Bursa highlights for Wed, April 6

Bursa highlights logo for Star Online (Business).

Bursa highlights on April 6

RHB Capital Bhd, a year after announcing its intention to do an internal reorganisation, has revealed details of the exercise, which will see it transferring its entire stakes in its subsidiaries to RHB Bank for RM3.41bil cash. Read more

Genting Malaysia Bhd wants shareholders to give it mandate for another year to dispose of its 16.87% effective stake in cruise operator Genting Hong Kong Ltd. It has also fixed a lower minimum disposal price per share this time, at 29 US cents compared to 33 US cents under the original mandate. Read more

Press Metal Bhd, whose aluminium smelting plant at Samalaju Industrial Park in Sarawak was damaged in a fire last May, has received total interim claim of RM70mil from the insurer. Read more

Wintoni Group Bhd’s chief financial officer Kong Chin Lam and the three independent directors who made up its entire audit committee have resigned, citing “personal reasons.” Read more

Construction firm Gabungan AQRS Bhd’s subsidiary Prestige Field Development Sdn Bhd is selling 3.228ha leasehold land in Selangor for RM50.38mil as part of its degearing exercise. Read more

Digi.com Bhd did not announce this on Bursa’s website, but it is introducing a jaw-dropping game-changer: a six-month fully paid maternity leave policy. Read more

Special purpose acquisition company Reach Energy Bhd is targeting to submit the proposal of its maiden acquisition - that of a 60% stake in a Kazakh onshore oil & gas field - to the Securities Commission by next month, managing director Shahul Hamid Mohd Ismail tells a briefing. Read more

Property developer HCK Capital Group Bhd, through an indirect subsidiary, is acquiring 12.14ha industrial land in Demak Laut Industrial Park in Kuching for RM13.5mil.