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Business

Texchem to invest RM36mil for expansion this year

GEORGE TOWN: Texchem Resources Bhd will spend about RM36mil to expand its business divisions this year.

Business

Trading ideas: Boustead, Eversendai, Texchem, Asdion, Selangor Properties

KUALA LUMPUR: JF Apex Research expects Boustead Holdings Bhd, Eversendai Corp Bhd, Texchem Resources Bhd, Asdion Bhd and Selangor Properties Bhd to be among the stocks to watch on Monday following their latest corporate news.

Corporate News

Texchem to dispose of 51% stake in Acumen Scientific for RM4.28m

KUALA LUMPUR: Texchem Resources Bhd has entered into a share purchase agreement and shareholders' agreement with a US-based company to dispose of 51% stake in Acumen Scientific Sdn Bhd for RM4.28mil.

Business

Texchem Q1 losses widen to RM2mil

PETALING JAYA: Texchem Resources Bhd’s losses widened to RM2.01mil in its first quarter ended March 31, 2018 from RM575,000 in the previous corresponding period, due to weaker performances from its food and polymer engineering divisions.

Business

Texchem allocates RM40m to expand 3 divisions

GEORGE TOWN: Texchem Resources Bhd will spend RM40mil to expand its restaurant, industrial and food businesses this year.

Business

Texchem to focus on growing F&B divisions

GEORGE TOWN: Texchem Resources Bhd will focus on driving growth for its food and restaurant divisions under the helm of its new president and chief executive officer Yap Kee Keong.

Business

Texchem to open 80 more Sushi King outlets by 2021

GEORGE TOWN: Texchem Resources Bhd will spend about RM80mil to open 80 new Sushi King outlets in the country until 2021.