Some 12.55 million shares in Apex Equity Holdings Bhd, representing a 6.19% stake in the stockbroking firm, were traded off-market on Friday (Dec 9),

Bloomberg data showed that the shares were sold in three tranches for RM15.57 million or RM1.24 per share. The price represented a premium of 5.08% over Apex Equity’s last closing price of RM1.18 in the open market.

Apex Equity sees 6.19% stake cross off market

KUALA LUMPUR (Dec 7): Printing inks and electrical discharge machining products manufacturer Toyo Ventures Bhd saw 3.74% of its shares traded off market on Wednesday (Dec 7).

3.74% of Toyo Ventures shares traded off market

KUALA LUMPUR (Nov 17): Logistic service provider Swift Haulage Bhd saw 70.28 million shares cross off the market on Thursday (Nov 17). This represents 7.95% of the company’s 884.42 million shares.  

According to Bloomberg data, the shares were transacted in 12 blocks for a total value of RM28.15 million.

7.95% stake in Swift Haulage traded off market for RM28.15 mil

Tanco Holdings Bhd's Warrants C (2022/2025), which were listed in September, saw 123 million warrants — representing a 13.93% stake — traded in an off-market transaction on Friday (Nov 11).

This is more than 90 times its open market trading volume of 13.59 million warrants for the day.

About 14% of Tanco’s Warrants C traded at a discount in off-market deal

Nova MSC Bhd saw 47.79 million shares, representing a 4.06% stake, transacted off-market on Friday (Nov 11).

The transaction was carried out in a single block at RM4.54 million or 9.5 sen per share, according to Bloomberg data.

Nova MSC's biggest shareholder Ooi Keng Thye raises stake to 15%

Engtex Group Bhd saw 26.66 million of its warrants B (warrants 2021/2026) that were listed in September last year, representing 24.44% of the total warrants B issued, traded in off-market trades on Thursday (Nov 10).

Bloomberg data showed that the pipe manufacturer's warrants crossed at 1.5 sen apiece or a total of RM399,830, a discount of 90.91% from the warrants’ closing price of 16.5 sen apiece.

Nearly 25% of Engtex’s warrants B crossed in off-market trades

EP Manufacturing Bhd saw 4.55% of its shares traded off-market on Thursday (Nov 10).

According to Bloomberg, 10.03 million of the auto parts maker’s shares were traded in two tranches at RM1 per share. The transacted price represents a 4.76% discount over the stock’s closing price of RM1.05.

The identities of those who participated in the trades are currently unknown.

EP Manufacturing sees 4.55% stake traded off-market

Ireka Corp Bhd, which announced a slew of new contracts amid shareholder changes in recent months, saw some 21.61 million shares traded off-market, representing some 9% in the construction firm.

The shares were traded in five blocks of between 2.34 million shares and 6.5 million shares at 67 sen per share, for a total of RM14.48 million.

Ireka Corp sees 9% stake traded off-market

Green Packet Bhd saw 60 million shares change hands at 80 sen, which is a nearly 16% premium over today’s closing at 69 sen.

Bloomberg data showed that there were three transactions with 20 million shares each crossed off market shortly after the lunch break

6% stake in Green Packet crossed off market at price higher than today's closing  

Hextar Global Bhd saw some 90 million shares representing an 11.12% stake in the company traded off-market today.

The block of shares was transacted at 70 sen per share – a premium of 16 sen or 29.63% over the company's closing price of 54 sen today – for RM63 million in total.

Hextar Global sees 11.12% stake cross off-market

KUALA LUMPUR (March 10): Property developer Jiankun International Bhd saw 9.89 million shares, representing a 5.93% stake, in the company, crossed off-market today.

According to Bloomberg data tracking trade of 300,000 shares or more, the shares were transacted in three blocks.

5.9% stake in Jiankun International traded off market

Timber company Subur Tiasa Holdings Bhd saw 20.94 million shares crossed off-market yesterday. This represents 11.13% of the company's total 188.11 million shares.

According to Bloomberg data, the shares were transacted in two blocks, worth a total of RM7.54 million.

