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Short Position - Money lending
There seems to be a trend for companies to go into the money-lending business.
Brahim's rescue plan falls through
KUALA LUMPUR: PN17 affected firm Brahim's Holdings Bhd said a preliminary agreement with a potential white knight MRI VC Bhd to rescue the company has failed to materialise.
Hamidah Osman claims Perak Corporation Berhad is being wound up
IPOH: Datuk Hamidah Osman has alleged that Perak Corporation Berhad (PCB) is in the process of being wound up.
Sumatec shares stay suspended
KUALA LUMPUR: Trading in Sumatec Resources Bhd’s securities will be suspended from 9am today until further notice as the company has failed to submit its second-quarter report for the financial year ended June 30,2020 to Bursa Malaysia Securities Bhd.
Bursa Securities reprimands APFT Bhd and 6 former directors
KUALA LUMPUR (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded APFT Bhd and six of its former directors for breaching the Bursa Malaysia Securities Main Market Listing Requirements (Main LR).
Exclusive: What is single largest shareholder planning for Khee San?
AFTER failed attempts by several “white knights” to turn loss-making candy and wafer manufacturer Khee San Bhd around, could the company finally be seeing a change of sorts in its fortunes with the emergence of a new name?
Bursa mulls giving more time to troubled companies
PN17, GN3 firms may get extended period to submit plan
Bursa may give more time for PN17, GN3 firms to submit revamp plans
KUALA LUMPUR: Bursa Malaysia Bhd will consider granting a further extension of time for companies, which triggered the criteria of Practice Note 17 (PN17) and Guidance Note 3 (GN3) from Jan 2,2019 to Dec 31,2020, to enable them to submit their regularisation plans to the Securities Commission (SC) or the exchange after the 24-month grace period.
Trading ideas: AAX, KPJ, Willowglen, Lotte Chemical Titan, Tune Protect
KUALA LUMPUR: Stocks to watch on Monday include AirAsia X Bhd (AAX), KPJ Healthcare Bhd, Willowglen MSC Bhd, Lotte Chemical Titan Holdings Bhd, Tune Protect Group Bhd and Lotte Chemical Titan Holdings Bhd, according to JF Apex Research.
Reverse takeovers heating up in red hot market
THE red hot volumes registered on the stock market almost daily has triggered a rush in interest for reverse takeovers (RTOs).
