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Profit taking on Petronas stocks weigh on KLCI

KUALA LUMPUR: Funds stepped up their profit taking on Petronas-related stocks on Wednesday and would have pushed the FBM KLCI further into the red if not for some buying support for Genting Bhd.

Maybank, CIMB lead KLCI up midday

KUALA LUMPUR: Maybank and CIMB led the FBM KLCI higher at midday on Friday while key Asian markets advanced on signs that global bond markets are stabilising after a big selloff.

Trading ideas: Eco World, Sasbadi, VSI, mTouche

KUALA LUMPUR: JF Apex Research expects Eco World Development, book publisher Sasbadi, VS Industry and mTouche to be among the stocks to watch on Friday.

Sasbadi wins contract to publish Form 5 BM literature textbook

KUALA LUMPUR: The Education Ministry has awarded a RM2.29mil contract to Sasbadi Holdings Bhd’s unit Sasbadi Sdn Bhd (SSB) to publish and supply the textbook for the literature component of the subject of Bahasa Malaysia for Form 5 to national schools throughout Malaysia.

Sasbadi MD’s son retires as COO

PETALING JAYA: Sasbadi Holdings Bhd’s group managing director Law King Hui’s son has retired as chief operating officer with effect from yesterday.

Sasbadi group MD’s son retires as COO

KUALA LUMPUR: Sasbadi Holdings Bhd group managing director Law King Hui’s son has retired as the chief operating officer with effect from Wednesday.

Sasbadi’s M&A plan on track

Syllabus-based content provider to also continue growing organically

Bright outlook for tower business keeps OCK at ‘buy’

RHB Research has advised investors to buy on current weakness, supported by a two-year compounded annual growth rate of 52%. It views the recent appointment of Dr Yap Wai Khee as OCK’s new chief executive positively given his vast experience in overseeing telco assets in emerging markets under the Axiata Group and strengthening management execution.

Malaysian students shine

MALAYSIAN students did well at the World Robot Olympiad (WRO) 2014, held in Sochi, Russia recently.

Selling still not over yet at Bursa Malaysia (Update)

KUALA LUMPUR: Malaysia’s blue chips extended their losses at the midday on Tuesday as the earlier relief rebound failed to gain momentum.