Bursa highlights for Fri, Nov 13

At 5pm, the FBM KLCI was down 4.29 points or 0.26% to 1,658.91. Losers beat gainers 558 to 339 while 360 counters were unchanged.

Bursa highlights on Friday, Nov 13

ENCORP BHD, a subsidiary of Felda Investment Corp, plans to undertake a joint-venture mixed development project in Perth, Australia, with an estimated gross development value A$75.41mil (RM235.95mil). Read more

7-ELEVEN MALAYSIA HOLDINGS BHD has scrapped its plan to build a RM40.79mil distribution centre which would have been financed from its IPO proceeds. Read more

BOUSTEAD HOLDINGS BHD and its parent the Armed Forces Fund Board, which jointly control AES concession holder Irat Properties, will each have the right of first refusal regarding any Irat equity disposal by the other party. Read more

MALAYSIA BUILDING SOCIETY BHD says it did not meet the annualised group net return on equity due to lower operating profit. Read more

Two months have passed since the EGM that was called to remove all of WINTONI GROUP BHD's directors, but Wintoni's current board claims it has not received the meeting documents and is initiating legal action. Read more

TALAM TRANSFORM BHD has terminated its agreement to sell 85% in Jilin Province Maxcourt Hotel Ltd, which operates a hotel in Changchun, to Cre8ive Hotels for 230 million yuan (RM158.2mil). Read more

Smallish glove manufacturer COMFORT GLOVES BHD (formerly Integrated Rubber Corp Bhd), which in July exited the PN17 category, is continuing its expansion plan by building an integrated facility. Read more

Westports Holdings Bhd’s earnings were lower at RM130.04mil in the third quarter ended Sept 30, 2015 due to the doubling in tax expenses. Read more

APM AUTOMOTIVE HOLDINGS BHD, a Tan Chong group member with several overseas operations, now plans to develop auto parts in the Netherlands. Read more

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