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KUALA LUMPUR: A total of 25.04 million shares of Boon Koon Group Bhd was traded in an off-market deal at an average price of 33.5 sen on Monday. Stock market data showed the transactions of the company – which manufactures rebuilt and reconditioned vehicles --were at a steep discount to Friday's closing price of 50 sen. Based on its paid-up, the 25.04 million shares accounted for a 8.73% stake. The shares match the number of shares held by Datin Lee Teoh Kee.
THE changes taking place in Boon Koon Group Bhd are drastic. It is to the extent that minority shareholders who put their money in the company for the automotive business should re-look at their options.
KUALA LUMPUR (Dec 14): The FBM KLCI is expected to extend its gains today in line with the overnight gains at most global markets, and on year-end window dressing activities.
KUALA LUMPUR (Dec 13): Based on corporate announcements and news flow today, companies that may be in focus on Wednesday (Dec 14) could include: Glomac Bhd, PDZ Holdings Bhd, Kuantan Flour Mills Bhd, IHH Healthcare Bhd, Magni-Tech Industries Bhd, Boon Koon Group Bhd, Axiata Group Bhd
KUALA LUMPUR (Dec 7): theedgemarkets.com highlighted two stocks with momentum at Bursa Malaysia's afternoon market close today. Both stocks showed negative momentum.