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KUALA LUMPUR: Sunzen Biotech Bhd has announced it is shutting down its loss-making animal health division as part of efforts to bring up the group's financial performance. ....
KUALA LUMPUR, Dec 6 Bursa Malaysia was higher in early trade Wednesday as buying support helped drive a rebound amid optimism about US interest rate cuts sooner than. ....
KUALA LUMPUR: Stocks to watch for on Thursday following recent corporate announcements include Sime Darby, Sunzen Biotech, Capital A, MGRC, AirAsia X, Mr DIY, Heineken Malaysia, SAM Engineering and Kuala Lumpur Kepong, said JF Apex Research. ....
Notable filings BETWEEN Jan 11 and 15, notable shareholding changes took place at several companies listed on Bursa Malaysia, including Bintai Kinden Corp Bhd, a mechanical and electrical engineering firm that is venturing into the healthcare sector by distributing a Covid-19 vaccine in Southeast Asia. In a Jan 11 filing, loss-making Bintai Kinden said Handal Jayabina Sdn Bhd had ceased to be a substantial shareholder after divesting 15 million shares or a 3.93% stake on the open market on Jan 7. It is worth noting that Melaka-based Handal Jayabina had just emerged as a substantial shareholder on Jan 6. As part settlement of outstanding debts owed by Optimal Property Management Sdn Bhd, a wholly-owned subsidiary of Bintai Kinden, 31.8 million shares representing a direct stake of 8.32% were issued to Handal Jayabina. Following the divestment on Jan 7, it is estimated that it still holds about 4.39% of Bintai Kinden. ....
Bursa remains positive at the close despite trimming earlier gains thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.