Kurnia Asia Bhd is now known as KSK Group Bhd.
It has proposed for disposal of its 100% equity interest of Kurnia Insurance to AmG Insurance Bhd for a total of cash consideration RM 1.550 million subject to adjustment.
Another proposal - disposal of freehold properties at section 14, township and district of Kuala Lumpur and state of Wilayah Persekutuan, KL by KIMB to Tan Sri Datuk Paduka Kua Sian Kooi to be satisfied in cash t the higher of the market value and net book value of the said properties.
Kurasia - Looking good, bound to move higher from the chart, with MA 50 crossed above MA 100 in the past weeks, also today is the first day of high volume, with some collection noticed @ 0.645 / 0.65 level, and ended up with a nice closing @ 0.665.
Looking at its MACD, it has just crossed above the signal line as well.
It might probably be touching 0.69 - 0.70 level soon, both Fibo 50% and resistance line.
Followed by next resistance @ 0.75 - 0.805 / 0.81.
Support would be @ 0.63.
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