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EVEN as overall trading activity on the local stock market remained subdued this year, Bursa Malaysia hit its target of 60 initial public offerings (IPOs), placing Malaysia top of the Asean IPO market in terms of listing numbers.
But underscoring the competition for investor interest, t...
theedgemalaysia.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon close on Tuesday. Three showed positive momentum, while three showed negative momentum.
PETALING JAYA: Shares of FACB Industries Incorporated Bhd, the parent company of Dreamland mattresses, surged by nearly 30% after the son of its late founder proposed to privatise the company.
KUALA LUMPUR (July 21): FACB Industries Incorporated Bhd (KL:FACBIND) has received a privatisation offer worth RM134 million from the son of its late founder.