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KUALA LUMPUR: Semiconductor and tech-related stocks led the stock higher in early Thursday trade after the broad selloff the previous day as investors sentiment perked up on the firmer overnight Wall Street close.
KUALA LUMPUR: Milux Corporation Bhd’s share price surged to a fresh record high of RM3.03 on Wednesday as more investors jumped on the bandwagon following the proposed three-for-one bonus issue.
KUALA LUMPUR: Milux Corp Bhd’s shares surged to its highest in over 15 years after the company announced a three-for-one bonus issue to reward its shareholders.
KUALA LUMPUR: JF Apex Research expects Serba Dinamik Holdings Bhd, Kelington Group Bhd, Ecobuilt Holdings Bhd, Milux Corp Bhd, GHL Systems Bhd and Genetec Technology Bhd to be among the stocks to watch on Tuesday.
KUALA LUMPUR: Home and kitchen appliances manufacturer Milux Corporation Bhd has proposed a three-for-one bonus issue of up to 176.29 million new bonus shares to reward its shareholders.
MILUX Corporation Berhad held an EGM recently in relation to the proposed diversification of the existing core business of Milux and its subsidiaries to include provision of support services for the oil and gas industry and property-related services.
KUALA LUMPUR: Bursa Malaysia started Monday on a cautious note in the absence of strong positive leads on the local and external front while foreign selling has kept the key FBM KLCI under check.
KUALA LUMPUR: A surge in new Covid-19 infections forced key Asian markets to retreat further at midday on Monday, including Bursa Malaysia, which was also impacted by a downgrade in its outlook by S&P Global Ratings.
KUALA LUMPUR: Bursa Malaysia ended Thursday on a weaker note with trading value seen shrinking considerably amid greater caution among retail investors on fresh Covid-19 infections globally.