(Alliance News) - MobilityOne Ltd on Monday said a subsidiary has agreed with Syed Faisal Algadrie Bin Syed Hassan to start a new joint venture company in Malaysia called Qube Nexus Sdn Bhd.
The Oxfordshire, England-based e-commerce infrastructure payme.
Kingfisher still taking bashing from Thursday s statement
A look at Friday s major share movers on the London Stock Exchange
Kingfisher PLC (LON:KGF) lost 5% to 356.8p as it was still taking a bashing from Thursday s first-quarter trading statement that was not quite strong enough to keep the share price momentum going.
Like-for-like (LFL) sales in the three months ended April 30 were up 64.2% year-on-year, with a strong performance in the UK and France, despite COVID-related restrictions affecting its French outlets through most of the quarter.
The company raised the LFL sales outlook for the first half of the current fiscal year, with the company now expecting the growth rate to be in the mid-to-high teens, up from previous expectations of a low double-digit percentage increase. Guidance for the second half of the financial year has been left unchanged.