AsiaBio diversifies into O&G transportation
www.thesundaily.my 28-Jan-2015 6:00 AM
KUALA LUMPUR: Asia Bioenergy Technologies Bhd's (AsiaBio) proposed venture into the oil and gas transportation industry, will see new shareholders, including Tan Sri Halim Saad-linked Sumatec Resources Bhd, hold a collective stake of more than 20% in...
Sumatec cuts price for asset buy
www.thesundaily.my 12-Jan-2015 9:00 AM
PETALING JAYA: Sumatec Resources Bhd has reduced the acquisition price for the entire stake in Borneo Energy Oil and Gas Ltd following the decline in global oil prices and Sumatec's share price in recent months.
In a filing with the stock exchange, S...
Sumatec - The classic pump & dump
15-Oct-2014 11:53 PM
The selling down of the past 2 weeks has caused the KLCI broke its 3 years uptrend line. The market has been running for last 3 years without any correction so I believe the Bull is tired and current weakness could just be a healthy correction which ...