Latest news with #Fraser&NeaveHoldingsBhd
BusinessToday
6 days ago
- Business
- BusinessToday
Market Remains In Negative Territory As Decliners Outpace Gainers
The stock market continues to close in the negative territory for another session, weighed down by persistent selling pressure and cautious sentiment across the broader market. Decliners continued to dominate, with 601 counters falling compared to 412 gainers, while 498 stocks ended unchanged. A total of 918 counters were untraded and eight were suspended. Despite the bearish tone, trading activity picked up, with turnover rising to 3.07 billion shares worth RM2.36 billion from 2.93 billion shares valued at RM1.67 billion on July 14. Heineken Malaysia Bhd led the top losers, retreating 40 sen to RM24.50 on active selling. Malaysian Pacific Industries Bhd dropped 38 sen to RM20.40, while Fraser & Neave Holdings Bhd slid 28 sen to RM28.70. Other heavyweights under pressure included Hong Leong Bank Bhd, down 26 sen to RM19.30, and Nestlé (M) Bhd, which eased 24 sen to RM76.50. On the upside, gains were limited, with Riverview Rubber Estates Bhd emerged as the top gainer, rising 15 sen to RM3. Master-Pack Group Bhd added 12 sen to RM3.15, while United Plantations Bhd edged up eight sen to RM21.70 on strong interest with 1.73 million shares traded. KPS Consortium Bhd and KKB Engineering Bhd (KKB) also saw modest gains of 7.5 sen and seven sen, respectively, to close the trading session at 56.5 sen and RM1.34. Despite the increase in trading volume, sentiment remained broadly subdued, as investors continued to adopt a wait-and-see approach amid a lack of fresh catalysts and external uncertainties. Related
Daily Express
05-07-2025
- Business
- Daily Express
Tetra Pak sees big potential beyond Malaysian dairy sector
Published on: Saturday, July 05, 2025 Published on: Sat, Jul 05, 2025 By: Bernama Text Size: Tetra Pak has invested approximately EUR 500 million in research and development over the past five years, underscoring its commitment to innovation, sustainability, and meeting the evolving needs of the global food and beverage industry. HO CHI MINH CITY: Tetra Pak, a Swedish-Swiss multinational food processing and packaging solutions company, sees strong growth potential in Malaysia and across Asia Pacific beyond the milk category, said its president and chief executive officer Adolfo Orive. He highlighted the growing consumer demand for a variety of beverages such as plant-based, fruit juices, coffee, iced tea, protein-enriched, oatmeal and energy products, signalling a broader shift in the local (Malaysia) and regional beverage markets. Advertisement He said that globally, the demand for protein is on the rise, and Malaysia is no exception, protein is becoming increasingly important to consumers. The whole of Asia Pacific is a great source of those new beverage categories, he said. 'Our role is to support a wide range of products tailored to different age groups, lifestyles, and consumption. 'We commit to making food safe and available everywhere, and that is what we have been doing for more than 75 years,' he told Bernama. Additionally, Orive stressed the importance of sustainable packaging, solutions that have a positive impact on the environment—currently, about 70 per cent of Tetra Pak's packaging materials come from renewable sources, contributing to lower carbon dioxide emissions. 'We believe our packaging is already a strong and positive option in terms of sustainability, and we are committed to going further. 'Our goal is to keep investing in innovations that make our packaging even more sustainable for society as a whole,' he said. Tetra Pak has invested approximately EUR 500 million in research and development over the past five years, underscoring its commitment to innovation, sustainability, and meeting the evolving needs of the global food and beverage industry. On July 3, Tetra Pak announced the expansion of its facility in Binh Duong with the launch of Phase 2, following an additional investment of EUR97 million. This follows the inauguration of Phase 1 in 2019, as the company aims to better serve the growing demands of Vietnam and the broader Asia Pacific markets. Serving as a regional production hub, Tetra Pak Binh Duong supplies packaging solutions to Vietnam and several key Asia Pacific markets, including Thailand, Malaysia, Indonesia, Singapore, the Philippines, Australia, and New Zealand. The production capacity at Tetra Pak's Binh Duong facility has now reached 30 billion packs annually. Currently, Tetra Pak operates a local office in Malaysia, which primarily serves all consumers and customers in the country. Among the notable companies using Tetra Pak's packaging in Malaysia are Fraser & Neave Holdings Bhd, Farm Fresh Bhd, and Nestle. Asia Pacific remains one of the world's most dynamic food and beverage markets, valued at US$667 billion (US$1=RM4.21) in 2023 and projected to reach US$900 billion by 2028. Meanwhile, Tetra Pak Malaysia, Singapore, Philippines and Indonesia managing director Michael Wu said the company views Malaysia as a stable and reliable market. 