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KUALA LUMPUR: Shares in Malayan United Industries Bhd (MUI) gained 2.3% in early trade Monday as investors welcomed the news that Tan Sri Khoo Kay Peng’s son will take over as chief executive. (4-0)
FOR a long time now, hardly anything positive has been taking place at asset rich yet loss-making group at Malayan United Industries Bhd or MUI.
KUALA LUMPUR, Dec 6 — Bursa Malaysia ended the morning session lower today on weaker buying sentiment in the overall market, led by financial stocks. (23-0)
KUALA LUMPUR, Dec 6 — Bursa Malaysia turned lower mid-morning in tandem with its regional peers and prompted by selling in selected heavyweights. (10-0)
KUALA LUMPUR, Nov 14 — Bursa Malaysia opened higher this morning, prompted by the stronger ringgit and the re-entry of foreign funds into the equity market since last week. (13-0)
MarketWatch: US stock indexes rose on Monday as a sharp drop in General Electric shares was more than offset by gains in high dividend-paying sectors including consumer staples and utilities. The DJIA rose 17.49 points, or 0.07%, to 23,439.7, the S&P 500 gained 2.54 points, or 0.10%, to 2,584.84 and the Nasdaq added 6.66 points, or 0.1%, to 6,757.60. - Reuters (85-0)
Wong(pic), who is the substantial shareholder and managing director of MyEG Services Bhd, held insignificant stakes in the two companies with 3.92% in Palette and 0.31% in MUI. Wong said that he disposed of all his shareholding in Palette and MUI because certain media had picked up the information in the annual reports and created a misconception of an impending corporate exercise in the companies
Far-sighted: Koon saw an opportunity in the Bakun Hydroelectric Dam project when others shied away from it. (9-0)
KUALA LUMPUR, Nov 10 — Bursa Malaysia finished the week lower on profit-taking in selected heavyweights and trade and services counters, dealers said. (7-0)
KUALA LUMPUR, Nov 10 — Bursa Malaysia was marginally lower at the end of the morning session today on profit-taking in selected blue-chips as well as lower-liners, dealers said. (9-0)
MarketWatch: Wall Street stocks dropped on Thursday, weighed down by losses in Microsoft and other technology issues, as investors turned their attention to a US Senate Republican plan that would delay expected corporate tax cuts. The DJIA lost 0.43% to end at 23,461.94, the S&P 500 declined 0.38% to 2,584.62 and the Nasdaq dropped 0.58% to 6,750.05. - Reuters (84-0)
KUALA LUMPUR: Shares in Malayan United Industries Bhd (MUI) continued to attract strong interest on Friday as Tan Sri Khoo Kay Peng is believed to have received offer for his stake in the company.
PETALING JAYA: A local party is understood to be interested in taking over Tan Sri Khoo Kay Peng’s stake in Malayan United Industries Bhd (MUI), an asset-rich company with businesses in real estate, hotels, retail, financial services as well as food and confectionery.
At lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,747.36, up 3.16 points, against yesterday's close of 1,744.20. — Bernama picKUALA LUMPUR, Nov 9 ― Bursa Malaysia rebounded from a lower opening to end the morning session higher on renewed buying support in selected heavyweights led by Genting and PetGas. (9-0)
KUALA LUMPUR, Nov 9 — Bursa Malaysia turned higher at mid-morning in range bound trading led by PetGas, Genting and BAT, a dealer said. (14-0)