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Macquarie has named several Asian companies as its top picks for 2025, with predicted gains ranging from 50% to over 80% in their share prices. The investment bank screened for 25 companies that have strong market positions, clear growth catalysts, solid financial fundamentals and are set to "prosper in the year ahead." SK Hynix Korean memory chip maker SK Hynix is another stock expected to see its shares rise by 50%, driven by increasing demand for AI memory chips. Meituan Chinese technology and food delivery company Meituan is also among Macquarie's top picks for 2025. Any future stimulus measures announced by the Chinese government is also likely to benefit the stock, the bank said.
Persons: Macquarie, YTL, Kia Macquarie, Macquarie's Organizations: Kia, Tokyo, SK Hynix, Nvidia, Hanwha Aerospace Locations: U.S, Macquarie, Asia, Tokyo, China, SK Hynix Korean, Hanwha Aerospace Korean, Europe, East, Southeast Asia, Ukraine, Hong Kong
KUALA LUMPUR, July 21 (Reuters) - Malaysia said on Friday telecommunications firms CelcomDigi, Maxis, Telekom Malaysia, U Mobile and YTL Communications will take up stakes in state 5G agency Digital Nasional Berhad (DNB), following an agreement reached between the firms and the government on equity participation and 5G access. The announcement comes as mobile operators and the government look set to conclude protracted negotiations over Malaysia's 5G rollout plans. Malaysia had in 2021 announced that state-owned DNB would own the full 5G spectrum, with carriers using the infrastructure to provide mobile services. Mobile operators agreed in October last year to take up 70% of DNB's stake to resolve the impasse. Other carriers had signed the deal last year, paving the way for 5G services to be rolled out to customers.
Persons: Anwar Ibrahim's, Rozanna Latiff, Kanupriya Kapoor Organizations: CelcomDigi, Maxis, Telekom Malaysia, U Mobile, YTL Communications, Digital Nasional Berhad, Malaysia's, Mobile, Maxis Berhad, Thomson Locations: KUALA LUMPUR, Malaysia
YTL Corporation chairman discusses succession plans
  + stars: | 2023-07-11 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAs a publicly listed company, we can't have nepotism and cronyism: Infrastructure conglomerateFrancis Yeoh, chairman of Malaysia's YTL Corporation, tells CNBC's Christine Tan about his succession plans.
Persons: Francis Yeoh, Christine Tan Organizations: Malaysia's YTL Corporation
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAttention to detail is key in our projects, says Malaysian infrastructure firmCNBC's Christine Tan meets YTL Corporation's chairman, Francis Yeoh, and his son, Joseph, who oversaw the "transformation" of The Starhill, a shopping mall in Kuala Lumpur, Malaysia.
Persons: Christine Tan, YTL Corporation's, Francis Yeoh, Joseph Locations: Malaysian, Kuala Lumpur, Malaysia
KUALA LUMPUR/SINGAPORE, April 16 (Reuters) - Malaysia plans to introduce a second 5G network from next year, four sources told Reuters, in the latest policy shake-up aimed at dismantling monopolies and promoting competition by Prime Minister Anwar Ibrahim's six-month-old administration. A recommendation by major carriers for a second 5G provider was rejected by the previous government in March last year. Fahmi also said last week 5G network coverage had reached 55% in populated areas. It was not clear how the proposal for a second 5G network would affect DNB's existing agreements with its development partner Swedish telecoms giant Ericsson (ERICb.ST), and other mobile operators. U Mobile later joined other telco firms in signing up to access DNB's 5G network.
Four Malaysian telcos agree to use state 5G network
  + stars: | 2022-10-31 | by ( ) www.reuters.com   time to read: +2 min
[1/2] An advertisement of 5G network by U Mobile carrier is displayed in Kuala Lumpur, Malaysia, September 26, 2022. REUTERS/Hasnoor HussainKUALA LUMPUR, Oct 31 (Reuters) - Four Malaysian mobile operators said on Monday they had agreed to use the government's state-owned 5G network, paving the way for 5G services to be rolled out to customers after months of delayed talks. Celcom Axiata (AXIA.KL), DiGi Telecommunications (DSOM.KL), Telekom Malaysia (DSOM.KL) and U Mobile said on Monday they had signed agreements to access the 5G network run by state agency Digital Nasional Berhad (DNB) for 10 years. In its statement, U Mobile said it would begin making 5G services commercially available to its customers from Thursday. YTL started offering 5G services to its customers last year.
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