Awantec's Position on the Group's Viability Vindicated as Bursa Lifts Trading Suspension on Its Securities
AFTER more than three years of being classified as an affected listed issuer, and having the trading of its shares suspended since April 26, cloud-based service provider AwanBiru Technology Bhd (KL:AWANTEC) learnt last Friday that the classification had been lifted by Bursa Malaysia Securities Bh...
Malaysian Shares Rebound on Upbeat Economic Data; MMAG's Shares Shoot Up Over 87%
Malaysian share opened the week in positive territory on Monday, snapping a three-day losing streak following the release of upbeat economic data. The FTSE Bursa Malaysia KLCI, the main gauge of Malay
Awantec Surges 73% as Trading Resumes After Shedding Affected Issuer Status
Shares of AwanBiru Technology surged 73% to its highest in nearly two months as trading resumed with a sharp spike in volume after the company shed its affected listed issuer status.
MY Morning Wrap | Paramount Acquires 21.54% Stake in Eco World International for $40.8m
Stocks to watch: Awantec, Eco World.
Awantec, Innature, Paramount, Eco World International, Mi Technovation, MAA, KNM, Pharmaniaga, Jiankun, Nova MSC, Sarawak Cable
Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.
Bursa Lifts Awantec From Affected Issuer Status After Three Years
KUALA LUMPUR (May 10): Bursa Malaysia Securities Bhd (Bursa Securities) on Friday lifted Awanbiru Technology Bhd (KL:AWANTEC), formerly Prestariang Bhd, from its status as an affected listed issuer, after three years.
Awanbiru Technology Turns Profitable in Fiscal Q3 as Revenue Balloons 555%
Awanbiru Technology (KLSE:AWANTEC) logged a profit attributable to owners of 2.1 million ringgit in the fiscal third quarter ended March 31, reversing a loss of 2 million ringgit a year earlier. Basic
MY Morning Wrap | Sime Darby Plantation and PNB Propose 1,000-acre Green Industrial Park in Perak
Stocks to watch: Sime Darby Plantation, OCK.
Awantec Reports Profit in 3Q as Revenue Jumps on New Contracts
AwanBiru Technology Bhd (Awantec) reported a net profit of RM2.14 million for its third quarter ended March 31, 2024 (3QFY2024), a significant turnaround from the net loss of RM1.99 million it incurred a year ago, as its software and services segment secured major contracts with higher revenue.
MY Morning Wrap | Sunview Group Sets Up SPV with Vision Ambassadors to Explore RE Projects
Stocks to watch: Sunview, Iris Corp.
Sapura Energy, Keyfield, Awantec, CPE Technology, Axis REIT, Unitrade, Sunview, Iris Corp, ITMAX, Gadang, Ancom Nylex, Ornapaper, Powerwell, HHRG
Here is a brief recap of some business news and corporate announcements that made the headlines on Monday.
Awantec Faces Trading Suspension From April 26 After Failing to Submit Regularisation Plan
AwanBiru Technology Bhd (Awantec) said trading in its shares will be suspended from April 26, after the group failed to submit its regularisation plan to the regulators for approval within the stipulated timeframe.
Awantec Shares Plunge 53%, Short Selling Suspended
KUALA LUMPUR (April 19): Shares of Awanbiru Technology Bhd (Awantec) fell as much as 53% on Friday, prompting Bursa Malaysia to suspend the counter's intraday short selling (IDSS). Awantec's share price tumbled to a low of 15 sen during the morning session, its lowest since March ...
MY Morning Wrap | RHB Bank Targets Over RM50 Billion in Sustainable Financial Services by 2026
Stocks to watch: RHB Bank, Axiata, MBSB.
HeiTech Padu, Axiata, AmanahRaya REIT, AmFirst REIT, RHB Bank, 7-Eleven Malaysia, MBSB, Awantec, MAA Group, UMediC, Systech, Pansar, Auro, Kimlun and AWC
KUALA LUMPUR (April 18): Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday: Datuk Farhash Wafa Salvador, former political aide to Prime Minister Datuk Seri Anwar Ibrahim, has ceased to be a substantial shareholder of HeiT...
MY Morning Wrap | SCIB Bags Revised Contract of RM162m for PR1MA Housing Project
Stocks to watch: SCIB, Sunzen Biotech.
Awantec Unit Appeals RM231.55 Mil Award Over Termination of RM3.5b SKIN Project
KUALA LUMPUR (April 8): After winning RM231.55 million in its suit against the government over the termination of the RM3.5 billion National Immigration Control System (SKIN) project back in March, Awanbiru Technology Bhd (Awantec) is now appealing the decision.
MY Morning Wrap | Sime Darby Plantation's Future Fest '24 Showcases Transformation of Palm Oil Industry
Stocks to watch: CTOS, Awantec.
Govt Ordered to Pay Damages to Awantec Unit Over Termination of RM3.5b SKIN Project
Awanbiru Technology Bhd (Awantec or formerly known as Prestariang Bhd) has won its legal suit against the government over the termination of the RM3.5 billion National Immigration Control System (SKIN) project.
Awantec Bags RM5m Contract From National Water Research Institute of Malaysia
Awantec Technology Bhd's subsidiary, Awantec Systems Sdn Bhd (ASSB), has secured a RM4.96 million contract to provide cloud computing services for climate change research to the National Water Research Institute of Malaysia (NAHRIM).
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