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Business 14 Apr 2015 | 9:42 AM

TM and DiGi lead KLCI higher

KUALA LUMPUR: Blue chips advanced in early Tuesday trade, underpinned by fund buying of Telekom Malaysia and DiGi amid a mixed broader market while Asian share markets got off to a hesitant start.

Business 16 Feb 2015 | 9:53 AM

Petronas stocks shore up KLCI but Tenaga slumps

KUALA LUMPUR: Fund buying of Petronas stocks helped boost the FBM KLCI in early Monday, underpinned by the rebound in crude oil prices, but Tenaga Nasional came under renewed selling pressure.

Business 14 Feb 2015 | 12:00 AM

KESM to buy over subsidiary

KUALA LUMPUR: KESM Industries Bhd, a semiconductor devices testing company, has proposed to buy the remaining 34.62% equity interest in its subsidiary KESM Test (M) Sdn Bhd for RM35mil cash from Sunright Ltd.

Analyst Reports 21 Jul 2014 | 12:45 PM

Geopolitical woes weigh on KLCI, Public Bank rebounds (Update)

KUALA LUMPUR: The FBM KLCI was down at midday on Monday, dragged by losses in Petronas-linked stocks on lack of buying interest due to the ongoing global geopolitical concerns but Public Bank rebounded from last Friday's selling.

Markets 17 Jul 2014 | 5:26 PM

Tenaga drags KLCI into the red

KUALA LUMPUR: Selling of power giant Tenaga Nasional dragged the FBM KLCI into red at the close of Thursday's close following a downgrade in its outlook but Tanah Makmur, which made its debut, surprised investors with a strong performance.

Business 11 Mar 2014 | 5:37 PM

KLCI closes up 6.5pt, late push from TM (Update)

KUALA LUMPUR: Late fund buying of Telekom Malaysia and gains by Petronas Gas and MISC pushed the FBM KLCI to a higher close on Tuesday, mirroring the firmer key regional markets.

Business 10 Mar 2014 | 6:30 PM

KESM Industries posts turnaround profit of RM1.34mil

KUALA LUMPUR: KESM Industries Bhd posted a turnaround profit of RM1.34mil for its second quarter ended Jan 31, 2014 against a loss of RM95,000 a year ago from higher demand in the burn-in an testing services.

Business 10 May 2013 | 12:00 AM

KESM unit receives demand for arbitration

KUALA LUMPUR: KESM Industries Bhd’s wholly-owned subsidiary, KESP Sdn Bhd, has received a demand for arbitration from the International Centre for Dispute Resolution, a division of the American Arbitration Association.

Business 12 Mar 2013 | 12:00 AM

KESM slips into the red

PETALING JAYA: KESM Industries Bhd posted a net loss of RM889,000 for its second quarter ended Jan 31, compared with a net profit RM3.05mil previously.

Business 13 Sep 2012 | 12:00 AM

Market stages technical rebound, CIMB, Tenaga lead

The Malaysian market staged a technical rebound on Thursday, aided by some fund buying for recently oversold stocks including CIMB and Tenaga but AirAsia fell to a 12-month low.