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IJM shares down in early trade as Sunway's takeover attempt lapses

KUALA LUMPUR: Share prices of IJM Corporation Bhd declined in early trade on Tuesday, while Sunway Bhd shares were marginally higher as Sunway's conditional voluntary general offer (VGO) had lapsed after failing to meet the condition of securing over 50 per cent shareholders' acceptance level in IJM.

IJM Corp, Sunway slip in early trade ahead of takeover deadline

KUALA LUMPUR: IJM Corporation Bhd and Sunway Bhd fell in early trade today ahead of the deadline for IJM shareholders to accept Sunway's takeover offer at market close (today).

Press Metal hits record intraday high of RM8.12 as LME aluminium surges after attack on Gulf smelters

KUALA LUMPUR: Shares in Press Metal Aluminium Holdings Bhd soared to an all-time high of RM8.12 as aluminium prices on the London Metal Exchange (LME) jumped 6% after the Middle East's two largest producers of the metal came under attack by Iran over the weekend.

Eversendai slides 24% on Saudi contract loss amid Middle East tensions

KUALA LUMPUR: Eversendai Corp Bhd shares fell in early trade on Wednesday after its Trojena Ski Village contract in Saudi Arabia was terminated amid escalating Middle East tensions.

Sunway Healthcare starts 17% higher on Main Market

KUALA LUMPUR: Sunway Healthcare Holdings Bhd traded at a 17% premium to its initial public offering (IPO) price as it opened on the Main Market, on the back of a retail offering that was 5.57 times oversubscribed.

Adnex opens with 25% premium at 25 sen on ACE Market debut

KUALA LUMPUR: Adnex Group Bhd opened at 25 sen per share in its ACE Market debut, representing a 25 per cent premium over its initial public offering (IPO) price of 20 sen per share.

O&G-related stocks rise as Iran signals Hormuz will remain closed

KUALA LUMPUR: Oil and gas-related stocks opened higher after Iran's new supreme leader indicated the Strait of Hormuz would stay closed.

Nestle Malaysia rises on ice cream business sale talk

KUALA LUMPUR: Nestle (Malaysia) Bhd emerged as the top gainer in early trade on Friday following plans to explore the potential sale of its ice cream business to Froneri, a global ice cream firm active in more than 20 countries.

Duopharma Biotech shares up after securing RM52.54mil LOA

KUALA LUMPUR: Duopharma Biotech Bhd's shares rose during the early trading session today, after its unit received a letter of award (LOA) from the government for the supply of medical products worth RM52.54 million.

Hock Soon Capital falls 7c below IPO on debut

KUALA LUMPUR: Hock Soon Capital Bhd made a subdued debut on Bursa Malaysia's Main Market, opening at 53 sen, 7 sen below its initial public offering (IPO) price of 60 sen, amid weaker-than-expected investor demand.