Here is a brief recap of some corporate announcements that made the news on Tuesday (Jan 10) involving Serba Dinamik Holdings Bhd, Berjaya Corp Bhd, Inari Amertron Bhd, Bintai Kinden Corp Bhd, Nestcon Bhd, Kelington Group Bhd, Dagang Nexchange Bhd, Haily Group Bhd, Tex Cycle Technology (M) Bhd, LBS Bina Group Bhd and AWC Bhd.
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.
Tenders and awards for the Mass Transit Rapid 3 (MRT3) may be slightly delayed from earlier expectations in the first quarter of 2023 to the later part of the first half of the year (1H2023), said CGS-CIMB Research.
IT has been another eventful year for Bursa Malaysia, as the nation began transitioning to the endemic phase of Covid-19 on April 1 amid global headwinds such as high inflation, rising interest rates and geopolitical tensions. The local market along with other Asian bourses, with the exception of Singapore’s Straits Times Index is ending the year in negative territory. The FBM KLCI had lost 5.7% year to date (YTD) to 1,478.54 points on Dec 16 compared with the STI’s gain of 3.7%.