News in brief

Telekom Malaysia Bhd said it has not made any decision on the appointment of advisers for the relisting of its mobile arm, Celcom (M) Bhd. 

In response to a query from Malaysia Securities Exchange, Telekom said it had not ruled out the possibility of relisting Celcom, but at this time no decision had been made in respect of timing, size and price of Celcom shares to be offered in such relisting exercise. 

The decision to relist Celcom would take into account the success of the ongoing integration exercise and the interest of optimising value to the shareholders of Telekom, it said. – Bernama 

HAI-O ENTERPRISE BHD subsidiary Sea Gull Advertising Sdn Bhd has subscribed to 51% interest in Add One Promotions Sdn Bhd, which is to carry out the business as advisers, agents or organisers in projects relating to concerts, events, official functions, trade and non-trade promotional activities.  

Seven individuals would hold the balance 49% interest. 

Add One has an issued and paid-up capital of RM200,000. – Bernama 

Y.S.P. Southeast Asia Holding BHD registered a net loss of RM1,000 on a revenue of RM17.542mil for the third quarter ended Sept 30. It posted a pre-tax profit of RM3.002mil. 

For the nine months ended Sept 30, it posted net loss of RM2,000 and pre-tax profit of RM8.068mil on a revenue of RM51.876mil. – Bernama 

Pensonic Holdings Bhd's net profit for the second quarter ended Nov 30 increased to RM912,000 from RM491,000 in the equivalent quarter the previous year, although revenue fell to RM38.898mil from RM39.577mil. 

Its net profit for the half-year ended Nov 30 increased to RM1.328mil from RM551,000 previously as revenue rose to RM71.375mil from RM59.659mil. – Bernama 

MALAYSIAN PLANTATIONS BHD saw 5 million of its shares traded off-market at RM1.40 each, or a total of RM7mil, dealers said. 

“The identities of the buyer and seller are not known,” a local brokerage dealer said. – AFX-Asia 

The public tranche of ASIAEP BHD's initial public offering (IPO) was 200.39 times oversubscribed, while the placement portion was fully taken up, Malaysian Issuing House Sdn Bhd said in a statement. 

Asiaep's IPO comprises a public issue of 60 million new shares at 30 sen each. The shares have a face value of 10 sen each. 

The e-commerce solutions provider is seeking to list on the Mesdaq market. – AFX-Asia  

 

TRC Synergy Bhd has fixed the price of 7 million new shares issued for a placement exercise at RM2.30 per share. 

The price represented a 10% discount to the five-day weighted average market price of RM2.56 from Dec 29 to Jan 5, the company said in a statement. – AFX-Asia 

ANSON PERDANA BHD through its wholly-owned unit Anson Perdana Realty Sdn Bhd has entered into a sale and purchase agreement with Kijang Credits & Realty Sdn Bhd for the disposal of a piece of freehold land in Kuala Lumpur measuring 15,900-sq-ft for RM1.44mil cash. – Bernama 

Unimech Group Bhd (UGB) has subscribed to 800,000 ordinary RM1 shares, representing 80% equity interest in Unimech Worldwide (Shanghai) Sdn Bhd or UW(S), for RM800,000 cash.  

In response to a query from Malaysia Securities Exchange, Telekom said it had not ruled out the possibility of relisting Celcom, but at this time no decision had been made in respect of timing, size and price of Celcom shares to be offered in such relisting exercise.