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Market up on mild bargain hunting
KUALA LUMPUR: The FBM KLCI saw the 30-stock advancing slightly to end Thursday up on some mild bargain hunting. Markets are winding down as investors leave for their Christmas and year end holidays.
Sanichi share price surges 50%, faces Bursa Securities scrutiny
Sanichi Technology Bhds share price jumped 50% in active trade on Thursday, prompting a query from Bursa Malaysia Securities Bhd.
Forced out by tsunami, Japan sushi chef dreams of home
TOKYO (Reuters) - When the tsunami roared through his northern Japanese hometown of Ofunato last March, sushi chef Sanichi Niinuma managed to escape with his life, but his shop was battered and badly damaged by the raging waters.
Penny stocks biggest gainers on Bursa last year
PETALING JAYA: Sometimes size does not matter. This was made clear in 2011’s biggest winners on Bursa Malaysia, in terms of percentage.
Jaikishan exits Envair making RM750,000 in less than two weeks
PETALING JAYA: Carpet Raya Sdn Bhd director Deepak Jaikishan has sold out of loss-making air and water filter manufacturer Envair Holding Bhd, less than two weeks after buying a 5.06% stake in the company, netting at least RM750,000 in the process.
Global markets up
PETALING JAYA: The FTSE Bursa Malaysia KL Composite Index soared nearly 20 points to breach the 1,480 level yesterday, reversing Tuesday's 13-point loss as markets rebounded amid nascent signs of a recovery in the United States and eurozone.
Sanichi to supply steam coal to China’s Guangxi
KUALA LUMPUR: Sanichi Technology Bhd has received a letter of intent from Guangxi Huayin Aluminium Co Ltd for the purchase of 150,000 tonnes of steam coal monthly for a year.
Coal deal cost unknown
PETALING JAYA: Sanichi Technology Bhd has clarified that there were no pricing details available yet for the supply of coal that it had secured under a recently announced deal with Indonesian company CV Permata Al Zahra, and conceded it had also yet to finalise any purchase agreement or identify a buyer for the coal supply.
Sanichi ties up with FIRC
KUALA LUMPUR: Precision mould fabricator Sanichi Technology Bhd is forming an alliance with FIRC Trade (M) Sdn Bhd to venture into the business of mining and supplying minerals.