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Malaysia Closing Bell on 16 July | MRDIY Was the Top Gainer of FBM KLCI
MRDIY was the top gainer, rising 5.61 percent to close at RM 2.070. The top loser was SIME, losing 3.25 percent to end at RM 2.680.
MISC Could Take a Substantial Stake in Bumi Armada
MISC Bhd (KL:MISC) is believed to be in talks with the shareholders of Bumi Armada Bhd (KL:ARMADA) and could take up a substantial stake in the floating production storage and offloading (FPSO) player, sources familiar with the matter tell The Edge. It is understood that base-level nego...
Express News | Armada Announces $40M in Strategic Funding Round Led by M12
Malaysia Closing Bell on 11 July | SUNWAY Was the Top Gainer of FBM KLCI
SUNWAY was the top gainer, rising 4.33 percent to close at RM 4.100. The top loser was NESTLE, losing 1.55 percent to end at RM 120.800.
MISC-Bumi Armada Merger Too Difficult to Pull Off, Says UOB Kay Hian
A merger between MISC Bhd (KL:MISC) and Bumi Armada Bhd (KL:ARMADA) may be too difficult to pull off, UOB Kay Hian said on Wednesday, flagging potential stakeholder resistance and a lack of financial synergy.
MISC Says No Development For Disclosure Over Stake Buy In Bumi Armada
MISC has stated that there is 'no development within any opprtunity for disclosure' over news report that the shipping giant will be taking a stake in Bumi Armada.
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