NSTbusiness Minetech Resources Bhd has proposed a renounceable rights issue of up to 582.66 million new irredeemable convertible preference shares (ICPS) to kick off a series of fundraising exercises.
NSTbusiness Sime Darby Property Bhd is on track to hit its RM2.4 billion sales target this year, according to RHB Research.
NSTbusiness Downside risks are rising for Malaysian banks, says S&P Global Ratings as the firm affirms its ratings on five banks with negative outlook.
NSTbusiness Existing and new special purpose acquisition companies (SPACs) in Malaysia should not bend over backwards to become public-listed companies if there are no worthwhile assets to acquire.
NSTbusiness Organisational plasticity has always been the key 'digital trait' of Serba Dinamik Group Bhd as it once again shows its capability in adapting to changes and innovating with speed.
NSTbusiness At 9 am, the local note appreciated to 4.1755/1775 from 4.1800/1825 at Thursday's close.
NSTbusiness Market breadth was positive with gainers outpacing losers 234 to 133, while 287 counters were unchanged, 1,658 untraded and 15 others suspended.