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Top News In Ehsan Bhd Today - Breaking & Trending Today
A corporate exercise quietly announced a week ago seems to have gotten the notice of some investors. Pimpinan Ehsan Bhd (PEB), a company that was controlled by tycoon Tan Sri Rozali Ismail, a cash shell looking for an acquisition target, made two stock exchange filings on Feb 19. One, that Rozali and other shareholders had sold out of the company to new parties, thereby triggering a mandatory general offer (MGO) and two, that PEB was planning to acquire solar power assets. Since the announcement, PEB shares have almost doubled in a matter of a week. So why the excitement? It is likely to do with the fact that PEB is morphing into a pure play renewable energy company, a move which sits well with the global push towards environmental goals. Another reason could be the presence of seasoned corporate personality Lim Beng Guan as the new major shareholder of PEB. ....
The stocks with positive momentum were: Signature International Bhd up 15.5 sen at 66.5 sen Lion Posim Bhd up 12.5 sen at 69.5 sen The stocks with negative momentum were: Melewar Industrial Bhd up four sen 55.5 sen CSC Steel Holdings Bhd up three sen at RM1.39 Complete Logistics Services Bhd up 23 sen at RM1.54 Leon Fuat Bhd up five sen at 68.5 sen Pimpinan Ehsan Bhd down nine sen at RM1.84 Country Heights Holdings Bhd unchanged at RM1.46 YLI Holdings Bhd up four sen at 44.5 sen Uchi Technologies Bhd up 28 sen at RM3.35 Prestar Resources Bhd up four sen at RM1.08 The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum. ....
The stocks that indicated positive momentum were: Complete Logistic Services Bhd – down six sen to RM1.27 Techna-X Bhd – up 2.5 sen to 20.5 sen The stocks that indicated negative momentum were: Aeon Co (M) Bhd – up six sen to RM1.19 Ancom Bhd – up eight sen to RM1.31 Amanahraya Real Estate Investment Trust – down 0.5 sen to 66 sen Avillion Bhd – up 0.5 sen to eight sen Country Heights Holdings Bhd – down one sen to RM1.45 CSC Steel Holdings Bhd – up eight sen to RM1.41 Only World Group Holdings Bhd – up one sen to 35 sen Pimpinan Ehsan Bhd – up 33 sen to RM1.82 The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum. ....
The stock with positive momentum was: Edaran Bhd – rose nine sen at 61.5 sen The stocks with negative momentum were: Bumi Armada Bhd – rose 1.5 sen at 39.5 sen CAB Cakaran Corp Bhd – unchanged at 47.5 sen Censof Holdings Bhd – rose 8.5 sen at 38 sen Cheetah Holdings Bhd – rose eight sen at RM1.17 CNI Holdings Bhd – rose 2.5 sen at 12.5 sen Cuscapi Bhd – rose six sen at 29 sen Dagang NeXchange Bhd (DNeX) – rose 11.5 sen at 66.5 sen Dynaciate Group Bhd – unchanged at 13 sen Fajarbaru Builder Group Bhd – rose seven sen at 62.5 sen Fibon Bhd – rose 3.5 sen at 45.5 sen Jasa Kita Bhd – rose one sen at 12.5 sen Leon Fuat Bhd – rose three sen at 59.5 sen ....
The stocks with positive momentum were: Ann Joo Resources Bhd – up 19 sen at RM1.84 Prestar Resources Bhd – up 4.5 sen at 91 sen The stocks with negative momentum were: Advanced Packaging Technology (M) Bhd – down five sen at RM2.50 APB Resources Bhd – up three sen at 60 sen Country Heights Holdings Bhd – unchanged at RM1.44 Fiamma Holdings Bhd – down 1.5 sen at 62 sen Genetec Technology Bhd – down 17 sen at RM4.22 Ken Holdings Bhd – up 5.5 sen at 58 sen Opcom Holdings Bhd – up one sen at 79 sen Pansar Bhd – up 1.5 sen at 73 sen Pimpinan Ehsan Bhd – up two sen at 98.5 sen Pestech International Bhd – up six sen at RM1.11 ....