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KUALA LUMPUR (May 29): ASM Automation Group Bhd has opened applications for its initial public offering (IPO) on the ACE Market of Bursa Malaysia, aiming to raise up to RM30.91 million.
SBH Marine Holdings Bhd is proposing to acquire vacant industrial land measuring 7.228 acres in Seberang Perai Tengah, Penang via a court sanctioned auction for RM18.9mil.
PETALING JAYA: SBH Marine Holdings Bhd is proposing to acquire vacant industrial land measuring 7.228 acres in Seberang Perai Tengah, Penang via a court sanctioned auction for RM18.9mil.
Frozen seafood products exporter SBH Marine Holdings Bhd (KL:SBH) has acquired a 7.228-acre vacant industrial land in Penang for RM18.9 million, to build its new corporate office.
Bursa Malaysia saw another impressive debut on Thursday — the third in as many days — with frozen seafood company Ocean Fresh Bhd (KL:OFB) opening at more than double its initial public offering (IPO) price.
Rakuten Trade said SBH Marine Holdings Bhd (KL:SBH) may extend its upward trajectory, after it broke out from its 11-week U-shaped recovery pattern, with a second consecutive white candle to surpass the 30 sen resistance on Wednesday.
Bursa Malaysia snapped seven consecutive days of losses to end higher yesterday as bargain-hunting emerged following the recent sell-off, says an analyst.
Recently listed SBH Marine Holdings Bhd (KL:SBH) posted a net profit of RM972,000 on the back of revenue of RM40.52 million in the first quarter ended March 31, 2024, derived from the processing and sale of frozen seafood products.