Page 3 - Industronics Bhd News Today

KUALA LUMPUR (Feb 23): The main index at Bursa Malaysia pared some of its gains at mid-morning today, as regional markets dipped. At 10.10am, the FBM KLCI was up 4.51 points to 1,574.97. The index had earlier risen to a high of 1,580.68. Gainers led losers by 455 to 392, while 444 counters traded unchanged. Trading volume was 3.62 billion shares valued at RM1.49 billion. The top gainer was newly-listed Mobilia Holdings Bhd, Panasonic Manufacturing Malaysia Bhd, Pimpinan Ehsan Bhd, Heineken Mala...

ASIA Media Group (AMG) is likely to be in the spotlight for the near term, with the appointment of legal advisers and forensic auditors at the company. According to AMG’s announcement to Bursa Malaysia, it had appointed law firm Krish Maniam & Co “to investigate the possibility of losses caused by certain individuals with decision-making powers prior to the entry of the current board of directors. Essentially, the review is linked to the write-downs and depreciation of the company’s asset...