FBM KLCI Futures Likely To Trend Range-bound Next Week

By Anas Abu Hassan

KUALA LUMPUR, Feb 1 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade in range-bound next week, tracking the underlying cash market performance amid improved sentiment.

Gold Futures Edge Up Amid Subdued Trading

KUALA LUMPUR, Jan 31 (Bernama) -- Gold futures on Bursa Malaysia Derivatives edged higher today, amid subdued trading, reflecting a slightly positive momentum in the US COMEX gold market.

CPO Futures Continue Uptrend On Weaker Output Forecast, Higher Soybean Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 31 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives climbed for the fourth consecutive day of trading on Friday due to higher soybean oil prices as well as weaker production outlook in the coming weeks, a dealer said.

Awantec Sells Office Building For RM25 Mln In Asset Rationalisation

KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.  

FBM KLCI Futures End Higher

KUALA LUMPUR, Jan 31 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today, tracking the underlying cash market performance. 

Weststar-GAP Aviation Bags RM176 Mln Helicopter Transportation Contract In Timor-Leste

KUALA LUMPUR, Jan 31 (Bernama) -- Weststar-GAP Aviation LDA, a joint venture between Timor GAP-Timor Gas Petroleo, EP, and Weststar Aviation Timor, Unipessoal, LDA, has secured a helicopter transportation services contract with an Australian energy company Santos NA (19-12) Pty Ltd worth US$40 million or RM175.6 million.

Malaysia Remains Key Data Centre Hub Despite Global Concerns – MIDF

KUALA LUMPUR, Jan 31 (Bernama) – Malaysia remains a key data centre (DC) hub due to its strategic location, abundant resources, cost advantages, and established infrastructure with industry feedback suggesting no major disruptions to upcoming projects, according to MIDF Amanah Investment Bank Bhd.

CPO Futures Extends Uptrend For Third Day On Weak Output

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended its uptrend to the third consecutive day on Tuesday, supported by the weaker palm oil production by Southern Peninsular mills during Jan 1-25, 2025 period, an analyst said.

Chinese New Year Lull Weighs On Gold Futures To End Lower

KUALA LUMPUR, Jan 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, as subdued trading ahead of the Chinese New Year holiday weighed on the market, despite the positive momentum in the United States COMEX gold market, an analyst said.

FBM KLCI Futures End Mostly Higher

KUALA LUMPUR, Jan 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended mostly higher today.

microLEAP's Financing Disbursement Surges 101 Pct To RM125 Mln In 2024

KUALA LUMPUR, Jan 28 (Bernama) -- Peer-to-peer (P2P) financing platform microLEAP recorded a 101 per cent year-on-year increase in financing disbursements, rising to RM125 million in 2024 from RM62.18 million in 2023.  

Datasonic Unit Bags New Extension To Passport Chips Supply Contract With Additional RM104.78 Mln Contract Value

KUALA LUMPUR, Jan 28 (Bernama) -- Datasonic Group Bhd’s wholly owned subsidiary, Datasonic Technologies Sdn Bhd (DTSB), has received a 12-month extension from the Home Ministry to supply Malaysian passport chips to the Immigration Department.