Malaysia Co-Operative Societies Commission Announces 3.6 Pct Dividend For 2024

KUALA LUMPUR, Feb 4 (Bernama) – The Malaysia Co-operative Societies Commission (SKM) today announced 3.60 per cent dividend for the Cooperative Deposit Account (ADK) for the financial year ending Dec 31, 2024.

Bursa Malaysia Higher At Midday On Continued Bargain Hunting

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia remained higher at midday today, supported by continued bargain hunting in most index-linked counters, analysts said.

Collaboration Across Sectors Key To Building Financial Inclusion Ecosystem - Analysts

KUALA LUMPUR, Feb 4 (Bernama) -- Collaboration among government agencies, financial institutions and businesses is essential to create an ecosystem that supports financial inclusion, said analysts.

Bursa Malaysia Opens Higher On Bargain Hunting After US Delays Tariffs

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia opened higher today as bargain hunting emerged amid news on delayed import tariffs hike proposed by the United States (US) on Mexico and Canada on Monday.

KJTS Group Proposes To Acquire Malakoff Utilities For RM65.5 Mln

KUALA LUMPUR, Feb 3 (Bernama) -- KJTS Group Bhd has proposed to acquire Malakoff Utilities Sdn Bhd (MUSB), a subsidiary of Malakoff Corporation Bhd, for RM65.5 million in cash.

Sunway REIT Net Profit Rises To RM524.75 Mln In FY2024, Declares 10 Sen DPU

KUALA LUMPUR, Feb 3 (Bernama) -- Sunway Reit Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), saw its net profit surging to RM524.75 million for the financial year ended Dec 31, 2024 (FY2024) from RM338.19 million a year earlier.

Bursa Malaysia Closes Lower Amid Heightened Risk Aversion

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia finished easier on the first trading day of February as heightened risk aversion gripped the market following the United States (US) President Donald Trump’s administration's announcement of new tariffs.

Bursa Malaysia Ends In Red At Midday, Mirroring Global Market Weakness

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia finished the morning session easier today, mirroring the global market performance following last Friday’s sell-off on Wall Street and the ongoing negative sentiment affecting United States (US) stock futures due to President Donald Trump’s tariff plans.

Outlook On ASEAN Data Centre Demand Remains Positive - Maybank IB

KUALA LUMPUR, Feb 3 (Bernama) -- ASEAN's data centre demand outlook remained positive as the region is still in the early stages of the data centre build cycle, according to Maybank Investment Bank (IB) Bhd.

Solidus Labs' Trade Surveillance Academy To Bridge Knowledge Gap In Financial Compliance 

KUALA LUMPUR, Feb 3 (Bernama) -- Solidus Labs, the category-defining leader in cross-asset trade surveillance and risk monitoring, has launched the first-of-its-kind Trade Surveillance Academy (TSA), a publicly available training programme aimed at addressing the knowledge gap in the emerging field of trade surveillance.

Americhem's R&D Centre In India To Enhance Colour Development, Customer Support

KUALA LUMPUR, Feb 3 (Bernama) -- Americhem Inc has launched a new research and development (R&D) centre in Silvassa, India, located at Olive Industrial Park, to strengthen its service capabilities across India and Southeast Asia.

Local Institutions Support Bursa Malaysia For 15th Week - MIDF

KUALA LUMPUR, Feb 3 (Bernama) -- Local institutions extended their support for Bursa Malaysia for the 15th consecutive week, recording net purchases of RM149.4 million, MIDF Amanah Investment Bank Bhd (MIDF) said.