Capital markets executive summary | Tue 16 May 2023

Capital markets executive summary | Tue 16 May 2023 Teo Seng 1Q net profit soars 373% One of Malaysia’s biggest egg producers saw its net profit increase from RM4.16m in 1Q2022 to RM19.68m in the 1st quarter ended 31 Mar 2023. Revenue increased from RM146.36m to RM183.4m. The performance of the Johor-based company’s farming segment…

Capital markets executive summary | Mon 15 May 2023

Capital markets executive summary | Mon 15 May 2023 Malacca Securities to underwrite SYF Resources’ rights issue open portion SYF Resources – formerly a furniture manufacturer before it disposed of its existing businesses – will enter the financial services industry by acquiring M&A Securities Sdn Bhd via a reverse take-over (RTO) exercise. On 19 Jan…