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CHEAH’S wealth is derived from a direct 9.3% in Value Partners Group, and an indirect 21.8% via Cheah Capital Management Inc. Value Partners is listed on the Hong Kong stock exchange.
FOR the first time in five years, the 40 wealthiest Malaysians saw their wealth decline. The total wealth of the top-40 Malaysians based on their shareholdings in listed companies dropped by RM22.4bil to RM268.1bil as of end-2018.
KUALA LUMPUR: JF Apex Research expects Boustead Holdings Bhd, Eversendai Corp Bhd, Texchem Resources Bhd, Asdion Bhd and Selangor Properties Bhd to be among the stocks to watch on Monday following their latest corporate news.
KUALA LUMPUR (March 18): The FBM KLCI is seen starting the week on a positive note today, in line with the gains at most global markets last Friday, with immediate support at the 1,680-level.
A gauge of global equity markets hit ...
KUALA LUMPUR (March 15): Based on corporate newsflow and announcements today, stocks in focus on Monday (March 18) may include: Asdion Bhd, Boustead Holdings Bhd, Boustead Heavy Industries Corporation Bhd, Country Heights Bhd, Eversendai Corporation Bhd, Pestech International Bhd, Selangor Properties Bhd ...
KUALA LUMPUR (March 15): Selangor Properties Bhd, whose controlling shareholder is in the midst of taking it private at RM6.30 per share, announced that it posted a net profit of RM23.04 million in the first quarter ended Jan 31, 2019 (1QFY2019) compared to ...
KUALA LUMPUR: Selangor Properties Bhd (SPB) has received the go-ahead from shareholders for it to be taken private, after approving the selective capital reduction (SCR) and repayment exercise launched by the Wen family, who owns a 68.23% stake in the company.
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KUALA LUMPUR (Feb 14): Selangor Properties Bhd (SPB) said today shareholders have approved the proposed selective capital reduction and repayment (SCR) in the company after the majority of them voted for the resolution to privatise the group.
SPB said in a ...