Tag Archives: Bursa Malaysia

KUALA LUMPUR: LBS Bina Group Bhd said its first financial quarter was “encouraging” with a pick-up in sales and construction activities following the easing of lockdown measures. Read full story

KUALA LUMPUR: Malaysia Smelting Corporation Bhd’s (MSC) net profit for the first quarter ended March 31, 2022 jumped to RM64.34 million compared to RM22.12 million in the same period last year. Read full story

KUALA LUMPUR: Koperasi Peserta-Peserta Felcra Malaysia Bhd (KPFB) has inked a memorandum of understanding (MoU) with Siab Development Sdn Bhd to undertake a joint development with a gross development value (GDV) of RM389 million on lands in Gombak, Selangor owned by KPFB. Read full story

KUALA LUMPUR: Aeon Co. (M) Bhd recorded a net profit of RM28.07mil in the first quarter ended March 31, 2022,  a 27.38% improvement over RM22.03mil in the previous corresponding quarter on improved retail margin and higher impairment of trade receivables in the comparative quarter. Read full story

KUALA LUMPUR: Bursa Malaysia ended higher for the third consecutive trading session Wednesday on continuous nibbling in selected heavyweights including financial services, consumer, and oil and gas stocks. Read full story

KUALA LUMPUR: Signature International Bhd is acquiring a 23.67 per cent stake, or 120 million shares, in Fiamma Holdings Bhd for RM180 million. Read full story

KUALA LUMPUR: Sunway Real Estate Investment Trust (SunREIT) recorded strong retail sales in the first quarter of the year, which approached 100% normalcy as compared to the same pre-pandemic period in 2019. Read full story

KUALA LUMPUR: Jentayu Sustainables Bhd’s wholly-owned subsidiary Ipmuda Properties Sdn Bhd is collaborating with Encorp Bhd’s unit Encorp Development Sdn Bhd to develop a 10-storey condominium with an estimated gross development value of RM67.72mil. Read full story

KUALA LUMPUR: Petronas Chemicals Group Bhd (PCG) has announced the landmark acquisition of the entire equity interest in Perstorp Holding AB for RM7.018bil cash. Read full story

KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) and Big Innovation Holdings Limited (BIH), a wholly-owned subsidiary of Hon Hai Precision Industry Co Ltd (Foxconn), plan to set up a joint venture company to build and operate a new 12-inch wafer fabrication plant in Malaysia. Read full story

KUALA LUMPUR: Chin Hin Group Bhd plans to dispose of 19.34 per cent stake in Solarvest Holdings Bhd to Divine Inventions for RM103.28 million. Read full story

KUALA LUMPUR: Dialog Group Bhd’s net profit for the third quarter ended March 31, 2022, slipped to RM133.07 million from RM136.17 million a year ago mainly due to higher project cost. Read full story