'We see Malaysia as a secure baseline, and each year we target around two to three per cent value growth to stay ahead of inflation. 'At the same time, we see strong potential to drive more innovation here,' he said. Wu noted that many of the products launched by customers in Malaysia have been in the market for years, and there is a clear opportunity to introduce new offerings, especially for younger and more diverse consumer segments. 'Malaysia is uniquely multiracial, with Malays, Chinese, Indians (and other ethnic groups), as well as a growing number of foreign tourists or residents. 'That diversity presents a valuable opportunity to innovate,' he explained. Before its expansion, Tetra Pak's Binh Duong facility supplied only 60 per cent of the packaging materials used in Malaysia. However, following the upgrade, over 95 per cent of the packaging material for the Malaysian market is now produced at the Binh Duong site, he said. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Sun
04-07-2025
- Business
- The Sun
Tetra Pak sees strong growth potential beyond daily sector
HO CHI MINH CITY: Tetra Pak, a Swedish-Swiss multinational food processing and packaging solutions company, sees strong growth potential in Malaysia and across Asia-Pacific beyond the milk category, said its president and CEO Adolfo Orive. He highlighted growing consumer demand for a variety of beverages such as plant-based, fruit juices, coffee, iced tea, protein-enriched, oatmeal and energy products, signalling a broader shift in the Malaysian and regional beverage markets. Orive said that globally, the demand for protein is on the rise, and Malaysia is no exception, protein is becoming increasingly important to consumers. The whole of Asia-Pacific is a great source of those new beverage categories, he said. 'Our role is to support a wide range of products tailored to different age groups, lifestyles and consumption. 'We commit to making food safe and available everywhere, and that is what we have been doing for more than 75 years,' he told Bernama. Additionally, Orive stressed the importance of sustainable packaging solutions that have a positive impact on the environment – currently, about 70% of Tetra Pak's packaging materials come from renewable sources, contributing to lower carbon dioxide emissions. 'We believe our packaging is already a strong and positive option in terms of sustainability, and we are committed to going further. 'Our goal is to keep investing in innovations that make our packaging even more sustainable for society as a whole,' he said. Tetra Pak has invested about €500 million (RM2.49 billion) in research and development over the past five years, underscoring its commitment to innovation, sustainability and meeting the evolving needs of the global food and beverage industry. On Thursday, Tetra Pak announced the expansion of its facility in Binh Duong, Vietnam, with the launch of Phase 2, following an additional investment of €97 million. This follows the inauguration of Phase 1 in 2019, as the company aims to better serve the growing demands of Vietnam and the broader Asia-Pacific markets. Serving as a regional production hub, Tetra Pak Binh Duong supplies packaging solutions to Vietnam and several key Asia-Pacific markets, including Thailand, Malaysia, Indonesia, Singapore, the Philippines, Australia and New Zealand. The production capacity at Tetra Pak's Binh Duong facility has reached 30 billion packs annually. Currently, Tetra Pak operates an office in Malaysia, which primarily serves all consumers and customers in the country. Among the notable companies using Tetra Pak's packaging in Malaysia are Fraser & Neave Holdings Bhd, Farm Fresh Bhd, and Nestle. Asia-Pacific remains one of the world's most dynamic food and beverage markets, valued at US$667 billion (RM2.8 billion) in 2023 and projected to reach US$900 billion by 2028. Meanwhile, Tetra Pak Malaysia, Singapore, Philippines and Indonesia managing director Michael Wu said the company views Malaysia as a stable and reliable market. 'We see Malaysia as a secure baseline, and each year we target around 2% to 3% value growth to stay ahead of inflation. At the same time, we see strong potential to drive more innovation here,' he said. Wu noted that many of the products launched by customers in Malaysia have been in the market for years, and there is a clear opportunity to introduce new offerings, especially for younger and more diverse consumer segments. 'Malaysia is uniquely multiracial, with Malays, Chinese, Indians (and other ethnic groups), as well as a growing number of foreign tourists or residents. That diversity presents a valuable opportunity to innovate,' he explained. Before its expansion, Tetra Pak's Binh Duong facility supplied only 60% of the packaging materials used in Malaysia. However, following the upgrade, over 95% of the packaging material for the Malaysian market is now produced at the Binh Duong site, he said.
