Latest news with #RM14b
Daily Express
11-05-2025
- Business
- Daily Express
144 projects worth RM14b implemented in Sabah: PM
144 projects worth RM14b implemented in Sabah: PM TAWAU: The Madani Government has successfully implemented 144 development projects in Sabah to date, involving a total allocation of RM14 billion, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar said the projects include the upgrading of Tawau Hospital and Lahad Datu Prison, the construction of the Sepanggar Bay container port and the proposed heart medical centre in Kota Kinabalu. Advertisement He added that the government has allocated over RM350 million for the Madani Solar programme, with Tawau selected as the pilot project site. The initiative involves the installation of 40 solar-powered streetlights in collaboration with Universiti Malaysia Perlis (UniMAP) and the local community. SPONSORED CONTENT 'We are doing what's best for the people... addressing issues such as electricity and energy costs, education for children, toilets, science labs, police and armed forces needs including housing, and roads to be repaired. 'In just over two years, this is what the Madani Government has achieved. Some say it's still not enough, and I agree because some of the issues are inherited and cannot be resolved in just a year or two,' he said. Advertisement Anwar said this in his speech when officiating the closing ceremony of the Sabah Madani Rakyat Programme (PMR) 2025 at the Tawau Municipal Council square here today.
Yahoo
05-03-2025
- Business
- Yahoo
Institutional investors may adopt severe steps after Sime Darby Berhad's (KLSE:SIME) latest 11% drop adds to a year losses
Institutions' substantial holdings in Sime Darby Berhad implies that they have significant influence over the company's share price The top 2 shareholders own 61% of the company Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business A look at the shareholders of Sime Darby Berhad (KLSE:SIME) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 83% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. And so it follows that institutional investors was the group most impacted after the company's market cap fell to RM14b last week after a 11% drop in the share price. The recent loss, which adds to a one-year loss of 19% for stockholders, may not sit well with this group of investors. Institutions or "liquidity providers" control large sums of money and therefore, these types of investors usually have a lot of influence over stock price movements. As a result, if the downtrend continues, institutions may face pressures to sell Sime Darby Berhad, which might have negative implications on individual investors. Let's take a closer look to see what the different types of shareholders can tell us about Sime Darby Berhad. See our latest analysis for Sime Darby Berhad Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. Sime Darby Berhad already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Sime Darby Berhad's earnings history below. Of course, the future is what really matters. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don't have many shares in Sime Darby Berhad. Permodalan Nasional Berhad is currently the company's largest shareholder with 44% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 17% and 6.6%, of the shares outstanding, respectively. To make our study more interesting, we found that the top 2 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our data suggests that insiders own under 1% of Sime Darby Berhad in their own names. Keep in mind that it's a big company, and the insiders own RM2.5m worth of shares. The absolute value might be more important than the proportional share. Arguably, recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling. The general public-- including retail investors -- own 17% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. It's always worth thinking about the different groups who own shares in a company. But to understand Sime Darby Berhad better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Sime Darby Berhad , and understanding them should be part of your investment process. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
