HLIB Recommends MAHB Shareholders To Accept Joint Offerors' Offer On MAHB Acquisition

KUALA LUMPUR, Dec 20 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has recommended Malaysia Airports Holdings Bhd’s (MAHB) shareholders to accept the offer made by the joint offerors to acquire the remaining ordinary shares in MAHB not already owned by them at a cash offer price of RM11 per offer share.

Top Glove Returns To The Black, Posting A Net Profit Of RM5.47 Mln In 1Q FY2025

KUALA LUMPUR, Dec 20 (Bernama) -- Top Glove Corporation Bhd has returned to the black, posting a net profit of RM5.47 million in the first quarter ended Nov 30, 2024 (1Q FY2025), rebounding from a RM57.71 million net loss in 1Q FY2024.

Bursa Malaysia Ends Morning Session Flat

KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia ended the morning session almost flat, in tandem with its regional peers amid Wall Street’s mixed overnight performance. 

Bursa Malaysia Opens Higher Amid Mixed Wall Street Performance

By Rosemarie Khoo

KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia opened higher today amid a mixed performance on Wall Street overnight, said an analyst. 

FBM KLCI Futures Mixed In Early Trade

KUALA LUMPUR, Dec 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives were mixed in early trading. 

CPO Futures Close Mostly Lower In Sync With Weaker Soybean Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 19 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended mostly lower on Thursday in line with the weaker soybean oil performance on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.

MRCB Issues Termination Notice For Teaming Agreement With Berjaya Regarding KL-SG HSR Project

KUALA LUMPUR, Dec 19 (Bernama) -- The Malaysian Resources Corporation Bhd (MRCB) has announced that it has issued a notice of termination to Berjaya Rail Sdn Bhd, ending their teaming agreement. 

Gold Futures Close Lower, Reflecting US COMEX Trend

KUALA LUMPUR, Dec 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, tracking the subdued performance of US COMEX gold futures.

Uzma Secures RM44.15 Million Contract From Samaiden

KUALA LUMPUR, Dec 19 (Bernama) -- Uzma Bhd’s direct wholly-owned subsidiary, Uzma Environergy Sdn Bhd (UENV), has been awarded a contract worth RM44.15 million from Samaiden Sdn Bhd.

Lotus Circular To Acquires Earthwise, Expert For RM100 Mln

KUALA LUMPUR, Dec 19 (Bernama) -- Lotus Circular Bhd (LCB) has proposed to acquire the entire equity interest in Earthwise Resources Sdn Bhd and the entire equity interest in Expert Resource Management Sdn Bhd for a total purchase consideration of RM100 million. 

FBM KLCI Futures Close Lower

KUALA LUMPUR, Dec 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower today.

Bursa Malaysia Ends Slightly Higher Despite Weak Market Breadth

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysian equities ended the day mostly lower following a heavy sell-off on Wall Street overnight particularly in technology stocks, said an analyst.