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Here is a brief recap of some corporate announcements that made the news on Tuesday (Dec 27), including Berjaya Corp Bhd, Ranhill Utilities Bhd, Comintel Corp Bhd, Techbond Group Bhd, Toyo Ventures Holdings Bhd, United Malacca Bhd, G Capital Bhd, KNM Group Bhd and Infomina Bhd.
Group plans to strengthen its operations
At 9.05am, the FBM KLCI was up 0.61 points to 1,579.24. The early gainers included Nestle (M) Bhd, Malaysian Pacific Industries Bhd, Genetec Technology Bhd, Techbond Group Bhd, Petronas Gas Bhd and UWC Bhd. Bloomberg said U.S. equity futures began the week on the front foot after climbing to a record last week, as investors monitored comments from Janet Yellen pushing a stimulus bill as well as an improvement in coronavirus trends. The dollar steadied after Friday’s slide, it said. Rakuten Trade said worse than expected job data has prompted fresh hopes of more stimulus package as Wall Stre...
KUALA LUMPUR (Feb 5): Techbond Group Bhd has proposed to undertake a bonus issue of up to 431.25 million new shares on the basis of five bonus shares for every four existing shares. The entitlement date of the bonus issue shares would be determined later, the global industrial adhesive manufacturer said in a statement today. Managing director Lee Seng Thye said the bonus issue would potentially improve the trading liquidity of Techbond’s shares without affecting the company’s market capitalisation. “This will also encourage greater participation by investors, as well as potentially broa...
KUALA LUMPUR (Feb 5): Based on corporate announcements and news flow today, companies that may be in focus on Monday (Feb 8) include: MBM Resources Bhd, Media Chinese International Ltd, Techbond Group Bhd, Toyo Ventures Holdings Bhd, Vizione Holdings Bhd, mTouche Technology Bhd and Pertama Digital Bhd. MBM Resources Bhd has appointed Muhammad Fateh Teh Abdullah, the former head of automotive distribution division of Hicom Holdings Bhd, as its new president and CEO with effect from Monday (Feb 8). With this, Annie Chin will cease to be the group’s acting president and CEO and will resume her...