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Business

Maybank, Public Bank shore up KLCI; ringgit gains 0.29%

KUALA LUMPUR :The FBM KLCI edged up at midday on Thursday, lifted by select blue chips while ringgit climbs against the US dollar.

Business

Southern Acids at mid-August high on property play

KUALA LUMPUR: Shares of integrated palm oil and healthcare-based Southern Acids (M) Bhd rose to a high of RM4.80, the highest since mid-August on rising optimism on its potential diversification into property.

Business

Bullish on Southern Acids

LOW profile Southern Acids (M) Bhd is back on analysts’ radar. Analysts are giving the thumbs up to the integrated palm oil and healthcare-based stock given its healthy balance sheet with a net cash of RM164.2mil as at the end of March, which supports the company’s future expansion as well as dividend payments.

Business

LTH takes a long-term view

PILGRIM fund Lembaga Tabung Haji’s (LTH) portfolio of investments on the local bourse are a mixed bag of defensive and capital-intensive stocks, Bloomberg data shows.

Business

Breakfast briefing: Friday, August 28

Breakfast briefing: Friday, August 28

Corporate News

Southern Acids appoints managing director

KUALA LUMPUR: Southern Acids (M) Bhd has appointed Dr Low Kok Thye as managing director effective July 15 while his father, Tan Sri Low Boon Eng, steps down as chairman.

Business

Paramount banks on former OCBC chief

OCBC Bank (M) Bhd’s former CEO and director Jeffrey Chew started his first day in property and education firm Paramount Corp Bhd as group CEO on July 1.

Business

Share price hike due to revised oil palm land value, says SAB

KUALA LUMPUR: Southern Acids (M) Bhd said its recent share price hike could probably due to a raised target price by a research house, it said on Monday.

Business

SAB shares hits record high despite UMA query

KUALA LUMPUR: Shares of Southern Acids (M) Bhd (SAB) continued to rise at mid-afternoon on Friday even after Bursa Securities slapped the group with an unusual market activity query earlier.

Business

SAB gets UMA query for recent share price hike

KUALA LUMPUR: Southern Acids (M) Bhd has been issued with an unusual market activity (UMA) query by Bursa Malaysia Securities on Friday.