Master Tec Group Bhd said on Thursday it was not able to explain the recent surge in its share price that reached new record highs.

Master Tec says unaware of reason for share price surge

Microlink Solutions Bhd, whose share price plunged to its lowest in more than two years on Monday, said it is not aware of any possible explanation for the unusual market activity (UMA).

Microlink says not aware of reason for share price plunge

Silver Ridge Holdings Bhd, whose shares price hit limit down again for a second consecutive day on Friday, revealed that the group is discussing several business proposals in its response to the unusual market activity (UMA) query issued by Bursa Securities.

Silver Ridge says several business proposals being discussed in UMA reply

Tanco Holdings Bhd, whose share price suddenly tumbled as much as 26.72% on Thursday and prompted Bursa Securities to suspend the counter's intraday short selling, said it is not aware of any corporate development, rumour or report that may have triggered the sharp fall.

Tanco MD ups stake while group says it has no idea what's driving down its shares

Widad Group Bhd revealed that the group is discussing several business proposals, in its response to the unusual market activity query issued by Bursa Securities after its share price plunged on Thursday and wiped out some RM937.56 million of its market capitalisation in a day.

Widad says it's mulling several business proposals in UMA reply

Silver Ridge Holdings Bhd, whose share price hit limit--down on Thursday, said it has received an unusual market query (UMA) from Bursa Malaysia.

Bursa asked the group if there was any corporate development relating to its business and affairs that had not been previously announced, or if there was any rumour, report or other possible explanation that may account for the trading activity, according to a filing.

Silver Ridge receives UMA query after share price hits limit-down

Bursa Securities has issued an unusual market activity (UMA) query to Jentayu Sustainables Bhd (JSB) after its share price dropped as much as 30% or 39 sen to a three-month low of 91 sen on Wednesday.

Bursa issues UMA query to Jentayu as shares plunge to three-month low, prompting short-selling halt

YNH Property Bhd has revealed that it is exploring proposals to sell certain landed properties of the company and its subsidiaries in response to an unusual market activity (UMA) query from Bursa Malaysia.

YNH Property echoes Rapid Synergy, says mulling sale of properties in response to UMA

Magna Prima Bhd, which drew the attention of Bursa Malaysia Securities Bhd following a spike in its share price over the last three days, said it is in “final stage of negotiations for the monetisation of one of its land bank”.

Magna Prima says in final stage of negotiations to monetise a land bank

Both Rapid Synergy and Imaspro Corp Bhd, which received unusual market activity (UMA) queries from Bursa Malaysia on Wednesday (Jan 10), have responded to the local stock exchange operator.

In response to Bursa's query on Thursday, industrial mould manufacturer Rapid Synergy said its management is currently considering proposals to sell certain landed properties of the company and its subsidiaries.

Rapid Synergy highlights proposed disposal of landed properties in UMA reply, hits limit down for second straight day

KUALA LUMPUR (Jan 10): All three stocks related to Datuk Dr Yu Kuan Chon — Rapid Synergy Bhd, Imaspro Corp Bhd and YNH Property Bhd — continued to face heavy selling pressure on Wednesday (Jan 10) after topping the losers list on Tuesday, with Rapid Synergy closing at limit-down level, while...

Dr Yu-linked Rapid Synergy gets UMA as shares plummet; YNH, Imaspro on wild swing

KUALA LUMPUR (May 16): Vinvest Capital Holdings Bhd was issued an unusual market activity (UMA) query by Bursa Malaysia Securities Bhd, following a sharp fall in its share price and trading volume on Tuesday (May 16).

Vinvest Capital receives UMA query after share price sank 52.78%

KUALA LUMPUR (April 26): Property development and management company Menang Corp (M) Bhd was issued an unusual market activity (UMA) query by Bursa Malaysia on Wednesday (April 26) due to a sharp rise in its share price and trading volume recently.

Menang Corp issued UMA query following sharp rise in share price, volume

Loss-making Salutica Bhd has been issued with an unusual market activity (UMA) query by Bursa Malaysia on the sharp rise in its share price and volume on Monday (April 17).

Salutica gets UMA query as share price hits highest in over five years

Thailand will name former corporate energy executive and central bank board member Pichai Chunhavajira as its new finance minister, taking over the role from Prime Minister Srettha Thavisin, two government sources told Reuters on Thursday.

