Ajiya Bhd has announced the resignation of its managing director Datuk Chan Wah Kiang.
ES Ceramic Technology Bhd has proposed to acquire Evermix Concrete Sdn Bhd for RM83mil in a bid to diversify into the manufacturing and trading of construction materials.
CIMB Group Holdings Bhd is mulling to split the chief executive officer (CEO) job at its group wholesale banking segment into two.
Computer Forms (Malaysia) Bhd’s shareholders were advised to reject the takeover bid by Datuk Seri Dr Jacky Pang as the offer price of 60 sen per share is deemed as “not fair” and “not reasonable” by independent adviser.
Businessmen Datuk Chin Yoke Choon and Datuk Chin Yoke Kan have emerged as substantial shareholders of Malaysian Bulk Carriers Bhd (Maybulk) after their private vehicle Tunas Capital Sdn Bhd acquired a 16% stake in the dry bulk carrier last week.
Meanwhile, JF Apex said the FBM KLCI could remain under pressure and test the support at 1,575 points following the bearish performance in Wall Street.
The US market plunged overnight for its worst day since 2020 to erase gains recorded on Wednesday after the Federal Reserve chairman ruled out the prospects of higher rate hikes.
Earlier, European stocks after the Bank of England raised interest rates by 25 basis points.