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Malaysian Stocks End Week in Black; Shares of Telekom Malaysia Rally 9%
Malaysian shares ended in the green zone on Friday, extending gains from the previous session as investors remained upbeat. The index seemed unimpacted by higher-than-expected US inflation, which drag
Telekom Malaysia Seeks Shareholder Nod to Renew Transactions Authority
Telekom Malaysia (KLSE:TM) is seeking its shareholders' approval to renew authority to carry out transactions for revenue in the company's upcoming annual general meeting. The telecommunications firm
TM Surges to Three-year High After Above-view 4Q, Analysts See Further Upside
Shares in state-owned fixed-line operator Telekom Malaysia Bhd (TM) surged on Monday to their highest in three years, as analysts broadly recommended investors to buy the stock following better-than-expected earnings for the fourth quarter ended Dec 31, 2023 (4QFY2023).
Telekom Malaysia's 2024 Guidance Looks Conservative -- Market Talk
Telekom Malaysia's 2024 earnings guidance looks conservative, Hong Leong IB analyst Tan J Young says in a note.
Telekom Malaysia 4Q Net Profit More Than Doubles as Tax Credit, Lower Costs Help
State-owned fixed-line operator Telekom Malaysia (TM) said Friday its net profit more than doubled in the fourth quarter of 2023 from a year ago thanks to tax credits and higher data revenue as well as lower costs.
UEM Sunrise Ends Decade-Long JV With Two Others
UEM Sunrise (KLSE:UEMS) said its unit UEM Land terminated the joint venture in managed services with units of Telekom Malaysia (KLSE:TM), and Iskandar Investment, according to a Friday filing. UEM Lan
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