Tag Archives: Stock Market

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

NEW YORK/LONDON: World shares slid on Monday while oil prices jumped to seven-year highs on U.S. warnings that Russia could soon invade Ukraine, and investors scurried to buy safe-haven government bonds they mostly shunned so far this year. Read full story

NEW YORK: Warren Buffett’s Berkshire Hathaway Inc said on Monday it added nearly 14.7 million shares of video game maker Activision Blizzard Inc ahead of Microsoft Corp’s US$68.7 billion deal to buy the company. Read full story

NEW YORK: Oil prices surged over 2% on Monday to their highest in more than seven years as Ukraine’s president declared a “day of unity” for Feb. 16, a date that some Western media have cited as a possible start of a Russian invasion. Read full story

NEW YORK: Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive Inc in the quarter ended Dec. 31, securities filings showed Read full story

NEW YORK: Global oil prices could climb further because of the Opec+ coalition’s “chronic” struggle to revive production, unless the group’s Middle Eastern heavyweights pump extra to compensate, according to the International Energy Agency (IEA). Read full story

NEW YORK/WASHINGTON: Global shares dropped on Friday on rising worries over escalating Ukraine-Russia tensions and the prospect of a tightened interest rate hike timeline from the U.S. Federal Reserve in response to decades-high inflation. Read full story