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E&O back in the black in 4Q; STP2A on track to complete in 2H18

Property developer Eastern & Oriental Bhd (E&O) returned to the black in the fourth quarter ended March 31, 2017 (4QFY17), posting a net profit of RM49.44 million or 3.93 sen per share, compared with a net loss of RM14.4 million or 1.15 sen loss per share a year ago, driven by its property segment.

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Wing Tai hits limit up on take-over offer

Wing Tai Malaysia Bhd (WTM) shares hit limit up in thin trade this morning after its controlling shareholders offered to take company private at RM1.80 per share — 52% premium over its last traded price of RM1.18.

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