Trading ideas: Paramount, UMW, WZ Satu, Malayan Cement

KUALA LUMPUR: Stocks with news flow that may see investor attention on Friday incude Paramount, UMW, WZ Satu, Malayan Cement, Fajar Bary, LPI Capital , UEM Edgenta and Ahmad Zaki, said JF Apex Research in its daily highlights.

UMW vehicle sales up 35% in first quarter

KUALA LUMPUR: UMW group’s automotive sales jumped 35%, delivering close to 75,000 vehicles for the first quarter of this year, driven mainly by new model introductions and sales tax exemption.

Bond issuance in March at 22-month high

KUALA LUMPUR: The primary corporate bond market was exceptionally active with an issuance of RM23.8bil in March, representing the biggest monthly issuance since May 2019.

Pertama Digital raises court bail limit via eJamin

Positive signs of reaching growth projection

Rising exports, falling unemployment augur well

7-Eleven Malaysia settles suit against Dego 

KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd announced that it has settled a suit against Dego Malaysia Sdn Bhd and its founder Nabil Feisal Bamadhaj.

KAB appoints Dr Ong Peng Su as new chairman

KUALA LUMPUR (Bernama) -- Kejuruteraan Asastera Bhd (KAB), an electrical and mechanical engineering services provider, has appointed Datuk Dr Ong Peng Su as its independent non-executive chairman, taking over from Yoong Kah Yin effective today.

NWP shareholders calls for EGM to replace directors

KUALA LUMPUR (Bernama) -- NWP Holdings Bhd has received a formal demand from two of its shareholders to call for an extraordinary general meeting (EGM) on May 19, 2021, with intention to move proposed resolutions as Ordinary Resolutions.

WZ Satu bags RM243mil job from Malaysian Refining Co

KUALA LUMPUR  (Bernama) -- WZ Satu Bhd’s wholly-owned subsidiary WZS Misi Setia Sdn Bhd has accepted a Letter of Award (LOA) from Malaysian Refining Company Sdn Bhd (MRCSB) for the provision of engineering, procurement, construction and commissioning of effluent management at source (EMAS) project.

Khazanah raises RM312mil from TM share placement

KUALA LUMPUR: Khazanah Nasional Bhd has completed a placement of 53.8 million shares in Telekom Malaysia Bhd (TM) at RM5.80 per share, raising gross proceeds of RM312mil.