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Nation 19 May 2015 | 12:00 AM

Chua: Bank Negara representative removed to avoid conflict of interest

THE Finance Ministry has defended a proposal to remove a Bank Negara Malaysia representative from the Retirement Fund Inc (KWAP) board, citing conflict of interest.

Business 27 Sep 2013 | 12:00 AM

Nazifuddin Najib never fails to excite market but will he stay long enough in SerSol?

THE sons of two powerful people are now part of modest SerSol Bhd. One is the managing director of the paints and coating company, while the other is a shareholder.

Business 21 Apr 2012 | 12:00 AM

Lacklustre trade in sight

Bursa Malaysia ended on Friday 4.77 points lower to 1,591.85 with trading interest still largely hogged by penny stocks. For the most part of the week, trading of the top five most actively traded counters made up some 60% of Bursa’s total trading volume.

Business 19 Apr 2012 | 12:00 AM

Penny stocks continue to fuel trading on Bursa

PETALING JAYA: The heavy trading volume on Bursa Malaysia, which has been a daily feature since early February, continue to be fuelled by penny stocks, with five of them accounting for more than a billion of the 2.13 billion shares traded on the market.

Business 30 Mar 2012 | 12:00 AM

Probe into Supercomnet activity

PETALING JAYA: The authorities are looking into possible insider-trading activity at Supercomnet Technologies Bhd, the company that hit the news recently, with a deal involving the son of the Prime Minister.

Business 29 Mar 2012 | 12:00 AM

Do your checking before falling for staggering promises

IT’S more than a case of curiosity at the speed of events that have unfolded in just a few days surrounding the spike in the share price of Supercomnet Technologies Bhd.

Business 28 Mar 2012 | 12:00 AM

Supercomnet plunges on news PM’s son will not buy stake

PETALING JAYA: Mohd Nazifuddin Mohd Najib will not be pursuing the option to purchase the 18.66% stake in the Supercomnet Technologies Bhd. The manufacturer of wires and cables for the automotive and medical industries said this via a filing to the stock exchange yesterday.

Business 28 Mar 2012 | 12:00 AM

Fed’s comments buoy market

SHARE prices on Bursa Malaysia closed higher, buoyed by the rally in regional markets sparked by comments from US Federal Reserve Chairman Ben Bernanke that easy monetary policy would remain to reduce unemployment, dealers said.

Business 27 Mar 2012 | 12:00 AM

Deal with Nazifuddin

PETALING JAYA: Supercomnet Technologies Bhd has struck a deal with Mohd Nazifuddin Mohd Najib (pic), where he has the option to buy an 18.66% stake in the ACE Market-listed company for about RM10.2mil.

Business 27 Mar 2012 | 12:00 AM

Most markets in the region close the day with positive sentiments

Most Asian markets continue to positively reflect on Federal Reserve chairman Ben S. Bernanke’s statement that monetary policy needs to focus on creating jobs.