U Mobile To Reduce Foreign Majority Shareholdings To 20 Pct

KUALA LUMPUR, Nov 2 (Bernama) -- U Mobile Sdn Bhd, which has been selected to implement the country’s second 5G network, will reduce its foreign majority shareholding to 20 per cent to ensure greater Malaysian control and invite participation from local investors.

Bursa Malaysia Ends Morning Session In Positive Territory

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, taking cues from the optimism in US markets overnight.

Bursa Malaysia Ends Lower In Sync With Most Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region following a negative cue from global equities overnight with strong selling In technology stocks, said an analyst. 

FBM KLCI Pares Gains But Stays In Positive Territory

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia pared gains but stayed in positive territory at the close on Monday, on buying interest in banking, telecommunications and commodity-related stocks. 

FBM KLCI Stays Marginally Up At Midday; Market Breadth Negative

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia’s barometer index was marginally higher at midday as traders awaited the upcoming United States (US) Producer Price Index data for cues to gauge the Federal Reserve’s future interest rate moves, analysts said. 

PR1MA, CelcomDigi Team Up To Transform Homes With Smart City Solutions

KUALA LUMPUR, Oct 7 (Bernama) -- PR1MA Corporation Malaysia (PR1MA) has partnered with CelcomDigi Bhd to transform PR1MA homes and commercial developments with smart city solutions. 

Bursa Malaysia Ends Lower On Concerns Over Middle-East Tension

By Zarul Effendi Razali

KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia ended the week on a low note, weighed down by continuous selling in selected heavyweights, led by telecommunications and media counters, due to emerging concerns over global economic uncertainties.

CelcomDigi Inks MoU With South Korea's SK Telecom To Collaborate On AI Initiatives

SEOUL, Sept 30 (Bernama) -- CelcomDigi Bhd and South Korea’s leading wireless telecommunications operator, SK Telecom Co Ltd, have inked a memorandum of understanding (MoU) to collaborate on artificial intelligence (AI) initiatives.

CIMB Securities Expects MCMC To Announce Second 5G Network Winner Next Week

KUALA LUMPUR, Sept 25 (Bernama) -- CIMB Securities Sdn Bhd expects the Malaysian Communications and Multimedia Commission (MCMC) to announce the winner of the spectrum for the second 5G network (under Entity B) next week, two months after the telcos’ submission of applications on July 31.

Bursa Malaysia Higher In Early Trade

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia moved higher in early trade today, tracking a rally on Wall Street overnight. 

Bursa Malaysia Ends Higher As US Interest Rate Cut Lifts Regional Sentiment

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended higher on Thursday on persistent buying interest as the US Federal Reserve's (Fed) interest rate cut by half a percentage point lifted regional market sentiment.

Bursa Malaysia Ends Morning Session Higher In Line With Regional Peers

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended the morning session higher in tandem with regional markets, as buying sentiments improved after the United States Federal Reserve (Fed) announced its interest rate cut of half a percentage point.