Atis, Eastern Pacific, Ramunia, TRC: Malaysia Equity Preview
Stock Chart for Atis Corp Bhd (ATIS)
Shares of the following companies may have unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the previous close, unless stated otherwise.
The FTSE Bursa Malaysia KLCI (FBMKLCI) Index fell 0.2 percent to 1,531.47.
Atis Corp. (ATIS MK): Shares of the industrial equipment supplier will be suspended from May 10 after the company failed to submit its annual audited accounts on time, according to a stock exchange statement. Atis added 1.9 percent to 1.09 ringgit.
Eastern Pacific Industrial Corp. (EPIC MK): The oil and gas services provider’s first-quarter profit rose 11 percent from a year earlier to 10.9 million ringgit ($3.7 million) as sales climbed, according to a company statement. The shares were unchanged at 2.40 ringgit.
Fitters Diversified Bhd. (FIT) : Shares of the builder and distributor of fire-safety materials will be suspended from May 10 until further notice after the company failed to submit its annual audited accounts on time, the Kuala Lumpur stock exchange said in a statement. The stock was unchanged at 1.07 ringgit.
Mobif Bhd. (MBF) : Shares of the Internet security company will be suspended from May 10 after the company failed to submit its 2010 audited accounts on time, according to a statement by the stock exchange. The bourse rejected the company’s request for more time to submit the accounts, Mobif said in a separate statement. The shares were unchanged at 3 sen.
Ramunia Holdings Bhd. (RH) : The oil and gas services provider plans to raise as much as 156.6 million ringgit from a rights offer to help finance the acquisition of a yard. It also announced a “capital reconstruction” proposal to eliminate accumulated losses as it seeks to restore its finances, it said in a statement. The stock fell 2.3 percent to 64 sen.
TRC Synergy Bhd. (TRC) : The builder won a 45 million- ringgit construction contract from Boustead Penang Shipyard Sdn., according to a company statement. The shares were unchanged at 1.61 ringgit.
TechnoDex Bhd. (TDEX) : The software company said Priharta Development Sdn. ceased to be a substantial shareholder after it sold 11.4 million shares in the open market at an average 7.6 sen each, stock exchange filings showed. Priharta was previously TechnoDex’s biggest shareholder, according to data compiled by Bloomberg. Its shares rose 6.7 percent to 8 sen.
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