YNH Property To Dispose Of Aeon Mall Seri Manjung For RM138 Mln

KUALA LUMPUR, Jan 21 (Bernama) -- YNH Property Bhd’s wholly-owned subsidiaries, Kar Sin Bhd and YNH Hospitality Sdn Bhd, have disposed of Aeon Mall Seri Manjung for RM138.0 million.

U Mobile To Roll Out 5G In 15-18 Months, IPO By End Of 2025 – Vincent Tan

KLANG, Jan 17 (Bernama) -- U Mobile Sdn Bhd, Malaysia’s second 5G network operator, plans to roll out its second 5G network within the next 15 to 18 months, according to chairman Tan Sri Vincent Tan.

CPO Futures Extend Downtrend On Weaker Demand

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 15 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its downtrend today on weaker demand from key market destinations, namely India, China and the European Union. 

U Mobile Likely To Collaborate To Defray 5G Capex Estimated At RM3 Bln-RM4 Bln -- RHB Investment Bank

KUALA LUMPUR, Jan 10 (Bernama) -- U Mobile Sdn Bhd is likely to enter into network collaborations to defray 5G capital expenditure (capex) estimated at RM3 billion-RM4 billion following its selection as the second 5G network access provider, said RHB Investment Bank Bhd.

Bursa Malaysia Opens Higher But Retreats Thereafter

KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia opened higher on Thursday but retreated thereafter due to extended profit taking in selected heavyweights as investors remained on the sidelines due to the lack of fresh leads, dealers said.

JS-SEZ Can Drive Johor To Become Southern Growth Engine For Economy -- Analysts

KUALA LUMPUR, Jan 8 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) can potentially propel Johor to become the southern growth engine for the economy, said RHB Investment Bank Bhd (RHB IB).

RHBIB Expects Property Sales To Grow By 10 Pct Y-O-Y In 2025

KUALA LUMPUR, Jan 3 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects property sales to grow by 10 per cent year-on-year (y-o-y) in 2025 with some developers likely to focus on launching mid-range high-rise products to conserve landbanks and address potential affordability issue. 

Gamuda Able To Develop Up To 1,000MWs Data Centre On Newly Acquired Land - HLIB

KUALA LUMPUR, Dec 31 (Bernama) -- The land acquired by Gamuda Bhd at Springhill Industrial Park in Negeri Sembilan could support the development of data centre (DC) capacities of between 700-1,000 megawatts (MWs) based on two to three MWs per acre with a downward adjustment in net area, Hong Leong Investment Bank’s (HLIB) preliminary estimates show.

Higher Opex Under RP4 To Support TNB's Operational, Maintenance Activities - RHB IB

KUALA LUMPUR, Dec 27 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on Tenaga Nasional Bhd's (TNB) three-year Regulatory Period 4 (RP4) announcement, as the higher allowed operating expenditure (opex) could support the planning and execution of necessary operational and maintenance activities for all of the utility company's electrical infrastructure.

Bursa Malaysia Confirms Embarking On Succession Plan Amid Reports Of CEO Exit

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia Bhd has confirmed that it is embarking on a chief executive officer (CEO) succession plan. This addresses media reports that its current CEO and executive director, Datuk Muhamad Umar, is considering leaving the company.

Bursa Malaysia Opens Lower On Wall Street's Decline

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia opened lower today, taking a cue from Wall Street’s overnight declines, said an analyst. 

Late Buying Lifts Bursa Malaysia To End In Positive Zone

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 5 (Bernama) -- Last-minute buying mainly in financial and plantation heavyweights helped lift Bursa Malaysia to end today’s session on a positive note, erasing losses from the earlier sessions.