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Malaysian Shares Extend Gains on Upbeat Economic Data;Haily Group Soars Over 21%
Malaysian shares extended the winning streak on Thursday after the central bank kept the policy rates unchanged as expected.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 4.7
Haily Group Proposes Bonus Issue of Shares, Warrants; Shares Rally 18%
Haily Group (KLSE:HAILY) proposed bonus issue of about 196.2 million new company shares on the basis of one bonus share for every one existing company share.The Malaysian contractor also proposed an
MY Morning Wrap | Genting Malaysia's Subsidiary Makes Early Redemption of RM1.3 Billion in Medium Term Notes
Stocks to watch: Genting Malaysia, QL Resources.
Pegasus Heights, Aeon Credit, Eurospan, QL Resources, Haily, Genting Malaysia, MUI Properties, PTT Synergy, Annum, Econpile
A brief recap of some business news and corporate announcements that made headlines on Wednesday.
Haily Proposes One-for-one Bonus Issue With Free Warrants
Construction outfit Haily Group Bhd (KL:HAILY) said it plans to reward its shareholders with a bonus issue of one new share for every share held. This will be followed by a free warrant issue on the basis of one warrant for every two shares held, the group said in a bourse filing. The warrants will have a tenure of three years.
Haily Group Unit Bags MYR54 Million Housing Construction Deal; Shares Rise 4%
Haily Group (KLSE:HAILY) unit Haily Construction secured a contract worth 53.7 million ringgit to build terrace houses in Kuala Lumpur, Malaysia. The contract was awarded by Venice View Development, a
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