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CCMB invests RM90m to fuel double-digit growth, says GM

2018-01-21 themalaymailonline
KUALA LUMPUR, Jan 21 — Chemical Company of Malaysia Bhd (CCMB) is investing almost RM90 million to boost capacity following the demerger of its listed pharmaceutical entity to fuel the growth of its chemicals and polymers businesses, both of which enjoy pent-up demand.

Trading ideas: Paramount Corp, CCM Duopharma, Sentoria

KUALA LUMPUR: JF Apex expects Paramount Corp Bhd, CCM Duopharma Biotech Bhd and Sentoria Group Bhd to be among the stocks to watch on Monday.

CCM assessing impact of demerger, likely to keep current name

Tags / Keywords: Corporate News , M&A , Chemical Company of Malaysia Bhd , CCM Duopharma Biotech Bhd (0-1)

Breakfast briefing: Friday, August 4

MarketWatch: The S&P 500 and the Nasdaq fell on Thursday, weighed down by, Apple and other top-shelf technology stocks, while the Dow Jones Industrial Average edged up to a seventh straight record high. The DJIA edged up 0.04%, or 9.86 points, to end at 22,026.1, an all-time high. The S&P 500 lost 0.22% to 2,472.16 and the Nasdaq dropped 0.35% to 6,340.34. - Reuters

Breakfast briefing: Thursday, August 3

MarketWatch: The Dow climbed above the 22,000 mark for the first time on Wednesday, buoyed by Apple's healthy quarterly iPhone sales, while weakness in other tech stocks held back the Nasdaq and S&P 500. The DJIA rose rose 0.24% to end at 22,016.24, a record high. The S&P 500 gained 0.05% to 2,477.57 and the Nasdaq was flat at 6,362.65. - Reuters

Chemical Co of Malaysia, CCM Duopharma to be demerged

Tags / Keywords: Corporate News , M&A , Chemical Co of Malaysia Bhd , CCM Duopharma Biotech Bhd

KL shares higher at mid-day

2017-08-02 themalaymailonline
KUALA LUMPUR, Aug 2 — Gains in heavyweights pushed the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) to end higher at mid-day today, amid weak sentiment in the broader market.

CCM Duopharma, CCM suspended for corporate news

Trading in CCM Duopharma Biotech Bhd and Chemical Company of Malaysia Bhd were voluntarily suspended on Wednesday.

Eco World International, TNB, FGV, Yinson, GHL systems, CCM Duopharma, Kelington, MMC Corp and Alam Maritim

2017-04-03 theedgemarkets
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

BMI Research tips firm to lead Malaysia’s biosimilar sector

2017-03-02 themalaymailonline
A worker is seen at a construction site, with the Malaysia's landmark Petronas Twin Towers in the background, in Kuala Lumpur September 12, 2013. – Reuters picKUALA LUMPUR, March 2 — Promising developments at CCM Duopharma Biotech Berhad (CCMD) put the firm in position to become Malaysia’s leading biosimilar producer, according to a BMI Research note today.

CCM DBio, PanGen set to launch biosimilars for kidney dialysis

CCM Duopharma Biotech Bhd (CCMDB) and PanGen Biotech, Inc. have completed their clinical trials for the biosimilar erythropoietin or EPO product which can be used in kidney dialysis.

CCM Duopharma seeks to commercialise erythopoietin for kidney failure treatment

2017-02-15 theedgemarkets
KUALA LUMPUR (Feb 15): CCM Duopharma Biotech Bhd will begin the registration for commercialisation of its erythopoietin (EPO) biosimilar, which will be beneficial in the treatment of anaemia in end-stage kidney failure patients.

CCM to return to the black, halal cert to help

PETALING JAYA: The Chemical Company of Malaysia Bhd (CCM), which recently received certification to produce halal pharmaceutical products, is looking to turn around its fortunes after two years of chalking up losses.

Breakfast briefing: Thursday, January 26

MarketWrap: US stocks climbed on Wednesday and the Dow Jones Industrial Average closed atop the 20,000 mark for the first time as solid earnings and optimism over President Donald Trump's pro-growth initiatives revitalised a post-election rally. - Reuters The DJIA rose 155.80 points, or 0.78%, to close at 20,068.51, the S&P 500 gained 18.30 points, or 0.80%, to 2,298.37 and the Nasdaq added 55.38 points, or 0.

KLCI to trend higher, but gains seen limited

2017-01-25 theedgemarkets
KUALA LUMPUR (Jan 26): The FBM KLCI is expected to extend its gains today riding on the overnight momentum at most global markets.