Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Although many of the auto-related businesses still operate there, the plant itself is relatively quiet as Nissan now has just a 1% market share. The sluggish state of its auto operations is underscored by the fact that the Segambut land, with a book value of RM515 million, is worth more than twice the company’s auto business — as reflected in its current market capitalisation of around RM200 million. At its peak in 2013, the company’s market cap exceeded RM3 billion.
Cypark Resources Bhd (KL:CYPARK) is expected to stay in red with a larger than previously expected core net loss for the current financial year, before a turnaround for the renewable energy company, analysts said.
