Bursa Malaysia Higher At The Opening

KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia opened higher on Wednesday amid a cautious undertone, in line with most regional markets, after US President Donald Trump suspended planned strikes on Iranian infrastructure for two weeks.  

CPO Futures Close Lower Despite Thailand’s Tighter Export Controls

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, despite Thailand announcing tighter controls on CPO exports.

IJM Shares Down In Early Trade, Sunway's IJM Takeover Attempts Lapse

KUALA LUMPUR, April 7 (Bernama) -- Share prices of IJM Corporation Bhd declined in early trade on Tuesday, while Sunway Bhd shares were marginally higher as Sunway’s conditional voluntary general offer (VGO) had lapsed after failing to meet the condition of securing over 50 per cent shareholders’ acceptance level in IJM.  

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia rebounded to open higher on Tuesday, tracking overnight gains on Wall Street.

Reneuco Faces Suspension, Delisting As Bursa Rejects Extension To Submit Regularisation Plan

KUALA LUMPUR, April 6 (Bernama) -- Reneuco Bhd is facing the risk of suspension and subsequent delisting after Bursa Malaysia Securities Bhd rejected its application for a further extension of time to submit its regularisation plan.

MNRB Holdings’ Sukuk Ratings Reaffirmed; Medium-Term Notes Upgraded

KUALA LUMPUR, April 6 (Bernama) -- MNRB Holdings Bhd has had the AA3 and A1 ratings on its RM420 million senior sukuk and subordinated sukuk, respectively, reaffirmed by RAM Rating Services Bhd.

Bursa Malaysia Remains Lower At Midday Amid Cautious Sentiment

KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia finished the morning session lower as continued volatility in global conditions was seen in the near term after US President Donald Trump gave Iran a 48-hour deadline to reopen the Strait of Hormuz.

IJM Corp, Sunway Slip In Early Trade Ahead Of Takeover Deadline

KUALA LUMPUR, April 6 (Bernama) -- IJM Corporation Bhd and Sunway Bhd fell in early trade today ahead of the deadline for IJM shareholders to accept Sunway’s takeover offer at market close (today).

Hassan Marican Appointed As Chairman Of Crisis Management Task Force - Fahmi

KUALA LUMPUR, April 3 (Bernama) -- Tan Sri Mohd Hassan Marican has been appointed as the chairman of the Crisis Management Task Force (PPPK) under the National Economic Action Council (MTEN) to coordinate the government's efforts to address the global energy crisis following the conflict in West Asia.

Bursa Malaysia Higher At Midday Amid Mixed Regional Market Performance

KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia settled marginally higher at midday, amid mixed performance in regional markets due to uncertainty over the outcome of the West Asia crisis.

AM Best Affirms CMB Wing Lung Insurance Ratings With Stable Outlook

KUALA LUMPUR, April 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s CMB Wing Lung Insurance Company Limited (CMBWLI), with a stable outlook.

Bursa Malaysia Ends Morning Session Lower As Global Conditions Remain Uncertain

KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia stayed in negative territory at midday in tandem with regional peers, given that global conditions remain uncertain as conflicting narratives continue to cloud prospects for a resolution to the West Asia conflict.