Company Overview and News

Stop missing out on important events!

Fintel provides real time notifications of important company events such as major investments (13D/G filings), insider trades (SEC form 4), and important SEC filings. Sign up and create your company alerts for free.

Headline News

MUI shares rise after CEO appointment

KUALA LUMPUR: Shares in Malayan United Industries Bhd (MUI) gained 2.3% in early trade Monday as investors welcomed the news that Tan Sri Khoo Kay Peng’s son will take over as chief executive. (4-0)

Short Position

FOR a long time now, hardly anything positive has been taking place at asset rich yet loss-making group at Malayan United Industries Bhd or MUI.

KL shares end morning session lower

2017-12-06 themalaymailonline
KUALA LUMPUR, Dec 6 — Bursa Malaysia ended the morning session lower today on weaker buying sentiment in the overall market, led by financial stocks. (23-0)

Bursa easier at mid-morning

2017-12-06 themalaymailonline
KUALA LUMPUR, Dec 6 — Bursa Malaysia turned lower mid-morning in tandem with its regional peers and prompted by selling in selected heavyweights. (10-0)

Bursa opens higher with foreign fund inflow

2017-11-14 themalaymailonline
KUALA LUMPUR, Nov 14 — Bursa Malaysia opened higher this morning, prompted by the stronger ringgit and the re-entry of foreign funds into the equity market since last week. (13-0)

Breakfast briefing: Tuesday, November 14

MarketWatch: US stock indexes rose on Monday as a sharp drop in General Electric shares was more than offset by gains in high dividend-paying sectors including consumer staples and utilities. The DJIA rose 17.49 points, or 0.07%, to 23,439.7, the S&P 500 gained 2.54 points, or 0.10%, to 2,584.84 and the Nasdaq added 6.66 points, or 0.1%, to 6,757.60. - Reuters (85-0)

A fed up TS Wong sells stakes in Palette and MUI to quell speculation

Wong(pic), who is the substantial shareholder and managing director of MyEG Services Bhd, held insignificant stakes in the two companies with 3.92% in Palette and 0.31% in MUI. Wong said that he disposed of all his shareholding in Palette and MUI because certain media had picked up the information in the annual reports and created a misconception of an impending corporate exercise in the companies

Grim tales of owner-driven companies

Far-sighted: Koon saw an opportunity in the Bakun Hydroelectric Dam project when others shied away from it. (9-0)

Bursa ends lower on profit-taking

2017-11-10 themalaymailonline
KUALA LUMPUR, Nov 10 — Bursa Malaysia finished the week lower on profit-taking in selected heavyweights and trade and services counters, dealers said. (7-0)

Bursa ends marginally lower at midday

2017-11-10 themalaymailonline
KUALA LUMPUR, Nov 10 — Bursa Malaysia was marginally lower at the end of the morning session today on profit-taking in selected blue-chips as well as lower-liners, dealers said. (9-0)

Breakfast briefing: Friday, November 10

MarketWatch: Wall Street stocks dropped on Thursday, weighed down by losses in Microsoft and other technology issues, as investors turned their attention to a US Senate Republican plan that would delay expected corporate tax cuts. The DJIA lost 0.43% to end at 23,461.94, the S&P 500 declined 0.38% to 2,584.62 and the Nasdaq dropped 0.58% to 6,750.05. - Reuters (84-0)

MUI shares attract trading interest

KUALA LUMPUR: Shares in Malayan United Industries Bhd (MUI) continued to attract strong interest on Friday as Tan Sri Khoo Kay Peng is believed to have received offer for his stake in the company.

Malaysian party keen to buy Khoo’s MUI stake

PETALING JAYA: A local party is understood to be interested in taking over Tan Sri Khoo Kay Peng’s stake in Malayan United Industries Bhd (MUI), an asset-rich company with businesses in real estate, hotels, retail, financial services as well as food and confectionery.

Bursa Malaysia ends morning session higher

2017-11-09 themalaymailonline
At lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,747.36, up 3.16 points, against yesterday's close of 1,744.20. — Bernama picKUALA LUMPUR, Nov 9 ― Bursa Malaysia rebounded from a lower opening to end the morning session  higher on renewed buying support in selected heavyweights led by Genting and PetGas. (9-0)

Bursa Malaysia turns higher at mid-morning

2017-11-09 themalaymailonline
KUALA LUMPUR, Nov 9 — Bursa Malaysia turned higher at mid-morning in range bound trading led by PetGas, Genting and BAT, a dealer said. (14-0)