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Property developer Y&G Corp Bhd’s (KL:Y&G) plan to acquire five plots of land totalling 548.4 acres in Selangor for RM477 million in cash has raised eyebrows.
KUALA LUMPUR: DRB-Hicom Bhd, Citaglobal Bhd, Critical Holdings Bhd, Carzo Holdings Bhd, Y&G Corp Bhd, Hup Seng Industries Bhd, HCK Capital Group Bhd, and Inta Bina Group Bhd are among the stocks to watch following their latest news.
Y&G Corp Bhd (KL:Y&G) plans to acquire 548.4 acres of land from the family of its managing director and major shareholder, Datuk Seri Yap Seng Yew, for RM477 million, cash.
BTM Resources Bhd (KL:BTM) announced on Monday that its chief financial officer, Ooi Gin Hui, has resigned from the board with immediate effect, citing uncertainty in the business direction and orientation of the Terengganu-based wood processing firm.
Notable filings
During the week in review, major shareholding changes in companies listed on Bursa Malaysia included the disposal of 11.5 million shares, or a 1.22% stake, in RGT Bhd by Vertical Portal Sdn Bhd on Feb 17.
According to RGT’s filings ...
KUALA LUMPUR (Nov 3): theedgemarkets.com highlighted two stocks with negative momentum at Bursa Malaysia’s afternoon close on Wednesday (Nov 3).
The stocks were:
RGT Bhd — up two sen at 73.5 sen
Y&G Corp Bhd — up one sen at RM1.66
...
KUALA LUMPUR: Y&G Corp Bhd, via its subsidiary, will be acquiring nine parcels of freehold land measuring 43.637 acres in Kuala Selangor for RM14.5mil.
KUALA LUMPUR (Sept 14): theedgemarkets.com highlighted nine stocks with momentum at Bursa Malaysia’s afternoon close today. Eight stocks showed negative momentum, while only one stock displayed positive momentum.
The stocks with negative momentum were:
Hextar Global Bhd — up five ...
KUALA LUMPUR (Sept 10): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon close today. All seven stocks displayed negative momentum.
The stocks with negative momentum were:
iDimension Consolidated Bhd - up one sen at 13 sen
Eversafe Rubber ...
KUALA LUMPUR (July 13): The FBM KLCI closed 0.44% higher, thanks to late buying support in selected index-linked stocks, particularly glove, telco and plantation counters.
At 5pm, the FBM KLCI was up 6.67 points at 1,519.56 points, after hovering between 1,513.54 points and 1,520.03 points.
Hartalega ...