KLSE:AMS

3 stories mentioning KLSE:AMSUpdated 7d ago

Every FINWIRES story that references KLSE:AMS, newest first.

Malaysian Shares Extend Five-Session Winning Streak Mirroring Regional Gains; GFM Services Rallies 5%

Malaysian shares ended in the green on Tuesday, extending gains of the previous three sessions. The index closed higher in line with a broadly positive regional performance.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 6.93 points to end 0.4% higher at 1,732.66.In corporate news, shares of GFM Services' (KLSE:GFM) jumped over 5% on Tuesday's close after its energy division secured additional release orders worth a total of 83.1 million ringgit for major turnaround work packages at the Pengerang Integrated Complex in Johor, Malaysia.Nestcon's (KLSE:NESTCON) subsidiary, Nestcon Builders, was awarded a contract worth 74.5 million ringgit by Exsim MX 4 for the construction of a 28-story apartment block in Selangor, Malaysia. Shares ended flat on Tuesday.Whereas, shares of AMS Advanced Material (KLSE:AMS), slid over 1% on close after its unit AMS Ecogreen received all necessary licences to begin its aluminium scrap metal business.

FTSE Bursa Malaysia KLCIKLSE:AMSKLSE:GFM

Asia8d ago

AMS Advanced Material Arm Gets Licenses to Start Aluminium Scrap Metal Business

AMS Ecogreen, a subsidiary of aluminium manufacturer AMS Advanced Material (KLSE:AMS), has received all necessary licences to begin its aluminium scrap metal business, according to a Friday filing with Bursa Malaysia.The company can now undertake the collection, processing, and sale of aluminium scrap materials, which will be processed at its facility in Johor, Malaysia, with an estimated initial processing capacity of about 17 metric tons per month.The scrap metal business complements the company's existing aluminium supply and is expected to provide an additional revenue stream.Shares of the aluminium manufacturer were down 1% in recent trade.

KLSE:AMS

Asia112d ago

AMS Advanced Materials to Debut on Malaysian Bourse's ACE Market

AMS Advanced Materials (KLSE:AMS) is set to debut on the ACE Market of Bursa Malaysia on April 23, under the stock code 0399, according to a Tuesday Malaysian bourse filing.The aluminum trader and manufacturer will list with an enlarged issued share capital of 612 million shares, valued at 58.81 million ringgit.AMS will operate within the industrial products and services sector, specifically under the metals sub-sector.The listing marks the company's entry into Malaysia's public markets as it seeks to expand its presence in the advanced materials segment, the filing said.

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