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KUALA LUMPUR: Datuk Seri Farouk Abdullah, who emerged as a substantial shareholder in Bio Osmo Bhd in April last year, is injecting his Impiana hotel business in Malaysia into the loss making company in a bid to turn it around.
KUALA LUMPUR: JF Apex Research expects Muhibbah Engineering, Cennsof, Glomac and Magna Prima to see trading interest on Thursday after the release of fresh corporate news and earnings.
PETALING JAYA: The proposed reverse takeover (RTO) of Tanjung Offshore Bhd (TOB) by several parties, including a unit of Paris-based oil and gas (O&G) giant Bourbon SA, is being opposed by a group of minority shareholders who want the option of being able to sell their shares to the new owners.
PETALING JAYA: Oil and gas services company, Tanjung Offshore, has been suspended for up to three market days beginning 9am on Tuesday, following a request from Affin Investment Bank, pending the release of a material announcement, a filing with the stock exchange showed.
KUALA LUMPUR: JF Apex Research expects Bina Puri, Datasonic, Bio Osmo and Alam Maritim to see trading interest on Monday following the fresh corporate news.