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PETALING JAYA: Kumpulan Powernet Bhd (Kpower) is making a foray into the logistics business with its proposed acquisition of a 51% stake in chemical and gas logistic transportation and forwarding services company, Chemtrax Sdn Bhd, for RM10mil cash.
KUALA LUMPUR (Bernama) -- Kumpulan Powernet Bhd (KPower) today signed a share sale agreement with Sabaka Group Sdn Bhd to acquire 2.19 million shares, or a 51%, in Sabaka’s wholly-owned unit, Chemtrax Sdn Bhd for RM10 million.
KUALA LUMPUR: Profit taking of glove makers accelerated in the afternoon session especially for Top Glove and Hartalega and sent the key FBM KLCI below the crucial 1,500 level.
KUALA LUMPUR: Kumpulan Powernet Bhd (KPower) has proposed a first and final dividend payout of 2.26 sen a share for the year ended June 30, 2020 (FY20) for shareholders' approval at its forthcoming AGM.
KUALA LUMPUR: Tech stocks were among the gainers early Wednesday as investor sentiment was boosted by Wall Street tech giants while Public Bank, which had been oversold, regained its momentum.
KUALA LUMPUR: Shares in Kumpulan Powernet Bhd (KPower) fell over 4% in early trade Friday owing to an apparent profit-taking activity.
PETALING JAYA: Kumpulan Powernet Bhd (KPower) has accepted the letter of award for a second hydropower project in Nepal.
KUALA LUMPUR: Kumpulan Powernet Bhd has accepted the letter of award for a second hydropower project in Nepal.
KUALA LUMPUR: Profit taking of Top Glove and Hartalega weighed on the FBM KLCI in early Tuesday trade while pharmaceutical companies climbed.