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KUALA LUMPUR (Jan 13): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Jan 14) include: Eco World Development Group Bhd, UEM Sunrise Bhd, George Kent (Malaysia) Bhd, Chin Hin Group Property Bhd, WCT Holdings Bhd, Greatech Technology Bhd, HeiTech Padu Bhd, Aeon Credit Service (M) Bhd, Dayang Enterprise Holdings Bhd, Landmarks Bhd, Petronas Dagangan Bhd, Maxis Bhd, Genting Malaysia Bhd, AE Multi Holdings Bhd, PNE PCB Bhd and Wintoni Group Bhd. Eco World Development Group Bhd (EcoWorld) said the property developer’s board has decided not to pursue the proposed merger with rival UEM Sunrise Bhd following careful evaluation of the merger alongside EcoWorld’s own business plans and the current challenging environment with the re-implementation of the Movement Control Order (MCO). EcoWorld said that since the last announcement on Dec 30, 2020 regarding the proposed merger, the parties involved had been engaged in discussions with a ....
KUALA LUMPUR (Jan 13): The Inland Revenue Board (IRB) has renewed a contract worth RM35.3 million for HeiTech Padu Bhd for supply, delivery and renewal of CA Gen software, Access Gen (TSO) and Composer Report for the mainframe system. In a filing with the bourse, HeiTech Padu said the contract is for a period of three years commencing Feb 1, 2021, to Jan 31, 2024. However, the contribution will only start in the next financial year ending Dec 31, 2022 (FY22). The company said the contract will not have any effect on its net assets for FY21 and that none of its directors or substantial shareholders or connected persons has any direct or indirect interest in the contract. ....
Fossil has partnered with Michael Kors to launch new styles of the Gen 5E smartwatch. The high-end Darci watch features a stainless steel case and starts at $350. The MKGO watch is made with an aluminum case and starts at $250. Fossil may not be ready to announce a Gen 6 line of smartwatches, because it s not yet done with the interim Fossil Gen 5E. For CES 2021, the company has just announced partnered with Michael Kors to launch new Access Gen 5E smartwatches, with a premium style and premium price tag to match. The smartwatch joins Michael Kors Darci line of watches, making it the first smartwatch of the bunch. It features a premium stainless steel case and a 7-link bracelet. It will be available in three different colorways, with a fourth silver option as an exclusive color to certain regions outside the U.S. ....