Market News on 2 MAY 2024
US stocks mixed after Fed flags uncertain rate path (Reuters)
Fed keeps rates on hold as disinflation stalls, but downplays prospect of hikes (Reuters)
Fed's Powell says looming US election will not sway rate decisions (Reuters)
U.S. private payrolls increased by 192,000 in April, more than expected for resilient labor market (CNBC)
China's factory, services activity growth slows in April (Reuters)
Putrajaya Will Raise Civil Servants Salary By 13% From This Year (Business Today)
Transocean Traded As Arka on Bursa From May 2 (Business Today)
Rohas Disposes Subsidiary’s Unit For RM12.8 Million To Ann Joo (Business Today)
Duopharma Accepts Supply Deal From Pharmaniaga Worth RM578 Million (Business Today)
Magna Prima faces going concern uncertainty (Malaysian Reserve)
Chin Hin’s Chiau family buys 18.31% in Ge-Shen for RM30.36 mil (The Edge)
Green Packet undertakes 30% private placement to raise RM19.15 mil at 3.2 sen a share (The Edge)
Apex Equity's auditor unconvinced group can recover RM24m loan (The Edge)
Lebtech's auditor flags going concern uncertainty due to reliance on related parties for business (The Edge)
Auditor raises doubt about Mentiga's going concern ability as liabilities exceed assets (The Edge)
Clement Hii buys out PE fund Navis Capital in SEGi for RM113 mil, triggers mandatory offer (The Edge)
GUH secures RM69.49 mil subcontract job from Gamuda (The Edge)
Animation production house Kucingko gets nod from Bursa for ACE Market IPO (The Edge)
Tuesday, 30 Apr 2024 Entitlement Announcement
6:57PM MITRA First and Final Dividend
6:46PM TASCO Final Dividend
6:26PM SURIA Final Dividend
5:56PM AHB Bonus Issue
5:51PM F&N Interim Dividend
5:33PM ATRIUM Income Distribution
5:32PM SOP Final Dividend
12:37PM TRC First and Final Dividend
12:37PM UNIMECH Final Dividend