Company Overview and News

Tek Seng shares fell 5% after announcing the end of its solar business

KUALA LUMPUR: Tek Seng Holdings Bhd fell 5% in early trade Thursday after the company planned to suspend its photovoltaic solar business in the wake of intense market competition.

Trading ideas: Ranhill, Hua Yang, Ikhmas Jaya, Tek Seng

KUALA LUMPUR: JF Apex Research expects Ranhill Holdings Bhd , Hua Yang Bhd , Ikhmas Jaya Group Bhd and Tek Seng Holdings Bhd to be among the stocks to watch following their latest news.
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Tek Seng solar unit ceases production

Tek Seng Holdings told Bursa Malaysia that its 50.69%-owned subsidiary TSST had decided to temporarily stop its entire production activities. TSST is principally involved in the manufacturing and sales of photovoltaic products.
BSMAF 7200 1818

KLCI to trend higher, immediate hurdle at 1,755

2018-07-18 theedgemarkets
KUALA LUMPUR (July 19): The FBM KLCI is expected to trend higher today, tracking the overnight gains at most global markets, with immediate hurdle at 1,755 points.
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Maxis, Seacera, Sapura Energy, MNRB, TMC Life Sciences, Ranhill, Hua Yang, Ikhmas Jaya, Menang Corp and Tek Seng

2018-07-18 theedgemarkets
KUALA LUMPUR (July 18): Based on corporate announcements and news flow today, companies that may be in focus on Thursday (July 19) may include the following: Maxis Bhd, Seacera Group Bhd, Sapura Energy Bhd, MNRB Holdings Bhd, TMC Life Sciences Bhd, Ranhill Holdings Bhd, Hua Yang Bhd, Ikhmas Jaya Group Bhd, Menang Corp (M) Bhd and Tek Seng Holdings Bhd.
7073 0101 5062 6459 5272 BSMAF 5268 7200 1818

Tek Seng's unit to lay off 118 workers, temporarily halts ops

2018-07-18 theedgemarkets
KUALA LUMPUR (July 18): Tek Seng Holdings Bhd said today its 50.69%-owned subsidiary TS Solartech Sdn Bhd has decided to temporarily stop its photovoltaic (PV) production activities in Penang in the third quarter of this year.
BSMAF 7200 1818

Tek Seng plans RM20mil investment to produce plastic films

BUKIT MERTAJAM: Tek Seng Holdings Bhd plans to invest around RM15mil to RM20mil to produce plastic film packaging materials for the industrial sector.

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