Tech and Glove Sectors Surge: Which Malaysian Industries Benefit from US Tariff Hikes?
On Wednesday, shares of Malaysian technology firms soared to a 15-month peak, buoyed by the announcement of the US' intention to impose a twofold increase in tariffs on Chinese semiconductors.
Malaysia Closing Bell on 15 May | MRDIY Was the Top Gainer of FBM KLCI
MRDIY was the top gainer, rising 1.13 percent to close at RM 1.790. The top loser was SIMEPLT, losing 2.42 percent to end at RM 4.440.
Market Mover | Glove stocks soar on higher US tariffs on Chinese gloves
Shares of Malaysian glove manufacturers surged on Wednesday after the US raised the tariffs on Chinese rubber medical and surgical gloves to 25% from 7.5%.
Malaysia Closing Bell on 14 May | MAXIS Was the Top Gainer of FBM KLCI
MAXIS was the top gainer, rising 1.39 percent to close at RM 3.660. The top loser was PETDAG, losing 1.59 percent to end at RM 21.000.
Supermax Buys Out Supermax Healthcare Canada for C$5.5 Million
Supermax (KLSE:SUPERMX) acquired the remaining 33% equity interest in Supermax Healthcare Canada for C$5.5 million or 19 million ringgit, according to a Thursday Malaysian bourse filing. Supermax acqu
Supermax Acquires Remaining Stake in 67%-owned Loss-making Canadian Unit for RM18.96 Mil Cash
Glove manufacturer Supermax Corp Bhd (KL:SUPERMX) is acquiring the remaining 33% equity interest in its 67%-owned subsidiary Supermax Healthcare Canada Inc (SHCI) for C$5.5 million (RM18.96 million) cash. Supermax is acquiring the stake from Sylvain Bergeron, who has been a business partner of the company since 2004 when Supermax's founder and managing director Datuk Seri Stanley Thai Kim Sim partnered with Bergeron to start the Canadian branch of Supermax.
MY Morning Wrap | Solarvest Secures RM40.4 Million Contract to Install Rooftop Solar PV Systems for Scientex
Stocks to watch: Scientex, Mr DIY.
Supermax Buys Back Shares
Supermax (KLSE:SUPERMX) bought back 786,500 shares on Monday for 660,840 ringgit, according to a same-day bourse disclosure. The shares were purchased between 0.825 ringgit apiece to 0.850 ringgit api
Malaysia Closing Bell on 29 Apr | MRDIY Was the Top Gainer of FBM KLCI
MRDIY was the top gainer, rising 1.95 percent to close at RM 1.570. The top loser was SIME, losing 1.07 percent to end at RM 2.780.
Malaysian Firms Clinch RM28.65 Mln Potential Sales at SeaCare 2024 - MATRADE
Malaysia Closing Bell on 23 Apr | IHH Was the Top Gainer of FBM KLCI
IHH was the top gainer, rising 1.46 percent to close at RM 6.240. The top loser was MISC, losing 1.63 percent to end at RM 7.870.
Malaysia Closing Bell on 22 Apr | AXIATA Was the Top Gainer of FBM KLCI
AXIATA was the top gainer, rising 2.75 percent to close at RM 2.620. The top loser was PETDAG, losing 0.55 percent to end at RM 21.540.
While Private Companies Own 40% of Supermax Corporation Berhad (KLSE:SUPERMX), Retail Investors Are Its Largest Shareholders With 46% Ownership
Has the Darkest Hour Passed for the Rubber Glove Industry? Insights from Analysts
Despite lackluster profitability in the rubber glove industry over the past few quarters, manufacturers remain optimistic about the order outlook for 2024.
DEMAND AND PRICES FOR MEDICAL, SURGICAL RUBBER GLOVES EXPECTED TO RISE - EXPERT
Malaysia Closing Bell on 18 Mar | MRDIY Was the Top Gainer of FBM KLCI
18 Mar 2024 Monday FBMKLCI: 1553.640 (+0.05%) FBM70: 15715.450 (+0.32%) FBM SCAP: 16945.650 (+0.10%) FBM Emas Index: 11557.370 (+0.12%)
Malaysia Closing Bell on 21 Feb | PBBANK Was the Top Gainer of FBM KLCI
21 Feb 2024 Wednesday FBMKLCI: 1552.400 (-0.21%) FBM70: 15515.670 (-0.19%) FBM SCAP: 17087.390 (-0.76%) FBM Emas Index: 11521.830 (-0.24%)
Supermax Falls 4.9% After Fifth Consecutive Quarter of Net Loss
KUALA LUMPUR (Feb 21): Shares in Supermax Corp Bhd fell 4.89% in the mid-morning on Wednesday, following the glove maker's fifth consecutive quarter of net loss.
MY Morning Wrap | CelcomDigi 4Q Net Profit More Than Triples on Surge in Revenue
Stocks to watch: CelcomDigi, KLK, Supermax.
Supermax Names CEO, COO
Supermax (KLSE:SUPERMX) appointed Tan Chee Keong as chief executive officer and senior executive director, according to a Tuesday filing. The glove manufacturer also named Tan Bow Kok as the new chief
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