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KUALA LUMPUR: Blue chips closed higher on Tuesday, underpinned by a rebound in Petronas Chemicals, Tenaga Nasional and Maybank as sentiment perked up following a firmer China market.
KUALA LUMPUR: The proposed privatisation of Cycle & Carriage Bintang Bhd (CCB) via a special capital repayment of RM2.20 a share fell through as it did not secure the majority needed from the disinterested shareholders during its EGM on Tuesday.
KUALA LUMPUR: Cycle & Carriage Bintang Bhd, which has been a downtrend over the past few trading days, rebounded 7.4% this morning.KUALA LUMPUR: Cycle & Carriage Bintang Bhd, which has been a downtrend over the past few trading days, rebounded 7.4% this morning.
KUALA LUMPUR: Stocks to watch on Tuesday include NWP Holdings Bhd, Omesti Group Bhd, Cycle & Carriage Bintang Bhd, Compugates Holdings Bhd, Green Packet Bhd, Carimin Petroleum Bhd and Serba Dinamik Holdings Bhd, according to JF Apex Research.
Company believes shares are largely undervalued
From FRSS, Ampang Jaya, Selangor.
The company celebrates its 70th anniversary with the opening of the An-Nur Balai Islam Complex at its headquarters.
FOR months, the question was who will get it. The bidding war for the prized asset that is PLUS Malaysia Bhd attracted bidders far and near, with many of the local personalities the ones that have eyed the expressway company before.
PETALING JAYA: The government’s move to ask PLUS Malaysia Bhd to once and for all fix its toll charges at lower rates is expected to slow down hikes in transportation costs, say economists.
KUALA LUMPUR: The Institute for Democracy and Economic Affairs (Ideas) endorses the Cabinet decision to not sell PLUS Malaysia Bhd.