Author Archive: The Sun Daily

rss feed

Author's Website

GFM Services proposes transfer listing to Main Market

GFM Services proposes transfer listing to Main Market

PETALING JAYA: Integrated facilities management firm GFM Services Bhd has proposed a transfer listing from the ACE Market to Main Market of Bursa Malaysia. The company said in a filing with the stock exchange, it has met the historical profit track record and other relevant requirements as set out in the Equity Guidelines for the […]

July 5, 2017 | By | Reply More
Damansara Realty consortium wins RM26.21 million Rapid job

Damansara Realty consortium wins RM26.21 million Rapid job

PETALING JAYA: Damansara Realty Bhd’s (DBhd) consortium has clinched a RM26.21 million contract to provide security management services for Petronas’ Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, Johor. The group said in a statement that the contract can be extended to include additional services worth RM9.77 million. The consortium consists of DBhd’s 95.5%-owned […]

July 5, 2017 | By | Reply More
Asia Bioenergy most active counter in morning session

Asia Bioenergy most active counter in morning session

PETALING JAYA: Asia Bioenergy Technologies Bhd, a techchnology incubation and investment holding company, was the most actively traded stocks on Bursa Malaysia in the early session today. As at 12.30pm today, the counter was traded slightly lower, easing 3.12% or half a sen to 15.5 sen with 48.17 million shares changing hands. Its market capitalisation […]

July 5, 2017 | By | Reply More
Multi-Sports gets show-cause letter on delisting

Multi-Sports gets show-cause letter on delisting

PETALING JAYA: China-based Multi-Sports Holdings Ltd (MSports) has received a show-cause letter from Bursa Securities on the delisting of the company, following the rejection of its application for a further extension of time to submit its financial statements. MSports has failed to announce/issue quarterly report for the financial year ended June 30 and September 30, […]

July 5, 2017 | By | Reply More
Aeon Credit shares rise after Q1 earnings grew 21%

Aeon Credit shares rise after Q1 earnings grew 21%

PETALING JAYA: Aeon Credit Service (M) Bhd’s share price rose 3.15% this morning following a 21% jump in its net profit for the first quarter (Q1) ended May 31, 2017. At 11.27am today, the shares rose 60 sen to RM19.68 on some 159,700 shares traded. Its market capitalisation stood at RM2.748 billion. The non-bank lender […]

July 5, 2017 | By | Reply More
Majuperak shares continue to rise after trading halt ends

Majuperak shares continue to rise after trading halt ends

PETALING JAYA: Majuperak Holdings Bhd’s share price rose 4.59% or 2.5 sen this morning following the end of its trading freeze. At 10.22am today, Majuperak shares gained 2.5 sen to 57 sen, with a market capitalisation of RM108.144 million. A total of 2.38 million shares changed hands. The group, which saw its share price spike […]

July 5, 2017 | By | Reply More
AOB: Key audit matters disclosure a must

AOB: Key audit matters disclosure a must

PETALING JAYA: Under the New and Revised Auditor Reporting Standards, auditors are required to disclose key audit matters in their reports, leading to a more informative and tailored reporting specific to the clients’ circumstances, according to the Securities Commission’s (SC) Audit Oversight Board (AOB) Annual Report 2016. This is in contrast to the present reporting […]

July 5, 2017 | By | Reply More
Ringgit marginally higher in early trade

Ringgit marginally higher in early trade

KUALA LUMPUR: The ringgit was marginally higher against the US dollar this morning after a quiet start to trading on Monday due to increasing demand for the local currency, a dealer said.  At 9am, the ringgit was traded at 4.2955/2985 against the greenback from 4.2965/2995 on Tuesday. A dealer said mixed views on Malaysia’s economy had sent investors into cautious mode. “The Nikkei Malaysia Manufacturing Purchasing […]

July 5, 2017 | By | Reply More
Projects that beckon miles of smiles

Projects that beckon miles of smiles

CONTINUING from our article published yesterday on the interview with Khind Starfish Foundation CEO Cheng Ping Keat. Q: I noticed these projects are conducted by local and private university students. Will they be open to students back on semester breaks from their studies abroad? As long as you are an undergraduate student from a local […]

July 5, 2017 | By | Reply More
Ringgit closes marginally higher against US dollar

Ringgit closes marginally higher against US dollar

KUALA LUMPUR: The ringgit closed marginally higher against the US dollar today on firm demand for the local note, said a dealer. At 6pm, the local note was traded at 4.2960/2990 from 4.2965/2995 against the greenback on Monday. OANDA Senior Trader, Stephen Innes, said despite firmer buying appetite on the back of firmer oil prices […]

July 4, 2017 | By | Reply More