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Boustead privatisation still a possibility
New group MD developing business strategy plan to rejuvenate the group
Blessing in disguise
ON new years’ eve last year, Malaysia finally allowed the KL-Singapore High Speed Rail (HSR) project to be automatically terminated as both sides could not come to an agreement on certain changes that were requested by Malaysia.
Felda buys 5.14m FGV shares for RM6.64m
KUALA LUMPUR: The Federal Land and Development Authority (Felda) continued to raise its stake in FGV Holdings Bhd with the purchase of 5.147 million shares on Thursday.
Trading ideas: AirAsia X, Perak Transit, Jiankun, Pharmaniaga, See Hup, Dayang
KUALA LUMPUR: AirAsia X Bhd, Perak Transit Bhd, Jiankun International Bhd, Pharmaniaga Bhd, See Hup Consolidated Bhd and Dayang Enterprise Holdings Bhd are among the stocks to watch on Friday, according to JF Apex Research.
Tek Seng acquiring industrial properties
PETALING JAYA: Tek Seng Holdings Bhd has proposed to acquire a parcel of industrial land formed by nine adjoining lots and warehouse and structure, measuring 853,863 sq ft, in Seberang Perai, Penang, for a total cash consideration of RM46.96mil from See Hup Consolidated Bhd.
Insight - Singapore’s housing party is on. Watch the clock
FROM Munich to Frankfurt, and Toronto to Hong Kong, housing bubbles have either grown bigger through the pandemic or refused to deflate. Singapore’s property, though, is in a sweet spot of affordability, making it a likely target of an investment frenzy.
Felda buys 22m FGV shares from open market
KUALA LUMPUR: The Federal Land Development Authority (Felda) bought 22 million shares of FGV Holdings Bhd from the open market on Wednesday as it moves closer to take over the plantation company.
Trading ideas: AE Multi, Dayang, HeiTech, Eco World Development, UEM Sunrise, Chin Hin
KUALA LUMPUR: Stocks to watch on Thursday include AE Multi Holdings Bhd, Dayang Enterprise Holdings Bhd, HeiTech Padu Bhd, Eco World Development Group Bhd, UEM Sunrise Bhd and Chin Hin Group Bhd, according to JF Apex Research.
Greatech buys land in Penang
GEORGE TOWN: Greatech Technology Bhd has acquired a piece of land from the Penang Development Corp for the construction of a new operational facility.
