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Spotlight on 3-in-1 merger
Temasek Formation looking for commodity acquisitions post merger KUALA LUMPUR: Over the week, it was the 3-in-1 merger of Jotech Holdings Bhd, AIC Corp Bhd and AutoV Corp Bhd which hogged the news. Temasek Formation Sdn Bhd, the vehicle of Datuk Goh
Goh Tian Chuan gets nod to merge Jotech, AIC and AutoV
KUALA LUMPUR (Jan 30): Datuk Goh Tian Chuan’s special purpose vehicle Temasek Formation Bhd (TFB) has received the Securities Commission’s approval to merge JOTECH HOLDINGS BHD [], and AIC CORPORATION BHD [] and AutoV Corporation Bhd. The proposed
Bursa Malaysia updates classification for 10 companies
KUALA LUMPUR: Bursa Malaysia Bhd has updated the classification of sectors for 10 listed companies which will come into effect this Friday, April 27. It said on Tuesday that Nakamichi Corporation Bhd and Master-Pack Group Bhd would be reclassified from
Kian Joo MD See Teow Chian retires
KUALA LUMPUR (Jan 5): KIAN JOO CAN FACTORY BHD []'s managing director Datuk See Teow Chuan has retired with effect from Thursday. The company said that See, 71, ceased to be the managing director after his contract of service expired on Thursday.
SC cautions investors on speculative penny stocks
KUALA LUMPUR: Securities Commission (SC) chairman Tan Sri Zarinah Anwar has warned investors to be cautious over the rising number of penny stocks whose prices have skyrocketed of late without material corporate developments. “I would like to remind
Globaltec to listed on Bursa next week
Globaltec Formation Bhd, formerly known as Temasek Formation Bhd, will be listed on the Main Market of Bursa Malaysia Securities Bhd on May 31. In a statement today, Globaltec said a total of 5.27 billion shares would be quoted and the market