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Business

Sanichi replies Bursa’s query

PETALING JAYA: ACE Market-listed Sanichi Technology Bhd said it is not aware of why its shares saw an abrupt rise in price and trading, which on Thursday surged 50% to 30 sen.

Business

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.

Business

KLCI sees choppy trade

The benchmark FBM KLCI saw choppy trade during the first session of trading on Thursday, whipsawing to a high of 1,666 before paring gains to close at 1,663.94 at the midday break, down 1.7 points.

Business

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.

Business

Bonus/Rights Issues

Bonus/Rights Issues

World

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.

Business

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.

Business

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.

Business

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.

Business

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.