News about securities

KUALA LUMPUR (Feb 27): Malaysia Pacific Corp Bhd’s (MPCorp) net loss has narrowed by 8.

KUALA LUMPUR (Feb 22): Securities Commission Malaysia (pictured) today charged two individuals at the Kuala Lumpur Sessions Court for insider trading involving the shares of Johor Land Bhd (JLand) in 2009.

Ikhmas Jaya Group Bhd (Feb 2, 56 sen) Maintain buy with an unchanged target price (TP) of 75 sen: Ikhmas Jaya Group Bhd recently announced that it had accepted a letter of award from Mudajaya Corp Bhd to undertake subcontract bored pilling works (Zone 2 and Zone 3) for light rail transit (LRT) 3 package GS01.

KUALA LUMPUR (Jan 25): The High Court has ordered the founder and director of WCT Bhd (now known as WCT Holdings Bhd), Chan Soon Huat, to pay a RM3.

KUALA LUMPUR (Jan 15): The Mofaz group of companies has set out towards what would be its maiden listing in at least three years’ time via its property and construction business after acquiring a majority stake in a Chinese family-owned contractor.

KUALA LUMPUR (Jan 3): Kerjaya Prospek Group Bhd is proposing to undertake a bonus issue of up to 677.

KUALA LUMPUR (Dec 21): IOI Properties Group Bhd's wholly-owned subsidiary Fortune Premiere Sdn Bhd (FPSB) has issued RM100 million sukuk to refinance its debt, fund its capital expenditure and for working capital.

KUALA LUMPUR (Dec 15): LBS Bina Group Bhd will set up a RM500 million Sukuk Murabahah programme to finance future acquisitions and development cost of the projects undertaken by the group, to repay borrowings, as well as for working capital.

KUALA LUMPUR (Dec 4): Taking on its first build-to-suit project last year after obtaining a waiver from the Securities Commission Malaysia to undertake property development activities has whet Axis Real Estate Investment Trust’s (Axis REIT) appetite for more.

KUALA LUMPUR (Nov 16): Sime Darby Property Bhd's first quarter net profit rose 183% to RM421.