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BENALEC SEES 5.79% STAKE TRADED OFF-MARKET

BENALEC SEES 5.79% STAKE TRADED OFF-MARKET

The Star 13th March, 2017 KUALA LUMPUR: Construction company Benalec Holdings Bhd saw 47 million of its shares traded in an off-market deal on Monday at an average price of 45 sen. Stock market data showed the shares accounted for a 5.79% stake based on its paid-up of...

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RM650MIL ROAD PROJECT TO LINK JB AND PONTIAN

RM650MIL ROAD PROJECT TO LINK JB AND PONTIAN

The Star 5th March, 2017 PONTIAN: A new road will be built by 2020 to link Tanjung Pelepas in Gelang Patah to Tanjung Bin here, and is expected to cut down the one-hour travel time by more than half. Work on the 7.5km road is expected to start in September and the...

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SAUDI ARAMCO IN $7BN MALAYSIAN REFINING PUSH

SAUDI ARAMCO IN $7BN MALAYSIAN REFINING PUSH

Financial Times 1st March, 2017 Saudi Arabia’s state-owned oil company on Tuesday announced plans to invest $7bn in a Malaysian refining project, in a move highlighting concerted efforts by the world’s largest crude producer to secure growth in Asia. Saudi Aramco said...

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SAUDI ARAMCO TAKES EQUITY STAKE IN RAPID

SAUDI ARAMCO TAKES EQUITY STAKE IN RAPID

The Edge Markets 1st March, 2017 KUALA LUMPUR: The Pengerang Refinery and Petrochemical Integrated Development (Rapid) project opens a new chapter today. The Saudi Arabian Oil Co (Saudi Aramco) is pumping in US$7 billion (RM31 billion) to hold equity stake in selected...

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BENALEC ACTIVE, RISES 4.82% ON POSITIVE TECHNICALS

BENALEC ACTIVE, RISES 4.82% ON POSITIVE TECHNICALS

The Edge Markets 25th January, 2017 KUALA LUMPUR (Jan 25): Shares of Benalec Holdings Bhd rose 4.82% in active trade this morning after RHB Retail Research said Benalec may rise higher after it recently breached above the downtrend line drawn in the chart. At 9.07am,...

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KLCI REMAINS SUBDUED AHEAD OF LUNAR NEW YEAR BREAK

KLCI REMAINS SUBDUED AHEAD OF LUNAR NEW YEAR BREAK

The Edge Markets 25th January, 2017 KUALA LUMPUR (Jan 25): The FBM KLCI remained subdued at the midday break today, as some mild profit taking halted the index’s advance, despite the firmer regional markets. At 12.30pm, the FBM KLCI gained 2.81 points to 1,683.50. The...

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STOCK WITH MOMENTUM: BENALEC HOLDINGS

STOCK WITH MOMENTUM: BENALEC HOLDINGS

The Edge Markets 12th January, 2017 SHARES in Benalec Holdings Bhd (fundamental: 1.25, valuation: 1.4/3) triggered our momentum algorithm for the first time since November 2015 yesterday as the counter saw a jump in shares traded to 3.97 million shares, compared with...

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KL, SINGAPORE TO INK HSR DEAL ON DEC 5

KL, SINGAPORE TO INK HSR DEAL ON DEC 5

  New Straits Times Online 14th December, 2016 TOKYO: MALAYSIA and Singapore are set to ink a legally binding bilateral agreement on Dec 5 for the development of a high-speed rail (HSR) link between Kuala Lumpur and Singapore. Prime Minister Datuk Seri Najib...

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