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Markets

KLCI little changed by midday

KUALA LUMPUR: The local market started on a strong note before descending into negative territory and finally ending the morning session relatively unchanged.

Business

Gamuda, KPS suspended, linked to Selangor water deal

KUALA LUMPUR: Trading in the securities of Gamuda Bhd and Kumpulan Perangsang Selangor Bhd (KPS) was suspended since 9am on Friday.

Business

Two more names for Khazanah’s top post

PETALING JAYA: Two more names have emerged as possible successors to Tan Sri Azman Mokhtar as the managing director of Khazanah Nasional Bhd.

Business

Trading ideas: Advancecon, Hiap Teck, Velesto, KPS, MAHB

KUALA LUMPUR: Advancecon Holdings Bhd, Hiap Teck Venture Bhd, Velesto Energy Bhd, Kumpulan Perangsang Selangor Bhd (KPS) and Malaysia Airports Holdings Bhd are among the stocks to watch, according to JF Apex Research.

Business

KPS indirect unit to buy Penang land for RM28mil

PETALING JAYA: Kumpulan Perangsang Selangor Bhd’s (KPS) indirect unit, CPI (Penang) Sdn Bhd (CPIP), will acquire a 4.5acre plot of land in Bayan Lepas Industrial Park, Penang, for RM27.7mil from the Penang Development Corp.

Business

Trading ideas: KPS, Selangor Dredging, UMW, TA Enterprise

KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd (KPS), Selangor Dredging Bhd (SDB), UMW Holdings Bhd and TA Enterprise Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.

Business

KPS unit wins job to replace water pipes

KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd’s (KPS) subsidiary, SmartPipe Technology Sdn Bhd (SPT), has secured a RM20mil contract from Pengurusan Air Selangor Sdn Bhd (Air Selangor) to replace existing pipeworks in Hulu Langat and Kuala Lumpur.

Business

Kumpulan Perangsang chairman quits

PETALING JAYA: Kumpulan Perangsang Selangor Bhd (KPS), the company controlled by the Selangor state government, saw its chairman Raja Datuk Idris Raja Kamarudin resigning from his post.

Business

Kumpulan Perangsang Q1 revenue up 25%

KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd’s net profit for the first quarter ended March 31declined to RM13.21mil from RM20.21mil in the same period last year.

Community Sports

Orphans hone their badminton skills

ABOUT 40 orphans from two homes had a fun time at an Orphanage Children’s Community Badminton Camp held at SUK Shah Alam Club badminton hall.