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Jaikishan buys 5.06% stake in Envair for RM1.32mil

PETALING JAYA: Controversial 'carpet man' Deepak Jaikishan has emerged as a substantial shareholder in Envair Holdings Bhd, buying a 5.06% direct stake in the loss-making manufacturer of air and water filters for RM1.32mil.


UMA issued on Sanichi

Bursa Securities has issued an unusual market activity (UMA) query on ACE-listed Sanichi.


Big Envair shareholder sells out

PETALING JAYA: A substantial shareholder of Envair Holding Bhd had disposed of his entire 6.75% stake less than a month after acquiring it on Nov 1.


Should regulators intervene in the stock market?



Bursa’s move likely to cool down exuberant rise of penny stocks

PETALING JAYA: The designation of Harvest Court Industries Bhd's securities is likely to cool down the exuberant rise of penny stocks over the last few weeks.


Speculation livens up stock market

A RESURGENCE of interest in low-priced stocks, as traders actively hunt for the next big run in the local stock market, has thrown several penny counters into the limelight in recent weeks.


Spotlight on penny stocks, several firms told to explain price hikes

PETALING JAYA: A handful of penny stocks on the ACE Market stole the limelight, with their shares seeing active trading and steep price hikes and regulators issuing a series of queries to these companies.


Investors buy and sell out of Sanichi and DVM over short period

PETALING JAYA: Sanichi Technology Bhd and DVM Technology Bhd are in the limelight as certain investors have bought into and sold out of these companies in a very short span of time, raising questions about their motives.


Asian markets pare losses

Asian markets gained back some ground in Wednesday trade to close higher amid range-bound trading after data showed global growth slowing.


German firm to take up major stake in Sanichi

SENAI: ACE Market-listed Sanichi Technology Bhd says its deal with a German automotive vendor is likely to be concluded in the first quarter of next year.