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Quick take: Sedania jumps 63% in early trade

12 Apr 2019 - The Star Online
KUALA LUMPUR: Shares in Sedania Innovator Bhd jumped 63% in early trade on Friday. The counter, one of the top gainers on Bursa Malaysia, jumped 63.64%, or 10.5 sen to 27 sen with 33 million shares traded. On Monday, Sedania announced that it is partnering with a consultancy firm specialising in Islamic ...

Quick take: PetChem, Dialog fall after explosion at Pengerang

12 Apr 2019 - The Star Online
KUALA LUMPUR: Shares of Petronas Chemicals Group Bhd (PetChem) and Dialog Group Bhd fell on Friday after a fire and explosion occurred at the Pengerang Integrated Complex in Johor. PetChem, of of the top losers on Bursa Malaysia, shed 1.56%, or 14 sen to RM8.82 with 3.13 million shares done. Dialog fell ...
klse:7277 klse:5183

Mild rebound in Tenaga lifts KLCI, RHB Bank climbs

12 Apr 2019 - The Star Online
KUALA LUMPUR: Tenaga Nasional managed to stage a rebound early Friday to help shore up the FBM KLCI following the selldown the previous day. At 9.27am, the KLCI was up 1.55 points or 0.1% to 1,625.78. Turnover was 394.98 million shares valued at RM158.61mil. There were 213 gainers, 137 losers and 243 ...
klse:5347 klse:1066

Maybank has new ‘Carisma’

12 Apr 2019 - The Star Online
KUALA LUMPUR: Malayan Banking Bhd (Maybank) will be rolling out a new integrated system for businesses to better manage their assets, liabilities and risks. The country’s largest bank in terms of assets has been developing the system for the past two years, which is called the Capital Adequacy and Risk ...

Ta Win in JV to produce high-margin cable products

12 Apr 2019 - The Star Online
PETALING JAYA: Enamelled copper wire and rod manufacturer Ta Win Holdings Bhd is set to expand its production capacity and manufacture high-margin products, following its latest partnership to make cables using electron beam irradiation technology in Malaysia. The loss-making company told the stock exchange ...

CMS confident of getting job extension

12 Apr 2019 - The Star Online
KUALA LUMPUR: Cahya Mata Sarawak Bhd (CMS) is confident of getting an extension for its state road maintenance concessions in Sarawak, which will end in less than two months, according to chief executive officer Datuk Isaac Lugun. The company maintains 6,260km of state roads, as well as 680km of federal ...
klse:2852 hkex:867

Tenaga, under pressure, pushes KLCI to Dec 2016 low

11 Apr 2019 - The Star Online
KUALA LUMPUR: Tenaga Nasional came under selling pressure on Thursday after its major shareholder Khazanah Nasional disposed of 85 million shares for RM1bil. The slide in the power giant's share price weighed heavily on the already cautious stock market where the FBM KLCI closed down 15.23 points or ...

Tenaga sees RM2.5b erased from market cap

11 Apr 2019 - The Star Online
KUALA LUMPUR: Tenaga Nasional Bhd 's share price saw RM2.50bil erased from its market capitalisation after its shares slumped to the lowest in March 2016. At midday, it was down 44 sen to RM12.24 sen and weighed on the FBM KLCI. The KLCI fell 11.35 points or 0.69% to 1,628.11. Trading volume was 2.42 ...

DRB-HICOM in talks with two other car brands

11 Apr 2019 - The Star Online
MELAKA: DRB-Hicom Bhd is in talks with two other auto brands to assemble their vehicles. Its CEO Datuk Seri Syed Faisal Albar Syed Ali Rethza Albar said he thinks the earliest a deal could be possibly sealed is in 2020. “We cannot share more details at this point in time since it will also depend on ...

TNB drags on KLCI, oil prices fall on slowing outlook

11 Apr 2019 - The Star Online
KUALA LUMPUR: Tenaga Nasional pulled the FBM KLCI lower after falling 44 sen to a two-year low of RM12.14. Over the broader index, equities were routed in morning trade as a series of negative factors plagued the investment landscape. A growing trade dispute between the US and Europe looked set to worsen ...