Industronics Bhd News Today

KUALA LUMPUR: Industronics Bhd's wholly-owned subsidiary Olympex Sdn Bhd has inked an agreement with China Information Technology Development (Hong Kong) Ltd (CITD) to jointly develop and market tokenised corporate bonds.

Bursa Malaysia opened marginally higher on Wednesday (Jan 25) after a long weekend, due to the Chinese New Year holidays, trading cautiously, taking its cue from US stocks, which closed little changed on Tuesday.

Theedgemarkets.com highlighted 10 stocks with momentum at Bursa Malaysia's afternoon close on Wednesday (Dec 21). Three stocks had positive momentum, while seven stocks showed negative momentum.

Bursa Malaysia opened slightly lower on Wednesday (Dec 21) despite gains on Wall Street overnight amid market jitters on interest rates, following Bank of Japan’s (BOJ) move to tighten its monetary policy, said an analyst.

Bursa Malaysia’s Technology Index climbed over 3% in Thursday’s (Dec 1) morning trade, tracking a rise in US stocks triggered by signals of a slowdown in the US interest rate hike.

KUALA LUMPUR: Industronics Bhd has entered into a memorandum of understanding with Malaysian NGV Bhd to discuss a proposal to form a consortium to build-operate-own the Kedah Aerotropolis project as an investor and master developer.

Industronics Bhd announced the resignation of its external auditor Messrs Ong & Wong Chartered Accountant, according to directions given by the Audit Oversight Board (AOB).

KUALA LUMPUR (Aug 2): Here is a brief look at some corporate announcements and news flow on Tuesday (Aug 2), which include Malaysian Genomics Resource Centre Bhd (MGRC), Majuperak Holdings Bhd, Chin Hin Group Bhd, Sapura Energy Bhd, Advancecon Holdings Bhd, Dataprep Holdings Bhd, LPI Capital Bhd, Industronics Bhd, Dagang NeXchange Bhd's (DNeX), Samaiden Group Bhd and MQ Technology Bhd.

Industronics Bhd will collaborate with China’s state-owned investment holding company to set up a local investment bank in Labuan.  In a statement, Industronics said it would work with the regulators on the necessary compliance-related issues and other required approvals

KUALA LUMPUR: Eduspec Holdings Bhd has entered into a memorandum of agreement with Industronics Bhd to set up a special purpose vehicle company to offer electronic hardware and school equipment to over 10,000 schools in Malaysia by way of instalments, leasing or rental.