Trading ideas: Public Bank, TMV, Mulpha, Central, Uzma, Binasat, Focus, UEM Sunrise, Sentoria, Enproserve, Apollo

TheStar Thu, Dec 05, 2024 07:44am - 1 year View Original


KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Public Bank Bhd has completed the acquisition of 175.9mn shares, representing a 44.2% stake in insurer LPI Capital Bhd on Wednesday.

TMC Life Sciences Bhd said its suspended CEO, Wan Nadiah Wan Mohd Abdullah Yaakob, has been found guilty of misconduct following a domestic inquiry.

Mulpha International Bhd has proposed to buy a 6.46-hectare land in New South Wales state for A$68.1mn and intends to develop the property into 63 residential land lots with a projected gross development value of A$150.0mn.

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