It said Takaso Resources called off the proposed acquisition of Dynavance Construction Sdn Bhd which is involved in construction and property businesses.
Parkson's 52.71%-owned Hong Kong listed Parkson Retail Group Ltd (PRGL) has issued a profit warning after China International Economic and Trade Arbitration Commission ruled it has to pay approximately 140mil renminbi (RM83.68mil) to its landlord in Beijing, China;
As for TA Enterprise, it posted net losses of RM33.28mil in the fourth quarter ended Jan 31, 2015 compared with a net profit of RM29.21mil a year ago.
Overnight, US and European stocks ended lower as investors booked profits amid mixed economic data.
At Bursa Malaysia, the FBM KLCI soared 8.95 points or 0.49% to close at 1,830.78 mainly driven by gains in blue chips.
"Technical indicators are bullish with our index broke the 200-day moving average of 1830 level. However, we expect profit taking to kick in today which is in line with the overnight losses in overseas markets," it said.
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