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KUALA LUMPUR, May 11 (Bernama) -- Permaju Industries Bhd's wholly-owned subsidiary Capital Intertrade Sdn Bhd (CISB) is ceasing its Ford dealership operations, having served a notice of company closure and surrender of operations to Sime Darby Auto ConneXion Sdn Bhd (Sime Darby Auto).
KUALA LUMPUR, May 11 (Bernama) -- Glomac Bhd has unveiled 16 Legacy, an exclusive collection of 16 semi-detached houses in Saujana Rawang with an estimated gross development value (GDV) of approximately RM21 million.
KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Ireka Corp Bhd (Ireka) and seven of its former directors for breaches of the Bursa Malaysia Securities Main Market Listing Requirement, while imposing total fines of RM425,000 on the directors.
KUALA LUMPUR, May 11 (Bernama) -- India-based Vedanta Limited, a global leader in metals, oil & gas, critical minerals, power and technology, posted a record profit of US$2.8 billion for the financial year ended March 31, 2026, up 22 per cent year-on-year (YoY), driven by structurally strong businesses and disciplined execution. (US$1 = RM3.91)
By Siti Noor Afera Abu
KUALA LUMPUR, May 11 (Bernama) -- Late selling pressure dragged Bursa Malaysia into negative territory at the close, reversing earlier gains as profit-taking in heavyweight banking and transportation counters dampen overall market sentiment.
KUALA LUMPUR, May 11 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has completed its first transaction for EVF General Finance Joint Stock Company (EVF) in Vietnam by securing US$25 million from the OPEC Fund for International Development (OFID). (US$1 = RM3.91)
KUALA LUMPUR, May 11 (Bernama) -- CYNREN has launched as an independent international advisory firm focused on the intersection of capital, technology and geopolitics.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, May 11 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by regional rubber futures despite firmer crude oil prices, a trader said.
KUALA LUMPUR, May 11 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a+” (Excellent) to Taiwan’s Tokio Marine Newa Insurance Co Ltd (TMNewa), with a stable outlook.
KUALA LUMPUR, May 11 (Bernama) -- Esentia Energy Development S.A.B. de C.V. (Esentia) announced the pricing of US$2 billion in senior notes through a private offering to qualified institutional buyers and non-United States (US) investors. (US$1 = RM3.91)
KUALA LUMPUR, May 11 (Bernama) -- BMI, a unit of Fitch Solutions, expects Bank Negara Malaysia (BNM) to leave the overnight policy rate (OPR) on hold at 2.75 per cent at its next meeting on July 9, following the central bank’s May 7 rate decision.
KUALA LUMPUR, May 11 (Bernama) -- The 139th Canton Fair in Guangdong Province concluded with a record number of overseas buyers, underscoring continued global demand for Chinese products and manufacturing innovation.
