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KUALA LUMPUR: APB Resources Bhd has announced that Datuk Koon Poh Tat has emerged as a substantial shareholder in the group with a direct 5.73 per cent stake following the acquisition of 6.35 million shares.

Bursa Malaysia opened lower on Wednesday (April 19) due to the possibility of yet another interest rate hike by the US Federal Reserve during the next Federal Open Market Committee meeting in early May, said an analyst.

Bursa Malaysia ended the morning trading session lower on Wednesday (April 19), weighed down by persistent selling pressure, ahead of the long break for the Hari Raya Aidilfitri celebration, a dealer said. The FBM KLCI opened 0.79 point weaker at 1,431.57, its highest so far in the day, and subsequently moved to a low of 1,425.24.

PETALING JAYA: SNS Network Technology Bhd’s subsidiary SNS Network (M) Sdn Bhd has been awarded the Enterprise Business Strategic Partner (Education Segment) by Samsung Malaysia Electronics (SME) Sdn. Bhd.