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CEO lowers stake in Serba Dinamik
PETALING JAYA: Serba Dinamik Holdings Bhd’s group managing director and group chief executive officer Datuk Mohd Abdul Karim Abdullah (pic) has been forced to trim his stake in the company.
Trading ideas: Country Heights, Malaysia Smelting Corp, LBS Bina Group, Sunway REIT, Cahya Mata Sarawak
KUALA LUMPUR: Stock with recent corporate announcements that could see increased trading action include Country Heights, Malaysia Smelting Corp, LBS Bina Group, Sunway REIT, Cahya Mata Sarawak, Signature International, Fiamma, MPHB Capital, Serba Dinamik, EA Technique and Zelan, said JF Apex Research.
Serba Dinamik shares plunge
PETALING JAYA: The share price of Serba Dinamik Holdings Bhd plunged by nearly 70% after trading resumed from a long suspension, and amid the uncertainties surrounding the stock, investors are advised to wait for the company’s regularisation plan before investing in the stock.
Najib 'instructed' witness to get 1MDB 2013 audit report signed, court told
KUALA LUMPUR: Datuk Seri Najib Tun Razak "instructed” KPMG Malaysia to sign off its audit report of 1Malaysia Development Berhad (1MDB) for 2013 in a meeting at the former prime minister's residence here, the High Court heard.
Integrity of capital markets
EVERY now and then, capital markets everywhere face challenges posed by participants who attempt to sidestep the law.
Bursa Securities grants THHE extension until Aug 22 to submit regularisation plan
KUALA LUMPUR: TH Heavy Engineering Bhd has been granted an extension of time until Aug 22, 2022 by Bursa Malaysia Securities Bhd (Bursa Securities) to submit its regularisation plan to the relevant authorities for approval.
Airasia x stays in the red in 2Q22 with net loss of RM11.9mil
KUALA LUMPUR: AirAsia X Bhd (AAX) posted a net loss of RM11.94 million for the second quarter ended Dec 31, 2021 (Q2 FY2022) on the back of revenue of RM119.31 million.
Is PN17 an end-game?
BASED on statistics provided by Bursa Malaysia, there are presently some 25 companies that are categorised under the Practice Note 17 (PN17) of the Main Market Listing Requirements (MMLR) and two companies under the Guidance Note 3 (GN3) of the ACE Market Listing Requirements (AMLR).
Trading ideas: Sam Engineering, Reach Energy, Samaiden, SM Track and Serba Dinamik
KUALA LUMPUR: Stocks that could see increased trading interest on Friday following recent corporate news flow include Sam Engineering, Reach Energy, Samaiden, SM Track and Serba Dinamik.
Trading ideas: Yinson, Haily Group, HeiTech Padu, Tomypak, YTL Power, China Automobile Parts
KUALA LUMPUR: Stocks to watch for on Tuesday include Yinson, Haily Group, HeiTech Padu, Tomypak, YTL Power, China Automobile Parts, Panasonic Manufacturing Malaysia and Notion VTec, says JF Apex Research.
