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Corporations, private agencies urged to uphold anti-corruption, integrity practices

2017-12-09 themalaymailonline
Datuk Akhbar Satar from Transparency International Malaysia speaks during the forum by IDEAS Kuala Lumpur January 26, 2017. — Picture by Yusof Mat IsaSHAH ALAM, Dec 9 — Corporations and private agencies in the country are urged to emphasise on the upholding of anti-corruption and integrity practices that are being seriously implemented by the public sector. (1-0)

Glovemakers can cover price hike

PETALING JAYA: Glovemakers are not expected to face much difficulty raising their average selling prices although the quantum of gas price increase was higher than expected. (3-0)

Gas price hike in 2018

From next year, the effective gas tariff rate will be increased by an average of 16. (Picture shows workers patching up a gas pipe at the Kapar Petronas metering station. — Bernama filepic (3-0)

Breakfast briefing: Tuesday, November 28

MarketWatch: Wall Street’s major indexes ended little changed on Monday, retreating modestly from record highs set during the session, as gains for Amazon countered losses in shares of energy companies. The DJIA rose 22.79 points, or 0.1%, to 23,580.78, the S&P 500 lost 1 points, or 0.04%, to 2,601.42 and the Nasdaq dropped 10.64 points, or 0.15%, to 6,878.52. - Reuters (13-0)

Top Glove wants to buy Aspion for RM1.3bil to boost profits

Top Glove executive chairman Tan Sri Dr Lim Wee Chai (left), Top Glove executive director Eric Hoo Saw Ho (fourth from right), Top Glove independent non-executive director Datuk Lim Han Boon (third from right), Tourism and Culture Ministry China and Chinese Community Affairs advisor Datuk Andy Chuah (second from right), and Mah Sing Group executive director Datuk Steven Ng (right) at the the art installations at the Arts and Lights exhibition at Icon City here in Petaling Jaya on Sunday, Nov 26, 2017. (2-0)

Trading ideas: Supermax, Top Glove, Berjaya Food, Ann Joo

KUALA LUMPUR: Supermax Corp Bhd , Top Glove Corp Bhd , Berjaya Food Bhd and Ann Joo are among the stocks to watch on Monday, according to JF Apex Research. (1-0)

Top Glove enters MOU for Aspion purchase

KUALA LUMPUR: Top Glove Corp Bhd entered into a memorandum of understanding to negotiate the terms for the acquisition of Adventa ’s unit Aspion Sdn Bhd, a surgical glove maker. (1-0)

Deals of the day-Mergers and acquisitions

2017-11-24 reuters
Nov 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Friday: (10-0)

Top Glove enters into term sheet to acquire Aspion

2017-11-24 themalaymailonline
Top Glove Corp Bhd will be the world’s largest surgical glove manufacturer if it completes its proposed acquisition of Aspion Sdn Bhd. — Reuters file picKUALA LUMPUR, Nov 24 — Top Glove Corp Bhd has entered into a term sheet to negotiate definitive agreements to acquire Aspion Sdn Bhd. (1-0)

Aye to 30% women agenda

And major public listed companies (PLCs) have duly sat up and taken notice of the government’s agenda to achieve the target of at least 30% women on their boards of directors by 2020, after the Prime Minister’s announcement in July to step it up. (7-0)

MISC leads gains on KLCI

KUALA LUMPUR: The local bourse bucked the trend in the morning session amid reports that  foreign selling in the previous week on the local equity market had slowed to its lowest level so far this year. According to MIDF research, a "feel good vibe" had contributed to net foreign buying of RM133.4mil last Monday when the market reopened after the announcement of Budget 2018. Key Asian markets, however, were a sea of red on Monday as they tumbled from decade-highs in the lead up to US President Donald Trump's meetings with his Chinese and Russian counterparts on his Asian tour. (33-0)

Various stocks to gain from Budget 2018

PETALING JAYA: While the construction sector is an obvious beneficiary of Budget 2018, stocks related to the consumer, logistics and manufacturing businesses are also likely to benefit from the budget. (7-0)

Breakfast briefing: Wednesday, October 25

MarketWatch: US stocks declined on Monday as each of the major Wall Street indexes retreated from a record, weighed down by a drop in technology and industrial shares. The DJIA fell 54.25 points, or 0.23%, to 23,274.38, the S&P 500 lost 10.19 points, or 0.40%, to 2,565.02 and the Nasdaq dropped 42.23 points, or 0.64 %, to 6,586.83. - Reuters (162-0)