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PETALING JAYA: The independent adviser for Emas Kiara Industries Bhd (EKIB) said Kim Feng Capital Sdn Bhd’s (KF Capital) offer to buy EKIB shares is “not fair but reasonable”.
KUALA LUMPUR: JF Apex Research expects Emas Kiara, Scomi Energy, Pintaras Jaya and Sarawak Cable to be among the stocks to watch on Monday.
KUALA LUMPUR: Real estate company Kim Feng Capital Sdn Bhd (KF Capital) is making a general mandatory offer (MGO) for all shares in Emas Kiara Industries Bhd (EKIB) that it does not own after boosting its stake in the geotechnical engineering and property development company to 47%.
KUALA LUMPUR: Diversified group Emas Kiara Industries Bhd is banking on property development to grow its business. The group, which had previously divested its geosynthetic manufacturing activities in 2011 to a global geosynthetic manufacturing group, said it was positive that its venture into the property sector would do well.
KUALA LUMPUR: Diversified group Emas Kiara Industries Bhd expects its energy efficient lighting solutions division's business to sustain in 2015.
KUALA LUMPUR: Emas Kiara Industries Bhd has bagged a S$8.67mil (RM23.25mil) subcontract agreement from Penta-Ocean Construction-Civil Tech joint venture which is doing land preparation works for the expansion of Changi Airport.