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Business

Sunzen re-enters into share sale agreement with Ecolite

PETALING JAYA: After having resolved past issues that prevented a deal between the vendors of Ecolite Biotech Manufacturing Sdn Bhd and Sunzen Biotech Bhd, the latter has now re-entered into a share sale agreement with Ecolite.

Business

Support Line

CAREPLUS Group shares were generally in consolidation mode since peaking temporarily at a near 14-month high of 44.5 sen on June 9.

Business

Trading ideas: Advancecon, GentingM, SCGM, Sunzen Biotech

KUALA LUMPUR: JF Apex Research expects Advancecon, Genting Malaysia, SCGM and Sunzen Biotech to be among the stocks to watch on Monday.

Business

Sunzen renounceable rights issue oversubscribed

KUALA LUMPUR: Sunzen Biotech Bhd’s renounceable rights issue was oversubscribed by 14.06% at the close of acceptance on Feb 22.

Corporate News

Bursa highlights for Mon, March 7

Companies that made notable announcements on Monday were AWC, CARIMIN PETROLEUM, DAMANSARA REALTY, FGV, NEXGRAM, PBA HOLDINGS, REACH ENERGY, SONA PETROLEUM, SUNZEN BIOTECH and TSR CAPITAL.

Business

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Business

Sunzen Biotech rights issue oversubscribed 14%

KUALA LUMPUR: Sunzen Biotech Bhd’s renounceable rights issue was oversubscribed by 14.06% at the close of acceptance on Feb 22.

Business

Support Line

GROMUTUAL rebounded to a three-month high of 52.5 sen amid fresh bargain hunting. Based on the daily chart, prices are expected to face stiff resistance at the 55-sen barrier, of which a successful penetration would signal the resumption of a rally, targeting the 74-75 sen barrier. Initial support is resting at 49 sen, followed closely by the 46-sen level.