The FTSE Bursa Malaysia KLCI Index (FBMKLCI) fell 0.4 percent to 1,574.80, headed for its first decline in seven days. The gauge has risen 1.5 percent this week, poised for a second straight weekly gain.
Bintai Kinden Corp. (BKC) advanced 8.8 percent to 37 sen, bound for its steepest increase since March 29. The builder’s fourth-quarter net income jumped to 9.5 million ringgit ($3 million) from 46,000 ringgit a year earlier, it said in a stock-exchange filing.
Pasdec Holdings Bhd. (PSD) surged 18 percent to 33.5 sen, on course for its largest gain since Oct. 13. The property developer reported first-quarter profit of 9.5 million ringgit compared with a loss of 838,000 ringgit a year earlier, it said in a statement. The stock resumed trading today after Pasdec submitted outstanding audited financial statements.
Sumatec Resources Bhd. (SMTC) , an engineering group, slid 5 percent to 19 sen, the most since May 24. First-quarter net loss widened to 18.3 million ringgit from 1.1 million ringgit a year earlier, it said in an exchange filing.
To contact the reporter on this story: Gan Yen Kuan in Kuala Lumpur at email@example.com
To contact the editor responsible for this story: Darren Boey at firstname.lastname@example.org