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Damansara Realty, Negeri Sembilan govt in RM771m project

17 Jun 2019 - The Star Online
KUALA LUMPUR: Damansara Realty Bhd and the Negeri Sembilan government will jointly undertake a mixed development property project in Bandar Sri Sendayan, Seremban with a gross development value of RM771mil. Damansara Realty announced to Bursa Malaysia on Monday that it had accepted the letter of award ...
klse:3484

Rebound in Tenaga helps KLCI ends barely lower

17 Jun 2019 - The Star Online
KUALA LUMPUR: Local fund buying of Tenaga Nasional, which was sold down recently, helped the FBM KLCI recoup most of its early losses amid a weaker broader market. At 5pm, the KLCI was down 0.23 of a point or just 0.01% to 1,638.40. Turnover was 1.62 billion shares valued at RM1.43bil. Decliners beat ...
klse:5347

Aabar putting up for sale remaining 9.9% stake in RHB Bank

17 Jun 2019 - The Star Online
KUALA LUMPUR: Aabar Investments PJS is putting up for sale its entire 9.9% stake in RHB Bank Bhd. Sources said on Monday Aabar, which is the indirect subsidiary of Abu Dhabi sovereign wealth fund Mubadala Investment Co. CIMB is undertaking the bookbuilding exercise. Funds were likely to take up the block, ...
klse:1066

KLCI lifted by KLCI, oil prices on the rise

17 Jun 2019 - The Star Online
KUALA LUMPUR: Tenaga Nasional pulled the FBM KLCI into positive territory in Monday morning trade following a 56 sen jump to RM12.74. The heavyweight counter single-handedly added over four points to the local benchmark index that saw volatile early-morning trading. At 12.30pm, the FBM KLCI was up 4.03 ...
klse:5347

Quick take: Apex Healthcare shares fall on profit-taking

17 Jun 2019 - The Star Online
KUALA LUMPUR: Apex Healthcare Bhd ’s shares were lower in early trade Monday as investors take profit after the recent gains. Following The pharmaceutical company fell 2.3%, or 20 sen to RM8.50, making it the top loser on Bursa Malaysia. The counter has gained 8.5% year-to-date. Apex Healthcare has proposed ...
klse:7090

Quick take: Straits Inter Logistics up 2.2% on tanker acquisition

17 Jun 2019 - The Star Online
KUALA LUMPUR: Straits Inter Logistics Bhd ’s shares opened higher in early trade Monday after the company announced its acquisition to buy an oil tanker for RM19.6mil. The counter counter rose 2.22%, or 0.5 sen to 23 sen with 1.19 million shares traded. Straits Inter Logistics Bhd’s unit is to acquire ...
klse:0080

Tenaga, Petronas stocks provide support to KLCI

17 Jun 2019 - The Star Online
KUALA LUMPUR: Some buying of Tenaga Nasional and Petronas-linked stocks help support the cautious FBM KLCI early Monday while key Asian markets traded cautiously. At 9.51am, the KLCI was up 1.92 points or 0.12% to 1,640.55. Turnover was 381.02 million shares valued at RM164.54mil. There were 198 gainers, ...
klse:5347

Affin Hwang sees growth prospects for ELK-Desa

17 Jun 2019 - The Star Online
KUALA LUMPUR: Affin Hwang Capital research sees room for growth for ELK-Desa Resources Bhd even in the Klang Valley alone, due to it being a relatively small player. "We remain upbeat on ELK-Desa’s prospects (post meeting with management) as its focus in the mass market used-car financing business is ...
klse:5185 klse:5228

Positive over UEM Sunrise's reduced exposure in Desaru

17 Jun 2019 - The Star Online
KUALA LUMPUR: Kenanga research is positive on UEM Sunrise Bhd 's move to reduce its exposure in Desaru due to the long gestation period and weak market sentiment in Johor. It was announced on Friday that UEMS will be downsizing its residential development in Desary from about 680 acres to 228 acres. ...
klse:5148

Short Position

15 Jun 2019 - The Star Online
Illogical Powernet share rise THE euphoric rise of the share price of Kumpulan Powernet Bhd , a nondescript company that is into the manufacturing of warp knitted fabric and property development, took the market by surprise. The stock that normally draws little attention has seen its share price more ...
klse:7130