Latest news with #RM371m
New Straits Times
6 days ago
- Sport
- New Straits Times
Childhood fan Mbeumo joins Man Utd rebuild
CAMEROON winger Bryan Mbeumo said he "grew up wearing" the Manchester United shirt on Monday after joining the club from Brentford on a deal until 2030, with an option for a further year. Mbeumo, 25, will reportedly cost the 20-time Premier League champions an initial £65 million (RM371m) having scored 20 goals in 38 league games last season for the Bees. Tottenham, now managed by former Brentford boss Thomas Frank, were also chasing the France-born attacker before United's improved offer sealed the move. United's third bid, worth an initial £65m with £6m in add-ons, was accepted last week. "As soon as I knew there was a chance to join Manchester United, I had to take the opportunity to sign for the club of my dreams," Mbeumo said in a United statement. "The team whose shirt I wore growing up. "This is a massive club, with an incredible stadium and amazing fans, we are all really determined to challenge for the biggest trophies," he added. United coach Ruben Amorim has signed two other players during this summer in an attempt to avoid a repeat of last season's catastrophic display. They lost to Tottenham in the Europa League final and a 15th-place finish in the top flight was their lowest since 1973-74. Wolves forward Matheus Cunha and teenage Paraguayan defender Diego Leon have also moved to Old Trafford. "My mentality is to always be better than I was yesterday," Mbeumo said. "I know that I have the spirit and character to reach another level here learning from Ruben Amorim and playing alongside world-class players." Mbeumo blossomed in six years at Brentford, scoring 70 goals and providing 51 assists in 242 appearances in all competitions following his move from French club Troyes in 2019. Mbeumo helped the Bees win promotion to the Premier League in 2021 and was instrumental in their impressive 10th-place finish in 2024-25. — AFP
Malaysian Reserve
19-05-2025
- Business
- Malaysian Reserve
Maxis downgraded to Neutral, with an unchanged target price of RM3.90
Maxis Bhd posted a 5.1% year-over-year increase in 1QFY25 net profit to RM371m on the back of lower depreciation and net interest costs. The results came in within our and consensus expectations, accounting for 25.4% and 25% of full-year estimates, respectively. Revenue came in flat as the increase in fibre, postpaid and device revenue was offset by lower contribution from the prepaid segment. We expect earnings to remain resilient in FY25F, supported by a steady domestic demand for affordable postpaid mobile services as well as fibre connectivity to homes. However, given the limited upside potential to our target price of RM3.90, we downgrade our rating from Trading Buy to Neutral. A first interim dividend per share of 4.0 sen was declared (1QFY24: 4.0 sen per share). – Public Investment Bank Bhd (May 19, 2025) (Calls by analysts tracked by Bloomberg: 9 Buy, 13 Hold, 2 Sell; Consensus target price: RM3.99)
