Page 8 - Engineering Sdn Bhd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

KUALA LUMPUR (Jan 15): Seacera Group Bhd is selling a 72,770 square metre land in Taiping, Perak, to AT Systematization Bhd’s glove unit for RM10.5 million. The land being sold to AT Glove Engineering Sdn Bhd was valued at RM11.7 million by an independent valuer in June 2015, Seacera said in a filing to Bursa Malaysia. “The proposed disposal is to divest some assets in raising cash to repay creditors and bank loans,” the group said, adding that the proceeds would also be used for working capital requirements.   The deal is deemed to be a related party transaction because Asiabio Capit...

KUALA LUMPUR (Jan 15): Based on corporate announcements and news flow today, stocks that may be in focus on Monday (Jan 18) include: KNM Group Bhd, Kanger International Bhd, SKP Resources Bhd, Batu Kawan Bhd, Chemical Company of Malaysia Bhd (CCM), Daya Materials Bhd, Samaiden Group Bhd, MESB Bhd, Seacera Group Bhd, AT Systemization Bhd, Notion-VTec Bhd, Tenaga Nasional Bhd (TNB), Genting Malaysia Bhd (GenM) and FGV Holdings Bhd. KNM Group Bhd plans to raise up to RM54.93 million via a private placement to pay off its bank borrowings and to fund some ongoing projects. The process equipment ma...

Electricity demand dips, renewable energy gains momentum 16 Dec 2020 / 10:41 H. Pix for representational purpose only. KUALA LUMPUR: The fallout from Covid-19 has a significant impact on electricity consumption trends in Malaysia and elsewhere as movement restrictions to stop the spread of the virus have led to sudden change of socioeconomic habits such as commuting, working and playing. At the peak of the pandemic, only essential industries were allowed to operate, even some at only 50 percent capacity, while the rest of the industries were either shutdown or adapted to remote working p...

KUALA LUMPUR (Dec 10): The FBM KLCI settled up 6.98 points or 0.42% at 1,653.51 during Bursa Malaysia's noon break today while the Technology index fell over 1% to become the top percentage decliner among bourse gauges after US-listed Facebook Inc's share price closed down 1.93% overnight on news the company is facing US government lawsuits for the alleged breach of antitrust law. Across Bursa at 12.30pm today, 4.56 billion securities were traded for RM2.55 billion. Bursa's Technology index, which tracks share prices of companies including semiconductor manufacturers, settled down 1.09% follo...