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Green Ocean’s share placement plan lapses
KUALA LUMPUR: Green Ocean Corporation Bhd’s proposed private placement of up to 10% of its issued shares or 28.97 million new shares at 18.5 sen each has lapsed.
Trading ideas: Kossan, Alam Maritim, DRB-Hicom, Hartalega
KUALA LUMPUR: Stocks to watch on Wednesday include Kossan Rubber Industries Bhd, Green Ocean Corp Bhd, AT Systematization Bhd, Alam Maritim Resources Bhd, DRB-Hicom and Hartalega Holdings Bhd, according to JF Apex Research.
Aemulus plans to raise funds
PETALING JAYA: Semiconductor test solutions firm Aemulus Holdings Bhd has proposed a private placement to raise up to RM23.62mil, which will mainly go towards new business investments, research and development (R&D) activities, and repayment of bank borrowings.
ManagePay CEO welcomes new strategic partner
Fund-raising to strengthen its financial technologies
DNex proposes private placement
PETALING JAYA: Dagang Nexchange Bhd (DNex) has proposed to undertake a private placement of up to 20% of the total number of issued shares to raise up to RM109.1mil for future investment, partial repayment of bank borrowings and working capital.
DNeX proposes private placement exercise
KUALA LUMPUR: Dagang Nexchange Bhd (DNeX) is planning to raise as much as RM109mil by selling new shares, with the bulk of the proceeds earmarked for new investment.
Chinese EV maker Li Auto to raise up to US$950m
HONG KONG: Chinese electric vehicle maker Li Auto Inc, backed by food delivery giant Meituan Dianping, has launched an initial public offering of up to $950 million, in one of the biggest U.S. listings by Chinese companies this year.
Trading ideas: Ranhill Utilities, Opcom, Willowglen, Nexgram, Prestariang
KUALA LUMPUR: Stocks to watch on Friday include Ranhill Utilities Bhd, Opcom Holdings Bhd, Willowglen MSC Bhd, Nexgram Holdings Bhd, Prestariang Bhd and MTouche Technology Bhd, according to JF Apex Research.
BioAlpha surges with record 2.2b shares done
KUALA LUMPUR: Integrated health supplement company BioAlpha Holdings Bhd's share price and warrants surged in very heavy trade on Thursday after it secured a RM2.1bil health food contract.
Ocean Vantage confident on expansion plans
KUALA LUMPUR: Despite the flux in oil prices and upheavals in the first half of the year, Ocean Vantage Holdings Bhd managing director Kenny Ronald Ngalin and executive director Stephen Yau Kah Tak are confident that the group’s expansion plans will proceed as planned over the next two years.
