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Bursa Set For Modest Gains Next Week On Bargain-hunting, Optimism

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 11 (Bernama) -- Bursa Malaysia is expected to trend modestly higher in the coming week, driven by bargain-hunting and optimism surrounding domestic developments.

Metronic Global Bags RM31 Mln Sungai Rasau Water Supply Scheme Project

KUALA LUMPUR, Jan 10 (Bernama) -- Metronic Global Bhd, through MAT JV Sdn Bhd, has bagged a RM31 million water supply scheme project in Selangor.

Kenanga IB Sees Petronas Capex Cut Not Exceeding RM10 Bln After Petros Gas Deal

KUALA LUMPUR, Jan 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has estimated that any potential capital expenditure (capex) cut by Petroliam Nasional Bhd (Petronas) following a gas distribution agreement with Petros in Sarawak would not exceed RM10 billion annually.

Dialog’s Shares Remain Flat Despite Securing US$235 Mln Investment

KUALA LUMPUR, Jan 10 (Bernama) -- Dialog Group Bhd's share price remained unchanged at mid-morning, despite receiving a US$235 million investment approval for the Baram Junior Cluster Small Field Asset Production Sharing Contract (PSC).

Dialog Secures US$235 Mln Investment Approval For Baram Junior Cluster PSC

KUALA LUMPUR, Jan 9 (Bernama) -- Dialog Group Bhd has announced that the field development and abandonment plan (FDAP) for the Baram Junior Cluster Small Field Asset Production Sharing Contract (BJC SFA PSC) has achieved a final investment decision of US$235 million (US$1=RM4.50).

Resolving ASEAN Issues Requires Team Effort; Strong Economies To Lead - Tengku Zafrul

KUALA LUMPUR, Jan 9 (Bernama) — Resolving ASEAN’s issues, whether it is about Myanmar or the South China Sea, should be a team sport and not solely rest on the 10-member bloc’s chair.

GDA Secures 84.1 Pct Of MAHB Shares As At Jan 8

KUALA LUMPUR, Jan 8 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (the Consortium) have received valid offer acceptances of 1.40 billion shares, representing 84.1 per cent of the total number of issued shares in Malaysia Airports Holdings Bhd (MAHB).

Antom, AirAsia MOVE Join Forces For Seamless Payment Solutions

KUALA LUMPUR, Jan 8 (Bernama) -- Singapore-headquartered Ant International announced its payment and digitisation services provider, Antom, with AirAsia MOVE, has signed a partnership agreement to transform travel, including seamless payment experiences on the app.

Swift Energy To Focus On Expansion Plans After Strong ACE Market Debut

KUALA LUMPUR, Jan 8 (Bernama) -- Industrial automation and power systems, Swift Energy Technology Bhd, which debuted on the ACE Market of Bursa Malaysia today, is gearing up for its ambitious expansion plans to strengthen its presence in the ASEAN region.

Ringgit Opens Flat Amid Rising Greenback Demand 

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened flat against the US dollar but rose versus other major currencies amid rising greenback demand, following the release of key United States (US) economic data yesterday, said an analyst. 

Biocon Biologics Is Committed To Business Development In Malaysia - PM Anwar

KUALA LUMPUR, Jan 7 (Bernama) -- Biocon Biologics is committed to implementing business expansion in Malaysia. Biocon Biologics is a global company with capabilities in the development, manufacturing and commercialisation of high-quality biosimilars.

Avenacy Reports Strong 2024 Performance, Outlines 2025 Strategic Priorities

KUALA LUMPUR, Jan 7 (Bernama) -- Avenacy, a specialty pharmaceutical company focused on supplying critical injectable medications, has provided an update on recent business highlights and financial performance for 2024 and outlined its strategic priorities for this year.