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PETALING JAYA: Dagang Nexchange Bhd (DNex) has proposed to undertake a private placement of up to 20% of the total number of issued shares to raise up to RM109.1mil for future investment, partial repayment of bank borrowings and working capital.
KUALA LUMPUR: Dagang Nexchange Bhd (DNeX) is planning to raise as much as RM109mil by selling new shares, with the bulk of the proceeds earmarked for new investment.
HONG KONG: Chinese electric vehicle maker Li Auto Inc, backed by food delivery giant Meituan Dianping, has launched an initial public offering of up to $950 million, in one of the biggest U.S. listings by Chinese companies this year.
KUALA LUMPUR: Stocks to watch on Friday include Ranhill Utilities Bhd, Opcom Holdings Bhd, Willowglen MSC Bhd, Nexgram Holdings Bhd, Prestariang Bhd and MTouche Technology Bhd, according to JF Apex Research.
KUALA LUMPUR: Integrated health supplement company BioAlpha Holdings Bhd's share price and warrants surged in very heavy trade on Thursday after it secured a RM2.1bil health food contract.
KUALA LUMPUR: Despite the flux in oil prices and upheavals in the first half of the year, Ocean Vantage Holdings Bhd managing director Kenny Ronald Ngalin and executive director Stephen Yau Kah Tak are confident that the group’s expansion plans will proceed as planned over the next two years.
KUALA LUMPUR: Datuk Seri Subramaniam Pillai Sankaran Pillai, the executive director of rail contractor Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA), will emerge is as the single largest shareholder Comintel Corp Bhd (Comcorp) under the latter's regularisation plan.
KUALA LUMPUR: Shares in Ancom Logistics Bhd continued to attract strong trading interest in early trade Monday.
KUALA LUMPUR: Stocks to watch on Monday include PDZ Holdings Bhd, Sanichi Technology Bhd, Willowglen MSC Bhd, Naim Holdings Bhd, FGV Holdings Bhd, Daya Materials Bhd, LKL International Bhd and Perdana Petroleum Bhd, according to JF Apex Research.