FBMKLCI 1561.77 DJ-91.50 CRUDE OIL 99.22 RM 2.9370
New stock listing
No. Stock Code Stock Name Reference Price Lower Limit Upper Limit
1. 5204 PRESBHD 0.90 0.60 4.50
Prestariang Bhd, which debuts on Bursa Malaysia today has secured an RM80mil contract from the Higher Education Ministry for an industry-based certification scheme. In a filing with Bursa Malaysia yesterday, Prestariang said its wholly-owned subsidiary, Prestariang Systems Sdn Bhd, had secured the contract from the Government to provide professional information, communications and technologies (ICT) training and certification of ICT and ICT-related fields in public higher education institutions in Malaysia.
PeterLabs executive director Dr Teo Kooi Cheng said the company had begun exporting its products now that it had appointed official distributors in Indonesia, Bangladesh, Sri Lanka, the Philippines and Saudi Arabia. “The local market is already mature as our market share for animal feed additives is 19.1%. The focus for us now is overseas expansion,” Teo told reporters after the listing ceremony yesterday. Last year, PeterLabs poster net profit of RM5.9mil on revenue of RM40.7mil. The company expects a 15% to 20% growth this year with 5% of it coming from exports.
TELEKOM MALAYSIA BHD []’s unit has placed out 92.36 million Axiata Group Bhd at RM5.07 a share. The exercise raised gross proceeds of RM468.3 million for TM.
Alam Maritim’s unit has received a letter of award from Petronas Carigali Sdn Bhd to provide one anchor handling tug supply vessel for RM10.6 million. The contract started on July 13 and the duration is for a primary period of 150 days with two extension options of 45 days each.
Berjaya Food Bhd is expanding its Kenny Rogers Roasters (KRR) brand into Indonesia after it inked a joint venture (JV) agreement with three Indonesian companies to develop and operate the franchise. It had entered into a conditional JV agreement with PT Mitra Samaya (MS), PT Harapan Swasti Sentosa (HSS) and PT Boga Lestari Sentosa (PT Boga) to operate the franchise in Java island and Bali, Indonesia under PT Boga.
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