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Strong CPO prices might be a factor in prospective agreements
KUALA LUMPUR: The FBM KLCI eked out a small gain on Monday morning amid slowing trading activity on the market.
KUALA LUMPUR: JF Apex Research expects AirAsia, TCS Group, Tex Cycle Technology and Kossan as the stocks which could see trading interest on Wednesday following their corporate announcements.
KUALA LUMPUR: Rimbunan Sawit Bhd’s (RSB) wholly-owned subsidiary Woodijaya Sdn Bhd has signed a sale and purchase agreement with Muzana Plantation JV Sdn Bhd to dispose of a parcel of land located at between Sungai Bakong and Sungai Baram, Baram, Sarawak for RM53mil.
KUALA LUMPUR: Bursa Malaysia slowed its ascent on Wednesday amid a negative report over the success of the early-stage trial of a coronavirus vaccine.
KUALA LUMPUR: Media Chinese International Ltd (MCIL) and Rimbunan Sawit Bhd (Rsawit) saw their shares transacted in off-market deals on Friday, which were significantly below their closing prices on Thursday.
KUALA LUMPUR: Stocks to watch on Thursday include Rimbunan Sawit Bhd, WTK Holdings Bhd, Leader Steel Holdings Bhd, LBS Bina Group Bhd, TSR Capital Bhd and CapitaLand Malaysia Mall Trust (CMMT), according to JF Apex Research.
KUALA LUMPUR: WTK Holdings Bhd is buying plantation land in Miri from Rimbunan Sawit Bhd for RM85mil cash, expanding its oil palm planted area by 39% from 8,662 ha to 12,052 ha
KUALA LUMPUR: WTK Holdings Bhd is buying a plantation land in Miri, Sarawak from Rimbunan Sawit Bhd for RM85mil cash, expanding its oil palm planted area by 39% from 8,662 hectares to 12,052 hectares.
KUALA LUMPUR: The FBM KLCI ended the morning just marginally higher after retracing earlier gains.