Northeast Aims To Raise RM84.5 Mln From ACE Market IPO
GEORGE TOWN, Sept 26 (Bernama) — Northeast Group Bhd aims to raise about RM84.5 million from its initial public offering (IPO) ahead of its ACE Market listing on October 15.
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Producer Price Index Eases To 0.3 Pct In August 2024 - DoSM
KUALA LUMPUR, Sept 26 (Bernama) -- Malaysia’s Producer Price Index (PPI), which measures the price changes at the producer level, eased to 0.3 per cent in August 2024, compared to 1.3 per cent in the previous month, according to the Department of Statistics Malaysia (DoSM).
YTL Counters Weigh On Bursa Malaysia's Morning Session
By Karina Imran
KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia ended the morning session in negative territory due to profit-taking in selected heavyweights, primarily driven by YTL-related counters, according to an analyst.
MIDF Expects Bursa Malaysia's Positive Momentum To Continue In 4Q And Into 2025
KUALA LUMPUR, Sept 26 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Bursa Malaysia’s positive market momentum to continue in the last quarter of 2024 (4Q), driven by foreign inflows, underpinned by a healthy economy and a positive corporate earnings outlook.
CPO Futures Ends Higher Following Better Export Performance
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued their upward trend to close higher for the sixth consecutive day on Wednesday due to better export performance, a trader said.
Gold Futures Rise For 5th Straight Day
KUALA LUMPUR, Sept 25 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives extended its gains for the fifth consecutive day, supported by continued optimism on lower US interest rates.
CIMB Securities Expects MCMC To Announce Second 5G Network Winner Next Week
KUALA LUMPUR, Sept 25 (Bernama) -- CIMB Securities Sdn Bhd expects the Malaysian Communications and Multimedia Commission (MCMC) to announce the winner of the spectrum for the second 5G network (under Entity B) next week, two months after the telcos’ submission of applications on July 31.
ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
RHB IB Estimates RM90 Bln Development Expenditure For Construction Sector In Budget 2025
KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated a net development expenditure of around RM90 billion in Budget 2025 as Malaysia enters the final year of the 12th Malaysia Plan.
RHB IB Predicts Reduced Petronas Dividend In 2025 Amid Falling Oil Prices
KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated that the dividend payout from Petroliam Nasional Bhd (Petronas) will be lower than RM32 billion in 2025, attributed to a weaker performance in 2024 amid declining oil prices.
Magma Proposes Capital Reduction, Land Acquisition, Amendment Of Group's Constitution
KUALA LUMPUR, Sept 24 (Bernama) -- Magma Group Bhd (formerly known as Impiana Hotels Bhd) has proposed to undertake a reduction of its share capital pursuant to Section 116 of the Companies Act, 2016.