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FBM KLCI slides on rising Covid fears - Vimarsana News

FBM KLCI slides on rising Covid fears

KUALA LUMPUR: The FBM KLCI continued to slide headed into midday as the rising number of Covid cases cast fears of yet another return to a movement control order. At 12.30pm, the FBM KLCI was down 8.18 points to 1,593.47, losing its grip on the 1,600 psychological resistance despite Wall Street's positive performance last week in anticipation of strong corporate earnings. Sepculation over MCO3.0 and talk of businesses once again shuttering their physical locations had investors on edge on Monday, a day after a Star report cited sources claiming another lockdown. Senior Ministe...

Central Global Berhad's Proposed Private Placement Approved by Bursa Securities - Vimarsana News

Central Global Berhad's Proposed Private Placement Approved by Bursa Securities

Central Global Berhad's Proposed Private Placement Approved by Bursa Securities Proposed private placement of up to 18 million new shares may be issued in several tranches with price-fixing dates to determine issue prices KUALA LUMPUR, Apr 23, 2021 - (ACN Newswire) - Central Global Berhad's ("CGB") proposed private placement of up to 18 million new ordinary shares has been approved by Bursa Malaysia Securities Berhad ("Bursa Securities"). CGB executive chairman Dato' Faisal Zelman CGB is a manufacturer of specialised industrial tapes and label stocks that pioneered industrial hi-temp masking...

Trading ideas: Central Global, Dynaciate Group, Transocean Holdings - Vimarsana News

Trading ideas: Central Global, Dynaciate Group, Transocean Holdings

, Magna Prima, MAHB, CMMT, according to JF Apex Research. Central Global said its unit has secured a contract worth RM100.54mil to upgrade the water supply system in Lahad Datu, Sabah, known as 'Projek Menaiktaraf Sistem Bekalan Air Di Lahad Datu Fasa 1'. Dynaciate Group plans to venture into industrial and commercial warehousing. Transocean Holdings is proposing a second share placement one day after the first proposed share placement. Transocean said the second proposed share placement of up to 10% of the existing issued shares of the company. Tropicana sold 1.85 million shares or about 0.0...

Central Global Berhad Proposes Private Placement of up to 18 Million New Shares - Vimarsana News

Central Global Berhad Proposes Private Placement of up to 18 Million New Shares

Central Global Berhad Proposes Private Placement of up to 18 Million New Shares Proceeds of private placement to be used for new machinery and construction project funding KUALA LUMPUR, Apr 5, 2021 - (ACN Newswire) - Main Market-listed Central Global Berhad (CGB) has proposed a private placement of up to 18 million new shares representing not more than 20% of the Group's total number of issued shares to qualified third-party investors to be identified at a later date. Central Global Berhad's factory in Sungai Petani, Kedah CGB is a manufacturer of specialised industrial tapes and label stocks...

Crude oil price surge pushes FBM KLCI above 1,600 - Vimarsana News

Crude oil price surge pushes FBM KLCI above 1,600

KUALA LUMPUR: Higher crude oil prices lifted sentiment on Bursa Malaysia on Friday, helping the main index to close above the 1,600-point level. At 5pm, the 30-stock index stood at 1,600.12, up 18.86 points, or 1.19%. The index opened 1.42 points higher at 1,582.68 this morning. Losers led gainers by 617 to 561, while 421 counters traded unchanged. Turnover was at 7.98 billion shares valued at RM5.15bil. Dealers said market sentiment was supported by buying in selected blue chips and the firmer regional markets. Reuters reported that oil prices jumped more than US$1 a barrel on Friday, hittin...