Bursa Malaysia Rebounds To Open Slightly Higher
KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia rebounded from last week's losses to open marginally higher today, driven by mild buying interest in selected heavyweights, a dealer said.
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IJM Construction Clinches RM1.4 Bln Johor Data Centre Project
KUALA LUMPUR, Aug 15 (Bernama) -- IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corporation Bhd (IJM), has been awarded a RM1.4 billion contract for the construction of a large-scale data centre facility in Johor Bahru.
UUE Shares Up In Early Trade
KUALA LUMPUR, Aug 12 (Bernama) -- UUE Holdings Bhd shares rose in early trade today, buoyed by positive market sentiment.
Kenanga, CIMB Maintain ‘Buy’ On Yinson After US$600 Mln Vietnam Contract
KUALA LUMPUR, July 29 (Bernama) -- Kenanga Investment Bank Bhd and CIMB Securities Sdn Bhd have reiterated their “Buy” calls on Yinson Holdings Bhd after it secured a contract worth around US$600 million to provide and charter a floating storage and offloading (FSO) vessel in Vietnam. (US$1=RM4.21).
Bursa Malaysia Gains At Midday As Fuel Price Assurance Boosts Consumer Stocks
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia ended the morning trading session in positive territory, supported by buying in selected counters, led by 99 SpeedMart, CIMB and Maybank.
Bursa Lower At Midday, CI Down 0.36 Pct On Tariff Concerns
KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia ended the morning session 0.36 per cent lower, tracking mixed global markets, as investor sentiment turned cautious amid renewed trade tensions sparked by the United States’ proposal to impose tariffs of 15 to 20 per cent on European Union imports.
Powerwell Accepts RM16.6 Mln Switchboard Orders For Hyperscale Data Centre Project
KUALA LUMPUR, July 1 (Bernama) -- Powerwell Holdings Bhd has accepted purchase orders (POs) worth RM16.63 million to supply switchboards and components for a hyperscale data centre project at Elmina Business Park, Selangor.
RHBIB Remains Upbeat On Binastra Corp's Prospect
KUALA LUMPUR, June 20 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat on Binastra Corporation Bhd's prospects, projecting earnings to grow at a compound annual growth rate (CAGR) of 132 per cent for three financial years (FYs) between 2025 and 2028.
Binastra Records 43 Pct Revenue Growth,; Order Book At RM4.1 Bln In 1Q
KUALA LUMPUR, June 19 (Bernama) -- Binastra Corporation Bhd’s revenue rose by 43 per cent to RM256.8 million in the first quarter ended April 30, 2025 (1Q FY2026), a 43 per cent increase year-on-year (y-o-y) compared to 1Q FY2025.
Construction Sector 2Q Earnings Keep Upward Momentum - CIMB Securities
KUALA LUMPUR, June 19 (Bernama) -- Earnings in the construction sector are expected to remain on an upward quarter-on-quarter (q-o-q) trajectory in the second quarter of 2025 (2Q 2025), supported by increased construction site activities following 1Q 2025 festive breaks, according to CIMB Securities Sdn Bhd.
Research Firms Issue ‘Buy’ Calls On Econpile Following Penang LRT Contract Win
KUALA LUMPUR, June 6 (Bernama) -- RHB Research has maintained its ‘Buy’ recommendations on Econpile Holdings Bhd following the company’s contract win for the Penang Light Rail Transit (LRT) project.
Affin Group Debuts In US Bond Market With US$300 Mln Note Issue
KUALA LUMPUR, June 4 (Bernama) -- Affin Group made its debut in the US dollar bond market with the issuance of the senior unsecured notes with a nominal value of US$300 million (RM1.27 billion) under its US$2 billion (RM8.46 billion) euro medium term note (EMTN) programme.