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Topmix Bhd, a surface decorative company listed on Tuesday, expects its expansion in the northern region of Peninsular Malaysia to boost its earnings growth.
The northern region, particularly Penang, has seen an influx of foreign investors, leading to higher income levels and rapid development of housing and commercial projects, which all “bode well for Topmix’s expansion plans", said managing director Teo Quek Siang.
Despite the tension in the Middle East, Keyfield International Bhd, an oil and gas services firm, said that its work orders are uninterrupted as its vessels are predominantly operating in Southeast Asia.
Bursa Malaysia remained higher at midday on Thursday, buoyed by persistent bargain-hunting in most heavyweight stocks.
At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 14.31 points or 0.93% to 1,551.32 from Wednesday’s close of 1,537.01.
ZANTAT HOLDINGS BERHAD
- Proposed Shareholders' Ratification for Recurrent Related Party Transactions of a Revenue or Trading Nature; and
- Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature