The outcome of the shareholders meeting of South Malaysia Industries Bhd (SMI) seems to suggest that the existing board and management do not seem to have complete control over the company.

One of the parties seeking to wrest control of South Malaysia Industries Bhd (SMI) has made an eleventh hour attempt to postpone SMI's annual general meeting scheduled for Wednesday. Honsin Apparel Sdn Bhd had on Monday served SMI with an originating summons together with a notice of application for an interlocutory injunction, according to SMI's bourse filing, adding that the matter has been fixed for hearing on Wednesday.

The board agreed with the company’s legal counsels that it would be best for the company to maintain its status quo and let the court make a decision before the company” moves ahead with the proposals, SMI said. KUALA LUMPUR (March 21): South Malaysi...

South Malaysia Industries Bhd (SMI) has decided against tabling Datuk Au Yee Boon-related company Honsin Apparel Sdn Bhd’s resolutions to appoint two new directors at the group’s annual general meeting next week.

The board of directors of South Malaysia Industries Bhd (SMI), who held an emergency meeting on Monday to deliberate on the notices it received from two of its shareholders — Techbase Industries Bhd's unit and Chong Fu Shen — to appoint new directors to the board, said a substantial shareholder has objected to their intention to make said appointments.

South Malaysia Industries Bhd (SMI) has filed a judicial review against the Securities Commission Malaysia (SC) to compel the capital markets regulator to come up with a decision on a complaint it made nearly a year ago.

South Malaysia Industries Bhd (SMI) is seeing signs of renewed clashes between two groups of shareholders seeking to take control of the company in its upcoming annual general meeting (AGM) scheduled on March 27.

The emergence of new shareholders in companies never fails to excite the market. This year, several shareholder changes left the market wondering why they were made as well as what the new players would do next at these companies.   &n...

Two subsidiaries of Prolexus Bhd, who collectively own 10.01% in South Malaysia Industries Bhd (SMI), are suing SMI and its board of directors for allegedly violating their rights as shareholders after SMI sought for more time to hold its annual general meeting.

黄添财（左起）、洪心仁、李国雄、慕斯达法、梅嘉纳慕丁、王志群、潘家盛和姚文顺为Mahogany Residences主持封顶仪式。（哥打白沙罗6日讯）亚太控股（ASIAPAC，4057，主板产业股）位于哥打白沙罗的31层共管公寓Mahogany Residences完成封顶仪式，标志着该集团成功达成...

（吉隆坡10日讯）马来西亚证券监督委员会正在调查南马工业（South Malaysia Industries Bhd）的投诉，指控一致行动各方违反了2007年资本市场和服务法令（CMSA），在没有作出强制性全面献购（MGO）的情况下积累股份。证监会告诉The Edge：“证监会已收到南马工业的投诉，...

KUALA LUMPUR (April 10): The Securities Commission Malaysia (SC) said it is looking into a complaint filed by South Malaysia Industries Bhd (SMI), in which the group accused that some parties acting in concert violated the Capital Markets and Services Act 2007 (...

（吉隆坡4日讯）宝翔控股（PRLEXUS,8966,主板消费产品服务组）否认违反2007年资本市场和服务法令（CMSA），并拒绝南马工业（SMI,4375,主板产业组）要求，以展开强制性全面献购（MGO）未持有的股权。 随着南马工业周二发出文告指出，公司向大马证券监督委员会投诉，称超过20家公司和个人联手的“同伙”，在未提出强制性全面献购的情况下持有公司超过33％股权，违反2007年资本市场和服务...

KUALA LUMPUR (April 4): South Malaysia Industries Bhd (SMI) has lodged a complaint with the Securities Commission Malaysia (SC), alleging that over 20 parties comprising companies and individuals acting in concert have accumulated more than 33% equity stake without making a mandatory general ...

KUALA LUMPUR (March 15): South Malaysia Industries Bhd (SMI) has gone to court for a declaration that the extraordinary general meeting (EGM) scheduled for March 24 proposed by two of its shareholders is unlawful and unconstitutional.The EGM, requested by Honsin Apparel ...

KUALA LUMPUR (Feb 15): Property developer and car park manager South Malaysia Industries Bhd (SMI), whose share price rose 29% on Wednesday (Feb 15), said it is not aware of any corporate development, rumour or report that may have triggered the jump.“The ...

Overall house prices consolidated during the quarter under review, says Savills Malaysia associate director of research and consultancy Fong Kean Hwa when presenting The Edge | Savills Klang Valley High-Rise Residential Property Monitor for 3Q2022.The average asking price in prime ...

KUALA LUMPUR, Dec 21 (Bernama) -- The Malaysia Global Business Forum (MGBF) expects the political stability in Malaysia to usher in a new era for business.Founding chairman Nordin Abdullah said the first thing that political stability does is that it ...

The Klang Valley housing market remained slow in the second quarter of this year, but demand has picked up, says Savills associate director of research and consultancy Fong Kean Hwa when presenting The Edge | Savills Klang Valley High-Rise Residential Property ...

KUALA LUMPUR (Sept 19): theedgemarkets.com highlighted six stocks at Bursa Malaysia's afternoon close on Monday (Sept 19).Two stocks had positive momentum and four had negative momentum.The stocks with positive momentum were:Asian Pac Holdings Bhd — down half a sen ...