Blumont Group disposes vacant land in Malaysia for RM20m
SINGAPORE (Sept 16): Blumont Group, one of the three counters in the middle of the penny stock saga in 2013, has disposed of a piece of vacant land it owns in Malaysia for RM20 million (S$6.
Dr Mahathir: Malaysia’s stock market will collapse completely if emergency declared
KUALA LUMPUR (Oct 24): Former prime minister Tun Dr Mahathir Mohamad (pictured) claimed today that Malaysia’s stock market will collapse completely if a state of emergency is declared in the country as the nation contends with the impact of the Covid-19 pandemic.
UEM Sunrise warns of scams using its name
KUALA LUMPUR (June 2): Property developer UEM Sunrise Bhd has cautioned the public to beware of scammers claiming to represent the company in a get-rich-quick investment scheme.
Market sell-off gives property privatisation opportunities
PETALING JAYA: The poor performance of property stocks due to the ongoing market sell-off is expected to open up a window of opportunity for substantial shareholders to privatise their listed companies at bargain basement prices, the Star reported yesterday.
Selangor not 'fully locked down', says police
PETALING JAYA (March 27): North Klang OCPD Asst Comm Nurulhuda Salleh denied the viral message saying that Selangor is in “Enhanced Movement Control (EMC)”.
GENM injects RM174.8m into Empire Resorts
KUALA LUMPUR (March 20): Genting Malaysia Bhd (GENM) has entered into a subscription agreement with Nasdaq-listed Empire Resorts Inc to inject US$40 million (RM174.
SC and Bursa say share trading to continue, no suspension
KUALA LUMPUR (March 19): The trading of shares will go on, said the Securities Commission (SC) and Bursa Malaysia in a joint statement today.
No reprieve for Bursa construction stocks as Malaysia imposes movement control order
KUALA LUMPUR (March 19): Bursa Malaysia’s construction index, which tracks share prices of builders listed on the exchange, settled down 13.
Rock-solid Public Bank sinks to seven-year low
KUALA LUMPUR (March 19): Public Bank Bhd, usually described as solid like a rock, suffered its largest single-day percentage drop in ten years, to close at RM13.
Construction stocks hit on Bursa Malaysia amid equity rout
KUALA LUMPUR (March 13): Construction stocks fell sharply this morning as investor sentiment turned negative on the local bourse amid views that there would be less infrastructure spending this year, compounded further by the global equity rout.
