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Metal frame maker Econframe unfazed by recession fears, on the lookout for partnerships

ECONFRAME Bhd, which debuted on the ACE Market of Bursa Malaysia in October 2020, is on the prowl for business partners that can help broaden its offerings. “When the markets started to open last year, it was a good time for us to look into acquisitions. We are unfazed by [concerns of a] recession because the property upgrade market is ever present. Companies like Sime Darby [Property Bhd] and Mah Sing [Group Bhd] will continue to launch, and their sales figures are good,” Econframe managing director Lim Chin Horng tells The Edge.

Melaka , Malaysia , Seremban , Negeri-sembilan , Sdn-bhd , Chin-horng , Choo-meng , Hextar-holdings-sdn-bhd , Sime-darby , Jc-senco-realty-sdn-bhd , Corp-bhd , Jc-jaya-realty-sdn-bhd

Hextar Industries Bhd to acquire entire equity in Hextar Fertilizers Ltd for RM480m

Hextar Industries Bhd to acquire entire equity in Hextar Fertilizers Ltd for RM480m
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Bursa , Turkey , Kuala-lumpur , Malaysia , Hextar-holdings-sdn-bhd , Hextar-fertilizers-ltd , Hextar-industries-bhd , Bursa-malaysia , Benny-ang-sui-aik , Bursa-securities-listing ,

Banking on renewable energy demand

Pekat Group believes solar PV systems becoming more cost-effective and efficient

Pekat , Nusa-tenggara-barat , Indonesia , Berkeley , California , United-states , Malaysia , Merdeka , Nusa-tenggara-timur , Perak , Indonesia-general , Johor-bahru

Pekat to raise RM44.4m from ACE Market listing

PETALING JAYA: Solar photovoltaic (PV) and earthing & lightning protection (ELP) specialist Pekat Group Bhd expects to raise RM44.4 million from its l...

Bursa , Turkey , Malaysia , Petaling , Malaysia-general , Malaysian , Sdn-bhd , Chek-aik , Tai-yee-chee , Chin-soo-mau , Hextar-holdings-sdn-bhd , Pekat-group-bhd

ACE Market-bound solar PV specialist Pekat inks underwriting agreement with M&A Securities

Pekat Group Bhd, a solar photovoltaic (PV) and earthing and lightning protection (ELP) specialist, has inked an underwriting agreement with M&A Securities Sdn Bhd in conjunction with its initial public offering (IPO) exercise to list on the ACE Market of Bursa Malaysia.

Kuala-lumpur , Malaysia , Malaysian , Sdn-bhd , Chek-aik , Tai-yee-chee , Chin-soo-mau , Hextar-holdings-sdn-bhd , Pekat-group-bhd , Ministry-of-international , Securities-sdn-bhd , International-trade

Pekat Group seeks listing on Bursa Malaysia's ACE Market


From left: M&A Securities head of corporate finance Gary Ting, Pekat executive director Tai Yee Chee, M&A Securities managing director of corporate finance Datuk Bill Tan, Pekat managing director Chin Soo Mau, Pekat executive director Wee Chek Aik and Hextar executive director Datuk Eddie Ong.
KUALA LUMPUR: Pekat Group Bhd, a solar photovoltaic (PV) and earthing and lightning protection (ELP) specialist, is seeking a listing on the ACE Market of Bursa Malaysia.
In conjunction with the initial public offering (IPO) exercise, it signed an underwriting agreement with M&A Securities Sdn Bhd today, the company said in a statement.

Kuala-lumpur , Malaysia , Malaysian , Sdn-bhd , Chin-soo-mau , Hextar-holdings-sdn-bhd , Pekat-group-bhd , Ministry-of-international , Securities-sdn-bhd , International-trade , Main-market-listed-hextar-global , Corporate-news

Eddie Ong's digital move | The Edge Markets


BUSINESSMAN Datuk Eddie Ong Choo Meng — who, in the last few years, has invested in several public-listed companies that manufacture gloves, agrochemicals, furniture, plastic and industrial products — has now ventured into fibre optics.
Last month, Datuk Seri Mukhriz Tun Dr Mahathir, son of former prime minister Tun Dr Mahathir Mohamad, ceased to be a substantial shareholder of Opcom Holdings Bhd — which he co-founded in 1994 — after disposing of 24.63 million shares, or a 15.28% stake, in the fibre-optic manufacturer.
Few are aware that Ong was the buyer of that block of shares, which were acquired at 84 sen apiece, or a total of RM20.69 million, on Feb 10. This made him the largest shareholder of Opcom. Ong is also a major shareholder of listed companies such as Hextar Global Bhd, SCH Group Bhd, Rubberex Corp (M) Bhd and, most recently, SWS Capital Bhd.

Australia , Malaysia , Melbourne , Victoria , Sdn-bhd , Mahathir-mohamad , Negara-jendela , Choo-meng , Liking , Hextar-industries-bhd , Halex-holdings-bhd , Rubberex-corpm-bhd