Bursa Malaysia Stock Watch

HAISAN, BOUSTEAD, BJCORP (Edge)

kltrader
Publish date: Sat, 12 Jun 2010, 02:46 PM
kltrader
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This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Haisan tumbles, on Bursa watchlist

Haisan Resources Bhd, an engineering company, tumbled 12 per cent to 11.5 sen, a record low.The company joined the Kuala Lumpur stock exchange?s watchlist of financially ailing companies, Bursa Malaysia Bhd said in a statement today.



Boustead to buy 86% of Pharmaniaga for RM534m

BOUSTEAD HOLDINGS BHD [] is strengthening its pharmaceutical business with the proposed acquisition of an 86.81% stake in PHARMANIAGA BHD [] for RM534 million.

Boustead deputy chairman and group managing director Tan Sri Lodin Wok Kamaruddin said on Friday, June 11 the stake would be acquired from UEM Group Bhd.

The price works out to RM5.75 per share or a 12% premium to its last traded price on Thursday of RM5.10.



Berjaya Corp says has MoF nod for sports betting

BERJAYA CORPORATION BHD [] clarified Ascot Sports Sdn Bhd has the Minister of Finance's approval to conduct a sports betting operations and that the formal licence which was first issued in 1987 is pending re-issuance.

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