Rakuten Trade Lifts 2025 FBM KLCI Target To 1,650
KUALA LUMPUR, Sept 12 (Bernama) -- Rakuten Trade Sdn Bhd has raised its FTSE Bursa Malaysia KLCI (FBM KLCI) target to 1,650 from 1,630 for 2025, buoyed by renewed foreign fund inflows into Asia.
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Ace Market-bound Cheeding Aims To Raise RM51.5 Mln From IPO
PETALING JAYA, Sept 12 (Bernama) -- Utilities engineering services provider Cheeding Holdings Bhd aims to raise RM51.5 million via its initial public offering (IPO), ahead of its ACE Market listing on Bursa Malaysia Securities Bhd on Oct 7, 2025.
JS Solar IPO Oversubscribed 48.32 Times Ahead Of ACE Market Listing
KUALA LUMPUR, Sept 12 (Bernama) -- JS Solar Holdings Bhd’s initial public offering (IPO) has been oversubscribed by 48.32 times ahead of its listing on the ACE Market of Bursa Malaysia, scheduled for Sept 23, 2025.
Bursa Malaysia Rises After Pause, Fed Cut Eyed
KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia opened higher on Friday after pausing the previous day, tracking global gains as investors grew more confident that the United States (US) Federal Reserve (Fed) will cut rates next week.
ACE Market-bound JS Solar's IPO Oversubscribed By 48.32 Times
KUALA LUMPUR, Sept 11 (Bernama) -- Solar photovoltaic system specialist JS Solar Holdings Bhd’s initial public offering (IPO) has been oversubscribed by 48.32 times, ahead of its listing on the ACE Market of Bursa Malaysia on Sept 23, 2025.
Kenanga, RHB Stay Neutral On Plantations As CPO Outlook Moderates
KUALA LUMPUR, Sept 11 (Bernama) -- Kenanga Investment Bank Bhd has maintained a 'neutral' call on the plantation sector, saying earnings are expected to stay robust into calendar year 2026 (CY26) but lacking strong upside catalysts.
13 Developers Win LSS PETRA 5+ Solar Bids
PUTRAJAYA, Sept 10 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) has received Letters of Undertaking from 13 project developers under the LSS PETRA 5+ Programme (Large Scale Solar Energy Transition SuRiA Additional Round Five).
Sunway JV Wins S$623.91 Mln Land Tender At Chuan Grove, Singapore
KUALA LUMPUR, Sept 10 (Bernama) -- Sunway Bhd’s subsidiary Sunway Developments Pte Ltd (SDPL), together with Sing Holdings Residential Pte Ltd (SHRPL), has secured a land parcel in Singapore from the Urban Redevelopment Authority of Singapore (URA) for a residential development valued at S$623.91 million (RM2.05 billion).
Ringgit Seen At 4.08 By End-2025 On Reforms, Stability - Kenanga IB
KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit is projected to strengthen to 4.08 against the US dollar by year end, underpinned by Malaysia’s macroeconomic stability, ongoing reforms and investor rotation out of US assets, Kenanga Investment Bank (IB) Bhd said.
CIMB Group Announces Leadership Transition In Singapore
KUALA LUMPUR, Sept 9 (Bernama) -- CIMB Group Holdings Bhd has announced its group chief executive officer, Novan Amirudin, will oversee as Acting CEO of Growth Markets in CIMB Singapore following the resignation of Victor Lee Meng Teck.
Bina Puri Inks MoU With Hanil Electric, Eyeing US$50 Mln Plant Project In Sarawak
KUALA LUMPUR, Sept 9 (Bernama) -- Bina Puri Holdings Bhd has signed a memorandum of understanding (MoU) with South Korea’s household appliance manufacturer, Hanil Electric Co Ltd, to develop Hanil’s upcoming US$50 million (RM220 million) manufacturing plant in Sarawak.
Econpile Secures RM53.99 Mln Penang LRT Construction Project
KUALA LUMPUR, Sept 8 (Bernama) -- Econpile Holdings Bhd’s (Econpile) wholly owned subsidiary, Econpile (M) Sdn Bhd, has secured a RM53.99 million Penang LRT construction project.