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theedgemarkets.com highlighted three stocks with momentum at Bursa Malaysia's noon break on Wednesday. Two stocks displayed negative momentum while one stock displayed positive momentum.
Iris Corp Bhd has called off the sale of an 80% stake in its wholly-owned Iris Information Technology Systems Sdn Bhd (IITS), the former developer of the RM1.16 billion National Integrated Immigration System (NIISe) project, for RM70 million cash.
Iris terminated the agreement after the buyer, Tass Tech Technologies Sdn Bhd (TTTSB), failed to pay the second tranche of the deal’s disposal consideration.
KUALA LUMPUR (April 12): E-government service provider Theta Edge Bhd’s share price hit limit-up on Friday and closed at its highest in nearly 30 months, making it one of the top gainers of the day across Bursa Malaysia.
SEVERAL e-government service providers’ share prices have enjoyed a good run as they secured new jobs. One name stood out, however — Theta Edge Bhd — not only because of the steep climb of its share price, but also because this small-cap company has been associated with government contracts worth...
KUALA LUMPUR (March 27): Here is the brief recap of some business news and corporate announcement that made headlines on Wednesday:
A reduction in orders from key customers in Malaysia, China and Indonesia continued to weigh on the earnings of electronic manufacturing services (EMS) pro...
Theta Edge Bhd said it has teamed up with India-based power transmission giant KEC International Ltd in bidding for Tenaga Nasional Bhd’s (TNB) future grid projects.
The information technology services provider said it inked a Memorandum of Understanding (MOU) with KEC International and its Malaysian unit KEC International (M) Sdn Bhd (KEC Malaysia) to submit a contractor prequalification assessment related to grid infrastructure work via a joint venture partnership.
The Public Accounts Committee (PAC) is set to launch an investigation into the National Integrated Immigration System (NIISe) project, its chairperson said.
MyEG Services Bhd, which emerged as a substantial shareholder in HeiTech Padu Bhd with a 14.4% stake last Monday, says its interest in the IT business solutions provider is not limited to the National Integrated Immigration System (NIISe) project — for which there is an ongoing tender.
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HeiTech Padu Bhd announced on Monday that it has secured a contract extension worth RM13.11 million for the provision of maintenance services to the Malaysian Immigration System (MyIMMs).
theedgemalaysia.com highlighted two stocks with positive momentum and eight stocks with negative momentum at Bursa Malaysia's afternoon close on Monday.