TH Heavy Engineering will explore opportunities in the renewable energy sector with an injection of RE assets mainly comprising hydropower plant developments from OHP Ventures Sdn Bhd after signing a memorandum of understanding with the latter.
ES Ceramics' net profit for its 2QFY22 soared 252% year-on-year to RM14.14 million from RM4.01mil a year prior, amid higher revenue and improved production activities.
PUC is partnering with Cover Touch Sdn Bhd and KH Lim Capital Sdn Bhd to undertake online general and life insurance aggregation service business.
CTOS Digital saw its net profit for 4QFY21 fall slightly by 8.62% to RM11.78 million from RM12.89mil in the previous year due to higher administrative expenses.
Woodlandor has been slapped with an unusual market activity query by Bursa Malaysia on the sharp rise in its share price and volume on Friday (Jan 21).
Jerasia Capital said its subsidiary has defaulted on its repayment of principal and interest in financing facilities worth RM26.39mil.
Meanwhile, JF Apex said the FBM KLCI could trend lower towards the support 1,515 points after dropping 0.69 point to 1,527.06 in the previous session.
The US market plunged on Friday amid rising rates and corporate earnings as investors looked to tomorrow's Federal Reserve policy meeting.
In European, stocks tumbled on lower US retail sales and political tensions between Russia and Ukraine.