Company Overview and News
KUALA LUMPUR: Shares of Alam Maritim Resources Bhd tumbled 7% in early trade after its auditors highlighted “material uncertainty” over its FY17 financials.
KUALA LUMPUR: Genting Bhd , Dagang NeXchange Bhd (DNeX), Malaysia Marine And Heavy Engineering Holdings Bhd (MHB), Axiata Group Bhd and Alam Maritim Resources Bhd are among the stocks to watch, according to JF Apex Research.
PETALING JAYA: Oil and gas (O&G) counters have gained much attention of late following the rise in oil prices.
After more than three years stuck in the doldrums, the oil and gas (O&G) industry seems to be back on investors’ radar.
MarketWatch: The S&P 500 climbed to an all-time high on Tuesday on a heavy day of corporate results highlighted by well-received reports from McDonald's and Caterpillar and gains for bank shares. The Nasdaq also managed to set a record high despite declines in Google parent Alphabet after its results. The DJIA rose 100.26 points, or 0.47%, to 21,613.43, the S&P 500 gained 7.17 points, or 0.29%, to 2,477.
UOB Asset Management (M) Bhd CEO Lim Suet Ling(pic) told StarBiz that investors are turning more cautious on the local debt market in the second half of this year pressured by rising global rates.
PETALING JAYA: Nam Cheong Group Bhd is the latest company that is unable to service its debts due to the prolonged downturn in the oil and gas (O&G) industry.
KUALA LUMPUR (April 3): Based on corporate announcements and news flow today, stocks that may be in focus on Tuesday (April 4) may include: Eco World International Bhd, Tenaga Nasional Bhd, Felda Global Ventures Holdings Bhd, Yinson Holdings Bhd, GHL Systems Bhd, CCM Duopharma Biotech Bhd, Kelington Group Bhd, MMC Corporation Bhd and Alam Maritim Resources Bhd
KUALA LUMPUR (March 22): Shares of upstream oil and gas services provider Alam Maritim Resources Bhd rose 3.51% this morning after the company bagged a one-year contract to provide subsea inspection, maintenance and repair services for RM99 million.
KUALA LUMPUR (March 22): The FBM KLCI could pullback today in line with the overnight tumble at most global markets.
KUALA LUMPUR (March 21): Based on corporate announcements and news flow today, companies that may be in focus on Wednesday (March 22) could include: Yong Tai, Mulpha, Ranhill, Alam Maritim, Redtone, TM, UMW Holdings and T7 Global.
KUALA LUMPUR (March 9): The FBM KLCI is expected to continue with its consolidation mode today, with oil and gas related stocks likely in the limelight after global crude oil prices slumped more than 5% overnight.
KUALA LUMPUR (March 8): Based on corporate announcements and news flow today, the companies in focus on Thursday (March 9) may include the following: Iskandar Waterfront City, Alam Maritim, Enra, LBS Bina, CIMB Group, GHL Systems, AmBank, Engtex and Wintoni.
KUALA LUMPUR (Feb 15): The FBM KLCI retreated at the midday break today as sellers outpaced buyers.
LEMBAGA Tabung Haji does not seem to have had much luck in investing in the oil and gas sector. The pilgrim fund is probably among the biggest victims of the beleaguered O&G outfit Perisai Petroleum Teknologi Bhd.
2018-05-19 - Asif
OVERVIEW Sangamo BioSciences is a clinical stage biotechnology company focused on translating ground-breaking science into genomic therapies that transform patients’ lives using its industry-leading platform technologies in genome editing, gene therapy, gene regulation and cell therapy. Sangamo BioSciences is a leader in the research and development of zinc finger proteins, or ZFPs, a naturally occurring class of proteins found in humans. Sangamo BioSciences has used its knowledge and expertise to develop a proprietary technology platform in both genome editing and gene regulation. ZFPs can be engineered to make zinc finger nucleases, or ZFNs, proteins that can be used to specifically modify DNA sequences by adding or knocking out specific genes, or genome editing, and ZFP transcription factors or ZFP TFs, proteins that can be used to increase or decrease gene expression, or gene regulation. In the process of developing this platform, Sangamo BioSciences has accrued signific...
2018-05-19 - Asif
Business Overview The company provide high quality information technology, or IT, services and solutions including a range of technology platforms focusing on big data, business intelligence, and consumer-centric technology. More recently, to provide greater value to stockholders, the Company has sought to expand its business primarily through acquisitions that leverage its capabilities and expertise. As of March 31, 2018, the Company owned 81.2%, and as of the date of this report the Company owns 91.8%, of the outstanding shares of MoviePass (excluding outstanding MoviePass options and warrants). MoviePass is the premiere movie theater subscription service in the United States which provides its subscribers the ability to view up to one new movie title per day for one monthly subscription price. The company's more than 2 million subscribers have access to see films in over 91% of U.S movie theaters. By the end of April 2018, the company implemented certain measures ...
2018-05-17 - Asif
Overview Biostage is a biotechnology company developing bioengineered organ implants based on its novel CellframeTM technology. The company's Cellframe technology is comprised of a biocompatible scaffold that is seeded with the recipient’s own stem cells. This technology is being developed to treat life-threatening conditions of the esophagus, trachea or bronchus with the objective of dramatically improving the treatment paradigm for those patients. The company believe that its Cellframe technology will provide surgeons with new ways to address damage to the esophagus, bronchus, and trachea due to congenital abnormalities, cancer, infection or trauma. Products being developed based on its Cellframe technology for those indications are called CellspanTM products. The company announced favorable preliminary pre-clinical results of large-animal studies for the esophagus, trachea and bronchus in November 2015. Since then, the Cellspan esophageal implant product candidates hav...