<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 3): XiDeLang Holdings Ltd has proposed a bonus issue of 902.44 million warrants on the basis of one warrant for every two shares held.</p></div>

<div class=newsTextDataWrapInner><p>The China-based shoe maker said in a stock exchange filing today that the entitlement date will be announced later.</p></div>

<div class=newsTextDataWrapInner><p>It said the bonus issue is aimed at rewarding shareholders and to provide them with the means to increase their equity participation in the group.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The group posted a net profit of RM5.98 million for the third quarter ending Sept 30, 2018, up 4.99% from RM5.7 million a year earlier.</p></div>

<div class=newsTextDataWrapInner><p>XiDeLang’s share price rose by one sen or 8.7% to 12.5 sen today, giving it a market capitalisation of RM207.56 million.</p></div>


KUALA LUMPUR (Dec 3): XiDeLang Holdings Ltd has proposed a bonus issue of 902.44 million warrants on the basis of one warrant for every two shares held.

The China-based shoe maker said in a stock exchange filing today that the entitlement date will be announced later.

It said ...

XiDeLang proposes one-for two bonus warrants

KUALA LUMPUR (May 6): Prime Minister Datuk Seri Anwar Ibrahim called for a global unified response on Monday, as the world confronts an increasingly fragmented global landscape that threatens collective security and prosperity.

Anwar calls for unified response as world confronts fragmented global landscape

The Court of Appeal (COA), in calling for the four charges against former prime minister Tan Sri Muhyiddin Yassin to be reinstated, ruled that the charges met all the ingredients and were unambiguous.

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One of China’s most-watched developers has told some investors that it readied cash for an upcoming yuan bond payment, a move that may boost a firm that’s faced concern about its liquidity amid a broader property debt crisis.

China Vanke says it has the money to pay upcoming bonds due

STOCKHOLM (May 6): Swedish real estate group SBB reported on Monday a first-quarter pretax loss that was smaller than a year ago but said it needed to improve its liquidity and lower its loan-to-value ratio.

Sweden’s SBB says financing outlook improving as loss shrinks

Late last year, a Chinese carrier accidentally sold flight tickets at about US$1.30 each during a two-hour technical glitch in its mobile phone app and some ticket booking platforms. Naturally, consumers started sharing the great deal on social media until the airline company rectified the glitch.

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KUALA LUMPUR (May 6): Defence Services Asia (DSA) 2024 and National Security Exhibition (Natsec) Asia 2024 are able help the country gauge whether its defence assets are in line with the latest technological advances.

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Black Hawk helicopters descended to Itbayat before noon on Monday, ushering a platoon of US and Philippine marines to conduct rare military drills on the Southeast Asian nation’s northernmost inhabited island — and one of its closest to Taiwan.

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Mutiara Damansara, which spans 35...

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ALTHOUGH Indonesia’s central bank last Wednesday surprised with a rate hike of 25 basis points to 6.25% — the nation’s highest — to shore up the rupiah, Malaysia does not face any pressure to do the same, as economic growth remains a priority of Bank Negara Malaysia, economists say.

Fur...

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<p>Maybank Investment Bank (Maybank IB) on Monday began coverage of SAM Engineering &amp; Equipment (M) Bhd with a counter-consensus ‘buy’ call, betting on the cyclical recovery of aerospace and semiconductor sectors.</p>


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<p>Prime Minister Datuk Seri Anwar Ibrahim will be having an online meeting with tech giant Google on Monday.</p>

<p>Without disclosing more details on the issues to be discussed, he said Malaysia has continued to receive interests from foreign investors.</p>


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<p>Phillip Capital has initiated coverage on T7 Global Bhd with a “buy” rating at 53 sen and a target price of 68 sen.</p>


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<p>Proton Holdings Bhd reported on Monday its car sales rose by 17.1% to 11,025 vehicles in April (including domestic and exports) compared to the 9,415 units sold last year.&nbsp;</p>


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<p>Asian stocks rose to their highest in over a year on Monday on renewed bets that the Federal Reserve (Fed) would most likely ease rates this year, while the yen weakened after a strong surge last week from Tokyo's suspected currency intervention.</p>


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<p>Robusta coffee prices have climbed to the highest in 45 years, according to the International Coffee Organisation (ICO), as a supply crunch intensifies for the variety used in espresso blends and instant drinks.</p>


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<p>The Attorney General's Chambers (AGC) will be objecting to Muar Member of Parliament Syed Saddiq's leave application to take legal action against Prime Minister Datuk Seri Anwar Ibrahim and the government over RM730,300 in allocations meant for his constituency.</p>


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<p>LONDON (May 6): High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere, according to Reuters' calculations, analysts, and investors who fear firms could be forced to discount.</p>

<p>China opened an anti-dumping investiga...

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<p>President Xi Jinping has arrived in France to begin talks aimed at stabilising China’s relationship with Europe, as he tries to perform damage limitation on trade ties with the key bloc.</p>


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<p>Analysts have raised their earnings forecasts and target prices (TPs) for plastic packaging maker SLP Resources Bhd, after the group's latest financial results beat their expectations due to improved product mix and higher output.</p>


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<p>For decades, the rapid inflow of migrants helped countries including Canada, Australia and the UK stave off the demographic drag from aging populations and falling birth rates.</p>


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<p>NCT Group of Companies has signed memorandums of understanding (MOUs) with SMARTSEL Sdn Bhd and Mikro Sdn Bhd to scale up the capabilities of the NCT Smart Industrial Park (NSIP), while introducing advanced sustainability practices geared to positively impact its carbon footprint.</p>


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<p>Billionaire investor Warren Buffett said there are “load of opportunities” in India, but he’s leaving them to future management.</p>


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<p>theedgemalaysia.com highlighted one stock with positive momentum and five stocks with negative momentum at Bursa Malaysia's afternoon close on Monday. &nbsp;</p>


Inta, SNS, Harbour, Marco, Fiamma, SAM 

<p>KUALA LUMPUR (May 6): Communications Minister Fahmi Fadzil said the World Press Freedom Index produced by Reporters Without Borders (RSF) is not the golden standard but a mere benchmark for the government to consider the actions that can be taken to improve the nation’s media freedom.</p>
