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Top News In Kuah Choon Ching Today - Breaking & Trending Today

Kanger buys 51% stake in building materials supplier Sung Master

has proposed to acquire 51 per cent stake or 1.02 million shares of Sung Master Holdings Sdn Bhd for RM94.79 million.
In a filing with Bursa Malaysia today, Kanger said the company also proposed new subscription shares of 769.51 million, representing 30 per cent of the total issued shares, at the subscription price of six sen by Kuah Choon Ching.
It said Sung Master is a company engaged in sales and trading of building materials such as timber flooring, tiles, bulk cement, concrete, locksets and sanitary ware that are similar to the current business activities of Kanger which is manufacturing and trading of building materials. ....

Kuala Lumpur , Kuah Choon Ching , Sung Master Holdings Sdn Bhd , Bernama Kanger International Bhd , Bursa Malaysia , Kuah Choon , Sung Master , குவாலா லம்பூர் ,

Techfast to diversify into petroleum trading and oil bunkering

KUALA LUMPUR (Jan 6): Techfast Holdings Bhd plans to diversify into petroleum trading and oil bunkering by acquiring a 35% stake in a company that supplies marine fuels.
The group said it is buying the stake in CCK Petroleum Sdn Bhd from Kuah Choon Ching for RM26.25 million, of which RM16.17 million will be paid in cash and the balance via the issuance of 23.44 new Techfast shares at 43 sen per share.
In a filing today, Techfast said the diversification into petroleum trading was aimed at expanding its revenue and profits, and reducing its reliance on its manufacturing business segment.
The group manufactures self-clinching fasteners, mould e-learning rubber sheets and LED epoxy encapsulate materials. ....

Kuala Lumpur , Kuah Choon Ching , Petroleum Sdn Bhd , Techfast Holdings Bhd , Sdn Bhd , குவாலா லம்பூர் , பெட்ரோலியம் ஸ்டன் ப்ட் , ஸ்டன் ப்ட் ,

Top Glove, Hartalega, Techfast, LBS Bina, Censof, Supercomnet, Cymao, Sanichi, Awantec and Yong Tai

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. ....

Kuala Lumpur , Yong Tai , Datuk Noripah Kamso , Datuk Norma Mansor , Sharmila Sekarajasekaran , Prestariang Bhd , Rainer Althoff , Sdn Bhd , Danaraj Nadarajah , Kuah Choon Ching , Yong Tai Bhd , Censof Holdings Bhd , Bina Group Bhd , Cymao Holdings Bhd , Petroleum Sdn Bhd , Top Glove Corp Bhd , Tiong Nam Logistics Solutions Sdn Bhd , Sanichi Technology Bhd , Hartalega Holdings Bhd , Tiong Nam Logistics Holdings Bhd , Alliance Bhd , Awanbiru Technology Bhd Awantec , Techfast Holdings Bhd , Shenzhen Kangtai Biological Products Co Ltd , Ai Service Provider , Group Bhd ,