Page 2 - Ancom Bhd News Today

KUALA LUMPUR, Oct 26 — Ancom Bhd said its shareholders have agreed to its proposal to fully acquire Nylex (Malaysia) Bhd for RM179.3 million, during an extraordinary general meeting today. The acquisition will include a net payment of RM96.7 million in order for Ancom to acquire the remainder of...

Ancom, Nylex down on proposed acquisition of latters assets, liabilities The Edge 5 hrs ago Chong Jin Hun © Provided by The Edge KUALA LUMPUR (April 30): Share prices of Ancom Bhd and 50.27%-owned associate Nylex (Malaysia) Bhd fell in morning trade on Bursa Malaysia today after Ancom announced on Wednesday its proposed acquisition of Nylex’s assets and liabilities for RM179.29 million or RM1 a share. At the time of writing today, Ancom Bhd’s share price had fallen two ...

KUALA LUMPUR (April 28): Ancom Bhd is offering to purchase 100% of the assets and liabilities of Nylex (M) Bhd, according to a source familiar with the plans. "Ancom has issued a letter of offer to Nylex BOD (board of directors) offering to purchase 100% of assets and liabilities of Nylex. The consideration is a mixture of various things," a source told The Edge. Both Ancom and Nylex stocks were suspended from trading this morning "pending the release of a material announcement". Prior to the l...

KUALA LUMPUR (April 28): Ancom Bhd has proposed to acquire all the assets and liabilities of Nylex (Malaysia) Bhd for RM179.3 million. It has submitted a formal offer to the board of Nylex on the matter, the agricultural and industrial chemicals manufacturer said in a statement today, confirming a report by theedgemarkets.com earlier in the day. "As Ancom currently holds approximately 50.3% in Nylex, this will be set off against its entitlement under the proposed distribution. "Accordingly the ...

Wednesday, 28 Apr 2021 09:46 PM MYT KUALA LUMPUR, April 28 — Leading manufacturer and supplier of agricultural and industrial chemicals in South-east Asia, Ancom Bhd has proposed to acquire all the assets and liabilities of Nylex (M) Bhd for RM179.3 million, translating into RM1.00 per Nylex share. In a statement today, the company said it represents a healthy premium over the last transacted price and volume weighted average market price (VWAMP) of Nylex shares up to and including April 27, ...

The stocks that indicated positive momentum were: Complete Logistic Services Bhd – down six sen to RM1.27 Techna-X Bhd – up 2.5 sen to 20.5 sen The stocks that indicated negative momentum were: Aeon Co (M) Bhd – up six sen to RM1.19 Ancom Bhd – up eight sen to RM1.31 Amanahraya Real Estate Investment Trust – down 0.5 sen to 66 sen Avillion Bhd – up 0.5 sen to eight sen Country Heights Holdings Bhd – down one sen to RM1.45 CSC Steel Holdings Bhd – up eight sen to RM1.41 Only Worl...

PACIFIC & Orient Bhd (P&O) may be widely known as one of the country’s largest general insurers, but not many know there is a lot more to the group. It has a mere RM226 million in market capitalisation, and P&O managing director and CEO Chan Thye Seng believes his company’s shares are underappreciated. “The market cap of P&O is very small. Our shares are deeply undervalued, if you analyse the investments and asset value that we have in the listed company and non-listed companies. And that...

Datuk Iskandar Mizal Mahmood Media Prima Bhd Media Prima Bhd is a company many entrepreneurs would like to get a hold of, as its portfolio encompasses electronics, print, digital and out-of-home media platforms, giving anyone who controls the group unparalleled reach to the masses. This could the reason behind tycoon Tan Sri Syed Mokhtar Al-Bukhary’s emergence as a substantial shareholder in the group in 2018 after the 14th General Election. Syed Mokhtar has been known to be a close ally of f...