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Bursa Malaysia's barometer index ended firmer yesterday, reversing losses earlier in the day to close 0.21% higher – a new high this year – driven by late buying activity amid signs of year-end window dressing.
KUALA LUMPUR: FTSE Bursa Malaysia KLCI (FBM KLCI) ditutup tinggi pada Isnin, didorong oleh pembelian berterusan dalam kaunter wajaran tinggi sektor pembinaan, utiliti dan perkhidmatan kewangan.
KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended higher on Monday, supported by sustained buying of heavyweight counters in the construction, utilities and financial services sectors.
Paper packaging manufacturer Master-Pack Bhd’s (KL:MASTER) second-quarter net profit dropped 74% due to lower margins from price cuts and a RM130,000 foreign exchange loss.
Muhibbah Engineering (M) Bhd, a company known for its growth through strategic mergers and acquisitions (M&As), is once again on the acquisition trail.
Muhibbah Engineering (M) Bhd (MEB) has acquired 12.52 million Master-Pack Group Bhd (MPGB) shares for RM54.65mil cash at an average price of RM4.36 per share.
KUALA LUMPUR: Muhibbah Engineering (M) Bhd’s (MEB) wholly-owned subsidiary, ITS Konsortium Sdn Bhd (ITSK), has acquired 12.52 million ordinary shares in Master-Pack Group Bhd (MPGB) for RM54.65 million.
KUALA LUMPUR: Muhibbah Engineering (M) Bhd (MEB) has acquired 12.52 million Master-Pack Group Bhd shares for RM54.65mil cash at an average price of RM4.36 per share.
Oil and gas services provider Muhibbah Engineering (M) Bhd (KL:MUHIBAH) has increased its stake in Master-Pack Group Bhd (KL:MASTER) — whose shares recently hit a record high — to 31%.