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theedgemalaysia.com highlighted three stocks with positive momentum and four stocks with negative momentum at Bursa Malaysia's afternoon close on Wednesday.
KUALA LUMPUR (Dec 31): Home appliance distributor Milux Corp Bhd (KL:MILUX) announced a slew of boardroom changes on Tuesday, including the resignation of its chairman and vice chairman following takeover by a new shareholder.
KUALA LUMPUR: Maxis Bhd, 99 Speed Mart Retail Holdings Bhd, Steel Hawk Bhd, Milux Corp Bhd, Carlsberg Brewery Malaysia Bhd, Westports Holdings Bhd and Fajarbaru Builder Group Bhd are among the stocks to watch on Monday.
Home appliance distributor Milux Corp Bhd (KL:MILUX) received an unconditional mandatory takeover offer on Friday from ABS Capital Sdn Bhd to acquire all the remaining shares it does not own, at 43.2 sen per share.
KUALA LUMPUR: Milux Corp Bhd has received an unconditional mandatory takeover offer notice at 43.2 sen per share from several joint offerors to acquire the remaining shares not held by them.