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KUALA LUMPUR (April 27): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (April 28) include: Bursa Malaysia Bhd, Tasco Bhd, Frontken Corp Bhd, Unisem (M) Bhd, Globetronics Technology Bhd, Sapura Energy Bhd, Nestle (Malaysia) Bhd, Westports Holdings Bhd, RGT Bhd, Atrium Real Estate Investment Trust (Atrium REIT), SHH Resources Holdings Bhd, Seacera Group Bhd, Bintai Kinden Corp Bhd and Inta Bina Group Bhd. Bursa Malaysia Bhd’s net profit for the first quarter ended March 31, 2021 almost doubled to RM121.39 million from RM64.73 million reported in the previous year, largely due to higher operating revenue. The stock exchange operator’s quarterly revenue surged 54.08% to RM232.28 million against RM150.75 million, supported by higher trading revenue in the securities and Islamic market segments. ....
Supermax, Wegmans, Straits Inter Logistics, Supercomnet, FGV, Cheetah, XOX, Lambo, Seacera, Vsolar theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
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 Capital Sdn Bhd (ACSB) is a major shareholder of Seacera and AT Systematization. ....
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 manufacturer aims to issue up to 10% of its share capital or 296.92 million shares, which will be placed out to third-party investors to be identified. It said RM20 million of the proceeds raised will be used to repay bank borrowings, while RM33.63 million will be used to procure raw materials, pay subcontractors and other related expenses for its ongoing contracts in Indonesia, Malaysia and ....