Malaysian Shares End Week in Red as Investors Remain Cautious; Sarawak Cable Shares Drop 9%
Malaysian shares ended in losses on Friday as investors remained cautious amid mixed regional performance. The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 2.85 points to end 0.1
Sarawak Cable Says Has Found Alternative White Knight to Serendib
Sarawak Cable Bhd (KL:SCABLE) said that the memorandum of agreement (MOA) between the company and Serendib Capital Ltd (Serendib) had been validly terminated.
Sarawak Cable Says It Has 'Strong' Backup After Losing Serendib Capital as White Knight
Sarawak Cable Bhd (KL:SCABLE) says it has identified "a strong alternative party" who is interested in spearheading a resuscitation plan for the group, after its plan to regularise its financials with the help of UK-based Serendib Capital Ltd fell through.
Sarawak Cable's MOA With Serendib Capital Falls Through; Shares Plunge Over 19%
Sarawak Cable's (KLSE:SCABLE) memorandum of agreement with Serendib Capital failed as both companies could not agree upon an exclusive working relationship, according to a Wednesday Malaysian bourse f
Sarawak Cable Needs a New White Knight as 'Resuscitation Exercise' Falls Through
Sarawak Cable Bhd (KL:SCABLE) has to go back to the drawing board and look for a new white knight to regularise its financials.
Sarawak Cable Widens Loss in Fiscal Q3; Shares Drop 3%
Sarawak Cable (KLSE:SCABLE) posted a loss attributable to owners of 21 million ringgit in the fiscal third quarter ended Feb. 28, higher than 14.2 million ringgit a year earlier. Loss per share widene
Sarawak Cable Sued by Two Creditor Banks Claiming RM95.5m
Sarawak Cable Bhd (SCB) said the group and its wholly-owned subsidiary Universal Cable (Sarawak) Sdn Bhd have been sued by two banks over a total owed sum of RM95.53 million.
Sarawak Cable Seeks More Time Over PN17 Regularisation Plan
Loss-making Sarawak Cable Bhd has requested for a second extension of time from Bursa Securities to resolve its Practice Note 17 (PN17) status.
Sarawak Cable Widens Loss in Fiscal Q2
Sarawak Cable (KLSE:SCABLE) posted a loss attributable to owners of 35.8 million ringgit in the fiscal second quarter ended Nov. 30, 2023, higher than 11.8 million ringgit a year earlier. Loss per sha
Sarawak Cable Posts Seventh Quarterly Loss
Sarawak Cable Bhd reported its seventh straight quarterly loss on Wednesday as all its business segments saw reduced production amid a standstill in credit and financing lines.
Minetec, NovaMSC, Benalec, BJLand, Bursa, EForce, FGV, Ibraco, IFCAMSC, JKGLand, LFECorp, Milux, MNHldg, PWF, Rex, Samchem, Scable, SernKou
KUALA LUMPUR (Jan 5): : theedgemalaysia.com highlighted two stocks with positive momentum and sixteen stocks with negative momentum at Bursa Malaysia's afternoon close on Friday. The stocks with positive momentum were: Minetech Resources Bhd — up two sen or ...
Malaysian Stocks End Losing Streak; Sarawak Cable Shares Rally Over 39%
Malaysian stocks ended their losing streak on Wednesday to close in green territory as sentiment improved on hopes that the US Federal Reserve will cut interest rates as early as March 2024. The FTSE
Prtasco, SCable, GUH, Landmrk, Samchem, Zelan
KUALA LUMPUR (Dec 27): : theedgemalaysia.com highlighted two stocks with positive momentum and four stocks with negative momentum at Bursa Malaysia's afternoon close on Wednesday. The stocks with positive momentum were: Protasco Bhd — up three sen or 14.29% ...
Sarawak Cable Hits One-year High After Finding White Knight With RM250m Injection
Sarawak Cable Bhd (SCB) shares were among the most briskly traded on Bursa Malaysia on Wednesday morning, after the Practice Note 17 company announced that it had found a white knight to undertake a “resuscitation exercise”.
Sarawak Cable Berhad (KLSE:SCABLE) Shares Fly 367% But Investors Aren't Buying For Growth
There's No Escaping Sarawak Cable Berhad's (KLSE:SCABLE) Muted Revenues Despite A 367% Share Price Rise
Kejuruteraaan Asastera Closes Acquisition of Inpola Mitra Elektrindo
Kejuruteraaan Asastera (KLSE:KAB) said it completed the acquisition of 100% stake in Inpola Mitra Elektrindo for 10,000 ringgit, according to a Tuesday bourse filing. The engineering services provider
Sarawak Cable Widens Loss in Fiscal Q1
Sarawak Cable (KLSE:SCABLE) posted a loss attributable to owners of 12.7 million ringgit in the fiscal first quarter ended Aug. 31, higher than 546,000 ringgit a year earlier. Loss per share amounted
Sarawak Cable to Seek Shareholders' Nod to Renew Transactions Mandate
Sarawak Cable (KLSE:SCABLE) will seek shareholders' approval to renew its authority to carry out related-party transactions. The semiconductor equipment solution provider will present a resolution in
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