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KUALA LUMPUR: KNM Group Bhd's share price rose to a high of 29 sen in active trade on Friday following news that MAA Group had emerged as a substantial shareholder in the company.
KUALA LUMPUR: Stocks that might see trading interest on Friday include Southern Cable Group, Telekom Malaysia, MAA, Malaysia Steel Works, Paragon Globe and Ocean Vantage, according to JF Apex Research.
PETALING JAYA: MAA Group Bhd has emerged as a substantial shareholder in KNM Group Bhd with a 7% stake.
Healthcare, new market, digitalisation to be the thrust
(Removes attribution of statement on valuation in sixth paragraph)
SYDNEY: Crown Resorts Ltd said talks with Oaktree Capital Management LP over a A$3.1bil (US$2.3bil or RM9.6bil) proposal to help Crown buy out major shareholder James Packer ended, closing an exit path for the billionaire.
BENGALURU: Fortescue Metals Group Ltd reported its highest ever annual profit and dividend yesterday, after the Australian iron ore miner shipped a record amount of the steelmaking material to take advantage of soaring prices.
China will forbid minors from gaming more than three hours most weeks of the year, imposing their strictest controls yet over entertainment for youths in a blow to the world’s largest mobile gaming arena.
BEIJING: China Huarong Asset Management Co.’s long-delayed 2020 results showed a record loss, with leverage hitting 1,333 times and capital buffers far short of the regulatory minimum, emphasizing the difficult task ahead for the bad-debt manager that recently secured a government bailout.
MELBOURNE: Fortescue Metals Group Ltd reported its highest ever annual profit and dividend on Monday, after the Australian iron ore miner shipped a record amount of the steelmaking material to take advantage of soaring prices.