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Insider Moves: Bonia Corp Bhd, Kanger International Bhd, Key Alliance Group Bhd, MMAG Holdings Bhd, K-Star Sports Ltd, NetX Holding Bhd, PA Resources Bhd

BETWEEN Nov 30 and Dec 4, notable filings at Bursa Malaysia listed companies included that at
Bonia Corp Bhd, which saw Milingtonia Ltd ceasing to be a substantial shareholder after disposing of 16.18 million shares.
During the same week, Freeway Team Sdn Bhd, which is linked to Bonia’s founder and group executive chairman Chiang Sang Sem, acquired 400,000 shares. Post-acquisition, Chiang’s indirect stake in Bonia increased to 54.22%.
Bonia recently announced a 35.6% growth in net profit to RM5.36 million for the first quarter ended Sept 30, 2020, compared with the previous corresponding period. This was despite lower revenue of RM78.02 million against RM94.11 million a year ago. ....

South Korea , South Korean , Sdn Bhd , Datuk Tengku Omar , Chan Kong , M Sdn Bhd , Gim Hai , Datuk Teoh Hai , Milingtonia Ltd , Bonia Corp Bhd , Co Ltd , Key Alliance Group Bhd , Over At Kanger International Bhd , First United Technology Ltd , Sports Ltd , Netx Holding Bhd , National Institutes Of Biotechnology Malaysia , Jr Joint Resources Holdings Sdn Bhd , Freeway Team Sdn Bhd , Wells Bio Inc , Holdings Bhd , Ministry Of Science , Bursa Malaysia , Chiang Sang Sem , Kanger International Bhd , National Institutes ,

CCM, NWP, Pecca, Reservoir Link, Bermaz Auto, Pegasus Heights, Hai-O, PCCS, Gas Malaysia, PLS Plantation, Fintec, NetX, Puncak Niaga and NTPM

KUALA LUMPUR (Dec 17): Based on corporate announcements and news flow today, companies that may be in focus on Monday (Dec 21) include: Chemical Company of Malaysia Bhd, NWP Holdings Bhd, Pecca Group Bhd, Reservoir Link Energy Bhd, Bermaz Auto Bhd, Pegasus Heights Bhd, Hai-O Enterprise Bhd, PCCS Group Bhd, Gas Malaysia Bhd, PLS Plantation Bhd, Fintec Global Bhd, NetX Holdings Bhd, Puncak Niaga Holdings Bhd and NTPM Holdings Bhd.
Seasoned investor Pui Cheng Wui has emerged as a substantial shareholder of
Chemical Company of Malaysia Bhd (CCM) after acquiring 27.03 million shares or a 16.12% stake in the company. The move comes just a month after Batu Kawan Bhd announced the acquisition of a 56.32% stake in CCM from Permodalan Nasional Bhd. Pui’s purchase of the 16.12% stake was made in the open market on Dec 16. The block of shares would have cost him RM83.26 million based on the closing price of RM3.08 on Dec 16. ....

Kuala Lumpur , Negeri Sembilan , Hong Kong , Sdn Bhd , Ikhlasi Bina Sdn Bhd , Kawan Bhd , Sukuk Wakalah , Permodalan Nasional Bhd , Puncak Niaga Holdings Bhd , Netx Holdings Bhd , Gas Malaysia Energy , First United Technology Ltd , Services Sdn Bhd , Energy Commission , Pecca Group Bhd , Chemical Company Of Malaysia Bhd , Group Bhd , Reservoir Link Energy Bhd , Holdings Bhd , Shanghai Shenqi Medical Co Ltd , Chemical Company , Malaysia Bhd , Bermaz Auto Bhd , Pegasus Heights Bhd , Haio Enterprise Bhd , Gas Malaysia Bhd ,

NetX ceases to be substantial shareholder of MLabs

NetX said following the disposal, its shareholding in MLabs is reduced to 3.91% from 7.32% previously.
The disposal of the shares was carried out by its Hong Kong subsidiary, First United Technology Ltd, in the open market on Dec 16, NetX added in a filing with Bursa Malaysia.
The group did not disclose the transaction price, but based on MLabs’s closing price of eight sen on Dec 16, the block of shares is valued at RM2.4 million.
NetX’s share price closed half a sen or 3.45% higher at 15 sen today, after 6.25 million shares were traded. Its market capitalisation stands at RM125.4 million.
MLabs closed unchanged at eight sen with 12.32 million shares changing hands. Its current market value is RM17.62 million. ....

Kuala Lumpur , Hong Kong , Netx Holdings Bhd , First United Technology Ltd , Systems Bhd , குவாலா லம்பூர் , ஹாங் காங் , நெட்கஷ ஹோல்டிங்ஸ் ப்ட் , முதல் ஒன்றுபட்டது தொழில்நுட்பம் லிமிடெட் , அமைப்புகள் ப்ட் ,