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Vsolar Group Bhd’s balance sheet as at Dec 31, 2023 did not indicate any urgency to raise fresh funds given that it had net cash of RM25 million and zero debt.
KUALA LUMPUR: Bursa Malaysia companies with recent developments include Chin Hin, Farm Fresh, UEM Edgenta, KLCC, MMAG, TDM, Mah Sing, Haily and Fast Energy, said Apex Securities Research.
Loss-making oil bunkering services provider Fast Energy Holdings Berhad has emerged as a substantial shareholder in Vsolar Group Bhd after subscribing to 140 million shares in Vsolar’s rights issue exercise for RM14 million, or 10 sen apiece.
While some countries or cities battle more pressing matters such as poverty, corruption and climate change, restoring and conserving buildings or parts of a neighbourhood may seem unnecessary as millions of dollars have to be spent. But the reality of it is far more complex as the benefits of res...
Shipping and logistics stocks were the most actively traded on Tuesday morning due to the potential for increased freight rates amidst the Red Sea crisis, which has disrupted global logistics following Houthi rebel attacks on shipping liners.
KUALA LUMPUR (Jan 15): theedgemalaysia.com highlighted one stock with positive momentum and six stocks with negative momentum at Bursa Malaysia's afternoon close on Monday.
Bursa Malaysia moved higher at mid-morning on Monday, tracking its regional peers amid positive sentiment.
At 11.11am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.78 points to 1,495.12 from last Friday's close of 1,487.34.
Bursa Malaysia continued its positive tone from last Friday (Jan 12), opening higher on Monday despite Wall Street's flattish tone last week.
The US stock market closed barely changed as mixed bank earnings offset cooler-than-expected inflation news that buoyed hopes for interest rate cuts by the US Federal Reserve, a dealer said.
KUALA LUMPUR (Jan 2): Here is a brief recap of some corporate announcements that made the news on Tuesday:
Sunview Group Bhd has via its wholly-owned Fabulous Sunview Sdn Bhd inked a Memorandum of Understanding (MOU) with Saudi Arabia-based Vision Ambassadors Company fo...
Bursa Malaysia closed marginally lower on Tuesday, the first trading day of the year, due to a lack of buying interest amid subdued market performance across the region, said a dealer.
Loss-making oil bunkering services provider Fast Energy Holdings Bhd shot up to a near one-year high on the first trading day of the year as the ACE Market-listed stock surged as much as 65% in early trade, before paring gains.
Bursa Malaysia remained easier at midday on Tuesday on continued selling activities in most heavyweights amid the lower close on Wall Street.
At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 0.46% or 6.77 points to 1,447.89 from last Friday's close of 1,454.66.