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PETALING JAYA: Sarawak-based oil and gas (O&G) integrated support services provider, Ocean Vantage Holdings Bhd, has entered into an underwriting agreement with M&A Securities Sdn Bhd in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia.
KUALA LUMPUR: Kumpulan Powernet Bhd (KPower) has proposed to undertake a private placement of its shares worth RM51.31mil to individuals and entities, of which the proceeds are to be utilised for working capital for construction business, general working capital and estimated expenses in relation to the proposals
KUALA LUMPUR: Stocks to watch on Wednesday include LYC Healthcare Bhd, Green Packet Bhd, Serba Dinamik Holdings Bhd, Malayan Banking Bhd (Maybank), T7 Global Bhd and Key Alliance Group Bhd, according to JF Apex Research.
KUALA LUMPUR: Kumpulan Powernet Bhd has proposed on Tuesday a plan to issue new shares to its substantial shareholders and other investors, as the company seeks to raise funds for recently secured construction projects.
THE US dollar strengthened 0.73% to 100.466, benefiting from safe haven flows as investors turned wary over a potential second wave of the Covid-19 infection as many countries eased their lockdowns. The dollar also received additional impetus following:
PETALING JAYA: Fintec Global Bhd has proposed to place out new shares to raise funding for working capital and its investment into healthcare equipment business, particularly in the personal protective equipment (PPE) segment involving masks, gloves and face shields, among others
KUALA LUMPUR: Global integrated engineering solutions provider Serba Dinamik Holdings Bhd is targeting to grow 10-15 per cent in 2020 for both the top and bottom lines compared with previous years growth of 15-20 per cent.
KUALA LUMPUR: JF Apex Research expects Progressive Impact Corp Bhd (PICorp), BTM Resources Bhd, Yee Lee Corp Bhd, Mlabs Systems Bhd, SMTrack Bhd and Tasek Corp Bhd to be among the stocks to watch on Wednesday.