ECONFRAME Bhd, which debuted on the ACE Market of Bursa Malaysia in October 2020, is on the prowl for business partners that can help broaden its offerings. “When the markets started to open last year, it was a good time for us to look into acquisitions. We are unfazed by [concerns of a] recession because the property upgrade market is ever present. Companies like Sime Darby [Property Bhd] and Mah Sing [Group Bhd] will continue to launch, and their sales figures are good,” Econframe managing director Lim Chin Horng tells The Edge.
Shares in Hextar Technologies Solutions Bhd rallied to an all-time high on Tuesday (Jan 3), ostensibly on the unexpected appointment of former Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim as its independent non-executive chairman.
Here is a brief recap of some corporate announcements that made news on Friday (Dec 30) involving Telekom Malaysia Bhd, Malayan Banking Bhd, Astro Malaysia Holdings Bhd, Hextar Healthcare Bhd, MISC Bhd, Kuala Lumpur Kepong Bhd, Poh Huat Resources Bhd, Cypark Resources Bhd and Crest Builder Holdings Bhd.
KUALA LUMPUR (Nov 29): Here is a brief recap of some corporate announcements that made news on Tuesday (Nov 29): AirAsia X Bhd (AAX), Capital A Bhd, Genting Malaysia Bhd (GenM), Hong Leong Financial Group Bhd (HLFG), Hong Leong Bank Bhd, RHB Bank Bhd, PPB Group Bhd, Press Metal Aluminium Holdings Bhd, IHH Healthcare Bhd, Petronas Dagangan Bhd (PetDag), Alliance Bank Malaysia Bhd, UMW Holdings Bhd, Sime Darby Property Bhd (SDP), Malaysia Airports Holdings Bhd (MAHB), Hengyuan Refining Co Bhd, UOA Development Bhd, 7-Eleven Malaysia Holdings Bhd, Hextar Global Bhd and Malaysia Marine and Heavy Engineering Holdings Bhd (MHB).
KUALA LUMPUR (Nov 2): Agrochemical businessman Datuk Eddie Ong Choo Meng has emerged as Ipoh-based transport terminal and bus operator Perak Transit Bhd’s second largest shareholder with a 6.923% stake.