The main index at Bursa Malaysia got off to a listless start, tracking losses at regional markets and fell 0.68% as key index-linked stocks dragged. At 9.05am, the FBM KLCI lost 10.94 points to 1,616.07.
KUALA LUMPUR (Jan 13): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Jan 14) include: Eco World Development Group Bhd, UEM Sunrise Bhd, George Kent (Malaysia) Bhd, Chin Hin Group Property Bhd, WCT Holdings Bhd, Greatech Technology Bhd, HeiTech Padu Bhd, Aeon Credit Service (M) Bhd, Dayang Enterprise Holdings Bhd, Landmarks Bhd, Petronas Dagangan Bhd, Maxis Bhd, Genting Malaysia Bhd, AE Multi Holdings Bhd, PNE PCB Bhd and Wintoni Group Bhd.
Eco World Development Group Bhd (EcoWorld) said the property developer’s board has decided not to pursue the proposed merger with rival
UEM Sunrise Bhd following careful evaluation of the merger alongside EcoWorld’s own business plans and the current challenging environment with the re-implementation of the Movement Control Order (MCO). EcoWorld said that since the last announcement on Dec 30, 2020 regarding the proposed merger, the parties involved had been engaged in discussions with a view tow
KUALA LUMPUR (Jan 13): Aeon Credit Service (M) Bhd has been granted a renewal for its money-lending licence under the Moneylenders Act 1951 and Moneylenders (Control and Licensing) Regulations 2003 by the Ministry of Housing and Local Government.
The licence is valid for another two years effective Jan 15, 2021 till Jan 14, 2023 and is subject to renewal with the Ministry, the company said in a filing today, adding that it had received the letter from the Ministry dated Nov 23, 2020.
Aeon Credit was first granted the money-lending licence in January 2019 from the Ministry for a period of two years.
The company said then that the approval allows Aeon Credit to undertake any business of those relating to the money-lending activities which complements its existing business,
KUALA LUMPUR (Jan 11): The main index at Bursa Malaysia started the week on a cautious note as investors weighed the impending announcement by Prime Minister Tan Sri Muhyiddin Yassin later in the day in relation to the still high coronavirus figures in the country. Yesterday, Malaysians were told to stop spreading unverified information concerning speculations about the possible re-implementation of the Movement Control Order (MCO).
KUALA LUMPUR (Dec 21): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 22) may include: Mah Sing Group Bhd, Panasonic Manufacturing Malaysia Bhd, Bintai Kinden Corp Bhd, Kejuruteraan Asastera Bhd, Puncak Niaga Holdings Bhd, Greatech Technology Bhd, RHB Bank Bhd, Yi-Lai Bhd, Supermax Corp Bhd, Karex Bhd, ATA IMS Bhd, Fintec Global Bhd, Aeon Credit Service (M) Bhd, Gamuda Bhd, Versatile Creative Bhd and Deleum Bhd.
Mah Sing Group Bhd’s shareholders have given the property developer the greenlight to diversify into rubber glove manufacturing through its subsidiary Mah Sing Healthcare Sdn Bhd. In a virtual extraordinary general meeting today, Mah Sing obtained 99.9962% of votes for the diversification plan to mitigate cyclical earnings from its property development division.