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Nestle Malaysia rises on ice cream business sale talk

KUALA LUMPUR: Nestle (Malaysia) Bhd emerged as the top gainer in early trade on Friday following plans to explore the potential sale of its ice cream business to Froneri, a global ice cream firm active in more than 20 countries.

Duopharma Biotech shares up after securing RM52.54mil LOA

KUALA LUMPUR: Duopharma Biotech Bhd's shares rose during the early trading session today, after its unit received a letter of award (LOA) from the government for the supply of medical products worth RM52.54 million.

Hock Soon Capital falls 7c below IPO on debut

KUALA LUMPUR: Hock Soon Capital Bhd made a subdued debut on Bursa Malaysia's Main Market, opening at 53 sen, 7 sen below its initial public offering (IPO) price of 60 sen, amid weaker-than-expected investor demand.

Kee Ming's share price soars to 89 sen on ACE Market debut

KUALA LUMPUR: Kee Ming Group Bhd's share price more than doubled to an intramorning high of 89 sen a share as it made its debut on the ACE Market of Bursa Malaysia.

Maybank shares up following launch of new five-year strategy

KUALA LUMPUR: Malayan Banking Bhd's (Maybank) shares were up in early trade, following its newly-launched ROAR30 five-year strategy plan (2026-2030), targeting to deliver a stronger return on equity (ROE) of 13 per cent-14 per cent by 2030.

IJM tumbles 5%, short selling suspended amid MACC probe

KUALA LUMPUR: Shares of IJM Corporation Bhd extended losses in afternoon trading, falling 5% or 14 sen to RM2.66 as at 4.09 pm, with 90.42 mil shares changing hands.

Bursa Malaysia suspends short-selling of SMRT due to price limit breach

KUALA LUMPUR: Bursa Malaysia has suspended intraday short-selling (IDSS) on SMRT Holdings Bhd until 8.30 am tomorrow after the stock breached the price limit.

SMRT's share price dives on sharp earnings downgrade

KUALA LUMPUR: The day's most actively traded counter, SMRT Holdings Bhd, saw intense selling pressure with traders marking down its share price by 56% as the market halted for the midday lunch break.

Semico Capital achieves 80% premium over IPO price, raises RM23.2mil

KUALA LUMPUR: Semico Capital Bhd made a strong debut on the ACE Market of Bursa Malaysia today as it opened at 45 sen, achieving a premium of 80 per cent over its initial public offering (IPO) price of 25 sen per share.

Analysts upbeat on MN Holdings after TNB submarine cable award

KUALA LUMPUR: MN Holdings Bhd advanced in early trade on Tuesday after its consortium secured a submarine power cable upgrade contract from Tenaga Nasional Bhd (TNB).