Pestech gets green light for Bursa listing Tenaga Nasional has been Pestech's main client since 2000, contributing 36 per cent to its revenue in its financial year ended December 31 2010
EITA to step into high-speed elevators KUALA LUMPUR: Elevator maker EITA Resources Bhd, which is enroute for main board listing on Bursa Malaysia this year, plans to venture into high-speed passenger elevator systems to boost its competitive edge in bidding for more projects in Malaysia and overseas.
Sentoria shares end below offer price KUALA LUMPUR: Shares of newly-listed Sentoria Group Bhd fell 9.77 per cent to 85 sen, on its debut on the Main Market of Bursa Malaysia yesterday.
Sentoria IPO oversubscribed KUALA LUMPUR: Sentoria Group Bhd's 20 million shares offered to the public under its initial public offering (IPO) has been oversubscribed by 5.4 times.
China's CSL mulls first overseas plant in Malaysia KUALA LUMPUR: China Stationery Ltd (CSL), the eighth Chinese company to be listed on Bursa Malaysia, has plans to build its first overseas manufacturing plant in Malaysia.
Pavilion REIT to acquire 3 malls KUALA LUMPUR: En route to a listing, Pavilion Real Estate Investment Trust (REIT) plans to buy three shopping malls, namely the Fahrenheit88, the extension to Pavilion Kuala Lumpur Mall (Pavilion Mall) and a soon-to-be-developed mall in USJ Subang Jaya, within the next two years.
Gas Malaysia listing slated for 4th quarter KUALA LUMPUR: MMC Corp Bhd, the flagship company of Tan Sri Syed Mokhtar al-Bukhary, plans to list Gas Malaysia Sdn Bhd on the Main Board of Bursa Malaysia by the fourth quarter of this year.
Hibiscus upbeat despite weak debut KUALA LUMPUR: Hibiscus Petroleum Bhd, which has raised RM235 million from its initial public offering (IPO), remained optimistic even after seeing its stocks open at a 13.6 per cent discount on its debut on Bursa Malaysia Bhd.
Hibiscus raises RM85m more than required KUALA LUMPUR: Hibiscus Petroleum Bhd has managed to raise more than the required RM150 million through its public offering and placement.
OldTown brews up 7-sen closing premium KUALA LUMPUR: Shares of Malaysia's "kopitiam" chain operator OldTown Bhd did well on their debut yesterday, bucking an overall sluggish market with a 7 sen premium at the close.
Bunseng listing by third quarter THE Securities Commission has approved the proposed listing of Bunseng Holdings Bhd, a wholesaler and distributor of building materials.
PeterLabs bullish PETALING JAYA: Animal feed maker PeterLabs Holdings Bhd expects revenue to jump by a fifth this year as it expands abroad.
Inari rides wave of smart mobile devices GEORGE TOWN: Inari Bhd, en route to a listing on Bursa Malaysia's ACE Market, is riding on the robust growth of global smart mobile devices, like smartphones and tablet personal computers (PC).
Bumi Armada poised to raise RM2.77b KUALA LUMPUR: Tycoon Ananda Krishnan's Bumi Armada is raising as much as US$906 million (RM2.77 billion) through an IPO next month, according to a term sheet, in what will be Southeast Asia's second largest stock offering after Hutchinson Port's Singapore listing.
Perked up for market debut KUALA LUMPUR: OldTown White Coffee chain operator, OldTown Bhd, which expects to raise RM79.2 million from its initial public offering (IPO), is optimistic that it will not be another listing slump.
Eversendai ups the ante KUALA LUMPUR: Eversendai Corp Bhd, enroute to a listing on the Main Market of Bursa Malaysia on July 1, is upgrading itself to become a main contractor for high-rise iconic buildings and infrastructure projects.
UOA Dev disappoints on debut KUALA LUMPUR: UOA Development Bhd, which carried out the biggest initial public offering (IPO) so far this year, had a disappointing maiden day on the stock exchange yesterday.
XOX stock oversubscribed 13.2 times KUALA LUMPUR: XOX Bhd's 7.5 million shares offered under its public tranche have been oversubscribed by 13.2 times with a total value of RM85.2 million.
XOX confident revenue will soar this year KUALA LUMPUR: XOX Bhd, en route to a listing on Bursa Malaysia's ACE Market, has forecast its revenue to soar by more than 10 times this year, from RM20.07 million it registered in 2010.
UOA has projects with GDV of RM10b in hand KUALA LUMPUR: Soon-to-be-listed property developer UOA Development Bhd has projects in hand with a gross development value of some RM10 billion, of which about RM2 billion is under construction.
