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DFCITY Group Bhd's sudden move towards an attempted boardroom purge – including the removal of an independent director – raises questions about corporate governance, shareholder intent and the balance of power in the small-cap listed company.
DFCITY Group Bhd (KL:DFCITY) said a group of shareholders holding more than 10% of its issued share capital have requested the company to convene an extraordinary general meeting (EGM) for the purpose of removing three directors.
Notable filings
Notable shareholding changes at Bursa Malaysia-listed companies from July 30 to Aug 8 included those at Classita Holdings Bhd (KL:CLASSITA), formerly known as Caely Holdings Bhd, which saw Hong Seng Consolidated Bhd (KL:HONGSENG) dispose of 402.06 mill...
theedgemalaysia.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon close on Monday. Three stocks showed positive momentum, while three stocks showed negative momentum.
KUALA LUMPUR (Aug 21): theedgemarkets.com highlighted 19 stocks at Bursa Malaysia’s afternoon close today. One stock showed positive momentum while 18 stocks indicated negative momentum.
Stock with positive momentum was:
Pan Malaysia Corp Bhd – up three sen at 17 sen
Stocks with ...
Notable filings
BETWEEN April 8 and 12, notable shareholding changes in companies listed on Bursa Malaysia included the emergence of Impiana Sdn Bhd as the new majority shareholder of Bio Osmo Bhd with 2.98 billion shares or a 53.22% stake.
The shareholding change on ...
KUALA LUMPUR (April 9): theedgemarkets.com highlighted 11 stocks with momentum at Bursa Malaysia's noon market close today. Two stocks displayed positive momentum while nine stocks showed negative momentum.
The stocks with positive momentum were:
Hock Heng Stone Industries Bhd – down 4.5 sen ...
KUALA LUMPUR (April 9): The FBM KLCI dipped in early trade this morning dragged by index-linked blue chips, against the backdrop of mixed regional markets.
At 9.10am, the FBM KLCI dipped 1.13 points to 1,643.22.
The top losers included Maxis Bhd, Ajinomoto (M) ...
KUALA LUMPUR (April 8): theedgemarkets.com highlighted 12 stocks with momentum at Bursa Malaysia's noon market close today. Three stocks displayed positive momentum while ninestocks showed negative momentum.
The stocks with positive momentum were:
GFM Services Bhd - up 1 sen at RM4.42
...
KUALA LUMPUR (April 8): theedgemarkets.com highlighted 12 stocks with momentum at Bursa Malaysia's noon market close today. Three stocks displayed positive momentum while ninestocks showed negative momentum.
The stocks with positive momentum were:
GFM Services Bhd - up 1 sen at RM4.42
...
KUALA LUMPUR (Apr 4): theedgemarkets.com highlighted 10 stocks with momentum at Bursa Malaysia’s afternoon market close today. Three stocks displayed positive momentum while seven other stocks showed negative momentum.
Stocks with positive momentum were:
Gadang Holdings Bhd - up 2.5 sen ...
Hock Heng Stone Industries Bhd (-ve)
TRADING of shares in Hock Heng Stone Industries Bhd (fundamental: 0.45/3, valuation: 0.90/3) triggered our momentum algorithm yesterday for the second time this month.
The last time it triggered our momentum algorithm was last Thursday (March 14).
...