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Stocks on Bursa Malaysia ticked higher and kept the FBM KLCI on course for its best close since early June 2022.
At the midday break on Friday, the benchmark index had gained 0.06% or 0.99 point to 1,546.48. The index earlier rose to a high of 1,551.15.
Stocks on Bursa Malaysia climbed higher in line with regional gains.
At 9.30am on Friday, the FBM KLCI had added 0.21% or 3.20 points to 1,548.69. It opened higher at 1,546.35.
In 2016, Yeoh Jin Hoe realised a substantial amount of his investment in mattress manufacturer King Koil, when he divested a 60% stake to Kumpulan Perangsang Selangor Bhd (KPS) for RM115.93 million.
KUALA LUMPUR (Dec 1): Dutaland Bhd has appointed the 13th chief justice of Malaysia, Tun Ariffin Zakaria as its new chairman, effective immediately.
Ariffin was chief justice from Sept 2011 to March 2017.
In a local exchange filing on Friday, the property developer said A...
Box-Pak (Malaysia) Bhd said its president cum chief executive officer and executive director Chee Khay Leong is retiring after having served the company for more than a decade.
THE pace at which the earnings of companies on Bursa Malaysia are recovering differs from one company to another. How quickly they return to the black depends very much on the financials, asset quality and cycle of a particular industry. ...
KUALA LUMPUR (Jan 13): Malaysian Bulk Carriers Bhd (Maybulk) executive director and EonMetall Group Bhd founder Goh Cheng Huat has become the largest shareholder of the dry bulk carrier operator after he acquired a further 10% equity interest, raising his stake in ...
KUALA LUMPUR (Nov 25): The FBM KLCI fell 1% in the mid-morning on Friday (Nov 25) as profit-taking activities erased gains from a day earlier, as the euphoria over the appointment of Datuk Seri Anwar Ibrahim as the 10th prime minister of Malaysia ...
Notable filingsMynews Holdings Bhd saw Abrdn plc cease to be a substantial shareholder after the Edinburgh-based investment fund management company disposed of 33.95 million shares, or 4.98% of the issued shares of the retailer, on Sept 23, according to the company’s Bursa ...
THE receivables of a high number of companies are on the climb and at a pace faster than their sales growth.According to Bloomberg data compiled by The Edge, 57% of 850 Bursa Malaysia-listed companies have seen higher receivables-to-sales ratios this year ...
KUALA LUMPUR (Aug 25): Can-One Bhd’s net profit fell 16.58% to RM40.73 million in the second quarter ended June 30, 2022 (2QFY22) from RM48.83 million in the same period last year, mainly on lower contribution from its general packaging division.The group is ...
KUALA LUMPUR (August 16): RHB Retail Research said Can-One Bhd is poised to extend its northbound journey after it broke past the RM3.78 immediate resistance with high trading volume.
In a trading stocks note today, the research house said the stock ...