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Corporate News 12 Apr 2018 | 1:47 PM

Farouk sells his Impiana hotel business to Bio Osmo in RM426mil reverse takeover deal

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.

Business 24 Feb 2016 | 1:54 AM

Breakfast briefing: Wednesday, February 24

Breakfast briefing: Wednesday, February 24

Business 03 Jan 2015 | 12:00 AM

What’s next for Tanjung Offshore?

TANJUNG Offshore Bhd is fast looking as the latest casualty of the oil price decline.

Business 04 Dec 2014 | 8:55 AM

Trading ideas: Muhibbah Engineering, Censof, Glomac, Magna Prima

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.

Corporate News 22 Aug 2014 | 12:00 AM

Curbs on margin financing of certain stocks

PETALING JAYA: At least one brokerage in town has imposed restrictions on the financing of a handful of stocks with the view of taking prudent measures due to the unusually high trading volumes and rise in stock prices.

Business 18 Jun 2014 | 12:00 AM

Tanjung Offshore reverse takeover opposed

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.

Business 03 Jun 2014 | 11:56 AM

Tanjung Offshore suspended, pending announcement

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.

Business 14 May 2014 | 1:48 PM

Idaman Capital cuts stake in Bio Osmo

KUALA LUMPUR: Idaman Capital Bhd has ceased to be a substantial shareholder of Bio Osmo Bhd, which is involved in the production of bottled water, after the sale of a 4.57% stake.

Business 05 May 2014 | 8:47 AM

Trading ideas: Bina Puri, Datasonic, Bio Osmo, Alam Maritim

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.

Business 03 May 2014 | 12:00 AM

Bio Osmo takes the O&G plunge?

BIO Osmo Bhd, which has seen some changes in its shareholding, is likely to be transformed into an oil and gas player through a corporate exercise.