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April 26, 2018 5:35 AM PUC upbeat on theme park industry

PETALING JAYA: PUC Bhd, whose shareholders approved its acquisition of a 33% stake in Pictureworks Holdings Bhd, is upbeat on the theme park industry. "The theme park industry, in Asia particularly, is actually a fast growing market. Big players are constantly expanding their existing resorts like Shanghai Disneyland's grand opening of their Toy Story 3

April 25, 2018 3:52 AM Minetech Resources rise 5% on new solar plant contract

PETALING JAYA: Minetech Resources Bhd's share price rose half a sen or 5% this morning, after it bagged a contract to develop a large-scale solar photovoltaic plant in Manjung, Perak. At 11.13am, the stock stood at 10.5 sen with 429,200 shares changing hands. Yesterday, the group said its 70%-owned unit Coral Power Sdn Bhd has accepted the letter of award 11

April 25, 2018 3:36 AM Takaful Malaysia shares up after reporting 23% rise in Q1 earnings

PETALING JAYA: Syarikat Takaful Malaysia Bhd's share price rose 10 sen or 3.07% this morning, after announcing that its net profit jumped 23% to RM69.98 million in the first quarter ended March 31 from RM56.75 million a year ago. At 11.11am, the stock stood at RM3.36 with 45,000 shares changing hands, giving it a market capitalisation of RM2.8 billion 9

April 25, 2018 3:22 AM IHH shares fall further after Fortis binding bid

PETALING JAYA: IHH Healthcare Bhd's share price continued to fall by five sen or 0.82% this morning, after it revised its offer to make a combination of a binding and non-binding offer to sweeten the deal for India's Fortis Healthcare Ltd yesterday. At 10.52am, the stock stood at RM6.04 with 217,300 shares changing hands. It has a market capitalisation 9

April 24, 2018 4:35 AM Vizione share price falls after profit guarantee news

PETALING JAYA: Vizione Holdings Bhd’s share price fell one a sen this morning after it announced that its newly acquired Wira Syukur (M) Sdn Bhd achieved 34.6% of a two-year profit guarantee, in the first financial year. At noon, its share price was stood at 13 sen with 8.76 million shares traded. Yesterday, Vizione told Bursa Malaysia that Wira Syukur 6

April 23, 2018 1:51 PM Ideal United Bintang receives takeover offer

PETALING JAYA: Property developer Ideal United Bintang International Bhd has received an unconditional mandatory takeover offer from its chairman Tan Sri Ooi Kee Liang for 54 sen per share and 1 sen per warrant. Ooi, together with his spouse Puan Sri Phor Li Wei and ICT Innotech Sdn Bhd are the joint offerors. This offer came after ICT Innotech, in which 6

April 21, 2018 12:38 PM Russia 'welcomes' North Korea's nuclear declaration

MOSCOW: Moscow "welcomes" North Korea's Kim Jong Un's declaration on halting nuclear tests and calls on the US and Pyongyang to work together to reduce tensions, the Russian foreign ministry said in a statement on Saturday. "We welcome the declaration of the Working Party's Chairman Kim Jong Un on the halt of the Democratic People's Republic of Korea's 10

April 20, 2018 4:10 AM Destini's share price rise 3.37% after clinching Defence Ministry deal

PETALING JAYA: Destini Bhd’s share price rose 3.37% this morning after it was awarded a RM138 million contract by the Defence Ministry. At 11.36am, its share price was 3.37% or 1.5 sen higher at 46 sen with 3 million shares traded. The stock closed unchanged yesterday at 44.5 sen with a total of 1.3 million shares traded. Under the contract, Destini 8

April 19, 2018 1:05 PM Destini awarded RM138 million contract by Defence Ministry

PETALING JAYA: Destini Bhd’s unit Destini Prima Sdn Bhd has been awarded a RM138 million contract by the Ministry of Defence to provide maintenance, repair and overhaul (MRO) services and supply of safety and survival equipment to the Royal Malaysian Air Force. The contract is in addition to the RM98 million deal on MRO services and supply of safety 7

April 18, 2018 1:31 PM 7-Eleven Malaysia announces dividend share, cash payout

PETALING JAYA: 7-Eleven Malaysia Holdings Bhd, which today announced cash and shares distribution as dividends, is acquiring a 60% stake in foodstuff supplier Café Decoral Sdn Bhd for RM600,000. The group is paying out an interim single-tier cash dividend of 2.7 sen per ordinary share; and a share dividend distribution of 18.5 million treasury shares 8