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KUALA LUMPUR (March 2): MSM Malaysia Holdings Bhd’s share price continues to be on an upward trend after the sugar refiner announced its quarterly financial results that showed a net profit of RM56.24 million in the fourth quarter ended Dec 31, 2020 (4QFY20).
As at the lunch break, MSM closed at RM1.34, up six sen or 4.7%, with 59.3 million shares traded. The stock hit an intra-day high of RM1.49.
At this share price, the country’s largest sugar refiner is currently valued at RM977.14 million.
The stock is currently trading at more than a year’s high, after its share price more than doubled from 56 sen last week following the posting of its financial results on Thursday.
KUALA LUMPUR: The Federal Land Development Authority (Felda) has extended its offer period to March 15, 2021 in obtaining the 90 per cent of shares of.
KUALA LUMPUR (Feb 25): The Federal Land Development Authority (Felda) has raised its equity interest in FGV Holdings Bhd to 2.78 billion shares or a 76.32% stake, via its takeover offer. Felda and persons acting in concert with it (PACs) have received valid acceptances for another 821.11 million shares or 22.51% stake in FGV as of today, according to a statement issued on behalf of Felda.
KUALA LUMPUR (Feb 25): Based on corporate announcements and news flow today, companies in focus tomorrow (Feb 26) may include: Axiata Group Bhd, Genting Bhd, Genting Malaysia Bhd, UMW Holdings Bhd, Axiata Group Bhd, Malayan Banking Bhd, Public Bank Bhd, Sime Darby Bhd, Sime Darby Property Bhd, Unisem (M) Bhd, Kerjaya Prospek Group Bhd, S P Setia Bhd, MSM Malaysia Holdings Bhd, Matrix Concepts Holdings Bhd, Dutch Lady Milk Industries Bhd, TSH Resources Bhd, Dagang NeXchange Bhd, Malaysia Building Society Bhd, Malaysian Pacific Industries Bhd, IJM Plantations Bhd, PPB Group Bhd, Kenanga Investment Bank Bhd, Malaysian Resources Corp Bhd, Media Chinese International Ltd, Media Prima Bhd, YTL Corp Bhd, Mah Sing Group Bhd, FGV Holdings Bhd and VS Industry Bhd.