Malaysian Pacific Industries Bhd

Entity type image
Type: Company
Name: Malaysian Pacific Industries Bhd
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Sanlam acquires 49% stake in Malaysian Pacific & Orient Insurance

South African financial services group Sanlam has concluded the acquisition of a 49% stake in Malaysian niche short-term insurer, Pacific & Orient Insurance Co. Berhad (POI), for nearly MYR270m ($89.m).Sanlam Emerging Markets (SEM), which implemented ... [Published Insurance Business Review - May 20 2013]
First reported May 17 2013 - Updated May 17 2013 - 2 reports

Sanlam Ltd Concludes Acquisition Of Malaysian Pacific & Orient Insurance Berhad

11:20am BSTSanlam Ltd announced that all conditions precedent have been met to conclude the acquisition of a 49% stake in the Malaysian niche short-term insurer Pacific & Orient Insurance Co. Berhad (POI). The value of the transaction is MYR270 million ... [Published Reuters UK - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Sanlam concludes acquisition of Malaysian Pacific & Orient Insurance

South African financial services group Sanlam is pleased to announce that all conditions precedent have been met to conclude the acquisition of a 49% stake in the Malaysian niche short-term insurer Pacific & Orient Insurance Co. Berhad ... ... [Published Mbendi - May 17 2013]
First reported May 07 2013 - Updated May 07 2013 - 1 reports

TA Securities maintains Underweight on semicon sector, cites weaker recovery

Reset KUALA LUMPUR (MAY 7): TA Securities has maintained its Underweight rating on the semiconductor industry due to its weak sales recovery and believed that the industry was picking up in a slower pace.TA Securities said in its note today that UNISEM ... [Published Malaysia Edge - May 07 2013]
First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

Research Houses Maintain 'Neutral' Call On MPI

KUALA LUMPUR, April 30 (Bernama) -- RHB Research has maintained its "neutral" call on Malaysian Pacific Industries Bhd (MPI) with a target price (TP) of RM2.66, despite lowering its core earnings forecast by 30 per cent and 10 per cent for the 2013 and ... [Published Bernama - Apr 30 2013]
First reported Apr 29 2013 - Updated Apr 30 2013 - 2 reports

MPI turns around in 3Q on higher US, EU sales

Reset KUALA LUMPUR: MALAYSIAN PACIFIC INDUSTRIES [] Bhd (MPI) returned to the black in its third quarter ended March 31 of financial year 2013 (3QFY13), as demand from the US and Europe recovered, pushing up sales.The company declared a second interim ... [Published Malaysia Edge - Apr 30 2013]
First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

CIMB Research maintains Neutral on Malaysian Pacific Industries

KUALA LUMPUR: CIMB Equities Research is maintaining its Neutral call on (MPI) but lowered its target price from RM2.60 to RM2.38.The research house said on Tuesday MPI's RM3.6mil core earnings in the third quarter ended March 2013 narrowed year-to-date ... [Published thestar.com.my - Apr 30 2013]
First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

Malaysian Pacific posts higher pre-tax profit

Malaysian Pacific Industries Bhd (MPI) recorded a higher pre-tax profit of RM3.975 million for the third quarter ended March 31, 2013, from a pre-tax loss of RM7.548 million for the same period last year.In a filing to Bursa Malaysia today, the company ... [Published Business Times Malaysia - Apr 29 2013]
First reported Apr 22 2013 - Updated Apr 22 2013 - 1 reports

Semiconductor demand hits eight-month high

Reset KUALA LUMPUR: The North American semiconductor equipment industry’s book-to-bill ratio of 1.14 in March was the highest (see chart) over the last eight months. This suggests that semiconductor manufacturers were not showing any signs of slowing ... [Published Malaysia Edge - Apr 22 2013]
First reported Jan 30 2013 - Updated Jan 30 2013 - 1 reports

Affin cuts Malaysian Pacific Industries’ target price

KUALA LUMPUR, Jan 30 – Affin Investment Bank cut its target price on semiconductor-to-electronics manufacturer Malaysian Pacific Industries Bhd (MPI) on weaker-than-expected earnings stemming from uncertain economic conditions in Europe. MPI’s core net ... [Published The Malaysian Insider - Jan 30 2013]
First reported Nov 27 2012 - Updated Nov 27 2012 - 1 reports

Malaysia-Market factors to watch on Nov 27(Tuesday)

KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the local market.GLOBAL MARKETS-Euro rises on Greek debt deal, upside seen limitedSE Asia Stocks-Manila, Jakarta at ... [Published thestar.com.my - Nov 27 2012]

Quotes

"We attribute the better results to the group's high density packaging, micro leadframe packaging and test services" RHB Research said in a note today
"Though our forecasts are largely unchanged, our target price falls by 8.5% as an unchanged two standard deviation below its five-year historical price-to-book value average now works out to 0.71 times" it said
"The significant improvement was mainly due to higher revenue coupled with the positive effect of cost control measures and a planned shift to a higher margin product portfolio" the company added
...He also doubts Pakatan Rakyat, the opposition coalition, will be able to wrest control of the federal government. "The gap for the opposition alliance to take control is still too big" he says

More Content

All (17) | News (15) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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Sanlam acquires 49% stake in Malaysian Pacific ... [Published Insurance Business Review - May 20 2013]
Sanlam Ltd Concludes Acquisition Of Malaysian P... [Published Reuters UK - May 17 2013]
Sanlam concludes acquisition of Malaysian Pacif... [Published Mbendi - May 17 2013]
SLM: SANLAM LIMITED - Sanlam concludes acquisit... [Published JSE Securities Exchange - May 17 2013]
TA Securities maintains Underweight on semicon ... [Published Malaysia Edge - May 07 2013]
Research Houses Maintain 'Neutral' Call On MPI [Published Bernama - Apr 30 2013]
MPI turns around in 3Q on higher US, EU sales [Published Malaysia Edge - Apr 30 2013]
CIMB Research maintains Neutral on Malaysian Pa... [Published thestar.com.my - Apr 30 2013]
#Stocks To Watch* Southern Steel, MPI, Chin Tec... [Published Malaysia Edge - Apr 29 2013]
MPI turns around in 3Q as US/EU sales rise [Published Malaysia Edge - Apr 29 2013]
Malaysian Pacific posts higher pre-tax profit [Published Business Times Malaysia - Apr 29 2013]
Raise cash to take advantage of looming electio... [Published Malaysia Edge - Apr 22 2013]
Semiconductor demand hits eight-month high [Published Malaysia Edge - Apr 22 2013]
Affin cuts Malaysian Pacific Industries’ target... [Published The Malaysian Insider - Jan 30 2013]
Malaysia-Market factors to watch on Nov 27(Tues... [Published thestar.com.my - Nov 27 2012]
Fact Sheet for Malaysian Pacific Industries Bhd. [Published Able2Act - May 27 2008]
Biography for Quek Leng Chan [Published Able2Act - Mar 27 2007]
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