Corporate Update – Icapitalbiz Berhad
Icapitalbiz Berhad (ticker: 5108.KL) closed the trading session on Wednesday, 21 November 2026, at MYR 2.49, reflecting a ‑0.4 % change over the 24‑hour period ending at 11:53 PM Central Europe. The stock is currently available on major exchanges for approximately MYR 2.49.
Trading Activity
- Shares traded in the last 24 hours: ≈ 31 000.
- Total shares outstanding: 141 million.
- Market capitalization: MYR 349.8 million.
- 52‑week high: MYR 2.69 (11 March 2025).
- 52‑week low: MYR 2.32 (13 April 2026).
- 200‑day simple moving average: MYR 2.51.
- Month‑to‑date performance: ‑1.2 % from the previous month‑end.
Comparison with Peer Stocks
| Company | Ticker | 24‑hour change | Current price (MYR) | Market cap (MYR million) | P/E Ratio |
|---|---|---|---|---|---|
| Oxford Innotech Bhd | 0368.KL | ‑3.36 % | 0.62 | 408.2 | — |
| Cab Cakaran Bhd | 7174.KL | 0 % | 0.59 | 405.6 | 4.5 |
| Kluang Rubber Bhd | 2453.KL | 0 % | 6.51 | 403.9 | 14.3 |
| Suria Capital Bhd | 6521.KL | ‑1.72 % | 1.16 | 401.2 | 9.96 |
| Elk‑desa | 5228.KL | ‑0.52 % | 0.97 | 413.9 | 14.7 |
Recent Corporate Development – Cab Cakaran Bhd
Cab Cakaran Bhd announced a non‑binding memorandum of understanding with a wholly owned subsidiary of Singapore‑listed Oiltek International Limited. The memorandum is intended to explore a joint venture in Malaysia for developing premium animal‑feed ingredients derived from palm oil products. The agreement signals Cab Cakaran Bhd’s strategy to broaden its product portfolio and strengthen its position in the feed sector.
Key Takeaways
- Icapitalbiz Berhad’s share price remains slightly below its 200‑day moving average and has declined modestly relative to its monthly performance.
- Peer companies show varied price movements, with Oxford Innotech Bhd experiencing the largest decline in the last 24 hours.
- Cab Cakaran Bhd’s recent collaboration with Oiltek International Limited highlights a potential expansion into value‑added feed ingredients.
This information reflects the most recent market activity and corporate announcements as of the stated date.