Haisan tumbles, on Bursa watchlistHaisan 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 RM534mBOUSTEAD 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 bettingBERJAYA 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.