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Brothers Datuk Seri Nazir Hussin Akhtar Hussin and Datuk Wira Mubarak Hussain Akhtar Husin have voluntarily gone on garden leave from their executive roles at Avangaad Bhd (KL:AVANGAAD) amid an investigation into their personal business interests.
Kinergy Advancement Bhd (KL:KINERGY) founder Datuk Dr Lai Keng Onn has become the single largest shareholder of marine vessels operator Avangaad Bhd (KL:AVANGAAD), after acquiring a 278.38 million-share block from Sindora Bhd and Kulim (M) Bhd.
Notable filings
Among the notable shareholding changes on Bursa Malaysia over the week of April 13 to 17 was at Matrix Concepts Holdings Bhd (KL:MATRIX). The Pilgrims Fund Board (TH) acquired two million shares in the property developer, increasing its shareholding to...
KUALA LUMPUR: Bursa Malaysia closed the morning session of the first trading day on a lower note, weighed down by continued profit-taking in selected heavyweights amid a lack of fresh catalysts.
KUALA LUMPUR: Year-end window dressing continued to support Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI), keeping the index above a 15-month high at midday.
THE offshore support vessel (OSV) segment could see challenges in the near term with the softening of daily charter rates, amid signs of a slowdown in jobs, according to analysts who cover the oil and gas sector.
The softening of crude oil prices is not expected to stimulat...
Avangaad Bhd (KL:AVANGAAD), formerly known as EA Technique (M) Bhd, announced that Messrs KPMG PLT has resigned as the company’s external auditor due to a disagreement over the proposed audit fees.
KUALA LUMPUR: Bursa Malaysia dibuka sedikit tinggi pada Rabu namun turun dalam beberapa minit selepas itu, dengan indeks penanda aras mengalami penyusutan berikutan aktiviti pengambilan untung susulan penjualan semalam, meskipun dagangan di Wall Street meningkat.
KUALA LUMPUR (Aug 20): Generator rental company ACE Market-bound Express Powerr Solutions (M) Bhd, which counts electricity utility companies as its biggest customers, plans to venture into the oil-and-gas (O&G) sector to broaden revenue streams, while growing its solar photovoltaic (PV) business.
Avangaad Bhd’s (KL:AVANGAAD) net profit for the second quarter fell 93.6% year-on-year (y-o-y) in the absence of one-off income from debt writebacks booked in the same period a year ago.