Company Overview and News
KUALA LUMPUR: Hap Seng Consolidated Bhd 's unit Malaysian, Mosaics Sdn Bhd (MMSB), has proposed to sell a parcel of leasehold land together with various buildings for the production and manufacturing of floor and wall tiles erected thereon in Kluang, Johor to Byorion Sdn Bhd for RM97.5mil.
An investor monitors share market prices at a brokerage firm in Kuala Lumpur. — Reuters picKUALA LUMPUR, Aug 3 ― Bursa Malaysia ended the morning session mixed with the key index slightly higher, lifted by selected heavyweights.
Tags / Keywords: Automotive , Corporate News , Hap Seng Consolidated Bhd , Mercedes Benz Malaysia Sdn Bhd
KUALA LUMPUR (April 6): The FBM KLCI extended its losses at mid-morning today, in line with the lacklustre regional markets.
KUALA LUMPUR (April 6): The FBM KLCI dipped in early trade this morning in line with the weaker start at most regional markets.
KUALA LUMPUR (March 29): The FBM KLCI extended its gains in early trade this morning, in line with the advance at most regional markets.
KUALA LUMPUR (March 28): The FBM KLCI struggled to stay above the 1,750-point level in the morning session today.
KUALA LUMPUR (March 22): The FBM KLCI took a tumble at mid-morning today in line with the decline at most regional markets, weighed by key blue chips, while all the indices were in the red at the local bourse.
KUALA LUMPUR (March 15): The FBM KLCI fell 0.42% at mid-morning today as index-linked banking stocks and utility heavyweights retreated in line with weaker regional markets.
MarketWrap: US stock prices closed lower on Tuesday as weakness in drug and financial shares sent the S&P 500 and the Dow Jones Industrial Average to their first consecutive sessions of declines in more than a month. - Reuters The DJIA fell 29.58 points, or 0.14%, to 20,924.76, the S&P 500 lost 6.92 points, or 0.29%, to 2,368.39 and the Nasdaq dropped 15.25 points, or 0.26% , to 5,833.93. Energy Oil prices ended little changed on Tuesday, as growing US production expectations offset earlier gains after Saudi Arabia's oil minister said market fundamentals were improving.
KUALA LUMPUR: Hap Seng Consolidated Bhd (HSCB) has proposed to dispose of the entire equity interest in its wholly-owned subsidiary, Hap Seng Logistics Sdn Bhd (HSL) to LSH Logistic Ltd for RM750mil.
KUALA LUMPUR (March 8): The FBM KLCI is expected to continue trending sideways today in line with the overnight slip at most global markets.
KUALA LUMPUR (March 7): Based on corporate announcements and news flow today, the companies that may be in focus on Wednesday (March 8) could include the following: TIME dotCom, Hap Seng Consolidated, Tenaga, Priceworth International, IHH Healthcare, Mesiniaga, Bursa Malaysia and Palette Multimedia.
KUALA LUMPUR (March 7): Hap Seng Consolidated Bhd plans to sell its wholly-owned transportation and logistics services arm Hap Seng Logistics Sdn Bhd for RM750 million cash, with the proceeds to be used to pare down the group's borrowings and for working capital.
KUALA LUMPUR (Feb 16): The FBM KLCI dipped in early trade this morning, weighed by select blue chips despite the uptrend at most regional markets.
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