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KUALA LUMPUR: Businessman Datuk Siew Mun Chuang has surfaced as a substantial shareholder of Scomi Group Bhd, controlling almost 62.5 million shares or about 5.3% equity interest in the oil and gas company, after acquisition on the open market. Siew acquired a chunk of shares on Aug 28, making him a substantial shareholder, according to a filing with Bursa Malaysia yesterday. Siew is managing director of the Oriental Group of Restaurants. He holds stakes in many companies which are linked to Tan Sri Abu Sahid Mohamed of the Maju group fame. According to Bloomberg, Siew has about 8.4% in Australia-listed Avalon Minerals Ltd, and is deputy chairman of the mineral exploration company. The largest shareholder of the company is Abu Sahid, who has about 15% stake. Siew is an independent and non-executive director of building materials manufacturer Ipmuda Bhd and has about 4.16% equity interest. Abu Sahid holds 8.9% and his Maju group has about 22% in Ipmuda. Siew is also an independent non-e ....
IPMUDA Bhd, which will be known as Jentayu Sustainables Bhd with effect from Jan 10 next year, aims to be a pure renewable energy (RE) play in three years, with a slew of RE projects in the pipeline primarily in Sabah. ....
Newsbreak: MAHB shortlists candidates for Covid-19 screening and testing at airports theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (Dec 11): Based on corporate announcements and news flow today, stocks in focus for Monday (Dec 14) may include: IHH Healthcare Bhd, Bursa Malaysia Bhd, Guocoland (Malaysia) Bhd, JHM Consolidation Bhd, Ipmuda Bhd, Ekovest Bhd and PLS Plantation Bhd.
IHH Healthcare Bhd said it is ready to administer the coronavirus vaccine, once they are rolled out in the 10 countries it operates in. Its managing director and CEO Dr Kelvin Loh Chi-Keon said the company has a trained staff count of 55,000 across 80 hospitals it runs from Turkey to Singapore, as well as cold-storage facilities required to store the shots. Bursa Malaysia Bhd s Bursa Malaysia Derivatives (BMD) said it will relaunch the Mini FTSE Bursa Malaysia Mid 70 Index Futures (FM70) contract, which will incorporate several amendments to the contract specifications. ....