Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Efficient E-Solutions, KNM Group, MMC: Malaysia Stock Preview

Don't Miss Out —
Follow us on:

June 14 (Bloomberg) -- 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 Index fell 0.7 percent to 1,545.88.

Efficient E-Solutions Bhd. (EES MK): The Malaysian data processing company signed a preliminary agreement with Singapore Post Ltd. to work together to provide data and document management services in Indonesia. The companies may provide services in other countries later, Efficient E-Solutions said in a statement. The stock fell 4.4 percent to 22 sen.

KNM Group Bhd. (KNMG MK): The oil and gas services provider said it stands to benefit from Petroliam Nasional Bhd.’s plan to build a $20 billion refining complex. The “addressable market” for KNM in the project is valued at as much as $4 billion, according to company slides presented to analysts at a briefing and made available to the stock exchange. KNM fell 1.6 percent to 1.90 ringgit.

MMC Corp. (MMC MK): The ports and power company’s Malakoff Corp. unit was appointed by the government to build a 1,000 megawatt coal-fired power plant adjoining its existing Tanjung Bin generating facility, according to an exchange filing. MMC fell 2.2 percent to 2.71 ringgit.

Tricubes Bhd. (TRCU MK): Maybank Venture Capital Co. ceased to be a substantial shareholder of Tricubes after selling 3 million shares in the software products developer, an exchange filing showed. The stock was unchanged at 8.5 sen.

UOA Development Bhd. (UOAD MK): The Employees Provident Fund, Malaysia’s largest pension fund, bought 5.4 million shares in the developer, raising its stake to 6.6 percent, an exchange filing showed. The stock slid 2.8 percent to 2.45 ringgit.

YTL Power International Bhd. (YTLP MK): The Employees Provident Fund, Malaysia’s largest pension fund, bought 3.89 million shares in the independent power producer, raising its stake to 10.2 percent, a stock exchange filing shows. The shares fell 0.5 percent to 2.15 ringgit.

To contact the reporter on this story: Chan Tien Hin in Kuala Lumpur at thchan@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.