Subur Tiasa sees 11% stake traded off-market

Malaysian Genomics Resource Centre Bhd (MGRC) saw 29 million shares crossed off-market today. This represents 28.02% of the company's total of 103.51 million shares.

According to Bloomberg data tracking trades of 300,000 shares or more, the stake crossed in one block for a total of RM7.11 million or 24.5 sen per share. The transacted price is an 11.36% premium to the stock's last closing price of 22 sen. It is not immediately known as to whom the parties involved in the transaction are

28% stake in Malaysian Genomics traded off-market

KUALA LUMPUR (March 3): Tyre-retreading materials manufacturer Eversafe Rubber Bhd saw 12 million shares crossed off-market today. This represents 4.99% of the company's total 240.59 million shares.

According to Bloomberg data tracking trades of 300,000 shares or more, the shares crossed in one block for a total of RM1.8 million or 15 sen a share. It is not immediately known as to whom the parties involved in the transaction are.

Eversafe Rubber sees 5% stake traded off market

Retail sales typically slow in the second quarter of the year as consumers take a breather from spending after the festivities in the first quarter. As such, when retailers say their sales fell short of expectations during the two major festive periods so far this year, it is time to pay attention.

Retailers fear current weakness in consumer spending

Canadian police on Friday made arrests linked to the murder of Sikh separatist leader Hardeep Singh Nijjar in the province of British Columbia in June 2023, a source directly familiar with the matter said.

The source, who requested anonymity given the sensitivity of the case, said the Royal Canadian Mounted Police would brief media later on Friday.

Canada police make arrests linked to murder of Sikh leader Hardeep, says source

Just over six months ahead of the US election, the world is starting to consider what a return to a Trump presidency might mean. While Americans might be weighing up the difference between the two candidates domestic policies, the rest of the globe is more interested in what foreign policy decisions he might make.

What a second Trump presidency might mean for the rest of the world

The European Commission has warned three Chinese electric vehicle makers that they have not supplied sufficient information for its anti-subsidy investigation, according to two people familiar with the case.

If the Commission concludes that the provided information from sampled companies BYD, SAIC and Geely is insufficient, it could use evidence available elsewhere to compute tariffs, a move that can inflate them.

EU says information from three Chinese EV makers insufficient

Wall Street's main indexes advanced on Friday after a softer-than-expected jobs report revived hopes of the Federal Reserve cutting interest rates this year, while gains in Apple and Amgen also helped.

US job growth slowed more than expected in April and the increase in annual wages fell below 4% for the first time in nearly three years. The unemployment rate came in higher than estimated.

Wall St rallies after soft jobs data allays rate jitters

Prime Minister Datuk Seri Anwar Ibrahim has given the assurance that salary increase for civil servants starting this December, as announced two days ago, can be implemented through strict financial management.

Anwar, who is also Finance Minister, said the projected salary adjustment, estimated to cost over RM10 billion from next year onward, is feasible with disciplined financial oversight.

Civil servants salary hike achievable through prudent financial management — Anwar

Mastering Artificial Intelligence (AI) is crucial to ensure Malaysians themselves determine the cultural and moral values within this technology.

Prime Minister Datuk Seri Anwar Ibrahim said if AI is not mastered, the values and morals embedded in it will be determined by those who control the technology, particularly from Western countries.

Master AI to shape own moral values, cultural impact in technology — PM

Pakatan Harapan (PH) candidate Pang Sock Tao has unveiled a five-pronged manifesto for the Kuala Kubu Baharu (KKB) state by-election.

Themed 'Kekal Kuala Kubu', the manifesto focuses on economic aspects; facilities; environment and recreation; heritage and culture; and the people's well-being.

KKB polls: PH candidate unveils five-point manifesto

Johor Menteri Besar Datuk Onn Hafiz Ghazi hopes more Johoreans living outside Johor will return to the state and contribute ideas to ensure progress and development in the state that they were born in.

According to Onn Hafiz, the state government has initiated efforts to attract Johoreans who have progressed in their professional careers to come back and serve the state in efforts to turn Johor into developed status.

Onn Hafiz hopes Johoreans living elsewhere can come back and contribute ideas to develop the state

MJets Air Sdn Bhd has entered into an aircraft charter agreement with Teleport Everywhere Pte Ltd (Singapore).

