Tanco suffers another limit-down, losing streak wipes out nearly RM6b from market cap
Shares of the loss-making company were down as much as 33.5 sen or 30% to 78.5 sen — its lower limit for the day.
Shares of the loss-making company were down as much as 33.5 sen or 30% to 78.5 sen — its lower limit for the day.
The investment performance was supported by an 86.7% year-on-year growth in private equity and venture capital investments.
Heavy selling emerged in the final hour of trading in shares of property developer Tanco Holdings Bhd (KL:TANCO) on Monday, extending the counter's losing streak to a fourth consecutive day as it hit limit-down.
Motor vehicle distributor Kia Malaysia will move its local car assembly operations to Stellantis Malaysia's plant in Gurun, Kedah, by the third quarter of 2026.
Gamuda Land has signed a memorandum of understanding (MOU) with UCSI University to establish a new campus at its Gamuda Gardens township development located at Rawang, Selangor.
GD Properties has officially broken ground on KL360 @ Menara GD, a mixed-use development with a gross development value of RM1.37 billion located at Jalan Tun Razak, Kuala Lumpur. The project revives a long-abandoned development known as M101 Skywheel.
Property developer Yong Tai Bhd (KL:YONGTAI) has applied for a fourth six-month extension to submit its draft circular for the proposed RM160 million sale of Courtyard by Marriott Melaka, nearly two years after the deal was announced.
Sentoria Group Bhd's (KL:SNTORIA) shares will be delisted from the Main Market of Bursa Malaysia on June 16, the company said following failure to submit its regularisation plan within the extended deadline of June 3.
Bina Puri Holdings Bhd (KL:BPURI) has defended its decision to complete its acquisition of a water treatment contractor prior to the finalisation of legal, financial and operational due diligence, saying contractual safeguards in a supplemental agreement were sufficient.
Encorp Bhd (KL:ENCORP) has signed an initial pact that may lead to a contract to build staff housing for the Federal Land Development Authority.