Bursa highlights on Nov 30
Tycoon Tan Sri Surin Upatkoon and Pinjaya Sdn Bhd made a takeover offer for garment maker and property developer MWE Holdings Bhd for RM391mil in cash and deferred amount, sending the share price up to a high of RM1.60. Read more
The Employees Provident Fund has entered into a second toll highway operation joint venture with highway management company Taliworks Corp Bhd, paying RM66.75mil for a stake in the 18-year New North Klang Straits Bypass Expressway concession. Read more
MAA Takaful, which is 75% owned by MAA Group Bhd, is set to be sold off to Swiss insurance giant Zurich, pending the Finance Minister’s approval. Read more
Bank Islam’s holding company BIMB Holdings performed better year-on-year at the operational level in the third quarter but higher tax expenses led to an earnings drop of 4.4%. Read more
RHB Capital Bhd posted earnings of RM1.19bil in the nine months ended Sept 30, 2015 on the back of a turnover of RM7.97bil. Read more
Damansara Realty Bhd has clinched a contract from Putrajaya Corp to develop the 1Malaysia Civil Servants Housing (PPA1M) project and a shop office block at Precinct 5, Putrajaya, with a gross development value of RM467.3mil. Read more
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