Bursa Malaysia Mulls New Futures Contract For Used Cooking Oil
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia has confirmed its plan to introduce a new futures contract for used cooking oil, pending industry consultation and regulatory approval.
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Pharmaniaga Appoints EY As New External Auditor Effective Oct 9
KUALA LUMPUR, Oct 10 (Bernama) -- Pharmaniaga Bhd (Pharmaniaga) has appointed Ernst & Young (EY) as its new external auditor, effective Oct 9, 2024.
Public Bank To Acquire 44.15 Pct In LPI Capital For RM1.72 Bln Cash
KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.
Teh Family To Reduce Public Bank Stake To 10 Pct Over Five Years
KUALA LUMPUR, Oct 10 -- The estate of the late Tan Sri Teh Hong Piow and Consolidated Teh Holdings Sdn Bhd will reduce their stake in Public Bank Bhd to 10 per cent over five years from the current 23.4 per cent.
Public Bank, LPI Capital Shares To Resume Trading On Friday
KUALA LUMPUR, Oct 10 (Bernama) -- Shares of Public Bank Bhd and LPI Capital Bhd will resume trading with effect from 9 am tomorrow, according to separate filings from the two companies to Bursa Malaysia.
Bursa Malaysia Ends Higher On Bargain Hunting
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia managed to maintain its upbeat momentum to end higher today as bargain hunting emerged following the recent sell-off, an analyst said.
Public Bank To Acquire 44.15 Pct Stake In LPI Capital For RM1.72 Bln Cash
KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash.
Top Glove Net Loss Narrows To RM61.81 Mln In FY2024
KUALA LUMPUR, Oct 10 (Bernama) -- Top Glove Corporation Bhd has reduced its net loss to RM61.81 million for the financial year ended Aug 31, 2024 (FY2024) from RM925.22 million in FY2023.
Sarawak Ready To Lead In Promoting Sustainable Global Economy - Abang Johari
KUCHING, Oct 10 (Bernama) -- Sarawak is ready to learn and lead in promoting a just and sustainable global economy through the development of green and renewable energy, sustainable agriculture or digital innovation.
RHB Bank Net Interest Margin Seen Higher In Third Quarter
KUALA LUMPUR, Oct 10 (Bernama) -- RHB Bank Bhd’s net interest margin (NIM) for the third quarter of 2024 (3Q2024) is expected to surpass the 1.89 per cent recorded in the second quarter, driven by a recent 10 basis points (bps) reduction in board fixed deposit rates and easing deposit competition, among other factors.
MIDF Expects Westports To Achieve 4.2 Pct Container Volume Growth For FY2024
KUALA LUMPUR, Oct 10 (Bernama) -- MIDF Research expects Westports Holdings Bhd’s container volume in the second half of 2024 (2H FY2024) to increase by 2.2 per cent year-on-year (y-o-y) to achieve a full-year growth target of 4.2 per cent.
RHB Positive On Guan Chong MoU With Ivory Coast's CCC, Maintains 'Buy' Call
KUALA LUMPUR, Oct 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on cocoa manufacturer Guan Chong Bhd's (Guan Chong) recent memorandum of understanding (MOU) with Ivory Coast's Conseil du Café-Cacao (CCC) to acquire a 25 per cent stake in CotéTranscao d’Ivoire (CI).