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Kenanga Research maintains underperform for Dayang

KUALA LUMPUR: Kenanga Research is retaining its underperform recommendation on Dayang Enterprise due to a share dilution arising from the fund-raising exercises, coupled with the under-whelming results.

Dayang Q1 losses at RM4.13mil

PETALING JAYA: Dayang Enterprise Holdings Bhd has managed to reduce its net losses in the first quarter ended March 31 as work orders picked up, and it expects to perform better with an order book of nearly RM3bil and firm oil prices.

KLCI clings on to 1,600 level, Petronas Chemical weighs

KUALA LUMPUR: Blue chips closed lower on Thursday amid a weakening broader market, tracking the key Asian and European bourses as worries about the costs of the rising US-China trade war weighed on investor sentiment.

Short selling of Dayang suspended after shares slide

KUALA LUMPUR: The short selling activities of Dayang Enterprise Holdings Bhd was suspended at 10.08am on Thursday after the share price fell more than 15 sen or 15% following the release of its results.

Dayang Q1 net losses reduced, order book nearly RM3b

KUALA LUMPUR: Dayang Enterprise Holdings Bhd’s managed to reduce its net losses in the first quarter ended March 31, 2019 as work orders picked up and it expects to perform better with an order book of nearly RM3bil and firm oil prices.

Contrasting fortunes for O&G companies

PETALING JAYA: Local oil and gas (O&G) players may be in for contrasting fortunes this year in spite of the steady rise in oil prices and outflow of contracts by Petroliam Nasional Bhd (Petronas).

Quick take: Perdana Petroleum shares fell 7% after rights issue

KUALA LUMPUR: Perdana Petroleum Bhd fell in early trade Tuesday after proposing rights issue of up to RM506mil.

Trading ideas: Pansar, EcoFirst, Securemetric, KPS, Yong Tai, Dayang

KUALA LUMPUR: Pansar Bhd, EcoFirst Consolidated Bhd, Securemetric Bhd, Kumpulan Perangsang Selangor Bhd (KPS), Yong Tai Bhd and Dayang Enterprise Holdings Bhd are among the stocks to watch on Tuesday.

Perdana Petroleum proposes rights issue of up to RM506mil

KUCHING: Perdana Petroleum Bhd has proposed to undertake a rights issue of redeemable convertible preference shares (RCPS) that could raise up to RM506mil.

Aliff Aziz, Bella Astillah officially divorced

KUALA LUMPUR: Popular singer and actor Aliff Aziz is officially divorced from his wife, Bella Astillah.