PHB Appoints Mazuki Abdullah Group Managing Director

KUALA LUMPUR, Dec 25 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has appointed Mazuki Abdullah @ Muhammad as its new group managing director, effective Jan 1, 2026.

Ringgit Continues To Soar Against Greenback As US Consumer Confidence Remains Weak

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit ended stronger against the US dollar today, touching 4.04, its highest level in nearly five years, after the latest data showed that consumer confidence in the United States remains weak. 

Christmas Comes Early As Bursa Malaysia Ends At Nearly 16-Month High

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia closed at a nearly 16-month high on Christmas Eve, extending its gains for a fifth consecutive session amid steady market participation and improving domestic sentiment.

Borneo Oil's Associate Verde Resources Applies For Nasdaq Listing

KUALA LUMPUR, Dec 24 (Bernama) -- Borneo Oil Bhd’s quoted investment, Verde Resources Inc, has applied to list its common stock on the Nasdaq stock market, in conjunction with a proposed underwritten public offering in the United States.

Window Dressing Lifts FBM KLCI To Over 15-month High At Midday

KUALA LUMPUR, Dec 24 (Bernama) -- Year-end window dressing continued to support Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI), keeping the index above a 15-month high at midday.

FBM KLCI Opens Lower On Mild Profit-taking

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Wednesday as mild profit-taking emerged following its recent rally, with trading activity typically softening during the holiday week.

Ringgit Climbs To Strongest Level Against US Dollar Since Early March 2021

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit climbed to another new high at Tuesday’s closing, touching 4.0615, the strongest level last seen in early March 2021, as expectations of a United States (US) interest rate cut continued to pressure the greenback.

CBH Engineering Unit Bags Data Centre-related Project Worth RM130 Mln

KUALA LUMPUR, Dec 23 (Bernama) -- CBH Engineering Holdings Bhd's wholly-owned subsidiary, CBH Engineering Sdn Bhd, has accepted two letters of award (LOA) from Company A for the development of a landing station at a data centre worth RM130 million.

Kimlun's Unit Secures Construction Contracts Worth RM617.7 Mln In Johor

KUALA LUMPUR, Dec 23 (Bernama) — Kimlun Corporation Bhd’s wholly owned subsidiary, Kimlun Sdn Bhd has secured three construction contracts worth a combined RM617.73 million in Johor.

Bursa Malaysia Extends Rally For Fourth Session On Institutional Buying

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) continued its upward momentum for a fourth consecutive session, underpinned by ongoing support from domestic institutional investors. 

Modon Enters Jersey City Waterfront Tower Joint Venture

KUALA LUMPUR, Dec 23 (Bernama) -- Modon Holding PSC (Modon) has announced a new joint venture to develop Harborside 4, a 54-storey residential tower on one of the last prime waterfront sites in downtown Jersey City, New Jersey, United States (US), marking a further step in the group’s global expansion strategy.

Textron Aviation Defense Secures First Beechcraft T-6JP Texan II Deal In Japan

KUALA LUMPUR, Dec 23 (Bernama) -- Textron Aviation Defense LLC, a unit of Textron Inc, has secured its first contract to supply the Beechcraft T-6JP Texan II integrated training system to Japan’s Air Self-Defense Force (JASDF), marking a milestone entry into the Japanese military training market.