Rimbunan Sawit To Sell 1,504 Ha In Miri To Trinity Capital For RM28 Mln

KUALA LUMPUR, Jan 13 (Bernama) -- Rimbunan Sawit Bhd's (RSB) is selling 1,504 hectares in Batang Baram, Miri for RM28 million.

Bursa Malaysia Ends At Intraday High On Strong Foreign Buying

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia’s benchmark index closed at an intraday high of 1,708.20, its highest level in more than six years, supported by broadly positive regional sentiment following gains on Wall Street and sustained foreign buying interest.

Gold Prices To Remain Firm Amid Geopolitical Tensions, Says Malaysia Gold Association

KUALA LUMPUR, Jan 13 (Bernama) -- Gold prices are expected to continue their uptrend this year due to ongoing geopolitical tensions and global uncertainties, Malaysia Gold Association chairman of the Shariah Advisory Board Datuk Prof Dr Mohamad Akram Laldin said today.

Sunway, IJM Shares Rise On Positive Sentiment Over Merger Proposal

KUALA LUMPUR, Jan 13 (Bernama) -- Sunway Bhd and IJM Corporation Bhd were among the most active counters, trading higher at mid-afternoon, following the positive sentiment on a potential merger between the two companies.

Required Low-Carbon Investment For OIC Averages 1.4 Pct Of GDP -- BNM Deputy Governor

KUALA LUMPUR, Jan 13 (Bernama) -- The investment required for the Organisation of Islamic Cooperation (OIC) countries to pursue low-carbon strategies averages 1.4 per cent of gross domestic product (GDP) and rises to over 5.0 per cent for low-income members, Bank Negara Malaysia (BNM) Deputy Governor Adnan Zaylani Mohamad Zahid said today.

Malaysia's Property Sector To Shift To Fundamental-Driven Growth - Knight Frank

KUALA LUMPUR, Jan 13 (Bernama) -- Headline activity in Malaysia's property market no longer provides a complete picture of underlying market dynamics, as outcomes are now driven by infrastructure readiness, capital discipline and alignment with long-term demand fundamentals.

Affin Hwang IB, CBOE In Partnership To Introduce VIX® Futures In Malaysia

KUALA LUMPUR, Jan 12 (Bernama) — Affin Hwang Investment Bank Bhd has partnered with Cboe Global Markets Inc to introduce VIX® Futures to local investors.

Semico Capital Achieves 80 Pct Premium Over IPO Price, Raises RM23.2 Mln

KUALA LUMPUR, Jan 13 (Bernama) --  Semico Capital Bhd made a strong debut on the ACE Market of Bursa Malaysia today as it opened at 45 sen, achieving a premium of 80 per cent over its initial public offering (IPO) price of 25 sen per share.

Malaysian Healthcare Sector To Extend Beyond Hospitals In 2026 -- HLIB

KUALA LUMPUR, Jan 13 (Bernama) -- The Malaysian healthcare sector is poised to extend beyond hospitals in 2026 following several mega healthcare listings expected this year, according to Hong Leong Investment Bank (HLIB).

Fertiliser Investment Key To Manage Climate Impacts On Palm Oil -- MPOB

KUALA LUMPUR, Jan 12 (Bernama) -- Fertiliser investment is crucial to ensuring Malaysia’s palm oil sector is protected from lower yields due to climate headwinds.

Ringgit Ends Firmer As Concerns Over Fed Independence Weigh On US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 12 (Bernama) -- The ringgit closed firmer against the greenback on Monday as concerns over the US Federal Reserve’s (Fed) independence weighed on the American dollar.

Sunway Proposes Conditional Takeover Offer To Acquire IJM Corp At RM3.15 Per Share

KUALA LUMPUR, Jan 12 (Bernama) -- Sunway Bhd has proposed a conditional voluntary takeover offer to acquire the entire 3.51 billion shares in IJM Corp Bhd at an offer price of RM3.15 per share.