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KUALA LUMPUR: PLS Plantations Bhd through its unit, Brighthill Synergy Sdn Bhd, is venturing into the durian business by acquiring a 70% share in Dulai Fruits Enterprise Sdn Bhd (Dulai Fruits) for RM21mil.
KUALA LUMPUR: Construction and property developer Ekovest Bhd is buying a 23.42% stake in PLS Plantations Bhd for RM76.5mil from a company controlled by its executive chairman Tan Sri Lim Kang Hoo.
KUALA LUMPUR: Ekovest Bhd has given a RM213.5mil irrevocable undertaking to fully subscribe its portion of rights shares to be issued by PLS Plantations Bhd.
KUALA LUMPUR: PLS Plantations Bhd, which is shifting its core business into durian plantations, has proposed to place out up to 19 million new shares to former CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak at 95 sen a share.
KUALA LUMPUR: PLS Plantations Bhd announced that former CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak has taken a stake, boosting its shares 11% higher in early trade Monday.
KUALA LUMPUR: Stocks to watch on Friday include TRC Synergy Bhd, Alam Maritim Resources Bhd, Parkson Holdings Bhd, PLS Plantations Bhd and Asia Poly Holdings Bhd, according to JF Apex Research.
KUALA LUMPUR: Stocks to watch on Monday include Toyo Ventures Holdings Bhd, Dagang Nexchange Bhd (DNeX), PLS Plantations Bhd, SC Estate Builder Bhd and FGV Holdings Bhd, according to JF Apex Research.
KUALA LUMPUR: Stocks to watch on Wednesday include Ekovest Bhd, Ireka Corp Bhd, Ireka Corp Bhd, Aeon Credit Service (M) Bhd, Supermax Corp Bhd and MyNews Holdings Bhd, according to JF Apex Research.