An analyst told Bernama that the macro factors expected to affect the FTSE Bursa Malaysia KLCI next week, includes the Group of Seven(G7) meeting as investors search for clues on the trade outlook, as well as the timing of the next interest rate hike by the US Federal Reserve (Fed) which meets on June 12.
KUALA LUMPUR: The trading of shares in Pinehill Pacific Bhd
(PinePac) is suspended today to make way for a material announcement, the company said in a filing with Bursa Malaysia.
PinePac posted a loss of RM26mil on revenue of RM24mil in the financial year ended June 30, 2018. The company’s plantation area stands at approximately 4,000 ha in Malaysia and 40,180 ha for planting of oil palm in West Kalimantan, Indonesia.
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