Trade Shares or Stocks in Bursa Malaysia

News in brief @ 30 January 2012

Webmaster — Sun, 29 Jan 2012 21:24:58 +0000

1) Hong Kong-listed Samling Global Ltd (SGL) is proposing to take Lingui Developments Bhd and and its associate company, Glenealy Plantations (Malaya) Bhd, private. Both companies are controlled by the diversified Miri-based Samling Group, which is headed by Tan Sri Yaw Teck Seng. Announcing SGL’s privatisation proposals to Bursa Malaysia on Friday, both [...]

Khazanah divesting Proton to DRB-Hicom

Webmaster — Mon, 16 Jan 2012 07:52:37 +0000

Khazanah Nasional Bhd has announced that it will divest its 42.74 per cent stake in Proton Holdings Bhd to DRB-Hicom Bhd via a conditional sale with a price consideration of RM5.50 per share or RM1.291 billion. In a statement today, Khazanah said the decision was made following due deliberation and detailed [...]

Designated status uplifted – Harvest Court

Webmaster — Sun, 08 Jan 2012 04:56:31 +0000

The securities of Harvest and Harvest-WA will be traded on a Ready Basis from January 9, 2012, says Bursa Malaysia Kuala Lumpur: Bursa Malaysia has lifted the designated securities status of Harvest Court Industries Bhd, about seven weeks after trading restrictions were imposed on the timber company. Trading of the company’s [...]