<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 9): DBE Gurney Resources Bhd's managing director Datuk Ding Seng Huat has raised his direct shareholding in the integrated poultry company to 13.08%, from 9.9% previously.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia today, DBE Gurney said Ding made an off-market acquisition of 25 million shares, or a 3.18% stake, at four sen apiece today.</p></div>

<div class=newsTextDataWrapInner><p>Subsequent to the acquisition, Ding's direct shareholding in the company is 102.9 million shares or a 13.08% stake.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a separate filing, DBE Gurney said its executive chairman Datuk Ding Chong Chow has ceased to be its substantial shareholder after an off-market disposal of 28.52 million shares, or a 3.62% stake, by Fortune Junction Sdn Bhd, a company in which he is deemed to have an interest.</p></div>

<div class=newsTextDataWrapInner><p>The disposal, which was transacted at four sen per share as well, has resulted in Chong Chow's direct shareholding being reduced to 16.14 million shares or a 2.05% stake.</p></div>

<div class=newsTextDataWrapInner><p>DBE Gurney traded unchanged at 4.5 sen today, valuing it at RM37.91 million.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>


KUALA LUMPUR (May 9): DBE Gurney Resources Bhd's managing director Datuk Ding Seng Huat has raised his direct shareholding in the integrated poultry company to 13.08%, from 9.9% previously.

In a filing with Bursa Malaysia today, DBE Gurney said Ding made an off-market acquisition of 25 ...

DBE Gurney MD ups stake to 13%, chairman ceases to be substantial shareholder

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Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from Alphabet pushed its market value over US$2 trillion (RM9.5 trillion), while an in-line inflation reading calmed interest rate jitters.

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<p>KUALA LUMPUR (April 26): Gamuda Land, the property arm of Gamuda Bhd, has unveiled partners for Gardens Square, the latest commercial development at the 810-acre Gamuda Gardens in Sungai Buloh.</p>


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<p>The Employees Provident Fund (EPF) has emerged as the second largest shareholder of aero-engine components manufacturer Sam Engineering &amp; Equipment (M) Bhd, after Singapore's sovereign wealth fund Temasek Holdings Pte Ltd.</p>


EPF emerges as second largest shareholder of Sam Engineering

<p>Prime Minister Datuk Seri Anwar Ibrahim on Friday suggested all parties mentioned in a recent report&nbsp;alleging that the government is planning to issue&nbsp;a licence for a casino in&nbsp;Forest City, Johor, to take necessary action&nbsp;against the foreign news agency.</p>


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<p>Shares of AirAsia X Bhd (AAX) rose to a six-month high as investors cheered a restructuring plan that would make the company the largest low-cost carrier in Southeast Asia.</p>


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<p>YNH Property Bhd (YNH) issued a clarification to bondholders via Malaysian Trustee Bhd on the technical default of its Islamic notes, as well as the status of its mall sale and the appointment of a new auditor.</p>


YNH says it has remedied 'technical default' involving sukuk programme

<p>Nestle (Malaysia) Bhd is slated to raise prices for 22 of its products starting July 1, according to the Federation of Sundry Goods Merchants Associations of Malaysia (FSGMAM).</p>


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<p>Gadang Holdings Bhd has secured a RM280 million contract to design and develop the Klang Valley Data Centre&nbsp;Block 2 in Cyberjaya from TM Technology Services Sdn Bhd, a business entity of Telekom Malaysia Bhd.</p>


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<p>MYAirline Sdn Bhd will continue to retain its nominated post holders as well as key personnel, while ensuring that its air operator’s certificate (AOC) documentation remains as current as possible.</p>


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<p>The Malaysian Anti-Corruption Commission (MACC) has given businessmen Mirzan Mahathir and Tan Sri Mokhzani Mahathir a 30-day extension from Friday to declare their assets to the anti-graft body.</p>


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<p>D&amp;O Green Technologies Bhd, which mainly makes automotive light-emitting diodes (LEDs), is optimistic of at least 10% revenue growth this year and plans to build another facility in anticipation of “significant growth” over the next decade.</p>


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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.</p>


<p>Penang Chief Minister Chow Kon Yeow&nbsp;has announced that he is in talks with a group of companies which have recently participated in Selangor’s integrated circuit (IC) design park.</p>


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<p>KUALA LUMPUR (April 26): Software company Microlink Solutions Bhd said on Friday that it has secured a contract worth RM56.45 million to implement and maintain a new core banking system for Bank Islam Brunei Darussalam Bhd.</p>


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<p>Hong Kong and China stocks extended gains on Friday, with the Hang Seng Index logging its best week since October 2011, as sentiment recovered further after strategists from global investment houses upgraded their views on Chinese shares.</p>


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<p>Malaysia is poised to be the next home of Zhejiang Geely Holding Group Co Ltd’s (Geely) methanol-powered vehicles, after China and the European market.&nbsp;</p>


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<p>KUALA LUMPUR (April 26): China will firmly support Malaysia in pursuing a development path suited to its national conditions, and support Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim in promoting the principle of "Malaysia Madani" in governance.</p>

<p>China’s Foreign Minister Wang Yi sa...