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Reach Ten To Raise RM104 Mln From IPO To Expand Telecom Infrastructure

KUALA LUMPUR, April 9 (Bernama) -- Sarawak-based telecommunications provider Reach Ten Holdings Bhd is set to raise RM104 million through its initial public offering (IPO) ahead of its planned Main Market listing on May 2, 2025.

SumiSaujana Makes Lacklustre Debut On Ace Market

KUALA LUMPUR, April 9 (Bernama) -- SumiSaujana Group Bhd made a lacklustre debut on Bursa Malaysia’s ACE Market today amid the continuing global market uncertainty caused by a US-led tariff conflict.

HI Mobility Optimistic Its Johor Free Bus Service Contract Will Be Extended

KUALA LUMPUR, March 28 (Bernama) -- HI Mobility Bhd said it is optimistic that its contract will be extended in the Bas Muafakat Johor (BMJ) initiative that is due to end this month.

Capital A Seeks Bursa Securities' Approval To Extend Issuance Of PN17 Regularisation Plan Circular

KUALA LUMPUR, March 27 (Bernama) -- Capital A Bhd is seeking approval from Bursa Malaysia Securities Bhd for an extension until April 15, 2025, to issue the shareholder circular for its proposed Practice Note 17 (PN17) regularisation plan.

ACE Market-listed Southern Score Builders Proposes Listing Transfer To Main Market

KUALA LUMPUR, March 27 (Bernama) -- ACE Market-listed Southern Score Builders Bhd has proposed to transfer its listing and entire issued share capital to the Main Market of Bursa Malaysia.

E&E Sector To Grow, Tracking Rising Demand For High-Precision Components

KUALA LUMPUR, March 26 (Bernama) -- The electrical and electronic (E&E) sector is expected to grow this year, driven by the rising demand for high-precision electronic components, said Chemlite Innovation Bhd.

Main Market-bound Cuckoo Malaysia Aims To Raise RM184.8 Mln From IPO

KUALA LUMPUR, March 26 (Bernama) -- Main Market-bound Cuckoo International (Mal) Bhd, the local unit of South Korean appliance maker Cuckoo Homesys Co Ltd, aims to raise RM184.8 million from its initial public offering (IPO).

ACE Market Debutant Wawasan Dengkil Eyes More Solar Farm Projects

KUALA LUMPUR, March 25 (Bernama) -- Construction services provider Wawasan Dengkil Holdings Bhd, which made its debut on the ACE Market today, plans to expand its business by securing more solar farm infrastructure projects.  

Bursa Approves AHAM Capital's Request To Suspend Trading Of Two ETFs On March 26

KUALA LUMPUR, March 25 (Bernama) -- AHAM Asset Management Bhd (AHAM Capital) has announced that Bursa Malaysia has approved its request to suspend trading on two of its exchanged traded funds (ETF) to take effect on March 26, 2025.

Foreign Investors Pull US$564.9 Mln From Asian Markets, Local Institutions Provide Support - MIDF

KUALA LUMPUR, March 24 (Bernama) --  Foreign investors remained net sellers across eight Asian markets, with total outflows reaching US$564.9 million last week.

SC Approves 21 Equity Applications In 2024 With Total Market Capitalisation Of RM21.39 Bln

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) approved 21 equity applications, including 10 initial public offerings (IPOs), on the Main Market of Bursa Malaysia with a total market capitalisation of RM21.39 billion in 2024.

GLICs Urged To Invest Around RM120 Bln over 5 Years For Economic Growth

KUALA LUMPUR, March 20 (Bernama) -- Government-linked investment companies (GLICs) have been urged to make domestic direct investments (DDI) of about RM120 billion over five years to stimulate the country's economic growth, said Prime Minister Datuk Seri Anwar Ibrahim.