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London Biscuits addresses issues

LONDON Biscuits Bhd’s recent trigger of Practice Note 17 (PN17) does seem like a bad end to an already gloomy story that had been hovering over the confectionery manufacturer in recent times.

London Biscuits bucks trend

PETALING JAYA: London Biscuits Bhd bucked the trend as its share price shot up after falling into the Practice Note 17 (PN17) category.

KLCI retraces previous session's gains ahead of Powell speech

KUALA LUMPUR: The FBM KLCI erased most of the gains made in the previous session in a sign the domestic market is consolidating ahead of US Federal Reserve chairman Jerome Powell's testimony.

London Biscuits now a PN17 company

PETALING JAYA: London Biscuits Bhd is now a Practice Note 17 (PN17) company, following its payment default amounting to RM9.83mil to Bank of Nova Scotia Bhd.

KLCI closes higher, thanks to some late buying

KUALA LUMPUR: Blue chips closed higher on Tuesday, underpinned by late buying of selected stocks like Maxis and IHH and Sime Plantation, amid a mixed broader market.

Quick take: London Biscuits tumbles 35% after classified PN17

KUALA LUMPUR: London Biscuit Bhd tumbled over 35% this morning after it was classified as an affected listed issuer under Practice Note 17 (PN17).

KLCI edges higher on Tenaga’s gains

KUALA LUMPUR: Blue chips eked out slim gains early Tuesday, with Tenaga Nasional’s rebound helping to lift the FBM KLCI despite the lacklustre mood in Asian markets.