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theedgemalaysia.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon close on Wednesday. Two showed positive momentum, while another four showed negative momentum.
MMAG Holdings Bhd (KL:MMAG) — in which two listed companies hold a more than 10% stake combined — has come out to say that it is not aware of possible explanations for the unusual market activity (UMA) involving its stock after hitting limit-down on Monday, bringing the counter to its lowest in 19 months.
Globetronics Technology Bhd (KL:GTRONIC) has proposed a bonus issue of up to 368.49 million warrants, offering one warrant for every two existing shares held.
APB Resources Bhd (KL:APB) has seen the emergence of Strategic A Holdings Sdn Bhd as its largest shareholder, following a management-led buyout at its wholly-owned subsidiary, Amalgamated Metal Corporation (M) Sdn Bhd (AMC).
NexG Bhd (KL:NEXG), formerly known as Datasonic Group Bhd, saw its share price plunge as much as 31% last Monday — its lowest in four months — after it announced that it had acquired a 32.61% stake in Classita Holdings Bhd (KL:CLASSITA) plus warrants.
NexG, which supplies passport bookl...
PULAU PINANG: Globetronics Technology Bhd (GTB), syarikat perhimpunan dan ujian semikonduktor penyumberan luar (OSAT), mencatatkan hasil stabil sebanyak RM25.7 juta bagi suku berakhir 30 Jun 2025, meningkat 3 peratus berbanding RM25.0 juta pada suku sebelumnya.