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Lion Industries (KUL:4235) |
Business Times - Malaysia
Jul 20
Comment
RHB Research raised the call on steel manufacturer Lion Industries Corporation Berhad to "market perform" from "underperform" based on demand from the local Malaysian sector and an easing of cost pressure.
In a note to investors on Friday,...
Business Times - Malaysia
Apr 23
Comment
As of 9.38am in Kuala Lumpur, Lion Industries Corp, a steelmaker, climbed 1.5 per cent to RM1.39, bound for its biggest gain since April 10. The stock was rated new strong buy at ECM Libra Financial Group Bhd, which said the company will benefit...
Business Times - Malaysia
Oct 17
Comment
THE local stock market rallied in tandem with other Asian bourses yesterday. Advancing counters overwhelmed declining counters by 731 to 155.
The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rebounded from its intra-day low...
Business Times - Malaysia
Jun 23
Comment
Three units of Malaysia's Lion Group said they're in talks with various parties regarding a possible strategic collaboration, responding to media reports of a potential investment in their steel companies.
Lion Corp, Lion Industries Corp and Lion...
Business Times - Malaysia
Jun 23
Comment
Lion Industries Corp was upgraded to "trading buy" from "neutral" at OSK Research Sdn Bhd as a potential sale of a stake in Amsteel Mills Sdn. will allow it to and#8216;unlock'' the value of its steel business.
Lion Industries rose to a...
Business Times - Malaysia
Jun 22
Comment
SHARES on Bursa Malaysia rebounded yesterday. Declining counters outpaced advancing counters by 383 to 362.
The benchmark FTSE Bursa Malaysia KLCI rebounded from its intra-day low of 1,559.95 to its intra-day high of 1,567.35 yesterday. It...
Business Times - Malaysia
May 25
Comment
OSK Research has reiterated its "neutral" stance on Lion Industries Corporation with a cautious view on the group's medium term outlook.
"After adjustments to various exceptional items, mainly in the past quarters, Lion Industries' core net...
Business Times - Malaysia
May 4
Comment
Lion Industries Corporation Bhd is acquiring 50 per cent equity interest in Singapore-based Angkasa Hong Leong Pte Ltd from Hong Leong Asia Ltd for RM36.56 million.
The company, in a filing to Bursa Malaysia today, said it had entered into a...
Business Times - Malaysia
Mar 4
Comment
OSK Research is maintaining a "Neutral" call on Lion Industries Corporation Bhd (LICB) but has downgraded its target price to RM1.57 per share from RM2.07 per share, previously.
It said the neutral stand and downgrade was in view of...
Business Times - Malaysia
Dec 28
Comment
Lion Industries Corp, the producer of steel bars and wire rods, rose 1 per cent to RM2, the first advance in four days.
The company said it fully repaid RM100 million of financing to Intra Inspirasi Sdn Bhd, a subsidiary of Lion Forest...
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