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SCIB holds virtual EGM, all resolutions passed
KUALA LUMPUR (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB), which successfully concluded its extraordinary general meeting (EGM) yesterday via live streaming, today said its shareholders have passed all four resolutions presented to them during the meeting.
Petronas Chemicals leads market rally to 1,550
KUALA LUMPUR: The FBM KLCI ended the morning session at 1,550 points as the risk appetite continued to grow amid improving investor sentiment.
Sustained momentum pushes KLCI past 1,550
KUALA LUMPUR: The FBM KLCI leapt higher on Thursday amid the ongoing lift in global equities prices, with banks at the forefront of the advance.
Quick take: AirAsia shares up 6% amid stake disposal news
KUALA LUMPUR: AirAsia Group Bhd share price rose 6% in the morning trade on news that the carrier is in talks to sell 10% of its shares.
Ocean Vantage signs IPO agreement with M&A Securities
PETALING JAYA: Sarawak-based oil and gas (O&G) integrated support services provider, Ocean Vantage Holdings Bhd, has entered into an underwriting agreement with M&A Securities Sdn Bhd in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia.
KPower undertakes private placement
KUALA LUMPUR: Kumpulan Powernet Bhd (KPower) has proposed to undertake a private placement of its shares worth RM51.31mil to individuals and entities, of which the proceeds are to be utilised for working capital for construction business, general working capital and estimated expenses in relation to the proposals
Trading ideas: LYC, GPacket, Serba Dinamik, Maybank, T7
KUALA LUMPUR: Stocks to watch on Wednesday include LYC Healthcare Bhd, Green Packet Bhd, Serba Dinamik Holdings Bhd, Malayan Banking Bhd (Maybank), T7 Global Bhd and Key Alliance Group Bhd, according to JF Apex Research.
Kumpulan Powernet plans RM51mil private placement, share split exercise
KUALA LUMPUR: Kumpulan Powernet Bhd has proposed on Tuesday a plan to issue new shares to its substantial shareholders and other investors, as the company seeks to raise funds for recently secured construction projects.
