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theedgemalaysia.com highlighted eight stocks with momentum at Bursa Malaysia’s afternoon close on Thursday. Two stocks showed positive momentum, while six stocks showed negative momentum.
theedgemalaysia.com highlighted eight stocks with momentum at Bursa Malaysia’s afternoon close on Wednesday. Only one stock showed positive momentum, while seven stocks showed negative momentum.
Carimin Petroleum Bhd has proposed to privatise Sealink International Bhd in a deal valued at about RM165mil, as the offshore services provider seeks to expand its marine capabilities and strengthen its position in Malaysia's oil and gas sector.
KUALA LUMPUR: Carimin Petroleum Bhd, an oil and gas services and equipment company, has submitted a formal proposal regarding the privatisation of Sealink International Bhd.
Sealink International Bhd has secured a total settlement sum of US$17.28mil (RM68mil), following a fire incident involving one of its vessels in Brazil.
KUALA LUMPUR: Sealink International Bhd has secured a total settlement sum of US$17.28mil following a fire incident involving one of its vessels in Brazil.
Sealink International Bhd (KL:SEALINK), an offshore support vessel builder and operator, said it will receive US$17.28 million (about RM68.47 million) in settlement and insurance claims over its vessel that was damaged in a fire incident in May last year.
Notable filings
Between March 19 and 27, notable changes in shareholding at Bursa Malaysia-listed companies included those at Borneo Oil Bhd (KL:BORNOIL), which saw the emergence of a new substantial shareholder — Lo Ling — after he acquired 500 million shares, o...
Borneo Oil Bhd (KL:BORNEO) has seen Lo Ling emerge as its substantial shareholder after he raised his stake in the company to 6.99%, following the acquisition of 500 million shares.
Notable filings
During the week of Jan 19 to 23, notable shareholding changes at Bursa Malaysia-listed companies included those at DXN Holdings Bhd (KL:DXN), where CGS International Securities Malaysia Sdn Bhd emerged as a substantial shareholder.
According ...