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KUALA LUMPUR: Aco Group Bhd, a distributor of electrical products and accessories, aims to raise RM 16.2mil from its proposed listing on the ACE Market. The tentative listing date is March 18.
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trade in a tight range of between 1,525 and 1,535 next week, with the fiscal stimulus package by the government to be the focus among local traders
Many businesses still unprepared for Section 17A to come into force on June 1
KUALA LUMPUR: AmInvestment Research is retaining its Hold call with a lower fair value on Bursa Malaysia of RM6.05 from RM6.15.
PETALING JAYA: Digital security firm Securemetric Bhd expects to derive 50% of its revenue from recurring income, from the current 15%, over the next few years.
KUALA LUMPUR: The rally in glove makers hit a speed bump on Thursday as investors decided to take some money off the table ahead of the Lunar New Year and concerns about the new coronavirus outbreak in Wuhan, China.
PETALING JAYA: Electricity distribution product manufacturer Powerwell Holdings Bhd ended its debut day on the Ace Market with a 14% increase to 28.5 sen, from its initial public offering (IPO) price of 25 sen per share.
KUALA LUMPUR: Bank Negara Malaysia's suprise move to cut the overnight policy rate (OPR) by 25 basis points to 2.75% – the lowest since 2011 – prompted investors to cut their holdings in banks and sent the FBM KLCI into the red.
KUALA LUMPUR: Bursa Malaysia started Wednesday on a firmer footing as investors picked up healthcare stocks and glove makers following the outbreak of the new strain of coronavirus from China.