The Star
07-05-2025
- Business
- The Star
Stock trading opportunities amid US dollar weakness
UOB KayHian Research recommended a tactical trading stance focusing on value- driven opportunities. PETALING JAYA: The appreciation of the ringgit versus the US dollar has brought about trading opportunities in Malaysian equities focusing on value amid expectations of de-dollarisation and a broader reallocation of capital toward emerging market currencies. UOB KayHian Research recommended a tactical trading stance focusing on value- driven opportunities amid a moderate upside for Malaysian equities. 'Key beneficiaries include importers and companies with high US dollar debt, while exporters may face margin pressure,' it said. The research house advocated exposure in value stocks backed by sound fundamentals, considering the fluid trading environment as the ringgit's strength represents a significant macro tailwind for corporate earnings, with reallocations towards domestic demand and import-reliant sectors from those reliant on US dollar revenue. Among the potential winners are retail and consumer discretionary stocks like MR DIY Group (M) Bhd and Fraser & Neave Holdings Bhd . Automotive stocks (Bermaz Auto Bhd , Sime Darby Bhd ), aviation (Capital A Bhd ), plantation (Kuala Lumpur Kepong Bhd and SD Guthrie Bhd), healthcare (Duopharma Biotech Bhd ) and others like Axiata Group Bhd , Tenaga Nasional Bhd , Genting Bhd and Genting Malaysia Bhd are also potential winners. 'Most of the key beneficiaries are expected to gain from lower import costs, alongside lower debt servicing cost, given the meaningful US dollar debt exposure. 'That said, the margin improvement in auto sector would still be offset by overall soft demand and market share loss to Chinese competitors,' it noted. Stocks at the losing end of the weaker greenback include exporters from the technology and electronic manufacturing services sectors, commodity-linked stocks such as Press Metal Aluminium Holdings Bhd and OMH Holdings Ltd, as well as glove makers. It said during the last ringgit appreciation cycle in the third quarter of 2024 (3Q24), when the ringgit rose to a peak of RM4.09/US dollar from RM4.66/US dollar between end-July and end-September before rebounding to RM4.49/US dollar by mid-November, retail and consumer stocks emerged as direct beneficiaries during the 3Q24 results reporting season.
Yahoo
04-05-2025
- Business
- Yahoo
Fraser & Neave Holdings Bhd's (KLSE:F&N) Dividend Will Be MYR0.30
The board of Fraser & Neave Holdings Bhd (KLSE:F&N) has announced that it will pay a dividend of MYR0.30 per share on the 30th of May. Including this payment, the dividend yield on the stock will be 2.3%, which is a modest boost for shareholders' returns. Our free stock report includes 1 warning sign investors should be aware of before investing in Fraser & Neave Holdings Bhd. Read for free now. It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. Based on the last dividend, Fraser & Neave Holdings Bhd is earning enough to cover the payment, but then it makes up 117% of cash flows. The company might be more focused on returning cash to shareholders, but paying out this much of its cash flow could expose the dividend to being cut in the future. Looking forward, earnings per share is forecast to rise by 29.2% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 44% by next year, which is in a pretty sustainable range. View our latest analysis for Fraser & Neave Holdings Bhd Even over a long history of paying dividends, the company's distributions have been remarkably stable. The annual payment during the last 10 years was MYR0.62 in 2015, and the most recent fiscal year payment was MYR0.63. Dividend payments have been growing, but very slowly over the period. While the consistency in the dividend payments is impressive, we think the relatively slow rate of growth is less attractive. The company's investors will be pleased to have been receiving dividend income for some time. However, Fraser & Neave Holdings Bhd has only grown its earnings per share at 4.5% per annum over the past five years. The company has been growing at a pretty soft 4.5% per annum, and is paying out quite a lot of its earnings to shareholders. While this isn't necessarily a negative, it definitely signals that dividend growth could be constrained in the future unless earnings start to pick up again. Overall, it's nice to see a consistent dividend payment, but we think that longer term, the current level of payment might be unsustainable. While Fraser & Neave Holdings Bhd is earning enough to cover the payments, the cash flows are lacking. This company is not in the top tier of income providing stocks. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. As an example, we've identified 1 warning sign for Fraser & Neave Holdings Bhd that you should be aware of before investing. Is Fraser & Neave Holdings Bhd not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. 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. Sign in to access your portfolio
