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.
Mercury Securities said currently, SumiSaujana Group Bhd is its only “buy” recommendation.
“Because this company manufactures specialty chemicals for the oil and gas industry, it relies largely on imported input materials – leaving its cost base exposed to input prices, the exchange rate, and freight,” the research house pointed out.
Meanwhile, Mercury Securities said among the five companies under its coverage, only two came in above expectations, which were SumiSaujana and HSS Engineers Bhd.
Margins were the factor that determined performance rather than volume.
Yes, Ramssol Group Berhad obtained a role with the Road Transport Department (JPJ).
In December 2025, the Ministry of Transport (MOT) officially appointed Ramssol’s wholly-owned subsidiary, Rider Gate Sdn Bhd, as an authorized collection agent for JPJ.
Key Details of the Appointment:
* Role: Rider Gate functions as an authorized agent handling transaction collections for JPJ services (such as digital payments/renewals).
* Government Cost: According to the JPJ Director-General, appointing private collection agents incurs zero cost to the government, as agents provide value-added service platforms under Ministry of Finance-approved guidelines.
* Data Ownership: Ramssol stated that transaction data generated on the platform remains fully owned by the government, adhering to strict data security safeguards.
