Malaysai News Highlights for Thrusday

Posted by Trading Advisor on 6:59 PM with No comments
  • Malaysia share prices opened lower on Thursday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 5.88 points to 1819.66.
  • Daya Materials Bhd has accepted Perfect Propel Sdn Bhd's request to forego the put option and reduce the price for call option shares of RM8.80 regarding the sale of its 30% stake in Daya CMT Sdn Bhd.
  • The Malaysian Investment Development Authority (Mida) which will be organising a series of global supply chain conferences throughout the year,   hosted an aerospace and commercial supplier conference to spur further investments in the aerospace industry.
  • Integrax Bhd's board of directors have advised its minority shareholders to reject the revised take-over offer of RM3.25 a share by Tenaga Nasional Bhd (TNB).
  • The Centre for Public Policy Studies (CPPS) Malaysia has recommended a Single Pricing Policy in order to establish a fair playing field for all businesses and eliminate hidden costs.
  • Kwasa Land Sdn Bhd, a fully owned subsidiary of Employees Provident Fund, will make RM65 million, inclusive of its revenue guarantee, from its first bumiputra residential development, Project R3-2, in Kwasa Damansara.
  • Bursa Malaysia Derivatives Bhd (Bursa Derivatives) expects the trading of crude palm oil futures  to hit a new high of 325 million tonnes in 2015, a 29% jump from the record 252 million tonnes in 2014.
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