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1-10 results from 1000 for query «bursa»

June 22, 2018 9:54 AM Icon Offshore receives RM23m vessel contract

PETALING JAYA: Icon Offshore Bhd has bagged a RM23 million contract to provide one utility vessel to Hess Exploration and Production Malaysia B.V. It told Bursa Malaysia that the contract is for a period of three years with two extension options of one year each. The contract is expected to contribute positively to Icon Offshore's earnings, order book and net assets 4

June 21, 2018 1:35 PM The worrying Bursa Malaysia trend

They say the stock market is the ‘barometer’ of the public’s confidence level on a country’s economic and political stability. It also shows the public’s confidence on a country’s leadership and the direction the country is going. If this is true, then what is happening in the Bursa Malaysia does not bode well for the confidence level on Malaysia. Politicians 6

June 21, 2018 1:00 PM Kenanga appointed underwriter of Nova Wellness IPO

KUALA LUMPUR: Nova Wellness Group Bhd, which is involved in the nutraceutical industry in Malaysia, has signed an official underwriting agreement recently with Kenanga Investment Bank Bhd for its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd (Bursa Securities). Kenanga Investment will act as the company’s principal 4

June 20, 2018 1:37 PM Gabungan AQRS bags RM60m project

PETALING JAYA: Gabungan AQRS Bhd has been awarded a sub-contract worth RM60.22 million for the execution and completion of sub-structure, toll plaza building and motorcycle lane works of the Elevated Sungai Besi-Ulu Kelang Highway privatisation project. In a filing with Bursa Malaysia today, the group said its wholly owned subsidiary Gabungan Strategik 4

June 20, 2018 11:07 AM MYEG explores payment processing in the Philippines

PETALING JAYA: MY E.G. Services Bhd (MYEG) is looking to register its associate company I-Pay MYEG Philippines Inc as a financial technology solutions business enterprise license applicant in the Cagayan Special Economic Zone and Freeport. In a filing with Bursa Malaysia today, MYEG said I-Pay MYEG has entered into a memorandum of understanding (MOU) 4

June 20, 2018 5:45 AM MRCB's Salim to retire on July 2

PETALING JAYA: Malaysian Resources Corporation Bhd's Group Managing Director Tan Sri Mohamed Salim Fateh Din, will retire on July 2, 2018 to make way for his son Mohd Imran Mohamad Salim to takeover helm of the group. The stock was up half a sen at 65 sen with some 2.3 million shares changing hands, at the end of morning trade. Mohd Imran, an executive 3

June 20, 2018 2:42 AM Bursa Malaysia snaps eight-day losing streak, opens higher

KUALA LUMPUR: Bursa Malaysia snapped an eight-day losing streak to open higher today as bargain-hunting took place. The local bourse slumped to an over six-and-a-half month low at yesterday's close. But at 9.08am today, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 10.02 points stronger at 1,725.38 from Tuesday's close of 1,715.36. On the broader 10

June 19, 2018 2:54 PM Iskandar Waterfront City settles RM32.23m tax bill

PETALING JAYA: Iskandar Waterfront City Bhd (IWCity) has fully settled the RM32.23 million tax bill imposed by the Inland Revenue Board (IRB). IWCity told Bursa Malaysia that its wholly owned subsidiary Tebrau Bay Constructions Sdn Bhd (TBCSB), following the full settlement of the taxes claimed, today received the sealed court order dated May 20, 2018 that the writ and the Malaysian 5

June 19, 2018 11:53 AM GHL Systems: RM40m from private placement to finance purchase of Paysys

PETALING JAYA: GHL Systems Bhd will be deploying RM40 million out of the RM84.5 million raised from a private placement exercise, to fund the proposed acquisition of Paysys (M) Sdn Bhd to expedite the process. The group had previously stated in a circular to its shareholders dated May 16, 2018 that the acquisition will be funded through a combination 5

June 19, 2018 10:29 AM Bursa Malaysia ends at over 6 1/2-month low

KUALA LUMPUR: Bursa Malaysia ended at a six-and-a half month low with the FTSE Bursa Malaysia KLCI (FBM KLCI) losing 28.07 points or 1.61% to 1,715.36, the lowest level seen since Dec 4, 2017, in tandem with losses in regional bourses which were reeling under the escalating trade war between the United States and China. The index opened 5.23 points weaker 4