Page 2 - Engineering Bhd News Today

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 thr...

KUALA LUMPUR (March 5): Bursa Malaysia ended the morning session mixed, with the key index rising 0.24%, lifted by selected heavyweights including banking stocks after Bank Negara Malaysia (BNM) decided to maintain the overnight policy rate (OPR) at 1.75% yesterday.    At 12.30pm, the benchmark FBM KLCI had increased 3.81 points to 1,585.07 from yesterday’s close at 1,581,26.  The index moved between 1,579.74 and 1,587.97 throughout the morning trading session. Market breadth was neg...

KUALA LUMPUR (March 5): The FBM KLCI bucked the regional trend to close higher, boosted by the positive performance of banking stocks and a rebound in glove counters. The index was back above the 1,600 mark, closing at 1,600.12 for a gain of 18.86 points or 1.19% from yesterday. Rakuten Trade Research head of equity sales Vincent Lau said market sentiment was buoyed by buying interest in banking stocks. Sentiment was also lifted by bargain hunting among rubber glove stocks after the selldown ye...

KUALA LUMPUR (March 2): Loss-making TH Heavy Engineering Bhd (THHE) said the settlement amount agreed between the group and PTTEP Sarawak Oil Ltd (formerly known as Murphy Sarawak Oil Co Ltd) was about RM16 million. In a filing with Bursa Malaysia, THHE clarified that the amount owing by PTTEP to THHEs wholly-owned unit THHE Fabricators Sdn Bhd as at Dec 31, 2019 was about RM38 million. "The settlement amount agreed between both parties through the settlement agreement is approximately RM16 mil...

KUALA LUMPUR (March 2): Based on corporate announcements and news flow today, companies in focus on Wednesday (March 3) may include Tenaga Nasional Bhd (TNB), UWC Bhd, Grand-Flo Bhd, CB Industrial Product Holdings Bhd  (CBIP), Advancecon Holdings Bhd, TH Heavy Engineering Bhd (THHE), Techfast Holdings Bhd, Kanger Holdings Bhd and Mieco Chipboard Bhd. Tenaga Nasional Bhd ( TNB) via wholly-owned subsidiary TNB Renewables Sdn Bhd has entered into a binding term sheet of collaboration with Singa...