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Petronas-linked stocks and Tenaga Nasional underpinned the FBM KLCI’s rebound on Wednesday, enabling it to recoup one-third of the previous day’s losses.
PETALING JAYA: Almost all minority shareholders of Paragon Union Bhd have rejected the unconditional mandatory takeover offer by Koon Hoi Chun, the sole shareholder and director of AKK Capital.
KUALA LUMPUR: Paragon Union Bhd’s independent directors and independent adviser have urged the minority shareholders to reject the takeover offer by AKK Capital Sdn Bhd at 55 sen a share.
KUALA LUMPUR: Investors’ appetite for riskier assets on the first trading day of the Year of the Ox and a jump in crude oil prices enabled the FBM KLCI to close above the critical 1,600 on Monday.
KUALA LUMPUR: JF Apex Research expects Hartalega Holdings Bhd, IGB Real Estate Investment Trust, Bioalpha Holdings Bhd, Key Asic Bhd, KNM Group Bhd and Kerjaya Prospek Group Bhd to be among the stocks to watch on Tuesday.
KUALA LUMPUR: Shares of Paragon Union Bhd shares climbed to a high of RM1.08 a share early Monday as investors hoped the takeover offer price would be increased from 55 sen.
KUALA LUMPUR: Econframe, GDB, JF Tech, Pharmaniaga and Paragon Union are among the stocks to watch on Tuesday, JF Apex Research said.
Paragon Car Carpets Components Sdn Bhd, a wholly-owned subsidiary of Paragon Union Bhd, aims to tap into the regional and global automotive carpets market with its technical collaboration with Japan-based Toabo Material Co Ltd.
PRODUCT differentiation has become an important tool for property developers to create a stronger market presence and brand image. Paragon Union managing director Tan Onn Poh said the company's maiden development, Paragon Heights in Bukit Jalil, had been exquisitely designed for discerning buyers looking for a good development.