Fibromat Makes Lacklustre Debut On ACE Market
KUALA LUMPUR, May 8 (Bernama) -- Fibromat (M) Bhd made a lacklustre debut on Bursa Malaysia’s ACE Market today, following its transfer from the LEAP Market.
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Pharmaniaga Records Higher Net Profit In 1Q
KUALA LUMPUR, May 7 (Bernama) -- Pharmaniaga Bhd recorded a net profit of RM29.58 million in the first quarter ended March 31, 2025 (1Q), up from RM25.65 million in the same period last year.
Members Of Parliament Outline Proposals To Strengthen Economy
KUALA LUMPUR, May 5 (Bernama) -- Members of parliament (MPs) today outlined several proposals to strengthen the country's economy in the face of retaliatory tariffs from the United States (US) and global economic uncertainty.
Ace Market Debutant West River Aims Production Boost By Next Three Years
KUALA LUMPUR, May 5 (Bernama) -- West River Bhd, a provider of mechanical and electrical (M&E) engineering services, plans to boost its production capacity with a new facility expected to be completed within three years as part of its post-initial public offering (IPO) expansion strategy.
CIMB Bank To Purchase 16 Properties From EPF For RM210 Mln
KUALA LUMPUR, May 2 (Bernama) -- CIMB Group Holdings Bhd’s wholly-owned subsidiary CIMB Bank Bhd will purchase 16 properties from the Employees Provident Fund (EPF) for a total cash consideration of RM209.81 million.
Malaysia’s Manufacturing PMI Slips To 48.6 In April Amid Weak Demand - S&P
KUALA LUMPUR, May 2 (Bernama) -- Malaysia’s Manufacturing Purchasing Managers’ Index (PMI) eased to 48.6 in April from 48.8 in March, as manufacturers cut back on purchases and drew down stocks of raw materials and finished goods amid a lack of new orders, according to S&P Global Market Intelligence.
WTK Holdings Disposes Logging Unit For RM23.5 Mln
KUALA LUMPUR, April 30 (Bernama) -- WTK Holdings Bhd today entered into a sale and purchase share agreement with Huang Qian Wen to sell its 100 per cent stake in Song Logging Company Sdn Bhd (SLCSB) for RM23.5 million.
Sarawak's Hartanah Kenyalang Launches IPO Prospectus, Aims To Raise RM19.3 Mln
KUCHING, April 30 (Bernama) -- Hartanah Kenyalang Bhd has launched its prospectus en route to its initial public offering (IPO) on Bursa Malaysia’s ACE Market to raise RM19.3 million based on its IPO price of RM0.16 apiece.
MSNR Trace System Mandatory For Processing Factories, Rubber Traders Effective May 5 - MRB
KUALA LUMPUR, April 30 (Bernama) -- License holders in the processing factory and rubber trader categories are required to use the Malaysian Sustainable Natural Rubber (MSNR) Trace system to report transactions involving natural rubber, effective May 5, said the Malaysian Rubber Board (MRB).
Malaysia's Inflation Rises At Slower Rate Of 1.8 Pct In 2024 - DOSM
KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s inflation increased at a slower rate of 1.8 per cent in 2024 versus 2.5 per cent in 2023, with the index points standing at 132.8 in 2024 against 130.4 recorded in the previous year, said the Department of Statistics Malaysia (DOSM).
Widad's Unit To Dispose Property For RM41.50 Mln
KUALA LUMPUR, April 28 (Bernama) -- Widad Group Bhd’s wholly-owned subsidiary, Widad Builders Sdn Bhd has inked a sale and purchase agreement (SPA) with Richfield Builder (M) Sdn Bhd (RBSB) for the disposal of a property for a total consideration of RM41.50 million.
3Degrees Welcomes Philippe Vedrenne As CEO Starting May
KUALA LUMPUR, April 23 (Bernama) -- Global climate solutions provider, 3Degrees has announced the appointment of Philippe Vedrenne as its new Chief Executive Officer (CEO), effective May 1.