EVENING 5: Five things you need to know today

TheEdge Wed, Mar 27, 2024 10:42pm - 1 month View Original


EVENING 5: KNM sells FBM Hudson, will book a loss

Here’s a quick look at some of the stories that made headlines today.

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1.  KNM Group Bhd firmed up an agreement with the buyers of its wholly-owned Italian heat exchangers and high-pressure equipment manufacturing outfit FBM Hudson Italiana SpA.

2. Gamuda Bhd’s net profit rose 7.3% to RM208.8 million in the second quarter ended Jan 31, 2024 on the back of higher revenue from its overseas projects.

3. The Public Accounts Committee is set to launch an investigation into the National Integrated Immigration System project, its chairperson said.  

4. Calcium carbonate producer Zantat Holdings Bhd made a robust debut on the ACE Market of Bursa Malaysia.

5. The collapse of the Francis Scott Key bridge is set to affect courier services, said express carrier GDEX Bhd managing director and group chief executive officer Teong Teck Lean.
 

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Related Stocks

BURSA 7.460
GAMUDA 5.250
GDEX 0.165
KNM 0.070
ZANTAT 0.505

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