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TWO months ago, this column wrote about how retailers were hooked to the stock market and that many would get their fingers burnt when the party ended.
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: 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 Monday include Anzo Holdings Bhd, Jerasia Capital Bhd, Sino Hua-An International Bhd, Dialog Group Bhd, Boustead Holdings Bhd and Ikhmas Jaya Group Bhd, according to JF Apex Research.
KUALA LUMPUR: SDS Group Bhd, Prestariang Bhd, Icon Offshore Bhd, MISC Bhd and Anzo Holdings Bhd are among the stocks to watch on Monday, according to JF Apex Research.
KUALA LUMPUR: JF Apex Research expects Vivocom International Holdings Bhd, Sapura Energy Bhd, Serba Dinamik Bhd and Kuantan Flour Mills Bhd to attract trading interest on Tuesday.
KUALA LUMPUR: JF Apex Research expects Rhone Ma Holdings Berhad, UEM Sunrise Bhd, Kuala Lumpur Kepong Bhd and Magni-Tech Industries Bhd to be among the stocks to watch on Wednesday.
KUALA LUMPUR: Anzo Holdings Bhd, a manufacturer of solid timber doors, has via its unit, Anzo Construction Sdn Bhd, bagged a RM28.91mil sub-contract from QuicBuild System Sdn Bhd.