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29 Indonesian businesses win SME100 Awards as 'Fast Moving Companies 2019'

15 Jun 2019 - ACN Newswire
The prestigious award for small and medium enterprises, the SME100 Awards, recognized 29 Indonesian SMEs honored as 'Fast Growing Businesses 2019' in a ceremony in Jakarta on Friday.The naming of 29 SMEs as fast growing businesses was based on evaluating criteria, such as income and profit growth, along ...

Reach Energy CEO Shahul cuts stake, again

14 Jun 2019 - The Star Online
KUALA LUMPUR: Shahul Hamid Mohd Ismail, the managing director and chief executive officer of Reach Energy Bhd , sold another big block of shares in the company in an off-market transaction. A filing with Bursa Malaysia today revealed that Shahul's Reach Energy Holdings Sdn Bhd (REH) has disposed 62.8 ...

Boustead Plantations CEO Chow Kok Choy retires on July 31

14 Jun 2019 - The Star Online
KUALA LUMPUR: Boustead Plantations Bhd chief executive officer (CEO) Chow Kok Choy, a veteran planter, will retire on July 31 after 48 years with the group. The board said on Friday it had accepted the retirement of Chow, 71, who has been with the company since 1971. In the interim, while it seeks ...
sgx:f9d klse:5254

Public Bank, Tenaga weigh on KLCI while ringgit weakens

14 Jun 2019 - The Star Online
KUALA LUMPUR: Some fund selling of Public Bank, Tenaga Nasional and IOI Corp pushed the FBM KLCI into the red on Friday in the absence of any strong positive leads. The ringgit weakened against the major currencies on late selling pressure. At 5pm, the KLCI was down 5.11 points or 0.31% to 1,638.63 ...
klse:1961 klse:5347 klse:1295

Maxis to talk on disruptive technology, enterprise solutions at MTW 2019

14 Jun 2019 - The Star Online
KUALA LUMPUR: Maxis Bhd ’s thought leaders and experts will discuss technology disruption and enterprise solutions at the Malaysia Tech Week 2019 (MTW 2019), to be held from June 17-21. In a statement today, Maxis said the discussion would be led by chief executive officer Gokhan Ogut. “The MTW 2019 ...

KNM secures orders valued at RM27.71m

14 Jun 2019 - The Star Online
KUALA LUMPUR: KNM Group Bhd 's subsidiaries have secured two contracts worth a combined sum of about RM27.71mil for the supply of air cooler heat exchangers in Nigeria and Iraq respectively. In the first contract, the group's wholly owned subsidiary, FBM Hudson Italiana S.p.A, will supply air cooler ...

Telekom confirms MACC visited its headquarters

14 Jun 2019 - The Star Online
KUALA LUMPUR: Telekom Malaysia Berhad (TM) confirmed that the Malaysian Anti-Corruption Commission (MACC) visited its headquarters to seek certain information involving an on-going case. TM said on Friday it would continue extending its cooperation to the MACC. The telco also reiterated its “strong commitment ...

Quick take: Berjaya Food stock down despite profit

14 Jun 2019 - The Star Online
KUALA LUMPUR: Berjaya Food Bhd (BFood) stock is down 3% despite a positive fourth quarter ended April 30, 2019 earnings report. The food and beverage group fell 3.39%, or six sen to RM1.71. Year-to-date, the counter has gained some 22%. It is currently trading at a PE ratio of about 24 times. BFood’s ...

Shares of 7-Eleven slide, short selling suspended

14 Jun 2019 - The Star Online
KUALA LUMPUR: Shares of 7-Eleven Malaysia fell as much as 23 sen to RM1.27 early Friday, forcing the suspension of the short-selling activities for the rest of the day. At 9.19am, the share price was down 23 sen or 15.3% with just 500 shares done. The FBM KLCI rose 0.17% to 1,643.91. Turnover was 219.55 ...

Blue chips hold steady underpinned by Genting

14 Jun 2019 - The Star Online
KUALA LUMPUR: Blue chips were steady in early Friday trade, underpinned by Genting and Petronas Dagangan while Lafarge Malaysia rallied on hopes of a hike in cement price and the East Coast Rail Link (ECRL) projects. At 9.31am, the FBM KLCI was up 0.99 of a point or 0.06% to 1,644.73. Turnover was 282.68 ...
klse:5681 sgx:g13 klse:3182 klse:3794