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KUALA LUMPUR, March 4 (Bernama) — The Malaysian capital market’s average daily value (ADV) growth rose by more than 50 per cent to RM3.15 billion in 2024 from RM2.06 billion in 2023 underscores investor confidence and interest, according to Second Finance Minister Senator Datuk Seri Amir Hamzah Azizan.
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KUALA LUMPUR, March 3 (Bernama) -- WCT Holdings Bhd has received approval from the Securities Commission Malaysia (SC) to establish and list Paradigm Real Estate Investment Trust (Paradigm REIT) on the Main Market of Bursa Malaysia.
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KUALA LUMPUR, March 3 (Bernama) -- Pantech Global Bhd is accelerating its international expansion, targeting high-growth markets in North Africa and South America after listing on the Main Market of Bursa Malaysia today.
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KUALA LUMPUR, Feb 28 (Bernama) -- While the United States President Donald Trump is threatening to impose tariffs on both allies and rivals, an ASEAN’s top private sector official has cautioned Southeast Asian economies to increase trade and reinforce their centrality to shield themselves from such global uncertainties.
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KUALA LUMPUR, Feb 27 (Bernama) -- KNM Group Bhd, through wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS), has entered into a conditional sale, purchase and transfer agreement with Japan-based NGK Insulators Ltd for the proposed disposal of its entire equity interest in Deutsche KNM GmbH (DKNM) for 270 million euros (about RM1.24 billion).
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KUALA LUMPUR, Feb 26 (Bernama) -- Integrated gold jewellery manufacturer and retailer Tomei Consolidated Bhd registered a higher net profit of RM59.50 million for the financial year 2024 (FY2024) versus RM46.43 million in the previous year, primarily driven by higher retail gold prices, which contributed to improved margins.
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KUALA LUMPUR, Feb 26 (Bernama) -- A more in-depth study will be conducted to consider the feasibility of detailed reporting on the profit and loss of each medical insurance policy, said Deputy Finance Minister Lim Hui Ying.
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KUALA LUMPUR, Feb 25 (Bernama) -- The privatisation and delisting of Malaysia Airports Holdings Bhd (MAHB) represents a crucial turning point for the country’s aviation industry, offering a chance to improve operational efficiency and service quality across its airports, analysts opined.
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By Kisho Kumari Sucedaram
KUALA LUMPUR, Feb 24 (Bernama) – Tomorrow will be a watershed moment for Malaysia Airports Holdings Bhd (MAHB) as it will be delisted from Bursa Malaysia following its successful privatisation exercise by the Gateway Development Alliance (GDA) consortium.
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KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a stable outlook.
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KUALA LUMPUR, Feb 20 (Bernama) -- ES Sunlogy Bhd aims to expand its portfolio in the solar energy sector via participation in renewable energy (RE) initiatives such as the large-scale solar 5 programme (LSS5), LSS5+ and the corporate green power programme.
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KUALA LUMPUR, Feb 19 (Bernama) -- ACE Market-bound oil and gas (O&G) pipe supplier Saliran Group Bhd aims to raise RM21.71 million through its initial public offering (IPO).