KUALA LUMPUR (Sept 21): Shares in Pinehill Pacific Bhd hit limit up after the stock rose as much as 30 sen or 214.29% to 44 sen after resuming trading from 2.30pm today. Trading in its shares was halted this morning pending the announcement of the group's disposal of 8,999.13 acres of land in Daerah Hilir Perak to United Plantations Bhd for RM413.57 million cash.
At 3:50pm today, the counter was the fourth top gainer on Bursa Malaysia. A total of 1.01 million shares changed hands.
KUALA LUMPUR (Sept 21): Telekom Malaysia Bhd (TM) has initiated discussions with major stakeholders as it works on a definitive solution to deliver better broadband experience nationwide.
TM said in a statement today it aims to deliver better broadband experience nationwide by exploring various fit-for-purpose technologies.
"TM today reiterated its support of the Government's aspirations of improving the reach and experience of broadband services in Malaysia, and its commitment to address the issues faced by Streamyx and its loyal customers in a more comprehensive manner.