Highlights

27 Nov 2024

Watch out for the ringgit factor in 3Q corporate earnings

THE corporate earnings reporting season for the quarter ended Sept 30 has started, with more companies releasing their financial results in the next two weeks. The general expectation is that […]

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27 Nov 2024

Azam Jaya surges 40% on Main Market debut

KUALA LUMPUR (Nov 11): Sabah-based Azam Jaya Bhd (KL:AZAMJAYA) ended its debut on the Main Market of Bursa Malaysia on Monday with a closing price of RM1.09, a 39.74% or […]

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27 Nov 2024

Construction firm Azam Jaya posts RM4.65 mil profit in 2Q ahead of listing

KUALA LUMPUR (Nov 7): Road infrastructure construction firm Azam Jaya Holdings Bhd (KL:AZAMJAYA), set to list on the Main Market of Bursa Malaysia next Monday (Nov 11), reported a net […]

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27 Nov 2024

Azam Jaya’s 25 mil IPO shares for public oversubscribed by 23 times

KUALA LUMPUR (Oct 28): Azam Jaya Bhd (KL:AZAMJAYA), a road infrastructure construction firm based in Sabah, announced that its initial public offering (IPO) was oversubscribed by 23 times for the […]

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27 Nov 2024

TA Securities ascribes RM1.54 fair value to Main Market-bound construction firm Azam Jaya

KUALA LUMPUR (Oct 23): Sabah-based construction outfit Azam Jaya Bhd, which is listing on Bursa Malaysia's Main Market at 78 sen per share, has a fair value of RM1.54 apiece, […]

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27 Nov 2024

Main market-bound Azam Jaya to raise RM61.5m from IPO

KUALA LUMPUR (Oct 18): Main market-bound Azam Jaya Bhd, a Sabah-based construction firm, aims to raise RM61.5 million from its initial public offering (IPO), and set its IPO price at […]

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14 Oct 2024

Azam Jaya signs Inter-Pacific as IPO underwriter, to list on Main Market in November

KUALA LUMPUR (Oct 1): Sabah-based construction firm Azam Jaya Bhd said on Tuesday it has signed an agreement with Inter-Pacific Securities to underwrite its initial public offering (IPO) on the […]

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16 Sep 2024

Lower liners taking a back seat in two-tier market

This article first appeared in Capital, The Edge Malaysia Weekly on September 9, 2024 - September 15, 2024 WHILE the local bourse continues to see a strong inflow of foreign […]

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02 Aug 2024

Special Report: HRD Corp’s investments in focus

THE Human Resource Development Corporation Bhd (HRD Corp) has come under the spotlight as it made investments involving “put and call option (PCOA) agreements”. Other than publicly traded companies, many […]

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26 Jul 2024

Alam Maritim submits regularisation plan to exit PN17 status

KUALA LUMPUR (July 26): Practice Note 17 (PN17) company Alam Maritim Resources Bhd (KL:ALAM) has announced its regularisation plan, which includes a share capital reduction of RM440 million, 10-to-one share […]

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