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Texchem to invest RM36mil for expansion this year

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

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.

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.

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.

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.

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.

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.

Mild pullback on blue chips early Friday

KUALA LUMPUR: Blue chips staged a mild pullback early Friday on some profit taking after the 20 over points jump in the FBM KLCI the previous day with Genting Bhd down in active trade.

KLCI dips early Friday as Genting and CIMB slip

KUALA LUMPUR: Investors took profit on Genting Bhd and CIMB Group early Friday and nudged the FBM KLCI slightly into the red but the broader market was steady with focus seen now on Lotto Chemicals Titan (LCTitan) again.