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KUALA LUMPUR: Bursa Malaysia was seen extending its rebound on Tuesday as financial heavyweights rose on positive sentiment over China's factory data and progress in the development of a Covid-19 vaccine.
KUALA LUMPUR: Shares in Oversea Enterprise Bhd rose over 21% in early trade following an unconditional mandatory takeover offer (MTO) by Anzo Holdings Bhd managing director Datuk Chai Woon Chet.
THE heated-up stock market is leading to a rush for unlisted assets to enter the capital market and for individuals to take over listed companies.
KUALA LUMPUR: What a week it has been for Bursa Malaysia as frenzied buying of penny stocks and heavy churning saw the trading volume break fresh records several times this week.
KUALA LUMPUR: JF Apex Research expects Ho Wah Genting Bhd, Aeon Co (M) Bhd, Advancecon Holdings Bhd, Serba Dinamik Holdings Bhd, Oversea Enterprise Bhd, JAG Bhd and Key Alliance Group Bhd to be among the stocks to watch on Friday.
KUALA LUMPUR: Anzo Holdings Bhd managing director Datuk Chai Woon Chet has made an unconditional mandatory takeover offer (MTO) of restaurant owner Oversea Enterprise Bhd after acquiring 63.37% of the company.
KUALA LUMPUR: Stocks to watch on Friday include Top Glove Corp Bhd, Paramount Corp Bhd, Ancom Logistics Bhd, Ni Hsin Resources Bhd and Permaju Industries Bhd, according to JF Apex Research.
KUALA LUMPUR: Bursa Malaysia gave up its gains from earlier in the day as profit-taking took over following the recent price surge.
KUALA LUMPUR: Bursa Malaysia was carried higher by a wave of optimism that took over Asian markets as fiscal stimulus measures offset record levels of new coronavirus cases in the US.