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LOSS-MAKING copper wire and rod maker Ta Win Holdings Bhd says it will soon be reporting a profit in the coming fourth quarter (Q4)of its financial year ending June 30, 2021 (FY21) following several corporate moves it had made to diversify its business last year.
TA Win Holdings Bhd (code: 7097) still has room to grow before it hits a resistance level and coupled with growing momentum, there are indications Friday’s performance could be the start of a rally.
KUALA LUMPUR: Ta Win Holdings Bhd has proposed to acquire 1.74 million ordinary shares in Sin Line Tek Electronic Co Sdn Bhd (Sin Line Tek), which would add value and penetrate into the downstream segment of the copper rod and wire supply chain.
KUALA LUMPUR: Ta Win Holdings Bhd’s subsidiary is venturing into the pharmaceutical industry through its RM20.85mil investment in Royce Pharma Manufacturing Sdn Bhd.
KUALA LUMPUR: JF Apex Research expects Eco World International Bhd, Eastern & Oriental Bhd (E&O), Salcon Bhd, MyNews Holdings Bhd and Ta Win Holdings Bhd to be among the stocks to watch.
Bursa Malaysia Securities Bhd has publicly reprimanded four companies -- Haisan Resources Bhd, KBES Bhd, Ta Win Holdings Bhd and KYM Holdings Bhd --- for breaching the listing requirements.
KUALA LUMPUR: EcoWorld International Bhd, Gamuda Bhd, REDtone International Bhd, Green Packet Bhd, Ta Win Holdings Bhd and Hubline Bhd are among the stocks to watch on Monday, according to JF Apex Research.
KUALA LUMPUR: Ta Win Holdings Bhd are teaming up with China's Full Dragon Electric (Guang Dong) Company Ltd and Hong Kong's Wing Ying Non-Ferrous Trading Ltd to jointly invest in, set up and operate a new copper rod manufacturing line in Malaysia.
PETALING JAYA: Enamelled copper wire and rod manufacturer Ta Win Holdings Bhd is set to expand its production capacity and manufacture high-margin products, following its latest partnership to make cables using electron beam irradiation technology in Malaysia.