Malakoff Completes Acquisition Of ZEC Solar, TJZ Suria
KUALA LUMPUR, Jan 31 (Bernama) -- Malakoff Corporation Bhd has completed its acquisition of ZEC Solar Sdn Bhd and TJZ Suria Sdn Bhd.
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Banks Extend Assistance To Flood-affected Customers In Sabah, Sarawak
KUALA LUMPUR, Jan 31 (Bernama) -- Various banks, including Public Bank Bhd, Hong Leong Bank Bhd, Standard Chartered Bank Malaysia Bhd and OCBC Bank (M) Bhd, have come forward to offer assistance to their loan and financing customers who are affected by the floods in Sabah and Sarawak.
Awantec Sells Office Building For RM25 Mln In Asset Rationalisation
KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.
CIMB Securities Expects New Vehicle Sales To Fall 7 Pct To 760,000 Units In 2025
KUALA LUMPUR, Jan 31 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.
MAHB To Be Delisted From Main Market, Last Day Of Trading On Feb 19
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) will be delisted from the Main Market of Bursa Malaysia as its minimum public shareholding spread is now less than 25 per cent.
Bursa Malaysia Expects To List 60 IPOs In 2025, With RM40.2 Bln Market Capitalisation
KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd is expecting to list 60 initial public offerings (IPOs) in 2025, with a total market capitalisation of RM40.2 billion.
Bursa Malaysia's FY2024 Net Profit Increases To RM310.12 Mln
KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd’s net profit jumped 22.9 per cent to RM310.12 million in the financial year ended Dec 31, 2024 (FY2024) from RM252.38 million in the previous year, boosted by robust securities and derivatives markets as well as data business performance.
Malaysia Stands To Benefit From Trump's Trade Policies -- KSI, ECKL
KUALA LUMPUR, Jan 25 (Bernama) -- Malaysia is poised to seize significant opportunities from Donald Trump's return as President of the United States (US), especially in attracting foreign direct investment (FDI) and enhancing export potential.
Economist Forecasts Ringgit To Reach RM4.45 Vs US Dollar By Year-end
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.
Southeast Asia's Biggest Furniture Event MIFF 2025 Aims To Achieve 5 Pct Sales Rise
KUALA LUMPUR, Jan 23 (Bernama) -- The Malaysian International Furniture Fair (MIFF) 2025 aims to achieve a five per cent increase in sales this year against on-site sales of US$1.28 billion (US$1 = RM4.43) last year.
OPR Continues To Be Supportive Of The Economy -- BNM Governor
KUALA LUMPUR, Jan 22 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour after January’s Monetary Policy Committee meeting:-
Malaysia Reiterates Commitment To Paris Agreement Amid US Exit - PM Anwar
DAVOS (Switzerland), Jan 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim reiterated Malaysia’s commitment to the Paris Agreement, highlighting the country’s willingness to take bold and tough measures to value humanity and preserve sustainability.