KUALA LUMPUR: Bursa Malaysia dibuka tinggi pada Selasa, menjejaki prestasi positif semalaman Wall Street.

KUALA LUMPUR: Bursa Malaysia opened higher on Tuesday, tracking the upbeat performance on Wall Street overnight.

It is not often that an external auditor withdraws from reappointment at the last minute. But that was what happened with ABM Fujiya Bhd (KL:AFUJIYA) at its annual general meeting (AGM) last week.

KUCHING: Automotive battery manufacturer ABM Fujiya Bhd (AFujiya) has expanded into the production of enhanced flooded batteries (EFB).

KUCHING: Zhejiang, China-based battery maker Jujiang Power Technology Co Ltd (JJ) has emerged as a joint-venture partner in ABM Fujiya Bhd (AFujiya) by taking a 40% stake in the latter’s indirect wholly-owned subsidiary, Fuya Energy Sdn Bhd (FESB).

It will be a pretty quiet week ahead as Christmas, which falls on Wednesday, will see most global economies’ markets closed except for China, Thailand, Japan and Vietnam. For Boxing Day, markets in Hong Kong, New Zealand, Australia, as well as most of Europe and Canada, will also be closed. North Korea will commemorate Constitution Day on Dec 27.

KUALA LUMPUR: Stocks to watch today include Capital A Bhd, Kerjaya Prospek Group Bhd, TAS Offshore Bhd, Pantech Group Holdings Bhd, LFE Corp Bhd, ABM Fujiya Bhd and MNRB Holdings Bhd.

Chinese battery maker Jujiang Power Technology Co Ltd is proposing to subscribe to a 40% stake worth RM48mil in ABM Fujiya Bhd’s (Afujiya) unit, Fuya Energy Sdn Bhd (FESB).

Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday.

（吉隆坡23日讯）富之亚（AFUJIYA,5198,主板工业产品服务组）表示，中国电池制造公司巨江电源将认购子公司Fuya能源私人有限公司的40％股权。根据文告，上述交易的总代价为4800万令吉，将被巨江电源此前垫付的大部分现金所抵销。本月初，富之亚与巨江电源签署备忘录，以探索在大马设立价值5亿令吉的新电池制造厂项目。...

PETALING JAYA: Chinese battery maker Jujiang Power Technology Co Ltd is proposing to subscribe to a 40% stake worth RM48mil in ABM Fujiya Bhd’s (Afujiya) unit, Fuya Energy Sdn Bhd (FESB).

（吉隆坡23日讯）ABM Fujiya Bhd（KL:AFUJIYA）指出，中国电池制造商巨江电源科技有限公司（Jujiang Power Technology Co Ltd）将认购其独资子公司40%股权，价值4800万令吉。

ABM Fujiya Bhd (KL:AFUJIYA) said on Wednesday that Chinese battery maker Jujiang Power Technology Co Ltd will subscribe for a 40% stake worth RM48 million in one of its wholly-owned unit.

The selloff across Bursa Malaysia on Monday amid recession fears in the US saw billion-ringgit companies by market capitalisation shed as much as 16% in value on a single trading day.

（吉隆坡5日讯）上周五公布的美国7月就业数据弱于预期，引发全球股市持续遭抛售，马股今日一度暴跌4.89%，创下自2020年3月13日新冠疫情期间以来的最大单日跌幅。

Malaysia's benchmark index fell as much as 4.89% on Monday, charting its worst day since March 13, 2020 during the Covid-19 pandemic, as weak July US jobs data report last Friday (Aug 2) sparked continued selling pressure in global equities.

KUALA LUMPUR: Bursa Malaysia and key regional markets fell early Friday as investor sentiment was affected by the overnight tumble on Wall Street.

KUALA LUMPUR (May 12): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon close on Thursday (May 12). Three stocks displayed positive momentum, while four showed negative momentum. The stocks with positive momentum were: Dynaciate Group Bhd — up half ...

KUALA LUMPUR (April 21): theedgemarkets.com highlighted 11 stocks with momentum at Bursa Malaysia’s afternoon close on Thursday (April 21). Three stocks showed positive momentum while eight stocks indicated negative momentum.  The stocks with positive momentum were:  Boustead Holdings Bhd — up two ...

KUALA LUMPUR (July 22): theedgemarkets.com highlighted 11 stocks with momentum at Bursa Malaysia’s afternoon close today. All 11 displayed negative momentum. The stocks with negative momentum were: Efficient E-Solutions Bhd — up one sen at 23.5 sen. Rev Asia Bhd — up 1.5 sen at 31 ...