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

Ajiya, Bursa, Mitrajaya, Sapura, Star: Malaysia Equity Preview

By Barry Porter and Chan Tien Hin

July 20 (Bloomberg) -- 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 0.4 percent to 1,555.64.

Ajiya Bhd. (AJY MK): The Malaysian building materials said second-quarter net income rose 13 percent to 7.2 million ringgit ($2.4 million) from a year earlier, according to an exchange filing. The stock gained 2.3 percent to 1.76 ringgit on July 18.

Bursa Malaysia Bhd. (BURSA MK) The exchange operator may extend derivatives trading hours as early as next year and “liberalize” market access as it aims to attract new product offerings, Chief Executive Officer Tajuddin Atan told reporters in Kuala Lumpur. Bursa was unchanged at 7.63 ringgit.

Mitrajaya Holdings Bhd. (MHB MK): The builder won a 13.5 million-ringgit contract to construct a freshwater laboratory complex, according to an exchange filing. Its shares climbed 3.5 percent to 58.5 sen.

Sapura Resources Bhd. (SRB MK): The automotive retailer agreed to build and develop an office tower, convention center and retail podium in Kuala Lumpur with KLCC (Holdings) Sdn. The agreement is part of Sapura’s plan to venture into property development, the company said in a statement. The stock added 1.9 percent to 1.07 ringgit.

Star Publications Bhd. (STAR MK): The newspaper publisher agreed to invest 35 million ringgit in Hong Kong’s Li TV, which broadcasts an English-language lifestyle channel across Asia. This is the group’s first investment in television media space, it said in a statement. The stock was unchanged at 3.41 ringgit.

V.S. Industry Bhd. (VSI MK): The electronics parts manufacturer will receive proceeds of $9.9 million after selling its stake in PT GY Plantation Indonesia, according to a company statement. Its shares fell 1.3 percent to 1.56 ringgit.

Yinson Holdings Bhd. (YNS MK): The transport group fixed the price of its private placement shares at 1.70 ringgit each, according to an exchange filing. That’s a 6.1 percent discount to the stock’s recent average market price, it said. Yinson fell 1.6 percent to 1.80 ringgit.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.