MJets Air is the commercial air cargo operator of MMAG Aviation Consortium Sdn Bhd, under the umbrella of MMAG Holdings Bhd, while Teleport, which caters to Teleport Commerce Malaysia Sdn Bhd, is an integrated logistics solutions provider and logistics venture of Capital A Bhd.

MJets Air inks aircraft charter agreement with Teleport Everywhere

Seventy-eight property owners in Hatten Square, Melaka, have obtained a summary judgement from the High Court there against the main developer, MDSA Development Sdn Bhd, which requires the company to pay them RM2.009 million in rental arrears for a mix of commercial and residential units, and the return of RM591,143.90 as payment for refurbishments that were never done.

Judge Mohd Radzi Abdul Hamid allowed the plaintiffs' application for a summary judgment as he ruled that there was no arguable case.

78 property owners obtain summary judgment against Hatten Square developer over unpaid rents, non-existent refurbishments

KUALA LUMPUR (May 3): Here is a brief recap of some business news and corporate announcements that made the headlines on Friday:

Boustead Heavy Industries Corp Bhd’s (BHIC) planned disposal of its 20.77% stake in Lumut Naval Shipyard Sdn Bhd (Lunas) to the Ministry of F...

BHIC, Berjaya Corp, F&N, Pestech, PetGas, XOX, TT Vision, Uzma, SLP, WTK, Ranhill Utilities and Sarawak Cable

Boustead Heavy Industries Corp Bhd’s (BHIC) planned disposal of its 20.77% stake in Lumut Naval Shipyard Sdn Bhd (Lunas) to the Ministry of Finance (Inc)-owned Ocean Sunshine Bhd has turned unconditional after shareholders of BHIC endorsed the RM1 deal.

BHIC’s stake sale in LCS contractor to MOF turns unconditional

The Road Transport Department (RTD) has issued a recall notice for 600 units of Chery's Omoda 5 model vehicles, effective immediately, in response to a widely circulated incident on social media that occurred on April 28.

In a statement, the RTD announced that they have summoned Chery Corporate Malaysia Sdn Bhd to conduct a thorough investigation and gather additional information to ensure the safety of both vehicle owners and road users.

RTD issues immediate recall of 600 Chery Omoda 5 SUVs

Perak Mufti Datuk Seri Wan Zahidi Wan Teh said accusing any party of insulting Islam must be proven before considering a boycott.

He said one of the crucial elements in criminal behaviour is intent or "alqasdul jinaei" (criminal intent).

Allegations of insulting Islam must be proven before boycott — Perak Mufti

Prime Minister Datuk Seri Anwar Ibrahim has given the assurance that salary increase for civil servants starting this December, as announced two days ago, can be implemented through strict financial management.

Anwar, who is also Finance Minister, said the projected salary adjustment, estimated to cost over RM10 billion from next year onward, is feasible with disciplined financial oversight.

Pakatan Harapan (PH) candidate Pang Sock Tao has unveiled a five-pronged manifesto for the Kuala Kubu Baharu (KKB) state by-election.

Themed 'Kekal Kuala Kubu', the manifesto focuses on economic aspects; facilities; environment and recreation; heritage and culture; and the people's well-being.

Just over six months ahead of the US election, the world is starting to consider what a return to a Trump presidency might mean. While Americans might be weighing up the difference between the two candidates domestic policies, the rest of the globe is more interested in what foreign policy decisions he might make.

Stern action will be taken against retailers, distributors and importers of products with labels discriminating against palm oil, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

He said those found guilty could be fined up to RM250,000 under the Trade Descriptions (Prohibition of Use of Statement, Expression or Indication) (Oil Palm Product and Palm Oil Goods) Regulations 2022.

Stern action on traders discriminating against palm oil products — Johari

Johor Menteri Besar Datuk Onn Hafiz Ghazi hopes more Johoreans living outside Johor will return to the state and contribute ideas to ensure progress and development in the state that they were born in.

According to Onn Hafiz, the state government has initiated efforts to attract Johoreans who have progressed in their professional careers to come back and serve the state in efforts to turn Johor into developed status.

