Gold Futures Close Higher, Tracking Comex Gains
KUALA LUMPUR, Sept 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains in the US COMEX gold market.
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Takaful Malaysia Expands Beyond Motor, Credit Products Into Life Protection
KUALA LUMPUR, Sept 12 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) is broadening its portfolio beyond its core strengths in credit-related products and motor takaful by introducing individual life protection offerings.
Rakuten Trade Lifts 2025 FBM KLCI Target To 1,650
KUALA LUMPUR, Sept 12 (Bernama) -- Rakuten Trade Sdn Bhd has raised its FTSE Bursa Malaysia KLCI (FBM KLCI) target to 1,650 from 1,630 for 2025, buoyed by renewed foreign fund inflows into Asia.
Kenanga, RHB Stay Neutral On Plantations As CPO Outlook Moderates
KUALA LUMPUR, Sept 11 (Bernama) -- Kenanga Investment Bank Bhd has maintained a 'neutral' call on the plantation sector, saying earnings are expected to stay robust into calendar year 2026 (CY26) but lacking strong upside catalysts.
US Pizza Targets 200 Outlets By End-2026
SHAH ALAM, Sept 9 (Bernama) -- Malaysia’s largest home-grown halal pizza chain, US Pizza, aims to expand to 200 outlets by the end of 2026 following positive business growth in recent years.
BNM Expected To Hold OPR At 2.75 Pct Through Remainder Of 2025, Say Analysts
KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 2.75 per cent through the remainder of 2025, assuming that Malaysia's economic growth stays within the official 4.0-4.8 per cent range and inflation remains contained, said an investment bank.
Axis-REIT Acquires Industrial Property In Port Klang For RM50 Mln
KUALA LUMPUR, Sept 4 (Bernama) -- Axis Real Estate Investment Trust's (Axis-REIT) trustee, RHB Trustees Bhd, has entered into a sale and purchase agreement to acquire an industrial property from Barry Callebaut Malaysia Sdn Bhd for RM50 million.
IOI Properties Completes RM1 Bln Sukuk Murabahah Issuance
KUALA LUMPUR, Sept 4 (Bernama) -- IOI Properties Group Bhd’s (IOIPG) wholly-owned subsidiary Fortune Premiere Sdn Bhd has completed its seventh issuance of sukuk murabahah amounting to RM1 billion in nominal value under its existing multi-currency Islamic medium term note programme of up to RM3 billion.
Malaysia’s Construction Sector Opportunities Remain Abundant -- RHB IB
KUALA LUMPUR, Sept 4 (Bernama) -- Opportunities in Malaysia’s construction sector remain abundant, driven by surging demand for data centres (DCs) alongside the rollout of non-DC projects, said RHB Investment Bank Bhd (RHB IB).
RHB Bank Share Price Down Despite Higher 2Q Earnings
KUALA LUMPUR, Aug 29 (Bernama) -- RHB Bank Bhd’s shares slipped in early trade today despite the group reporting stronger earnings for the second quarter ended June 30, 2025 (2Q 2025).
RHB Bank Posts Higher Net Profit Of RM803.50 Mln In 2Q 2025
KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM803.50 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.2 per cent from RM722.31 million in the same quarter a year ago.
Gamuda Shares Up On SD Guthrie Collaboration, Contribution To Trickle In From 2028/29
KUALA LUMPUR, Aug 20 (Bernama) -- Gamuda Bhd shares went up in today’s early trading session after the group announced its collaboration with SD Guthrie Bhd to develop, own and operate solar power assets, including energy storage systems, with a combined target capacity of 1.2 gigawatts (GWs).