Malaysian[KLSE] Stock HighLights for Thrusday

Posted by Trading Advisor on 8:34 PM with No comments
  • Malaysia share prices opened lower on Thursday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 8.26 points to 1790.69.
  • Dufu Technology Corp Bhd, which last month denied claims that it was a takeover target, has received a letter alleging that certain senior management had misappropriated funds totalling RM3.9 million.
  • Tanjung Offshore Bhd has lodged a police report against two directors who have been suspended from their executive positions following the findings of the company's Independent Committee.
  • Kwasa Land Sdn Bhd, has awarded Project R3-2, an 8.79-acre residential development within Kwasa Damansara, to Impiana Land & Development Sdn Bhd.
  • Glove manufacturers will see less downward margin pressure in 2015 due to a weaker ringgit arising from the decline in global oil prices, said Supermax Corp Bhd's CEO.
  • Fitch Ratings appears to have made up its mind to downgrade Malaysia's sovereign ratings in late May or early June this year unless there are more convincing fiscal measures being introduced from now till May 2015.
  • Hibiscus Petroleum Bhd's wholly owned unit, Carnarvon Hibiscus Pty Ltd (CHPL), will begin drilling an exploration well in VIC/P57 offshore Australia in June 2015.
  • Tenaga Nasional Bhd's future prospects remain promising despite the new tariff adjustment and three per cent loss in its shares.