Sign up | Log in



Home  >>   Daily News  >>   Malaysia News  >>   Capital Markets  >>   Bursa Malaysia looks at unusual activity
NEWS UPDATES Asean Affairs        24  May 2011

Bursa Malaysia looks at unusual activity

Related Stories

April 15,2011
Malaysian exchange looking for partners

April 5,2011
Malaysia -London exchanges in talks

April 2,2011
Malaysia bourse to become competitive

March 18,2011
Malaysia capital market hits peak

Bursa Malaysia yesterday queried enterprise software solutions provider Ingenuity Solutions Bhd over the unusual market activity pertaining to the sharp fall of its share price and the high volume of its shares changing hands.

The ACE Market-listed shares shed 4.5 sen yesterday to close at 13 sen yesterday, and topped the list of most actively traded shares with volume reaching 59.4 million shares.

Since late last month, Ingenuity’s shares have been actively traded, with its share price doubling within just two weeks to close at a record of 40 sen on May 4, before beginning its slide. The counter started the year at a price of only 12 sen per share.

On May 12, Ingenuity announced that it had executed a memorandum of understanding with Ingens Network Sdn Bhd to explore the potential synergy of working together to expand into IT hardware and software distribution business.

Earlier, the company said it had signed a collaborative agreement with Advance Healthcare Information Systems Sdn Bhd and Advance Health Care Solutions Austria to submit a proposal on an “integrated hospital information system” for the country.

It clarified that it had yet to submit to the Government the proposal for the system interlinking hospitals, clinics and data of patients in Malaysia. The corporate proposals undertaken by the company, as announced on April 1, involves a proposed renounceable rights issue of up to 291,175,040 new shares; establishment of an employees’ share option scheme and increase in the authorised share capital.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    24  May 2011 Subsribe Now !
• Yuan to become third reserve currency Subcribe: Asean Affairs Global Magazine
• Indonesia to audit mining permits Asean Affairs Premium
• Pertamina Loses US$30 million in fire
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• AirAsia may increase fleet
• Bursa Malaysia looks at unusual activity

• Philippines posts record fiscal surplus

• Thai growth on course

• Viet Nam Airlines to expand fleet p

Asean Analysis    24  May 2011

Advertise Your Brand
• Luxury goods go east Sponsor Our Events

Asean Stock Watch    24  May 2011

• Asean Stock Watch-May 24 p

Global News Impacting Asia    17 November 2010


• Bank of America sees Asian inflation


• Lloyd’s increases insurance push in Malaysia


• Wells Fargo analyst on euro


• Obama’s visit to Asia


ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand