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  • Hartalega’s Q1 profit up 29.6% on higher sales

    August 7, 2018 1:33 PM 29

    PETALING JAYA: Hartalega Holdings Bhd’s net profit soared 29.6% to RM124.87 million for the first quarter ended June 30 compared with RM96.39 million, driven by higher sales volume and additional production capacity. The glove manufacturer said in a filing with the stock exchange that lower costs of nitrile, chemical and upkeep of plant and machinery

  • Advancecon bags river upgrade contract

    August 7, 2018 1:32 PM 28

    PETALING JAYA: Advancecon Holdings Bhd has been awarded a RM27.34 million contract by Sime Darby USJ Development Sdn Bhd, for the construction and completion of river upgrading works for Sungai Puloh and Sungai Parit Enam at Bandar Bukit Raja (Stage 2) in Klang. The group told Bursa Malaysia that the estimated contract duration is 12 months from site possession

  • Former Aircel CEO steps down from Maxis board

    August 7, 2018 1:30 PM 36

    PETALING JAYA: Maxis Bhd non-executive director Kaizad B. Heerjee has stepped down from his post after the telco was allegedly embroiled in illegal money trails in India. Kaizad, a Singapore national, was India’s Aircel Ltd CEO. He quit the debt-ridden firm last May. In a filing with Bursa Malaysia, Maxis said Kaizad’s resignation was due to personal

  • Inta Bina awarded RM62m construction job

    August 7, 2018 1:29 PM 29

    PETALING JAYA: Inta Bina Group Bhd has secured a construction contract worth of RM62.64 million. The group said in a filing with the stock exchange that its wholly owned subsidiary Inta Bina Sdn Bhd (IBSB) had on Aug 7 agreed and accepted the letter of award from DTLM Design Group Sdn Bhd for the appointment of IBSB as the main contractor to construct

  • (wkci) CI Holdings ventures into Nigeria's edible oils market

    August 7, 2018 6:25 AM 27

    PETALING JAYA: CI Holdings Bhd has set up a new subsidiary to venture into Nigeria's edible oils market. The group told Bursa Malaysia that its 60%-owned sub-subsidiary Palmtop Vegeoil Products Sdn Bhd together with PNC Oil Factory (Malaysia) Sdn Bhd, a subsidiary of Palmtop had on July 24 incorporated a new subsidiary, namely Tradekey PT Foods Nigeria

  • Only World Group's shares rise 3.59% after announcing bonus warrants issue

    August 7, 2018 4:09 AM 22

    PETALING JAYA: Only World Group Holdings Bhd’s share price rose 3.59% this morning after it announced plans to undertake a bonus issue of warrants. At 11.35am, the stock was 3.59% or 3.5 sen higher at RM1.01 with 612,700 shares traded. The group has proposed to undertake a bonus issue of warrants on the basis of one warrant for every two existing shares

  • Advance Synergy's shares rise 3.12% on news of its Helenium stake sale

    August 7, 2018 4:02 AM 23

    PETALING JAYA: Advance Synergy Bhd’s share price rose 3.12% this morning on news of the proposed disposal of its 40% stake in Helenium Holdings Ltd. At 11.35am, its share price was 3.12% or half sen higher at 16.5 sen with 12.54 million shares traded. The 40% stake, which is held by its indirect unit Synergy Realty Inc, will be sold to EEH Ventures Ltd for RM46.64 million

  • SKH's share price up 7.14% on news of diversification plan

    August 7, 2018 3:56 AM 30

    PETALING JAYA: SKH Consortium Bhd’s share price rose 7.14% this morning after it announced plans to diversify its business to include property development and property investment. At 11.34am, its share price was 7.14% or half sen higher at 7.5 sen with 5.17 million shares traded. As part of its diversification plan, SKH entered into a share sale agreement

  • KKB bags Petronas Carigali contract

    August 6, 2018 1:23 PM 24

    PETALING JAYA: KKB Engineering Bhd’s subsidiary OceanMight Sdn Bhd (OMSB) has been awarded a contract by Petronas Carigali Sdn Bhd for the provision of engineering, procurement, construction, commissioning of wellhead platforms for the D18 Phase 2 project. With the award of D18 Phase 2 project, the total combined contract sum for both D28 Phase 1 and D18 Phase

  • Foreign funds bought RM348.9 million last week

    August 6, 2018 1:22 PM 24

    PETALING JAYA: Global funds accumulated RM348.9 million net of local stocks last week, according MIDF Research. So far in 2018, it said global funds have been net buyers of Malaysian stocks for 15 out of 31 weeks. “After 13 uninterrupted weeks of foreign net selling of stocks listed on Bursa, global investors finally made their way to Malaysian shores