Live Breaking News & Updates on Hwa Tai Industries Bhd
Stay updated with breaking news from Hwa tai industries bhd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
KUALA LUMPUR (July 29): Biscuit maker Hwa Tai Industries Bhd’s share price rose more than 16% to a record high on Bursa Malaysia today after hitting limit up yesterday at above RM1 as investors looked ahead to the company’s second-quarter results announcement, which is scheduled to be released in August. Hwa Tai’s share price had risen 18 sen or 16.82% to a record high of RM1.25 so far today, before paring gains at RM1.22 at Bursa’s 12.30pm break. At RM1.25, its market capitalisation stood at about RM93.54 million based on its 74.83 million issued shares. Yesterday, the company s share price hit limit up after closing up 29.5 sen at RM1.07 from 77.5 sen the day before. ....
BETWEEN Feb 8 and 11, notable shareholding changes included those at Hwa Tai Industries Bhd, where Lim Kam Seng emerged as a substantial shareholder after purchasing 3.76 million shares or a 5.02% stake. As at May 31 last year, Lim held 550,000 shares or 0.73% equity interest in the biscuit manufacturer via RHB Capital Nominees Sdn Bhd. In the weeks leading up to the Lunar New Year, the counter rose 63.9% to 59 sen on Feb 11 from its Jan 18 close of 36 sen. Nadicorp Holdings Sdn Bhd disposed of 20 million shares or a 5% stake in Konsortium Transnasional Bhd (KTB), paring down its holding to 50.8 million shares or 12.6%. As at July 1 last year, Nadicorp which is KTB’s penultimate holding company and the vehicle of Nadicorp chairman Tan Sri Mohd Nadzmi Mohd Salleh was the second largest shareholder of KTB with 100.8 million shares or a 25.02% stake. ....
The stocks with negative momentum were: Central Global Bhd up 10 sen at 80 sen Eita Resources Bhd up 28 sen at RM3.33 Federal Intl Holdings Bhd up six sen at 54.5 sen Hwa Tai Industries Bhd up 18.5 sen at 65 sen Paragon Union Bhd up eight sen at RM1.35 Rhone Ma Holdings Bhd up nine sen at 97 sen The stock with positive momentum was: Sarawak Consolidated Industries Bhd up 21 sen at RM2.33 The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum. ....
KUALA LUMPUR (Jan 26): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Wednesday Jan 27) include Duopharma Biotech Bhd, Pharmaniaga Bhd, Atrium REIT, PNE PCB Bhd, Gabungan AQRS Bhd, Poh Huat Resources Holdings Bhd, Hwa Tai Industries Bhd, Chin Teck Plantations Bhd, Dagang NeXchange Bhd (DNeX), Advancecon Holdings Bhd and Tasco Bhd. Duopharma Biotech Bhd has signed a deal with the Malaysian government to supply 6.4 million doses of the Russian-developed Sputnik V Covid-19 vaccine. The group said it will procure and supply to the Ministry of Health (MoH) the vaccine developed by the Gamaleya National Research Institute of Epidemiology and Microbiology. Duopharma said its subsidiary, Duopharma (M) Sdn Bhd (DMSB), has signed a term sheet agreement with MoH and the Russian Direct Investment Fund (RDIF) to secure the 6.4 million doses of Sputnik V. RDIF is the appointed marketing agent for Gamaleya for all international markets, with es ....