Stock Market & Investment News

KUALA LUMPUR: Muhibbah Engineering (M) Bhd (MEB) has secured new purchase orders worth RM50.3mil from Siemens Energy (Sweden) and Siemens Energy (Houston). Read full story

KUALA LUMPUR: HB Global Ltd has proposed to undertake a private placement of up to 154 million new ordinary shares in the group, representing 20% of the existing issued shares. Read full story

KUALA LUMPUR: Aurelius Technologies Bhd’s (ATech) wholly-owned subsidiary, BCM Electronics Corporation Sdn Bhd has appointed Lee Siang Tat (Michael) as the chief operating officer effective Feb 14, 2022. Read full story

KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (Lotte Chemical) announced that its related company, Lotte Chemical USA Corporation (LC USA) has entered into a securities purchase agreement with Eagle US 2 LLC (Eagle US) to transfer a further 3.23 per cent of its equity interest in LACC LLC to Eagle US for US$89.10 million (US$1=RM4.19).  Read full story

KUALA LUMPUR: Suria Capital Holdings Bhd has entered into a memorandum of understanding (MOU) with Vandelay Ventures Sdn Bhd to develop the Sabah Maju Jaya Renewable Energy Industrial Complex (SMJREIC) at Teluk Sepanggar, with an investment of approximately RM700 million. Read full story

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed at an all-time high of RM5,667 a tonne for the April contract. Read full story

KUALA LUMPUR: The Securities Commission (SC) has charged Mohd Azhidi Laili for breaching various provisions under securities laws for engaging in unlicensed activities and deceiving nine investors of approximately RM1.45mil of their monies between May 2013 and March 2014. Read full story