The complaint alleged that Purushottam Chhaganlal Mandhana, former Managing Director, Manish Biharilal Mandhana, former Executive Director, and others were involved in the loan fraud.
theedgemarkets.com highlighted seven stocks at Bursa Malaysia's afternoon close on Thursday (Sept 8). One stock had positive momentum, and six had negative momentum.
KUALA LUMPUR: Stocks that are in focus on Friday include LPI Capital, CCK Consolidated Holdings, FSBC Holdings, Telekom Malaysia, Brahim's Holding, Hibiscus Petroleum and HB Global, according to JF Apex Research.
KUALA LUMPUR (Aug 3): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Wednesday Aug 4) include: Hartalega Holdings Bhd, HB Global Ltd, Dufu Technology Corp Bhd, HPP Holdings Bhd, Kanger International Bhd, Berjaya Land Bhd (BLand) and Berjaya Food Bhd (BFood).
Hartalega Holdings Bhd saw its net profit double to RM2.26 billion for the first quarter ended June 30, 2021 (1QFY22), from RM1.12 billion in the preceding quarter (4QFY21). Revenue expanded 69% to RM3.9 billion from RM2.3 billion in the preceding quarter. The group proposed a final dividend of 19.75 sen per share, the highest payout for the financial year ended March 31, 2021 (FY21). This brings total dividend per share to 50.95 sen for FY21. On a year-on-year basis, Hartalega’s net profit soared by 928% from RM219.72 million a year earlier, with revenue swelling 324% from RM920.09 million.
Based on corporate announcements and news flow today, companies in focus on Monday (June 28) may include: Serba Dinamik Holdings Bhd, IOI Corp Bhd, HB Global Ltd, Malaysia Airports Holdings Bhd, MY EG Services Bhd, Yinson Holdings Bhd and MyNews Holdings Bhd.