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Ancom Nylex Bhd (KL:ANCOMNY) said it has signed a second supplemental agreement with its 33.96%-owned subsidiary Ancom Logistics Bhd (KL:ANCOMLB), Greenheart Sdn Bhd and other vendors to revise the terms of their proposed reverse takeover (RTO) involving Green Lagoon Technology Sdn Bhd.
PETALING JAYA: Analysts remain positive on Ancom Nylex Bhd's earnings outlook for the financial year ending May 31, 2026 (FY26), underpinned by the commercial rollout of new agrochemicals, stronger export performance and ongoing cost optimisation initiatives.
This week, outgoing US President Joe Biden’s administration will finalise rules to crack down on Chinese vehicle software and hardware, touting national security concerns.
Capital raising is essential for business growth but presents challenges for mid-tier companies and small and medium enterprises (SMEs), especially in understanding and navigating the complexities of the capital market.
THE reverse takeover (RTO) of Ancom Logistics Bhd by Green Lagoon Technology Sdn Bhd, a company that is involved in the development of palm oil mill effluent (POME) anaerobic lagoon biogas-to-power projects, will result in the total decarbonisation of the former’s holding company Ancom Nylex Bhd....
Ancom Nylex Bhd has sorted out issues with importing intermediates of Chemical T from China by securing necessary clearance and permits, says Hong Leong Investment Bank Research (HLIB Research).
KUALA LUMPUR: HLIB Research has reduced Ancom Nylex Bhd's projected earnings for the fiscal years 2024, 2025, and 2026 (FY24/FY25/FY26) by 11 per cent, 9 per cent, and 5 per cent respectively.This adjustment is attributed to delays in bringing Chemical T to ...
theedgemalaysia.com highlighted seven stocks with momentum at Bursa Malaysia's afternoon close on Tuesday. Two stocks showed positive momentum while five indicated negative momentum.
Bursa Malaysia stayed higher at midday on Tuesday, in line with regional bourses’ upbeat performance.
At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.02 points, or 0.32% to 1,564.61 from Monday's close of 1,559.59.
KUALA LUMPUR: Ancom Nylex Bhd's 34%-owned subsidiary Ancom Logistics Bhd (ALB) has proposed to acquire the entire share capital of Green Lagoon Technology Sdn Bhd for RM120mil, in exchange for one billion new shares in ALB at an issue price of 12 sen per share.
KUALA LUMPUR: Bursa Malaysia closed in positive territory in line with the regional sentiment recovery. At 5.00pm today, the FBM-KLCI rose 12.02 points to close at 1,559.59.There were 764 gainers, 331 losers and 420 counters traded unchanged on the Bursa Malaysia.The benchmark index, ...