The housing problem that has plagued 245 families involving five estates in Bestari Jaya (formerly Batang Berjuntai) in Hulu Selangor for decades will finally be resolved in the near future.

Housing and Local Government Minister Nga Kor Ming said the government will announce good news next week in relation to the estate workers who had been evicted without a home to live in.

Nga: Govt to announce good news on housing issue involving five estates in Bestari Jaya

The European Commission has warned three Chinese electric vehicle makers that they have not supplied sufficient information for its anti-subsidy investigation, according to two people familiar with the case.

If the Commission concludes that the provided information from sampled companies BYD, SAIC and Geely is insufficient, it could use evidence available elsewhere to compute tariffs, a move that can inflate them.

Wall Street's main indexes advanced on Friday after a softer-than-expected jobs report revived hopes of the Federal Reserve cutting interest rates this year, while gains in Apple and Amgen also helped.

US job growth slowed more than expected in April and the increase in annual wages fell below 4% for the first time in nearly three years. The unemployment rate came in higher than estimated.

The Congress of Union of Employees in the Public and Civil Services Malaysia (Cuepacs) has urged all parties not to politicise the issue regarding the welfare of civil servants, including the pay hike announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday (May 1).

Its president, Datuk Dr Adnan Mat, said Cuepacs was disappointed when the issue of a pay hike for civil servants was politicised to the extent that it gave rise to the move to frustrate the government's intention by denying support in Parliament.

Don't politicise issue on welfare of civil servants — Cuepacs

Canadian police on Friday made arrests linked to the murder of Sikh separatist leader Hardeep Singh Nijjar in the province of British Columbia in June 2023, a source directly familiar with the matter said.

The source, who requested anonymity given the sensitivity of the case, said the Royal Canadian Mounted Police would brief media later on Friday.

MJets Air Sdn Bhd has entered into an aircraft charter agreement with Teleport Everywhere Pte Ltd (Singapore).

MJets Air is the commercial air cargo operator of MMAG Aviation Consortium Sdn Bhd, under the umbrella of MMAG Holdings Bhd, while Teleport, which caters to Teleport Commerce Malaysia Sdn Bhd, is an integrated logistics solutions provider and logistics venture of Capital A Bhd.

Minister of Housing and Local Government Nga Kor Ming is ready to cooperate with the Election Commission (EC) in connection with complaints regarding the announcement on the allocation of RM5.21 million to the Hulu Selangor Municipal Council (MPHS).

He said the complaint, lodged by Perikatan Nasional (PN) that the announcement he made ahead of the Kuala Kubu Baharu (KKB) state by-election, should not have been an issue as it wasn't made during the campaign period.

KKB polls: Nga ready to cooperate with EC over allocation announcement

Mastering Artificial Intelligence (AI) is crucial to ensure Malaysians themselves determine the cultural and moral values within this technology.

Prime Minister Datuk Seri Anwar Ibrahim said if AI is not mastered, the values and morals embedded in it will be determined by those who control the technology, particularly from Western countries.

The Umno Supreme Council which met on Friday has pledged to offer its full commitment to assist and support Pakatan Harapan (PH) candidate Pang Sock Tao who is representing the Unity Government in the Kuala Kubu Baharu by-election.

Umno secretary-general Datuk Dr Asyraf Wajdi Dusuki in a statement said the party will fully mobilise its election machinery from all divisions in Selangor and states led by the party.

Umno to mobilise machinery to assist, support Unity Govt's candidate in KKB by-election

Prime Minister Datuk Seri Anwar Ibrahim has never sidelined the Indian community in this country. In fact, he has increased allocations for them, said Deputy Entrepreneur Development and Cooperatives Minister Datuk R Ramanan.

Ramanan said that additional funds, such as RM30 million for the SPUMI Financing Scheme (SPUMI Goes Big) and a special fund of RM50 million from Amanah Ikhtiar Malaysia (AIM) for the Prosperty, Empowerment &amp; New Normal For Indian Women (PENN) programme, set to benefit over 10,000 Indian women entrepreneurs, could not have been realised without the prime minister’s mandate.

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