1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Globetronics Technology Bhd shares on Bursa Malaysia surged in the early session after the company entered into a strategic partnership with Taiwan-based ChipMOS Technologies Inc for integrated circuit services.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- DRB-Hicom Bhd posted a pre-tax profit of RM282.56 million for the first nine months ended Sept 30, 2024 (9M FY2024) supported by stable revenue of RM12.23 billion, reflecting a marginal increase of 1.2 per cent compared to the same corresponding period last year.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Hap Seng Consolidated Bhd's (HSCB) net profit for the third quarter ended Sept 30, 2024 (3Q 2024) soared nearly fourfold to RM193.11 million, up from RM50.30 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Three reputable construction players, namely MMC-Gamuda KVMRT Sdn Bhd, IJM Construction Sdn Bhd and Sunway Construction Group Bhd, have won the Best Project awards at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024 recently.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- MY E.G. Services Bhd’s (MYEG) net profit soared 62.5 per cent to RM195.05 million in the third quarter (3Q) ended Sept 30, 2024, from RM120 million in the same period last year, driven by higher service fees and investment gains.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- CIMB Securities Sdn Bhd has maintained its “buy” call for Dialog Group Bhd, with an unchanged target price of RM3, forecasting the group’s performance for financial year 2025 to remain stable, driven by sustained contributions from the upstream and midstream segments.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) – Lim Seong Hai (LSH) Capital Bhd chairman Tan Sri Lim Keng Cheng was conferred the Prominent Player Award at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024, recognising his transformative contributions and visionary leadership in the construction industry.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- The Finance Bill 2024 tabled in the Dewan Rakyat today aims to amend the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Petroleum (Income Tax) Act 1967, Finance Act 2012, and the Finance Act 2023.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia rebounded from last week’s decline to close higher today, buoyed by bargain hunting after two consecutive days of sell-off, despite the weakness on Wall Street and most regional peers, an analyst said.
1y ago
RIO DI JANEIRO (Brazil), Nov 18 (Bernama) -- Global energy and infrastructure technology company, Yinson Holdings Bhd has credited the unwavering support from the Brazilian and Malaysian governments, saying that it has been instrumental to its success.
1y ago
LABUAN, Nov 16 (Bernama) -- The issue of extending three per cent tax benefits to all business sectors in Labuan does not arise, as various incentives are already in place under existing tax laws, said Deputy Finance Minister Lim Hui Ying.