LYC Healthcare Bhd, which is in the midst of spinning off its medical care business through a listing in Singapore, is already considering another spin-off listing this time on Bursa Malaysia. According to group CEO and managing director David Sui Diong Hoe, the group is looking at a potential spin-off listing of its dental and aesthetic division within the next three years.
At 10.15am, the FBM KLCI had lost 8.66 points to 1,597.48.
Market sentiment was tepid with losers leading gainers by 512 to 357, while 439 counters traded unchanged. Trading volume was 3.49 billion shares valued at RM1.45 billion.
The losers included Heineken Malaysia Bhd, Malaysian Pacific Industries Bhd, Hong Leong Bank Bhd (HLB), Petronas Chemicals Group Bhd (PetChem), Pentamaster Corp Bhd, UWC Bhd, Telekom Malaysia Bhd (TM), Hengyuan Refining Company Bhd and Genting Bhd.
The actively traded stocks included DGB Asia Bhd, Sapura Energy Bhd, Dagang NeXchange Bhd (DNeX), AT Systematization Bhd and Dataprep Holdings Bhd.
The gainers included UPA Corp Bhd, Supermax Corp Bhd, Ralco Corp Bhd, VSTECS Bhd, Genetec Technology Bhd, Grand Hoover Bhd, ViTrox Corp Bhd and Tasco Bhd.
KUALA LUMPUR (Feb 17): The main index of Bursa Malaysia pared some of its loss before the midday break today, but remained below the 1,600-point level in line with cautious regional markets.
At 12.30pm, the FBM KLCI was down 8.10 points at 1,598.04. The index earlier dropped to a low of 1,596.45.
Broader market sentiment remained cautious with 416 losers and 367 gainers, while 712 counters traded unchanged. Trading volume was 5.99 billion shares valued at RM2.79 billion.
The top losers included Malaysian Pacific Industries Bhd, Pentamaster Corp Bhd, AEON Credit Service (M) Bhd, Kuala Lumpur Kepong Bhd (KLK), Mega First Corp Bhd, Telekom Malaysia Bhd (TM), Inari Amertron Bhd, Unisem (M) Bhd and Axiata Group Bhd.
PETALING JAYA: Ralco Corp Bhd is implementing a temporary stoppage for its manufacturing facility in Nilai, Seremban until Feb 15, as the company has .
Wednesday, 10 Feb 2021 09:21 PM MYT
Health workers conduct Covid-19 tests in Pudu during the semi-enhanced movement control order (SEMCO) May 26, 2020. Picture by Firdaus Latif
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KUALA LUMPUR, Feb 10 Rubber glove maker Supermax Corp Bhd and plastic products manufacturer Ralco Corp Bhd are both expecting a less than one per cent capacity loss in annual output following a temporary shutdown of their factories.
Operations at Supermax’s plant in Meru, Klang halted from today until February 12, while Ralco’s plant in Nilai, Negeri Sembilan will be closed until February 15 amid several positive cases of Covid-19 among their workers.