The following companies may have unusual price changes in Malaysia trading. Stock symbols are in parentheses, and share prices are from the most recent close. Malaysia’s FTSE Bursa Malaysia KLCI Index fell 0.3 percent to 1,492.05 on Nov. 26.
Affin Holdings Bhd. (AHB MK): The banking group said third- quarter profit rose to 115 million ringgit ($36.4 million) from 106.3 million ringgit a year earlier as revenue climbed. Affin was unchanged at 3.17 ringgit.
MESB Bhd. (MESB MK): The engineering company said it received a buyout offer at 33 sen a share from its biggest shareholder Teoh Hwa Peng for the shares he doesn’t already own. MESB fell 11 percent to 33 sen.
Sime Darby Bhd. (SIME MK): The world’s biggest publicly traded palm oil producer reported a profit of 654.7 million ringgit for the three months to September after two quarterly losses caused by writedowns from project overruns. Sime added 0.1 percent to 8.74 ringgit.
Stone Master Corp. (SMC MK): The supplier of ceramic tiles and sanitary ware said it signed a preliminary agreement to buy a 51 percent stake in JinZhou Everthriving Logistics Co., which supplies and transports liquefied natural gas, for 25 million ringgit. The company said a group of shareholders will issue new shares to help fund the acquisition, it said in a statement. Stone Master last traded at 63 sen on Nov. 25.
Scomi Marine Bhd. (SMB MK): The marine vessel transport services operator said it had a loss of 284.7 million ringgit in the third quarter compared with a profit of 25.5 million ringgit a year earlier. Scomi added 1 percent to 51 sen.
Telekom Malaysia Bhd. (T MK): The fixed-lined phone operator said third-quarter net income more than doubled to 438.5 million ringgit from 179.1 million ringgit a year earlier, bolstered by a one-time gain from the sale of its stake in Measat Global Bhd. Telekom was unchanged at 3.35 ringgit.
Tradewinds Corp. (TWC MK): The property, construction and financial services group said third-quarter net income doubled from a year earlier to 26.6 million ringgit. The stock declined 0.6 percent to 84 sen.
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