Thailand to appoint former energy executive Pichai finance minister — Reuters

MOSCOW (April 25): The head of the Belarusian security service said on Thursday it had thwarted an attack on the capital Minsk by drones launched from Lithuania, Russian state news agencies said.

There was no immediate comment from NATO-member Lithuania.

"The State Security Co...

Belarus says it thwarted attack on capital by drones launched from Lithuania

KUALA LUMPUR (April 25): AirAsia X Bhd (AAX), which will be taking over Capital A Bhd's aviation businesses, announced the mechanics of its plan via a bourse filing on Thursday.

It will first undertake an internal reorganisation that involves the setting up of a new company (NewCo)...

AirAsia X to buy Capital A's aviation business for RM6.8 b via share deal 

Practice Note 17 (PN17) company Khee San Bhd will increase the allotment underwritten in its proposed rights issue after Ng Meng Kee ceased to be a substantial shareholder and requested to discharge his undertaking.

Khee San revises underwriting of rights issue after substantial shareholder ceases to be, withdraws undertaking

Indonesian president elect Prabowo Subianto received a boost on Thursday after a prominent political party that backed another candidate pledged its support for his administration, moving him a step closer to securing a majority in the new parliament.

NasDem, which won 10% of the vote in February's legislative election, was ready to pledge its "full support" for the next administration, its chief Surya Paloh told reporters after a meeting with Prabowo.

Indonesia's Prabowo closes in on parliamentary majority after rival party pledges support

The Employees Provident Fund (EPF) has announced the implementation of Account 3, named Flexible Account, from May 11.

NEWS: EPF introduces Account 3

Global semiconductor firm Nasdaq-listed TTM Technologies Inc has invested US$200 million (about RM958 million) for its first manufacturing plant in Malaysia.

Nasdaq-listed TTM Technologies invests RM958 mil for manufacturing plant in Penang

Pantech Group Holdings Bhd is considering to list two wholly-owned subsidiaries — Pantech Stainless & Alloy Industries Sdn Bhd and Pantech Steel Industries Sdn Bhd — on the Main Market of Bursa Malaysia via a special purpose vehicle (SPV).

Plans for this are still at the preliminary stage and extensive preparatory work needs to be carried out, Pantech said in a bourse filing on Thursday.

Pantech mulls listing two subsidiaries on Main Market via SPV

PARIS (April 25): French President Emmanuel Macron appealed on Thursday for stronger, more integrated European defences and said the continent must not become a vassal of the United States, as he outlined his vision for a more assertive European Union (EU) on the global stage.

'Europe could die,' Macron warns, as he calls for stronger defences

Construction company Inta Bina Group Bhd has secured a contract worth RM224.8 million to develop a 38-storey business serviced apartment in Subang Jaya.

Inta Bina bags RM224.8m job to build business serviced apartments in Subang Jaya

KUALA LUMPUR (April 25): Members of the the Employees Provident Fund (EPF) who are below 55 years old will have an Account 3 starting from May 11, from which they can make withdrawals at any time for any purpose —&nbsp;subject to a minimum withdrawal amount of RM50. This is on top of the two existing accounts they currently have for retirement savings.&nbsp;

EPF members under age 55 will have Account 3 starting May 11

Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered US$100 billion (RM478.35 billion) property project that counts the country’s monarch as one of its shareholders.

Malaysia is said to mull casino resort to revive Forest City

Shares of YTL Corp Bhd rallied to a new all-time high on Thursday after Hong Leong Investment Bank (HLIB) flagged more upside even after a 42% year-to-date surge.

YTL Corp rallies to new all-time high after HLIB flags more upside

Digital Nasional Bhd (DNB), the state-owned company in charge of the 5G network infrastructure rollout, on Thursday named five new board members, comprising senior leaders from the telecom and technology industries.

Digital Nasional names senior telco and tech leaders as new directors

A made-in-China electric vehicle (EV) will hit US dealers this summer offering power and efficiency similar to the Tesla Model Y, the world's best-selling EV, but for about US$8,000 (RM38,228) less.

How Volvo landed a cheap Chinese EV on US shores in a trade war

Sports retailer Al-Ikhsan Sports Sdn Bhd, in which state-owned private equity firm Ekuiti Nasional Bhd (Ekuinas) owns a 35% stake, has appointed Datuk Hishammudin Hasan as its new chief executive officer effective April 17.

