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Retail Furniture News: Long-Awaited Summer Furniture Sourcing at MIFF 2022, Reconnecting with Industry Peers through Hybrid Experience, the Malaysian International Furniture Fair returns July 6 – 9.
Selling in glove heavyweights drags Bursa lower for second straight day 23 Feb 2021 / 19:01 H. KUALA LUMPUR: Bursa Malaysia reversed earlier gains to finish at the day’s low for a second consecutive day as the key index was weighed down by persistent selling in rubber glove heavyweights amid recovery plays following the arrival of the Covid-19 vaccine. At 5 pm, the benchmark FBM KLCI declined 5.41 points, or 0.34 per cent, to 1,565.05 from 1,570.46 at Monday’s close. The key index opened 3.21 points firmer at 1,573.67 and moved between 1,565.05 and 1,580.68 throughout the day. However,...
KUALA LUMPUR (Dec 17): Latitude Tree Holdings Bhd plans to undertake a one-for-one bonus issue of up to 97.16 million new shares plus an employees’ share scheme (ESS) of up to 10% of the total issued share capital of the company. In a filing with Bursa Malaysia, the furniture maker said the actual number of bonus shares to be issued will depend on the total issued shares on the entitlement date, which will be determined and announced at a later date upon receipt of all relevant approvals. Latitude Tree said the ESS is for eligible directors and employees of the company and its subsidiaries