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Ewein aims for bigger presence abroad
Sheet metal fabricator Ewein Bhd, slated for Bursa Malaysia second board listing this month, plans to grow its domestic market share and also gain a stronger presence overseas, especially India.
Mild fund buying lifts KLCI off early low
The market opened lower in early trade on Friday, weighed down by the overnight losses on Wall Street, but some buying of blue chips including MISC, IJM and Maybank lifted the KLCI off its early lows.hr noshade size=1 width=50%>
Blue chips up at midday on some window dressing
Blue chips ended the morning session slightly higher on Friday, on some window dressing activities by institutions, with gains in MISC, IJM and Public Bank, as the first quarter draws to a close.
10 sen premium for Ewein in debut
Ewein Bhd made its debut on the Bursa Malaysia second board yesterday, opening at 80 sen for a 10 sen, or 14% premium, over its initial public offer (IPO) price of 70 sen.
Uncertain times for IPOs
The volatile market in Malaysia, uncertainties in the political scene and also the continuing fallout from the US credit crisis are making most companies rethink plans to seek a listing on Bursa Malaysia, analysts said.
Newly-listed IPOs find it tough
Most of the initial public offerings (IPOs) that debuted on Bursa Malaysia in the first half year have fallen below their offer price in tandem with the softer market conditions.
CJ and Dr Wan Azizah top Penang awards list
Chief Justice Tun Abdul Hamid Haji Mohamad and PKR president Datin Seri Dr Wan Azizah Wan Ismail will be conferred the state's highest awards in conjunction with Yang di-Pertua Negri Tun Abdul Rahman Abbas's 70th birthday celebrations.
Top awards for Wan Azizah, Abdul Hamid
Chief Justice Tun Abdul Hamid Haji Mohamad and PKR president Datin Seri Dr Wan Azizah Wan Ismail will be conferred the state's highest awards in conjunction with Yang di-Pertua Negri Tun Abdul Rahman Abbas' 70th birthday celebrations on Saturday.
Market lacklustre at midday
The market was lacklustre in the morning session; with the KL Composite Index wavering in the positive and negative zones throughout despite some mild buying of larger capitalised stocks.
Wall Street boost for regional markets
Regional markets were higher in early trade on Wednesday, the last day of 2008, boosted by the firmer close on Wall Street.
