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KLSE News: 2 Oct 2014 – Tomypak Holdings Bhd’s substantial shareholders are selling 25.48% of the company’s paid-up capital…

Tomypak Holdings Bhd’s substantial shareholders are selling 25.48% of the company’s paid-up capital to New Orient Resources Sdn Bhd. Tomypak said the stake comprised of 27.8m shares of 50 sen each in the capital of Tomypak at the price of RM1.30 per share. Tomypak said the first vendor was its director and substantial shareholder Chow […]

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KLSE News: 30 Sep 2014 – Sheikh Mansour (Zayed Al Nahyan), Abu Dhabi’s deputy prime minister and minister of presidency affairs…

Sheikh Mansour (Zayed Al Nahyan), Abu Dhabi’s deputy prime minister and minister of presidency affairs, has sent a letter to prime minister, Datuk Seri Najib to express concern about EPF’s right to vote in the proposed merger between RHB Capital, CIMB Group and Malaysia Building Society Bhd (MBSB). Abu Dhabi’s strategic investment company, Aabar Investments […]

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KLSE News: 29 Sep 2014 – Malaysia, the world’s second biggest palm oil producer, could extend duty free exports…

Malaysia, the world’s second biggest palm oil producer, could extend duty free exports until the end of this year if prices of the tropical oil remain at current levels, a leading palm oil producer told Reuters. Palm oil prices will decline as the world’s most-used edible oil is no longer competitive against alternatives even after […]

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KLSE News: 26 Sep 2014 – Malaysian palm oil futures stretched gains into a third day on Thursday…

Malaysian palm oil futures stretched gains into a third day on Thursday to touch their highest in more than six weeks, buoyed by robust demand and expectations that output would drop this month. Market players said that firm export demand, coupled with weaker palm yields in September, would prevent another big rise in inventories in […]

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KLSE News: 24 Sep 2014 – Malaysia and Bangladesh signed a government-to-government Memorandum of Understanding…

Malaysia and Bangladesh signed a government-to-government Memorandum of Understanding (MoU) for Tenaga Nasional Bhd (TNB) and Powertek Bhd to implement a RM6bn power plant project. Out of the nine proposals that have been submitted to build a casino in the Catskills and Hudson Valley, which is viewed as the most attractive of locations in upstate […]

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KLSE News: 23 Sep 2014 – British American Tobacco Malaysia Bhd (BAT Malaysia) and JT International Bhd (JTI Malaysia) yesterday reverted to the old prices…

British American Tobacco Malaysia Bhd (BAT Malaysia) and JTInternational Bhd (JTI Malaysia) yesterday reverted to the old pricesfor all its cigarette brands. The two cigarette manufacturers’ about-turn camebarely a month after the price of a pack of 20s was raised by RM1, citing thechallenging operating environment due to mounting inflationary cost pressure.”In order to remain […]

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KLSE News: 22 Sep 2014 – Developers and property agents were thrown into a flux last week over a new set of guidelines…

Developers and property agents were thrown into a flux last week over a new set of guidelines on property purchases in Selangor by foreigners,permanent residents and foreign companies. Affin Holdings Bhd’s asset management arm has proposed an acquisition of the entire interest in the Asian Islamic Investment Management Sdn Bhd (AIIM) for RM23m. The exercise […]

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KLSE News: 19 Sep 2014 – Positive consumer sentiment drove vehicle sales higher to 51,125 units in August against

Positive consumer sentiment drove vehicle sales higher to 51,125 units in August against 51,106 units sold in same month last year, said the Malaysian Automotive Association (MAA). Sales in the commercial vehicle segment increased to 6,227 units from 6,052 units last year but passenger vehicle segment sales slipped to 44,898 units from 45,054 units recorded […]

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