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Companies that made notable announcements to Bursa Malaysia on Nov 24 include Brahim's Holdings, Econpile Holdings, Guinness Anchor, IJM Corp, Parkson Holdings, Perisai Petroleum and UEM Edgenta.
KUALA LUMPUR: The ringgit strengthened against the major currencies including the US dollar on Tuesday as investor sentiment towards the local unit perked up after 1Malaysia Development Bhd inked a deal to sell its power assests housed under Edra Global Energy Bhd to a Chinese company for RM9.83bil.
Top foreign and local stories at 3.30pm
KUALA LUMPUR: Malaysia’s blue chips extended their gains for the second day, with the FBM KLCI outperforming the key Asian markets, as Tenaga Nasional rallied on the latest development following 1Malaysia Development Bhd’s (1MDB) sale of its power assets to China Nuclear Power Corp for RM9.83bil.
KUALA LUMPUR: UEM Edgenta Bhd is buying an 80% stake in KFM Holdings Sdn Bhd for RM128mil in cash and shares as it expands its asset management services in Malaysia and the UAE.
KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) is issuing 16 new European-style cash-settled call and put warrants over ordinary shares, with an issue size of 100 million each.
CLOSE to a year after it officially completed the deal to merge three related entities under one holding company, UEM Edgenta Bhd’s (formerly known as Faber Group Bhd) focus is now to harness the benefits of the integrated company.
KUALA LUMPUR: UEM Edgenta Bhd has teamed up with Resource Data Management (RDM) UK's unit RDM Asia Sdn Bhd to set up and operate a private limited company in Malaysia with a paid-up capital of RM1mil.
KUALA LUMPUR: JF Apex Research expects Destini, Mieco Chipboard, UEM Edgenta, London Biscuits and Melati Ehsan to be among the stocks to watch on Tuesday.
KUALA LUMPUR: UEM Edgenta Bhd has teamed up with Resource Data Management (RDM) UK’s unit, RDM Asia Sdn Bhd, to set up and operate a private limited company in Malaysia with a paid-up capital of RM1mil.