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KUALA LUMPUR, Nov 23 — Pacific & Orient Bhd (POB) and its subsidiary, Pacific & Orient Insurance Co Bhd, has disposed of an aggregate of 14 million ordinary shares in Ancom...
ANCOM Bhd is hoping to capitalise on a ban on paraquat use in Thailand and Brazil as it believes its products to be good substitutes and well accepted in those markets. After the toxic chemical was banned in Thailand and Brazil in 2020, a huge vacuum was created in the two big markets, observes Ancom group CEO Lee Cheun Wei. “Paraquat was banned in these countries because it was classified as class-1 poison. This is a favourable situation for us because we see tremendous opportunity in these replacement markets,” he tells The Edge in an interview.
KUALA LUMPUR (April 28): Ancom Bhd is offering to purchase 100% of the assets and liabilities of Nylex (M) Bhd, according to a source familiar with the plans. "Ancom has issued a letter of offer to Nylex BOD (board of directors) offering to purchase 100% of assets and liabilities of Nylex. The consideration is a mixture of various things," a source told The Edge. Both Ancom and Nylex stocks were suspended from trading this morning "pending the release of a material announcement". Prior to the latest trading suspension, the closing share price for Ancom stood at RM1.68 for a market capitalisat...
Wednesday, 28 Apr 2021 12:53 PM MYT BY JERRY CHOONG Ancom's latest closing share price stood at RM1.68 for a market capitalisation of about RM406.16 million while Nylex's latest closing share price stood at 90.5 sen for a market value of about RM162.26 million, prior to the suspension. — Picture by Azneal Ishak Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, April 28 — Ancom Berhad has offered to purchase all of Nylex (Malaysia) Berhad's assets and liabilities, increasing its stake in the company. The Edge reported a source familiar with th...
Datuk Iskandar Mizal Mahmood Media Prima Bhd Media Prima Bhd is a company many entrepreneurs would like to get a hold of, as its portfolio encompasses electronics, print, digital and out-of-home media platforms, giving anyone who controls the group unparalleled reach to the masses. This could the reason behind tycoon Tan Sri Syed Mokhtar Al-Bukhary’s emergence as a substantial shareholder in the group in 2018 after the 14th General Election. Syed Mokhtar has been known to be a close ally of former Prime Minister Tun Dr Mahathir Mohamad. Politics aside, Syed Mokhtar is no stranger to the med...