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Notable filings
Over the period of Aug 25 to 28, notable shareholding changes at Bursa Malaysia-listed companies included those at hotel owner and operator Avillion Bhd (KL:AVI).
Low Yi Ngo, the son of Indonesian coal mining billionaire Low Tuck Kwong of PT ...
Notable filings
During the week of Aug 11 to 15, notable shareholding changes at Bursa Malaysia-listed companies included those at Compugates Holdings Bhd (KL:COMPUGT), which saw 10 million shares change hands between two directors of the information technology produc...
KUALA LUMPUR: Bursa Malaysia opened slightly firmer on Tuesday but reversed course within minutes, with the benchmark slipping as local shares tracked Wall Street’s overnight pullback.
KUALA LUMPUR: The FBM KLCI was slow out of the blocks as traders digested the previous day's gains, which had extended the overbought valuations of the stocks.
KUALA LUMPUR: Avillion Bhd has announced that Low Yi Ngo, a Singaporean and son of Indonesian coal billionaire Low Tuck Kwong of PT Bayan Resources Tbk, has acquired a 9% stake in the company.
David Low Yi Ngo, son of Indonesian coal billionaire Low Tuck Kwong of PT Bayan Resources Tbk, has bought a 9% stake in cash-strapped Avillion Bhd (KL:AVI) for an estimated RM9.25 million at 7 sen per share — higher than the recent private placement price of 4 sen per share.
KUALA LUMPUR (Aug 18): theedgemalaysia.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon close on Monday. Two showed positive momentum, while the other four showed negative momentum.
Hotel operator Avillion Bhd (KL:AVI) has seen the emergence of Lim Chai Hock as its second largest shareholder, following his acquisition of 213 million shares representing a 15% stake in the company via a private placement.
Last week, several public-listed companies found themselves in the spotlight over concerns raised by their auditors about their financial positions. Among the companies was APB Resources Bhd (KL:APB), which disclosed to the stock exchange regulator that its external auditor had issued a qualified...