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Trading ideas: K-One, Pintaras Jaya, Parkson Holdings, Sime Darby Plantation, Eversendai
KUALA LUMPUR: Stocks to watch on Tuesday include K-One Technology Bhd, Pintaras Jaya Bhd, Parkson Holdings Bhd, Sime Darby Plantation Bhd and Eversendai Corp Bhd, according to JF Apex Research.
Farmers stage mock hanging in protest
HUNDREDS of farmers in Tamil Nadu, India, staged a mock hanging of themselves to demand the government fulfil a decades-old agreement, Makkal Osai reported.
Sime Darby Plantation sells Verdant stake
PETALING JAYA: Sime Darby Plantation Bhd’s indirect subsidiary Ultra Oleum Pte Ltd has sold its entire 52% equity interest in Verdant Bioscience Pte Ltd to SIPEF and Ackermans & van Haaren NV (AVH) for US$8.61mil (RM37.4mil) cash.
Sime Darby Plantation sells stake in Verdant Bioscience for RM37.4mil
KUALA LUMPUR: Sime Darby Plantation Bhd's indirect subsidiary Ultra Oleum Pte Ltd has sold its entire 52% equity interest in Verdant Bioscience Pte Ltd to SIPEF and Ackermans & van Haaren NV (AVH) for US$8.61mil (RM37.4mil) cash.
Three new clusters in Pahang
PETALING JAYA: Three new clusters of Covid-19 cases in Pahang have been detected, involving 15 foreign workers, says Health director-general Datuk Dr Noor Hisham Abdullah.
Three new Covid-19 clusters detected in Pahang, says Health DG
PETALING JAYA: The Health Ministry has detected three new Covid-19 clusters in Pahang, involving 15 foreign workers.
Bursa Malaysia to trade in cautious mode next week
KUALA LUMPUR: Bursa Malaysia is expected to continue trading in a cautious mode next week as market sentiment will be largely influenced by external factors, especially the ongoing United States-China tensions. The ongoing trade war would be the major catalysts for global equity markets next week.
Sugar producer MSM eyes profitability from rationalisation plan
THE country’s biggest refined sugar producer, which has been loss-making for six consecutive quarters and beset by overcapacity, is confident that the light at the end of the tunnel is turning brighter.
‘Malaysian stocks entering bull territory’
PETALING JAYA: Bursa Malaysia broke records as trading value rose to a high of RM9.3bil. Trading volume appeared to be on the medium to large-capitalised shares this time around at 9.04 billion shares.
Hap Seng 1Q net profit slightly higher at RM160.3m
KUALA LUMPUR: Hap Seng Consolidated Bhd's net profit profit rose by 1.5% to RM160.37mil in the first quarter ended March 31,2020 from RM157.98mil a year ago due to better results from the property and credit financing divisions.