Ekuinas-backed Al-Ikhsan Sports names former 7-Eleven head as CEO

Wireless carrier Axiata Group Bhd and conglomerate PT Sinar Mas Group are moving forward with plans to merge their telecommunications operations in Indonesia, people familiar with the matter said.

Axiata, Sinar Mas move closer to US$3.5b telco merger, Bloomberg reports

KUALA LUMPUR (April 25): Mega First Corp Bhd shares have likely peaked following a recent rally to new all-time highs, and investors should stop buying the stock now, Maybank Investment Bank (Maybank IB) said and downgraded the stock to ‘hold’.

Maybank IB is the first from a total of fi...

Mega First shares likely peaked; Maybank IB the first to downgrade stock

Prime Minister Datuk Seri Anwar Ibrahim on Thursday denied claims that the government will issue a licence for the operation of a casino in Forest City, Johor.

PM denies claims that govt issuing casino licence for Forest City

Housing and Local Government Minister Nga Kor Ming’s press secretary Pang Sock Tao was announced as the unity government’s candidate for the Kuala Kubu Baharu by-election on May 11.

Nga's press secretary Pang picked as unity govt's candidate for Kuala Kubu Baharu by-election

JOHOR BAHRU (April 25): The Johor branch of the Malaysian Quarantine and Inspection Services Department (Maqis) found parasitic worms Anisakis sp in samples of sardine cans from China that were brought in through the Sultan Iskandar Building (BSI) here, earlier this month.

Parasitic worms Anisakis sp found in canned sardines from China — Johor dept

KUALA LUMPUR (April 25): Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.

Agricore CS Holdings gets Bursa Malaysia nod to list on ACE Market

Malaysia’s consumer inflation came in lower than expected in March from a year earlier as prices of healthcare and food rose at a slower pace, official data on Thursday showed.

The Consumer Price Index — Malaysia’s main gauge of inflation — rose 1.8% year-on-year, according to the Department of Statistics. The headline figure was a tad lower than the median 2% rise predicted in a Bloomberg survey of economists, and unchanged versus February’s 1.8% gain.

Malaysia’s inflation steady at 1.8% in March

IOI Properties Group broke ground on Thursday for Senna Puteri, its latest township development located in Sepang, Selangor. The developer is looking to launch 386 units of townhouses in its first phase before the end of the second quarter.

Spanning 117 acres in southern Klang Valley, the 12-phase Senna Puteri will be developed over the next 10 years, offering residential, commercial, recreational areas, green spaces, community hall, surau and more. It has a gross development value (GDV) of over RM3 billion.

IOI Properties breaks ground for 117-acre Senna Puteri in Sepang

The Malaysian Anti-Corruption Commission (MACC) has confirmed that former prime minister Tun Dr Mahathir Mohamad is among individuals under investigation by the commission.

Azam Baki confirms Dr M among individuals under MACC probe

The Court of Appeal has allowed a bid by Tan Sri Muhyiddin Yassin to have a bench of five judges to hear his review application to restore his acquittal by the High Court of four of his abuse of power charges last year.

His lawyer Chetan Jethwani said that Court of Appeal deputy registrar Muhammad Noor Firdaus Rosli informed the parties of the matter on Thursday morning during case management.

Appellate court grants Muhyiddin five-member bench for review of charges

RHB Retail Research said Naim Holdings Bhd is likely to resume its uptrend after the recent consolidation above the 97.5 sen breakout level.

Naim Holdings likely to resume its uptrend, says RHB Retail Research 

RHB Retail Research said NationGate Holdings Bhd is observing a technical breakout after climbing above the RM1.70 immediate resistance on surging trading volume.

NationGate is observing technical breakout, says RHB Retail Research 

Singapore's Keppel said on Thursday its first-quarter net profit excluding the effects of legacy offshore and marine assets was higher, boosted by strong performance in the global asset manager's infrastructure and connectivity segments.

Singapore's Keppel profit rises on strong infra, connectivity performance

KUALA LUMPUR (April 25): Former prime minister Datuk Seri Najib Razak had never instructed 1Malaysia Development Bhd’s (1MDB) management to transfer a total US$1.03 billion to Good Star Ltd, a company linked to the fugitive Low Taek Jho (Jho Low), the court heard on Thursday.

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