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KUALA LUMPUR: SWS Capital Bhd (SWS) said its strategic initiatives aimed at diversifying and expanding its business activities involve the property sector and has proposed to enter into a memorandum of understanding for a proposed joint development project.
IT has been another eventful year for Bursa Malaysia, as the nation began transitioning to the endemic phase of Covid-19 on April 1 amid global headwinds such as high inflation, rising interest rates and geopolitical tensions. The local market along with other Asian bourses, with the exception of Singapore’s Straits Times Index is ending the year in negative territory. The FBM KLCI had lost 5.7% year to date (YTD) to 1,478.54 points on Dec 16 compared with the STI’s gain of 3.7%.
Shares in Hextar Technologies Solutions Bhd rallied to an all-time high on Tuesday (Jan 3), ostensibly on the unexpected appointment of former Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim as its independent non-executive chairman.
PETALING JAYA: Bursa Malaysia has advised investors to exercise caution and to make informed decisions in the trading of Hextar Technologies Solutions Bhd (Hextech) shares.