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Business

BHS Industries pulp mill to start production in 2017

KUALA LUMPUR: BHS Industries Bhd expects its pulp and paper mill at Green Technology Park (GTP) in Pekan, Pahang, to be ready for production by late first half of 2017.

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Nextgreen Global

Consolidation may be on the cards.

Business

Trading ideas: WCT, Nextgreen, I-Bhd, Caring

KUALA LUMPUR: WCT Holdings Bhd, Nextgreen Global Bhd, I-Bhd and Caring Pharmacy Group Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.

Corporate News

Nextgreen Global secures RM400m investment for GTP projects

KUALA LUMPUR: Nextgreen Global Bhd has secured an investment of RM400mil from Asia Capital Investment Fund for the funding of working capital and costs in its Green Technology Park (GTP) projects.

Business

Trading ideas: Serba Dinamik, Globaltec, Nextgreen, Wegmans, Barakah Offshore, BAT

KUALA LUMPUR: JF Apex Research expects Serba Dinamik Holdings Bhd, Globaltec Formation Bhd, Nextgreen Global Bhd, Wegmans Holdings Bhd, Barakah Offshore Petroleum Bhd and British American Tobacco to be among the stocks to watch on Wednesday.

Business

Nextgreen secures funding, but shares dip 4%

KUALA LUMPUR: Nextgreen Global Bhd fell 4% in early trade Wednesday, although the company has secured a RM400mil investments for its Green Technology Park (GTP) projects in Malaysia.

Markets

Bursa Malaysia rises on positive US earnings

KUALA LUMPUR: Bursa Malaysia saw a broad-based advance on Wednesday morning as an optimistic start to the US corporate earnings season lent a lift to global markets.

Business

Nextgreen inks MoU with Japan's IHI, Nomura for green tech

KUALA LUMPUR: Nextgreen Global Bhd has inked an MoU with Japan's IHI Corporation and Nomura Holdings Inc to undertake a green technology investment partnerships.

Business

Telcos, Tenaga, banks push KLCI to higher close

KUALA LUMPUR: Some fund buying of telcos, Tenaga Nasional and banks enabled the FBM KLCI to close higher on Thursday amid the firmer broader markets except for China.

Business

Nextgreen and two Japanese firms to invest in palm oil venture

KUALA LUMPUR: Printing and publishing company Nextgreen Global Bhd is co-investing around RM700mil with two listed Japanese firms to utilise palm oil industry waste and biomass for the development of the second phase of the Green Technology Park in Pekan, Pahang.