Wasco Greenergy tumbles 12% in disappointing debut
Renewable-energy company’s shares closed 12 sen below its IPO price of RM1 on its maiden trading day.
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bursa malaysia
RM100mil injection from DKNM sale will aid KNM’s recovery
RM100 million cash for working capital will enable KNM to get bank guarantees for new projects.
Genting launches RM6.74bil takeover bid for remaining Genting Malaysia shares
The offer is conditional on Genting receiving valid acceptances that would raise its stake to more than 50% of the total shares issued.
5 company directors fined RM400,000 each over late announcement
Bursa Malaysia publicly reprimands Fitters Diversified Bhd and its directors for breaching the main market listing requirements for not immediately announcing an acquisition.
MONEY THOUGHTS: Harness two business tools
THERE are ambitious business startups that focus, initially, on revenue generation and market-share capture instead of profitability.
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