<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 12): Eduspec Holdings Bhd saw 34.5 million of its shares, representing a 3.7% stake, traded off-market today.</p></div>

<div class=newsTextDataWrapInner><p>According to Bloomberg data, a total of two blocks of shares comprising 17 million and 17.5 million each were crossed at 15 sen per share.</p></div>

<div class=newsTextDataWrapInner><p>This is one sen higher than the counter’s closing price of 14 sen, although it matched the group’s intraday high.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>It is not immediately known who the buyers and sellers of the shares are.</p></div>

<div class=newsTextDataWrapInner><p>The education provider’s largest shareholder is chief executive officer Lim Een Hong, who holds a 17.71% stake. This includes an indirect interest via Victory Solutions (M) Sdn Bhd, which has a 9.19% stake.</p></div>

<div class=newsTextDataWrapInner><p>In September, Lim stepped down as chairman of the group and was replaced by independent director Datuk Wee Hoe Soon @ Gooi Hoe Soon.</p></div>

<div class=newsTextDataWrapInner><p>Separately, the group had in August proposed a private placement of 131.55 million new shares representing up to 10% of its total issued shares, at 15 sen apiece.</p></div>

<div class=newsTextDataWrapInner><p>The placement is expected to raise up to RM18.42 million for its working capital requirements and the migration of its current information technology classes, as well as to localise the language curriculum for its Robotics and Computer Science for Schools Programme.</p></div>


KUALA LUMPUR (Oct 12): Eduspec Holdings Bhd saw 34.5 million of its shares, representing a 3.7% stake, traded off-market today.

According to Bloomberg data, a total of two blocks of shares comprising 17 million and 17.5 million each were crossed at 15 sen per share.

This is on...

Eduspec sees 3.7% traded off-market

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The proposed diversification is aimed at expanding its revenue stream and reducing its reliance on the wood-based and sand mining industries, said the loss-making company in a bourse filing on Thursday.

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KUALA LUMPUR (April 18): 7-Eleven Malaysia Holdings Bhd, known for its extensive network of convenience stores, declared on Thursday an interim dividend of 2.7 sen per share for its financial year ended Dec 31, 2023 (FY2023), after posting a record high net profit.

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Perikatan Nasional (PN) has welcomed the government's decision to allocate funds to elected representatives from the opposition.

Opposition Leader Datuk Seri Hamzah Zainudin, in a statement on Thursday, however, said that PN will decide on the matter after perusing the terms of the draft memorandum of understanding (MOU) being prepared by the government.

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The world's second-biggest economy grew faster than expected in the first quarter, but several March indicators, such as property investment, retail sales and industrial output showed that domestic demand remains frail, weighing down momentum.

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Several Malaysia Airlines and AirAsia flights between Sabah, Sarawak, and Kuala Lumpur International Airport (KLIA) were cancelled on Thursday due to volcanic eruption at Mount Ruang, Indonesia.

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<p>Apple Inc chief executive officer Tim Cook will meet Singapore’s leader at the tail end of his most extensive Southeast Asia tour in years, searching for new growth markets and manufacturing locations to offset headwinds in China.</p>


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<p>Elon Musk said some of the severance packages sent to former Tesla Inc employees as part of its biggest-ever workforce reduction were too low.</p>


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<p>Axiata Group Bhd, Malaysia’s largest telecommunications company by revenue, and India’s Bharti Airtel Ltd signed a definitive agreement on Thursday to combine their Sri Lankan operations.</p>


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<p>Alphabet-owned Google&nbsp;is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs.</p>
