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The boards of automakers Fiat Chrysler Automobiles N.V. and Peugeot S.A said on Wednesday it would not pay an ordinary dividend for 2019 this year due to a collapse in consumer demand resulting from the COVID-19 pandemic. The health crisis has thrown the…
Malayan Banking Bhd’s (Maybank) registered highest ever net profit of RM8.11 billion for the financial year ended December 31, 2018 (FY18) from RM7.52 billion a year ago, mainly underpinned by higher loans growth, lower overhead costs as well as lower…
Carlsberg Brewery Malaysia Bhd has declared its highest dividend payment amounting to RM1 per share for the financial year ending Dec 31, 2018 (FY18) following a record performance for the year. Managing director Lars Lehmann said this is equivalent to a…
Two days after Deutsche Bank Group called a “sell” on AirAsia that led to a slight dip in its share price, two local brokerages have issued research reports maintaining a “buy” call on the airline. The rationale for the sell call is essentially stiff…
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