<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 17): ECM Libra Group Bhd saw 3.67% of its equity stake traded in a few off-market transactions today.</p></div>

<div class=newsTextDataWrapInner><p>According to <em>Bloomberg</em>, a total of 17.63 million shares worth RM5.29 million or 30 sen per share were traded in three off-market transactions between 4:37pm to 4:42pm today.</p></div>

<div class=newsTextDataWrapInner><p>Two blocks consisted of 4.41 million shares, while one block consisted of 8.82 million shares.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The transaction price of 30 sen is at a 13.21% premium over today’s closing price of 26.5 sen per share.</p></div>

<div class=newsTextDataWrapInner><p>The identities of those who participated in the trade are currently unknown.</p></div>

<div class=newsTextDataWrapInner><p>According to its annual report for the financial year ended Dec 31, 2019 (FY18), the groups largest shareholders were Tune Group Sdn Bhd which held a 22.95% stake; 21.48% held by nominee account via Bank Julius Baer &amp; Co Ltd; and Truesource Pte Ltd, holding an 11.81% stake.</p></div>

<div class=newsTextDataWrapInner><p>Shares of ECM Libra closed 6% or 1.5 sen higher at 26.5 sen today, giving it a market capitalisation of RM127.18 million. The counter saw 76,600 shares traded. &nbsp;</p></div>


KUALA LUMPUR (Dec 17): ECM Libra Group Bhd saw 3.67% of its equity stake traded in a few off-market transactions today.

According to Bloomberg, a total of 17.63 million shares worth RM5.29 million or 30 sen per share were traded in three off-market transactions between 4:37pm to 4:42pm today.

ECM Libra sees 3.67% stake traded off-market

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


AirAsia X, Capital A, ViTrox, PavREIT, Luxchem, Chin Teck, MKHOP, TAS Offshore, Inta Bina, Heineken, Pantech and Infoline Tec 

<p>Chin Teck Plantations Bhd’s net profit surged sevenfold for the financial quarter ended Feb 29, 2024 (2QFY2024) thanks to higher palm oil production as well as lower operating and administrative expenses.</p>


Chin Teck’s 2Q net profit up sevenfold

<p>Pavilion Real Estate Investment Trust (PavREIT) reported that its first quarter net property income (NPI) jumped 33.2% year-on-year, thanks largely to contribution from its newly acquired mall, Pavilion Bukit Jalil. The increase was also attributed to higher occupancy rates and higher revenue rent from its other retail malls.</p>


PavREIT’s 1Q NPI jumps 33%, pays 2.48 sen distribution per unit

<p>The Malaysian Anti-Corruption Commission (MACC) has served a senior police officer arrested on suspicion of protecting an illegal syndicate in the country's capital a notice to declare his assets before April 28.</p>


Senior police officer arrested for alleged corruption given until April 28 to declare assets to MACC

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US economic growth slows more than expected in first quarter

<p>TAS Offshore Bhd’s net profit has leapt by nine-fold year-on-year for the financial quarter ended Feb 29, 2024 (3QFY2024) due to more vessels delivered.</p>


TAS Offshore’s 3Q net profit up nine-fold, shares surge to eight-year high

<p>NEW YORK (April 26): Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S. economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms META.O.</p>

<p>Data on...

<p>US economic growth for the first quarter could be revised higher and inflation will ease to more normal levels, Treasury Secretary Janet Yellen told <em>Reuters </em>on Thursday after a clutch of "peculiar" factors held the economy to its weakest showing in nearly two years.</p>


US growth may get revised up, inflation will ebb

<p>Hulu Selangor Bersatu action division head has been named as Perikatan Nasional's (PN) candidate for the Kuala Kubu Baharu (KKB) state by-election on May 11.</p>


PN names Hulu Selangor Bersatu acting division head as candidate for KKB by-election

<p>Harvey Weinstein's 2020 conviction for sexual assault and rape was overturned by New York's highest court, reopening the landmark case that fuelled the #MeToo movement and highlighting the challenges of holding powerful men accountable.</p>


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<p>As part of its continuing quest to add long-haul destinations to its routes over the long term, AirAsia X is exploring possible destinations in Eastern European countries such as Poland and Hungary, and the airline is not ruling out revisiting London and exercising its landing rights to Orlando in the United States.</p>


AirAsia X mulls flying to Poland, Hungary, London and Orlando

<p>Prime Minister Datuk Seri Anwar Ibrahim on Thursday gave assurance that the revised Public Service Remuneration System (SSPA), which will be announced soon, will be the best ever introduced in the country.</p>


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<p>The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives hit a two-month low on Thursday, due to weaker soybean oil futures on the Chicago Board of Trade (CBOT), said a dealer.</p>

<p>Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said the market sentiment was also weighed down by the Dalian Commodity Exchange’s refined, bleached, and deodorised palm olein during Asian trading hours.</p>


CPO futures hit two-month low at the close, in line with weaker rival oils

<p>Infoline Tec Group Bhd has proposed to transfer its listing from the ACE Market to the Main Market of Bursa Malaysia as it has met the profit requirements for the transfer.</p>


Infoline Tec seeks transfer from ACE Market to Main Market

<p>Al-’Aqar Healthcare Real Estate Investment Trust (Al-’Aqar REIT) is actively targeting to acquire yield-accretive properties from KPJ Healthcare Bhd as part of its asset expansion plan.</p>

<p>The proposed exercise will be funded through a combination of unit issuance and cash via bank borrowings, it said in a filing with Bursa Malaysia on Thursday.</p>


Al-`Aqar Healthcare REIT aims to acquire yield-accretive properties from KPJ Healthcare

<p>Heineken Malaysia Bhd announced on Thursday that it has nominated Martijn Rene van Keulen as its new managing director (MD).</p>


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<p>Malaysia nevers forget the sacrifices Australian and New Zealand heroes made during the World War II particularly in Sandakan and the lessons of history will be carried forward to the new generation.</p>


Malaysia never forgets sacrifices of Australian, New Zealand war heroes in Sandakan

<p>（吉隆坡25日讯）将接管壹必投集团（Capital A Bhd）航空业务的亚航长程（AirAsia X Bhd），周四公布了收购计划的细节。</p>
