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Trading ideas: Central Global, Dynaciate Group, Transocean Holdings

, Magna Prima, MAHB, CMMT, according to JF Apex Research. Central Global said its unit has secured a contract worth RM100.54mil to upgrade the water supply system in Lahad Datu, Sabah, known as Projek Menaiktaraf Sistem Bekalan Air Di Lahad Datu Fasa 1 . Dynaciate Group plans to venture into industrial and commercial warehousing. Transocean Holdings is proposing a second share placement one day after the first proposed share placement. Transocean said the second proposed share placement of up to 10% of the existing issued shares of the company. Tropicana sold 1.85 million shares or about 0.02% in Top Glove Corp Bhd at a loss.

How asset managers are tackling modern slavery | Investment Executive

Greg Dalgetty Companies with exposure to modern slavery in their supply chains face enormous reputational risks and many companies may be at greater risk than they realize. According to the International Labor Organization (ILO), a United Nations agency based in Switzerland, 25 million people were living in modern slavery which includes slavery, forced labour, debt-bondage labour, child labour and human-trafficked labour in 2016. The ILO estimates that forced labour generates more than US$150 billion a year in illegal profits. There are numerous cases of high-profile companies facing a backlash for their connections to modern slavery Nike Inc., for example, came under fire in the 1990s for its use of sweatshops in Vietnam. Today, companies with supply-chain exposure to the Xinjiang region of China, where there have been widespread reports of human rights atrocities such as forced labour, torture and forced sterilization committed against the Muslim Uyghur people, are under

Small Stocks Crush Malaysia Benchmark, Unseen in Decades

Small Stocks Crush Malaysia Benchmark, Unseen in Decades Bloomberg 1 hr ago Chan Tien Hin and Abhishek Vishnoi (Bloomberg) Malaysia’s main equity index is languishing, but the nation’s small stocks are powering ahead as retail investors pile into a risky corner of the market. The FTSE Bursa Malaysia Small Cap Index has jumped 34% from a November low and is trading at the highest level since 2000 relative to the FTSE Bursa Malaysia KLCI Index. The benchmark index is down 1.6% for the year. © Bloomberg Malaysia s small stocks trading at highest level since 2000 versus benchmark index The outperformance has seen the small-cap index’s market value almost triple from a year earlier to a record 137 billion ringgit ($33 billion), underscoring the growing heft of amateur stock-pickers who drove up market volumes globally last year.

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