Here is a brief recap of some corporate announcements that made the news on Friday (Jan 6) involving Berjaya Corp Bhd, Allianz Malaysia Bhd, Comintel Corporation Bhd, Revenue Group Bhd, Pan Malaysia Holdings Bhd, Yong Tai Bhd, Classita Holdings Bhd, Bintai Kinden Corp Bhd, Serba Dinamik Holdings Bhd, CSH Alliance Bhd, Star Media Group Bhd and Top Glove Corporation Bhd.
BANK Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has signalled a steady dividend for its financial year ended Dec 31, 2020 (FY20), despite being affected by the loan deferment offered by Malaysian banks to alleviate the Covid-19 impacts.The cooperative bank had announced a 14% dividend in its previous financial year compared to 13% declared in FY18.Its newly appointed chairman Datuk Abd Rani Lebai Jaafar said the loan moratorium offered by banks to reduce the financial impact of the pandemic has impacted banks’ financial position.
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KUALA LUMPUR (March 4): Two directors of Top Glove Corp Bhd have acquired more shares in the company, ahead of the glovemaker’s quarterly results announcement next Tuesday (March 9).
Filings showed that Top Glove independent director Tan Sri Rainer Althoff acquired 10,000 shares at RM5 apiece today increasing his stake to 27,000 shares in the company.
Another independent director, Datuk Noripah Kamso, also acquired 10,000 shares at RM4.945 per share, raising her stake to 70,000 shares.
Shares of Top Glove traded between RM4.89 and RM5.10 today.
The two directors were among seven out of 12 Top Glove directors who have recently expressed intention to deal during the latest closed period.
KUALA LUMPUR (Jan 6): Based on corporate announcements and news flow today, the following companies may be in focus tomorrow (Jan 7): Top Glove Corp Bhd, Hartalega Holdings Bhd, Techfast Holdings Bhd, LBS Bina Group Bhd, Censof Holdings Bhd, Supercomnet Technologies Bhd, Cymao Holdings Bhd, Sanichi Technology Bhd, AwanBiru Technology Bhd (Awantec) and Yong Tai Bhd.
BlackRock, which holds a 1.61% stake in
Top Glove Corp Bhd, voted against the election of six independent directors at the rubber glove maker s annual general meeting today, as it is of the view that the board had failed in its duty to mitigate the issues of migrant workers health and safety. The six independent directors are Datuk Lim Han Boon, Datuk Noripah Kamso, Datuk Norma Mansor, Tan Sri Rainer Althoff, Sharmila Sekarajasekaran and Lim Andy.