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Bursa Malaysia

YTL Comms’ break-even target may be under threat
YES 4G wireless broadband services operator YTL Communications Sdn Bhd’s recently reported financial results have raised questions whether it was still on track to break even next year, reports Goh Thean Eu..
Former CEO of Inix Technologies jailed for submitting false statements
The Court of Appeal has imposed a total of 45 months’ imprisonment on Jimmy Tok Soon Guan, the former chief executive officer of Inix Technologies Holdings Bhd, the Securities Commission of Malaysia (SC) said in a statement.
Facing backlash, MyEG defends deal with Malaysian govt
MyEG, one of the largest publicly-listed tech companies in South-East Asia, has come out in an attempt to clear the air over its appointment as the sole provider of the online renewal of foreign workers’ work permits, and issues related to this appointment.
Will HeiTech Padu return to the black this year?
Business environment to remain challenging in 2014 To explore new opportunities in Middle East and Asean
Diversified Gateway Solutions remains optimistic despite net losses
Diversified Gateway Solutions Bhd (DGS), a networking systems integrator and service provider of integrated business solutions in the SAP environment, registered a widening net loss in the first quarter, partly due to lower margins for its digital and infrastructure services.
JF Tech confident it will prevail in US patent infringement case
Semiconductor test probe maker JF Technology Bhd told Bursa Malaysia it believes it will prevail in a pending patent infringement case with US-based Johnstech International Corp.
Mesiniaga wins US$42mil job from TM
5-yr job for maintenance and support of TM's IP core Follows earlier deal with TM worth RM90mil IT solutions provider Mesiniaga Bhd has won an RM132.95-million (US$41.59-million) job from telecommunications giant Telekom Malaysia Bhd (TM).  
Globetronics on track for another year of growth
Attributes performance to higher volume loadings, operation efficiencies, etc. Sales from Malaysia and Singapore grew, sales from China and the US fell
REDtone sells part of its China business
Net proceeds from sale to be mainly used to fund its working capital Part of group’s plan to ‘simplify its core business,’ REDtone says
REDtone Q4 net profit shrinks by half
Telco services provider REDtone International Bhd saw its fourth quarter net profit shrink by almost half, mainly due to lower data revenue.