Flo Bhd News Today

BASED on data compiled by The Edge, 175 companies — or 19% of the 923 companies listed on Bursa Malaysia’s Main Market and ACE Market — have successfully raised a total of RM8.1 billion from their private placements this year, the largest in Malaysia’s history. The private placements alone exceeded the total secondary fundraising of RM8 billion in 2020.

KUALA LUMPUR (July 11): Grand-Flo Bhd has changed its name to NCT Alliance Bhd. Executive chairman and group managing director Datuk Seri Yap Ngan Choy said the new corporate name is in line with the group’s aspiration to position NCT Alliance as a leading property developer with specialisation in the rehabilitation of abandoned projects.  "It marks a new beginning for us as we leverage on our core capabilities in the property sector. “The recent acquisition is the first step towards becom...

Bursa Malaysia rebounded from last week's losses to open firmer today as investors heaved a sigh of relief after learning that most businesses and factories are allowed to operate under the tightened movement control order (MCO 3.0).

KUALA LUMPUR (March 6): As the penny stock fever cools, trading interest appears to have shifted to small- and mid-cap companies, with more share price spikes seen across this segment recently. One company whose shares were among the most sought after this week was loss-making IT company Dataprep Holdings Bhd. Over the week, Dataprep shares jumped 92.79% or RM1.03 to emerge as the top gainer in percentage change, being only second behind Malaysia Pacific Industries Bhd (MPI) in terms of week...

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...

KUALA LUMPUR (March 2): Grand-Flo Bhd is planning to buy two properties in Genting Highlands — the land and project development rights of an ongoing mixed development known as Grand Ion Majestic (GIM), and the adjacent serviced apartments and commercial lots of a completed project known as Grand Ion delemen (GID) — for RM422.89 million. It is buying the properties from Galeri Tropika Sdn Bhd (GTSB), which is majority owned by NCT Building & Civil Engineering Sdn Bhd (NCT BCE), a wholly-owne...

KUALA LUMPUR (Feb 8): RHB Retail Research said Grand-Flo Bhd is attempting to break out from the immediate resistance level of 34 sen. In a trading stocks note today, the research house said as the trading volume has been increasing lately, this indicates that the bullish momentum is picking up pace. “If the breakout is successful, we expect the stock to reach the next resistance level of 36 sen, followed by 39 sen. “A downside breach of the 31 sen support level would nullify this expectatio...