KUALA LUMPUR (Feb 19): Based on corporate announcements and news flow today, companies in focus on Monday (Feb 22) may include: AirAsia X Bhd, Careplus Group Bhd, Petronas Dagangan Bhd, Malakoff Corp Bhd, Malaysia Smelting Corp Bhd, Luxchem Corp Bhd, Genetec Technology Bhd, AwanBiru Technology Bhd, SMTrack Bhd, Pimpinan Ehsan Bhd and MY EG Services Bhd. For FY20, its net profit fell 66.7% to RM275.96 million from RM829.54 million, as revenue declined 38.2% to RM18.71 billion from RM30.29 billion. Prestariang Systems Sdn Bhd, a unit of Main Market-listed AwanBiru Technology Bhd (formerly known as Prestariang Bhd), has been appointed as a managed service provider (MSP) to manage cloud services for the government. During his unveiling of the MyDigital blueprint earlier today, Prime Minister Tan Sri Muhyiddin Yassin said the government had appointed Prestariang Systems, Enfrasys Solutions Sdn Bhd and Cloud Connect Sdn Bhd, which will manage services provided by cloud service providers (CSPs). SMTrack Bhd has purchased an aircraft worth US$6.7 million (RM27 million) from a management consultancy firm Cakerawala Solution International Sdn Bhd as the former ventures into cargo carriage services.

Source: The Edge Markets February 19, 2021 15:56 UTC