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Tongkah, Wembley shares plunge on suspension news
Shares in both Tongkah Holdings Bhd and Wembley Industries Holdings Bhd took a beating yesterday following news the two PN4 companies' securities, together with those of UCP Resources Bhd, would be suspended from trading from Jan 10.
Moment of truth for rubber industry
IT WILL soon be time for speculation to yield completely to reality. At least, this is the case for those who have taken part in the share market whirl #8211; the so-called I>Reactorrim /I>play #8211; that has lifted the prices of several counters following announcements of joint ventures (JVs) to consolidate rubber smallholdings.
NOL shares sink after CEO quits abruptly
Shares in Neptune Orient Lines Ltd (NOL) sank as much as 7% yesterday after the abrupt departure of its chief executive a day earlier.
Urgent remedy for Actacorp
The recent restructuring scheme is expected to bear fruit as the new company would have a steady flow of income from PSC Asset Holdings' 21-storey, Menara PSCI in Penang.
Investors see Tanjong as safe bet
TANJONG plc has been consistently ranked among the best-managed companies with the highest corporate governance standards in Asia by various investment research houses and fund managers.
Sateras – long on promise but short on delivery
READING Sateras Resources (M) Bhd chairman#039;s annual statements through the early 1990s, one could be forgiven for thinking this company was an emerging Third World General Electric.
Sapura's long search is finally over
SAPURA Telecommunications Bhd's (Sapura) search for a meaningful core business is finally over with its recent acquisition of a 38.56 per cent stake in Crest Petroleum Bhd, a company whose mainstay is in offshore drilling, marine installations and marine construction.
Over-reliance hurts Berjuntai
THE tale of Berjuntai Tin Dredging Bhd is one of over-reliance on one core ailing industry and unsuccessful diversification despite various attempts.
Clear air but turbulent weather
LAST week, Malaysia Airports Holding Bhd revealed that passenger numbers in Kuala Lumpur International Airport grew by 12.3 per cent. Quite an #8220;outstanding achievement#8221; on the back of challenging times in the aviation industry.
