KUALA LUMPUR (Jan 16): Several small- and mid-cap energy companies on Bursa Malaysia were actively traded on Monday (Jan 16), amid the current recovery in crude oil prices.
Here is a brief recap of some corporate announcements that made the news on Wednesday (Jan 11) involving Serba Dinamik Holdings Bhd, Pesona Metro Holdings Bhd, KKB Engineering Bhd, Favelle Favco Bhd, Minetech Resources Bhd, GUH Holdings Bhd, JAKS Resources Bhd, Solarvest Holdings Bhd, Eastern and Oriental Bhd, Sarawak Consolidated Industries Bhd, Alam Maritim Resources Bhd and CAB Cakaran Corp Bhd.
KUALA LUMPUR (Oct 31): Here is a brief look at some corporate announcements and news flow on Monday (Oct 31), which include Digi.Com Bhd, Axiata Group Bhd, Telekom Malaysia Bhd (TM), YTL Power International Bhd, Maxis Bhd, AirAsia X Bhd (AAX), Capital A Bhd, Bursa Malaysia Bhd, Serba Dinamik Holdings Bhd, Hextar Technologies Solutions Bhd, Pecca Group Bhd, Alam Maritim Resources Bhd, Petronas Chemicals Group Bhd (PetChem), Pharmaniaga Bhd, Eco World Development Group Bhd and Caely Holdings Bhd.
A total of 28 companies are currently under the Practice Note 17 (PN17) and Guidance Note 3 (GN3) lists, which represent 2.98% of the total number of 941 companies listed on the Main and ACE Markets of Bursa Securities, as at Nov 1.
AS one of the largest corporate debt restructuring exercises in recent years is about to begin, it begs the question of whether some local companies have taken on too much debt prior to the pandemic.