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SKP rallies on positive perception, share up to RM1.42 since June

KUALA LUMPUR: The share price of SKP Resources Bhd has continued to rally mainly due to positive market perception on its recent merger with Tecnic Group Bhd and expectations of an earnings boost from recently-secured contracts. Kenanga Research said the share price had risen to RM1.42 since its previous report in June.


Breakfast briefing: Tuesday, September 22

Breakfast briefing: Tuesday, September 22


Rohas-Euco plans RTO of Tecnic

PETALING JAYA: Tecnic Group Bhd has entered into a non-binding memorandum of understanding (MoU) with Rohas-Euco Holdings Sdn Bhd, whereby the latter is proposing a reverse takeover (RTO) of Tecnic.


Tecnic gets UMA query after shares hit limit-up

PETALING JAYA: Shares of Tecnic Group Bhd hit limit-up to RM1.20, up 30 sen, and prompting a query from Bursa Malaysia Securities.

Stocks Analysis

StarBizWeek’s picks outperform market

OF the five stocks that StarBizWeek writers chose as stock picks at the start of the year, all with the exception of one are up by double-digits despite the overall benchmark index, the FTSE Bursa Malaysia KL Composite Index being up by only 0.75% over the same period.


Tecnic replies to queries on sharp share price rise

KUALA LUMPUR: Tecnic Group Bhd said it is not aware of any corporate development or rumour to account for the recent sharp rise in its share price.


Tecnic unaware of reason for sharp rise in share price

KUALA LUMPUR: Tecnic Group Bhd said it was not aware of any corporate development or rumour to account for the sharp rise in its share price on Tuesday.


Bursa Securities freezes price of Tecnic

KUALA LUMPUR: Bursa Malaysia Securities has frozen the share price of Tecnic Group Bhd’s at the upper limit of 73.5 sen and lower limit of 43.5 sen with effect from Monday.


Tecnic hits all-time high of RM6.52

KUALA LUMPUR: Tecnic Group Bhd’s share price surged to all time high of RM6.52 on Tuesday ahead of its distribution-in-specie of SKP Resources shares and dividends going ex on April 23.


Writers picks

AS we enter into the second week to the start of 2015, the writers on The Star’s business desk try their hand in the area of stock-picking, which is a hazardous exercise.