0106 REXIT
- 1.140
- +0.020+1.79%
REXIT News
AAsia, Rexit, Kuchai, SDred, Kluang, SBagan, SKBShut, AHB, SHH, Kobay
KUALA LUMPUR (May 10): theedgemalaysia.com highlighted two stocks with positive momentum and eight stocks with negative momentum at Bursa Malaysia's afternoon close on Monday. The stocks with positive momentum were: Kobay Technology Bhd [KL: KOB...
Malaysian Shares Fall in Red on Profit-taking Activities; Heitech Padu's Shares Plunge Over 13%
Malaysian shares ended in the red zone on Wednesday, erasing gains from the previous session on profit-taking activities. The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 7.82 po
Rexit, Samaiden, Coraza, GCB, RGB, Suria, Tecguan, Vstecs
KUALA LUMPUR (March 27): theedgemalaysia.com highlighted eight stocks with momentum at Bursa Malaysia's afternoon close on Wednesday (March 27). Two stocks showed positive momentum, while six stocks showed negative momentum. The stocks with positive momentum were: ...
SCGM, SSB8, NCT, Texcycl, Rexit, Eduspec, Vstecs, Skywld, Kheesan, YSPSAH, LBICap, GCB
KUALA LUMPUR (March 15): theedgemalaysia.com highlighted two stocks with positive momentum and eleven stocks with negative momentum at Bursa Malaysia's afternoon close on Thursday. The stocks with positive momentum were: Guan Chong Berhad — up 18 sen or 8.7% at RM2.25
Ramssol, Pmhldg, Ingeniue, MUIProp, Ancomlb, Rexit
KUALA LUMPUR (March 13): theedgemalaysia.com highlighted one stock with positive momentum and five negative momentum at Bursa Malaysia's afternoon close on Wednesday. The stocks with positive momentum were: ● MUI Properties Bhd — up half a sen or 2.4% at 21.5 sen The...
MY Morning Wrap | MyEG Acquires 14.4% Strategic Stake in HeiTech Padu for RM31m
Stocks to watch: MyEG, FLEXI.
A Slew of Boardroom Changes at Rexit, Seow Gim Shen Made New CEO
Rexit Bhd announced a few changes to its boardroom, with the appointment of Datuk Seow Gim Shen as its new chief executive officer effective Monday, succeeding Datuk Chung Hon Cheong stepped down on the same day.
Rexit Bhd Malaysia 2nd-Quarter 2023 Earnings Summary Table
Rexit Bhd (0106.KU) - Malaysia (2nd) quarter ended Dec 31: Figures Are In Ringgit (MYR). 2023 2022 Revenue 9,34
Independent Advisor Recommends Rexit's Shareholders to Reject Takeover Offer
SHAREHOLDERS of Rexit Bhd, a company providing solutions and services to the general insurance and financial services industry, would do well to hold on to their shares and not dispose of them in an on-going unconditional mandatory takeover offer.
Dialog, Hup Seng, Hextar Global, MGB, Tune Protect, CN Asia, Rexit, Public Bank, RHB Bank, Data Prep, GFM Services, PA Resources, United Plantations and Jade Marvel
KUALA LUMPUR (Feb 19): Here is a brief recap of some corporate announcements that made the news on Monday. Dialog Group Bhd's net profit rose 16.6% to RM148.29 million for its second quarter ended Dec 31, 2023 from RM127.15 million a year earlier, as revenue rose 7.8% t...
Independent Adviser Tells Rexit's Shareholders to Reject Takeover Offer
A takeover offer for Rexit Bhd, which services the financial services industry, by its substantial shareholders is "not fair" and "not reasonable", said appointed independent adviser MainStreet Advisers Sdn Bhd.
KLCCP Stapled Group, Carlsberg, MNRB, Rexit, One Glove, Ranhill, YTL REIT, PLB Engineering, ITMAX, Econpile, Steel Hawk, LFE
KUALA LUMPUR (Feb 7): Here is a brief recap of some corporate announcements that made the news on Wednesday: KLCCP Stapled Group, Carlsberg Brewery Malaysia Bhd, MNRB Holdings Bhd, Rexit Bhd, One Glove Group Bhd, Ranhill Utilities Bhd, YTL Hospitality REIT, PLB Engineering Bhd, ITMAX System Bhd, Econpile Holdings Bhd, Steel Hawk Bhd, and LFE Corp Bhd.
Rexit's New Substantial Shareholders Extend Formal Takeover Offer to Acquire Remaining Shares
Rexit Bhd's new substantial shareholders — Datuk Seow Gim Shen, Metaco Assets Holdings Sdn Bhd and Bemas Holdings Sdn Bhd — have extended a formal unconditional mandatory takeover offer to acquire all the remaining ordinary shares in the company at 85 sen per share.
Insider Moves: Rexit Bhd, Excel Force MSC Bhd, Cuscapi Bhd, Binasat Communications Bhd, Sarawak Cable Bhd
Notable filings On Jan 19, Rexit Bhd saw a change in its largest shareholder after Rexit Venture Sdn Bhd and Global Hartabumi Sdn Bhd sold 92.05 million shares in total, representing 53.14% of the share base of the software-as-a-service (SaaS) group, to Datuk Seow Gim...
MNRB, Crescendo, Insas, Jaya Tiasa, Lee Swee Kiat Group, MI Technovation, Rexit, TSH Resources
theedgemalaysia.com highlighted one stock with positive momentum and seven stocks with negative momentum at Bursa Malaysia's midday break on Monday.
Rexit, Hextar Global, Jaya Tiasa, Lee Swee Kiat Group, Sarawak Oil Palms
theedgemalaysia.com highlighted one stock with positive momentum and four stocks with negative momentum at Bursa Malaysia's noon break on Friday.
Seow, Two Others Pay RM78m for 53% Stake in Rexit
Datuk Seow Gim Shen, chairman of a Nasdaq stock exchange listed company, and two other parties have collectively paid RM78.43 in cash to acquire a 53.27% stake in Rexit Bhd which provides products to support the entire spectrum of insurance processes and operations.
Rexit Among Top Gainers Following MGO Despite Downgrade by TA Securities
Rexit Bhd was one of the top gainers in early trade on Thursday, following the emergence of new major shareholders that triggered a mandatory general offer (MGO). At the time of writing, Rexit rose 26 sen, or 28.26%, to RM1.18 per share, translating into a market capitalisation of RM223.41 million.
Rexit's New Substantial Shareholders Make Takeover Offer at 85 Sen per Share
Datuk Seow Gim Shen, Metaco Assets Holdings Sdn Bhd and Bemas Holdings Sdn Bhd have emerged as the new substantial shareholders of Rexit Bhd after acquiring an aggregate of 92.27 million shares or a 53.27% stake in the group for a total cash consideration of RM78.43 million via direct business transactions.
48% Stake in Rexit Changes Hands; New Controlling Shareholder Likely to Emerge
A controlling block of 77.58 million shares, or a 48.3% stake, in Rexit Bhd were crossed on Wednesday morning via a direct business transaction.
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