Notable filings Notable shareholder changes at Bursa Malaysia-listed companies for the week of April 4 to 8 include those at timber manufacturer NWP Holdings Bhd. Datuk Chang Huan Soon ceased to be a substantial shareholder of the company after selling 900,000 shares, or a 0.17% stake, in a series of disposals since March 5, 2021. Chang surfaced as a substantial shareholder in NWP on July 16, 2020, after acquiring 34.99 million shares, or an 8.11% stake, in the company.
Based on corporate announcements and news flow on Thursday, companies in focus on Friday (Oct 8) may include Malayan Banking Bhd (Maybank), Tenaga Nasional Bhd, Crest Builder Holdings Bhd, UEM Sunrise Bhd, Ireka Corp Bhd, BIMB Holdings Bhd, Syarikat Takaful Malaysia Keluarga Bhd, Fast Energy Holdings Bhd and Dynaciate Group Bhd.
KUALA LUMPUR (March 17): theedgemarkets.com
highlighted 12 stocks with momentum at Bursa Malaysia’s afternoon close today. Only one stock displayed positive momentum, while 11 showed negative momentum.
The stock with positive momentum was:
WZ Satu Bhd up 1.5 sen at 23.5 sen
The stocks with negative momentum were:
Al-Salam Real Estate Investment Trust (REIT) unchanged at 60.5 sen
Barakah Offshore Petroleum Bhd up four sen at 11.5 sen
Compugates Holdings Bhd unchanged at three sen
Dynaciate Group Bhd up half a sen at 15.5 sen
Lotus KFM Bhd up three sen at 29 sen
MNRB Holdings Bhd up nine sen at RM1.42
Multi-Usage Holdings Bhd up 17 sen at 66.5 sen
Bursa Malaysia continued its upward momentum to open higher today, tracking the performance of stronger US equities overnight with the Nasdaq rallied to recoup previous session losses as US bond yields retreated.