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KUALA LUMPUR: Bursa Malaysia eked out slight gains on Monday on some nibbling of MISC and KL Kepong after a hesitant start, mirroring the key Asian markets.
KUCHING: Debt-laden Sarawak Cable Bhd is set to raise up to RM72.3mil from the disposal of assets and a private placement exercise to meet the group’s working capital requirements.
PETALING JAYA: It’s a busy time for AME Elite Consortium Bhd, as the integrated industrial property solutions provider has just listed on the Main Market of Bursa Malaysia.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trend lower at between RM2,080 and RM2,100 per tonne next week, amid fears of import curbs by India.
KUALA LUMPUR: Well-informed investors can help the Securities Commission to root out potential fraud or misconduct, Securities Commission chairman Datuk Syed Zaid Albar said.
SINGAPORE: Malaysian palm oil futures closed higher on Friday, recovering from earlier losses, as gains in rival oils and a slightly weaker ringgit offset ongoing concerns over buying from India.
Sime Darby carves its niche following the conglomerate’s break-up two years ago, according to CEO Datuk Jeffri Salim Davidson.
PETALING JAYA: KNM Group Bhd has received a RM51.48mil contract to supply Petrofac Ltd with pressure vessels and columns for the Ain Tsila Development Project located in Algeria.
KUALA LUMPUR: MMAG Holdings Bhd has agreed to purchase two parcels of contiguous industrial land in Sungai Bakap, Penang from Dynaciate Group Bhd for RM41mil to expand its logistics business.
A WEEK before the tabling of Budget 2020, this column highlighted that the budget will likely be a non-event as far as the market is concerned for the simple reason that the government’s finances are tight and it cannot simply afford the many wishes of the wide range of stakeholders.