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KUALA LUMPUR (Feb 8): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Feb 9) include: Dagang NeXchange Bhd (DNeX), Telekom Malaysia Bhd (TM), Kenanga Investment Bank Bhd, Widad Group Bhd, Chin Hin Group Property Bhd, Tomei Consolidated Bhd, XOX Bhd, AwanBiru Technology Bhd (AwanTec), Malayan Banking Bhd (Maybank), PLS Plantations Bhd, QL Resources Bhd and Boilermech Holdings Bhd. A consortium led by Dagang NeXchange Bhd (DNeX) has won the bid to acquire semiconductor fabricating company SilTerra Malaysia Sdn Bhd from Khazanah Nasional Bhd. DNeX ...
KUALA LUMPUR (Feb 8): AwanBiru Technology Bhd (AwanTec) is selling an eight-storey office building at Star Central @ Cyberjaya, together with attached fixtures and fittings, to Serba Dinamik Group Bhd for RM24.2 million. AwanTec, formerly known as Prestariang Bhd, said the disposal is part of its rationalisation plan to divest its non-core assets to improve its financial position and cashflow. “This will allow the group to reduce its borrowing and provide additional cash derived from the sales proceeds and cashflow savings from the loan repayment, which will be channeled towards the group...