KUALA LUMPUR (Feb 16): Based on corporate announcements and news flow on Wednesday (Feb 16), companies that may be in focus on Thursday may include Sime Darby Bhd, Capital A Bhd, AirAsia X Bhd (AAX), Malaysian Genomics Resource Centre Bhd (MGRC), Mr DIY Group (M) Bhd, Heineken Malaysia Bhd, InNature Bhd, SAM Engineering & Equipment (M) Bhd, Kuala Lumpur Kepong Bhd (KLK), Gas Malaysia Bhd, Dagang NeXchange Bhd (DNeX), Sunzen Biotech Bhd, Scomi Group Bhd and Bintai Kinden Corp Bhd. AirAsia X Bhd’s (AAX) net loss narrowed to RM11.94 million for its second quarter ended Dec 31, 2021, from RM149.14 million in the immediate preceding quarter due to lower operating costs. Boosted by sharply higher palm oil prices, Kuala Lumpur Kepong Bhd’s (KLK) net profit jumped 67.69% to RM599.32 million for the first quarter ended Dec 31, 2021 from RM357.41 million a year earlier. Gas Malaysia Bhd has reported a 0.1% increase in net profit for the fourth quarter ended Dec 31, 2021 to RM69.29 million from RM69.23 million a year earlier. Bintai Kinden Corp Bhd has redesignated its deputy chief executive officer Noor Azri Azerai as the group’s executive director.

Source: The Edge Markets February 17, 2022 03:42 UTC