MyEG proposes placement, Main Board transfer

LAST Sept 30, MyEG Services proposed a private placement exercise, bonus issue and a transfer from the Mesdaq to the Main Board of Bursa Malaysia.

Maybank to buy additional stake in BII

PETALING JAYA: Malayan Banking Bhd will purchase an additional 16.26% stake in PT Bank Internasional Indonesia Tbk for 433 rupiah per share.

AirAsia Sees Strong Demand Despite Crisis

Malaysian airline AirAsia expects stronger passenger growth next year as it adds new routes and planes, saying the darkening economic outlook will boost demand for its budget flights.

Tune Air mulls privatisating AirAsia at RM1.35 per share

PETALING JAYA: Tune Air Sdn Bhd, the major shareholder in AirAsia Bhd, is mulling plans to take the low-cost carrier private at an indicative price of about RM1.35 per share.

Klci Futures Higher at Mid-Day

The Kuala Lumpur Composite Index futures contracts on Bursa Malaysia Derivatives ended the morning session higher on bargain hunting activities, dealers said.

Bursa Malaysia Update:

At 12.30 0.m. today, there were 159 gainers, 292 losers and 192 counters traded unchanged on the Bursa Malaysia.

Efes Pilsen brings blues to city

The Efes Pilsen Blues Festival, Turkey's first and only blues festival, will greet fans during a winter tour from Oct.

Tenaga, MISC lift KLCI out of red

KUALA LUMPUR: Blue chips managed to climb out of the red at midday on Tuesday, lifted by some mild fund buying of Tenaga and MISC while most regional markets were also off their early lows.

Avonsleigh Invest buys into Envair

KUALA LUMPUR: Avonsleigh Invest Corp, a British Virgin Island-registered company has bought into Mesdaq-listed Envair Holding Bhd with the recent acquisition of 8.31%. A filing with Bursa Malaysia showed ...

Lafarge to appeal tax decision

KUALA LUMPUR: Lafarge Malayan Cement Bhd announced on Bursa Malaysia yesterday that its subsidiary LMCB Holding Pte Ltd would appeal a decision by the Singapore government on an issue related to tax payments.