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Malaysian furniture makers back on growth track

THE outlook for the Malaysian furniture industry is positive this year although it continues to face some lingering challenges, say research analysts.

United statesRepublic ofHeveaboard bhdTa securities researchCorp bhdLii hen industries bhdUnited states census bureauWegmans holdings bhdPoh huat resources holdings bhdHong leong investment bank researchPublicinvest researchNorth americaUnited states chinaEvergreen fibreboardLii hen industriesLii hen

Fitters, Greatech, Wegmans, TAFI

KUALA LUMPUR (Aug 12): theedgemarkets.com highlighted four stocks with momentum at Bursa Malaysia’s afternoon close today. Three stocks displayed positive momentum, while one showed negative momentum. Stocks with positive momentum were: Fitters Diversified Bhd – up two sen at 38 sen Greatech Technology Bhd – up 34 sen at RM7.39 Wegmans Holdings Bhd – down 0.5 sen at 30 sen Stock with negative momentum was: TAFI Industries Bhd – up three sen at RM2.18

Kuala lumpurWegmans holdings bhdGreatech technology bhdIndustries bhdBursa malaysiaDiversified bhdTechnology bhdHoldings bhdகுவாலா லம்பூர்வெக்மேன்ஸ் ஹோல்டிங்ஸ் ப்ட்தொழில்கள் ப்ட்பன்முகப்படுத்தப்பட்ட ப்ட்தொழில்நுட்பம் ப்ட்ஹோல்டிங்ஸ் ப்ட்

Supermax, Wegmans, Straits Inter Logistics, Supercomnet, FGV, Cheetah, XOX, Lambo, Seacera, Vsolar

Supermax, Wegmans, Straits Inter Logistics, Supercomnet, FGV, Cheetah, XOX, Lambo, Seacera, Vsolar
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Kuala lumpurUnited statesCity ofUnited kingdomSdn bhdSzczepaniak astridgeLand development authorityWegmans holdings bhdVizione holdings bhdSeacera group bhdLambo group bhdCheetah onlineVsolar group bhdCheetah holdings bhdHoldings bhdSupermax corp bhd

Supermax, Yinson, MTD ACPI, TM, KTG, Komarkcorp, WCT, Johan, Wegmans, Lambo, Cymao

KUALA LUMPUR (Dec 24): Based on corporate announcements and news flow today, companies that may be in focus next Monday (Dec 28) include Supermax Corp Bhd, Yinson Holdings Bhd, MTD ACPI Engineering Bhd, Telekom Malaysia Bhd, KTG Bhd, Komarkcorp Bhd, WCT Holdings Bhd, Johan Holdings Bhd, Wegmans Holdings Bhd, Lambo Group Bhd, and Cymao Holdings Bhd. Supermax Corp Bhd has issued a scam alert, saying certain unauthorised parties are taking advantage of the global shortage of gloves and Supermax s prominence and good standing to attempt and commit fraud. It said there are parties who claim to be involved in sales and marketing of nitrile and latex gloves as well as other personal protective equipment produced by Supermax and its subsidiaries Supermax Glove Manufacturing Sdn Bhd, Maxter Glove Manufacturing Sdn Bhd, Maxwell Glove Manufacturing Bhd and SuperVision Optimax Sdn Bhd.

Kuala lumpurSdn bhdOptimax sdn bhdDavid bruntSubang jayaGeorge kent sdn bhdKomarkcorp bhdCymao holdings bhdDinerspay pte ltdMinistry of healthHowellcare industries sdn bhdYinson holdings bhdYinson renewabless pte ltdWegmans holdings bhdEzy net pte ltdLambo group bhd

As part of expansion strategy, Wegmans acquires 90% stake in spare parts manufacturer for RM16 2 million

The purchase consideration will be settled via issue of new shares. Wegmans said the products manufactured and traded by WSI are mainly used in furniture industries. As such, the proposed acquisition will allow Wegmans to have control over WSI s management and operations and reap the benefits of future revenue and profit. The proposed acquisition will allow Wegmans to consolidate the revenue and profit of WSI which in turn, will contribute positively to the results of the Wegmans Group as a whole in future. The board believes that the proposed acquisition represents a good opportunity for Wegmans to further expand its business and strengthen its future earnings, it said in a filing with Bursa Malaysia today.

Kuala lumpurSdn bhdWegmans holdings bhdWegmans groupWison screw industries sdn bhdBursa malaysiaKek wee bengMain marketகுவாலா லம்பூர்ஸ்டன் ப்ட்வெக்மேன்ஸ் ஹோல்டிங்ஸ் ப்ட்வெக்மேன்ஸ் குழுவிசன் திருகு தொழில்கள் ஸ்டன் ப்ட்கேக் வீ பெங்பிரதான சந்தை