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It’s hard to see a common link between Lotus KFM Bhd and MESB Bhd except that both companies have common shareholders.
KUALA LUMPUR: Bursa Malaysia pared its earlier losses on Tuesday to close higher with the FBM KLCI's advance underpinned by gains in Petronas Chemicals and Top Glove.
KUALA LUMPUR: MESB shares and it warrants surged to multi-month highs early Tuesday after the company received a mandatory takeover offer for its shares, reflecting the irrational exuberance of investors.
KUALA LUMPUR: Top Glove, MESB, MyNews and UMW are among the stocks which could see trading interest on Tuesday following their corporate announcements, JF Apex Research said.
PETALING JAYA: Leather product manufacturer MESB Bhd has received a takeover offer from Wong Sak Kuan and Yau Ming Teck, Lotus KFM Bhd’s directors.
KUALA LUMPUR: Two officials of Lotus KFM Bhd Wong Sak Kuan and Yau Ming Teck have launched a mandatory takeover offer for the remaining shares of MESB Bhd after they raised their combined stake to 44.14%.
KUALA LUMPUR: AirAsia Group, Advancecon, Lotus KFM, Pestech, KNM and Focus Dynamics are among the stocks to watch on Wednesday following the recent developments in the companies, JF Apex Research says.
KUALA LUMPUR: Stocks to watch on Thursday include MyEG Services Bhd, Iconic Worldwide Bhd, AT Systematization Bhd, KUB Malaysia Bhd, Techbond Group Bhd, Tenaga Nasional Bhd and AirAsia, according to JF Apex Research.
KUALA LUMPUR: Bursa Malaysia Securities Bhd (Bursa Securities) today said it would continue to monitor the progress of FSBM Holdings Bhd (FSBM) in respect of its compliance with the listing requirements.