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Business 02 Jan 2012 | 12:00 AM

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 23 Dec 2011 | 12:00 AM

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 22 Dec 2011 | 12:00 AM

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 16 Dec 2011 | 12:00 AM

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.

Business 13 Dec 2011 | 12:00 AM

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.

Business 08 Dec 2011 | 12:00 AM

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.

Business 06 Dec 2011 | 12:00 AM

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.

Business 05 Dec 2011 | 12:00 AM

UMA issued on Sanichi

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

Business 25 Nov 2011 | 12:00 AM

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.

Business 19 Nov 2011 | 12:00 AM

Should regulators intervene in the stock market?