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Gamuda Proposes Bonus Issue After Record-breaking RM15 Bln Revenue In FY2024

KUALA LUMPUR, Sept 26 (Bernama) -- Gamuda Bhd has proposed a bonus issue to reward its shareholders following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.

Johor Plantations Issues Its First Sukuk Wakalah Of RM1.35 Bln

KUALA LUMPUR, Sept 26 (Bernama) -- Johor Plantations Group Bhd has successfully issued its inaugural Sukuk Wakalah in aggregate of RM1.35 billion in nominal value from its Sukuk Wakalah Programme.

Bursa Malaysia Ends Marginally Lower On Profit-taking, Bucking Regional Trend

By Karina Imran

KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia closed marginally lower on Thursday on profit-taking after previous strong gains, bucking the regional trend, an analyst said. 

Budget 2025: CTIM Calls For Reevaluation Of Individual-based Income Tax Model

KUALA LUMPUR, Sept 26 (Bernama) -- The Chartered Tax Institute of Malaysia (CTIM) has proposed that the government redefine the current classifications of the B40, M40, and T20 income tax models to reflect the evolving economic landscape.

Key Leadership Appointments To Drive billups’ Global Expansion 

KUALA LUMPUR, Sept 26 (Bernama) -- The independent Out-of-Home (OOH) managed services agency, billups, has appointed Claudia Valderrama as Global Chief Operating Officer (COO) and Ben Milne as Chief Executive Officer (CEO) for the Asia Pacific (APAC) region, both reporting to Global CEO, David Krupp.

Northeast Aims To Raise RM84.5 Mln From ACE Market IPO

GEORGE TOWN, Sept 26 (Bernama) — Northeast Group Bhd aims to raise about RM84.5 million from its initial public offering (IPO) ahead of its ACE Market listing on October 15.

UEM Sunrise Achieves 100 Pct Take-up Rate For 3 Projects With RM499 Mln GDV

ISKANDAR PUTERI, Sept 26 (Bernama) -- UEM Sunrise Bhd achieved a take-up rate of 100 per cent during the preview of its developments -- Aspira Hills, DiReka Square, and Aspira LakeHomes -- with a combined gross development value (GDV) of RM499 million.

MIDF Expects Bursa Malaysia's Positive Momentum To Continue In 4Q And Into 2025

KUALA LUMPUR, Sept 26 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Bursa Malaysia’s positive market momentum to continue in the last quarter of 2024 (4Q), driven by foreign inflows, underpinned by a healthy economy and a positive corporate earnings outlook.

Government Urged To Expand Digital Grants For SMEs In Budget 2025

By Anas Abu Hassan

KUALA LUMPUR, Sept 26 (Bernama) -- The government has been urged to expand digital grant incentives for businesses, particularly small and medium-sized enterprises (SMEs), in the upcoming Budget 2025 to accelerate the adoption of emerging technologies, an analyst said.

MITI’s New Circular Economy Policy Framework Promotes Sustainable Manufacturing Growth - Tengku Zafrul

KUALA LUMPUR, Sept 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has launched the Circular Economy Policy Framework with the aim of reformulating fossil-fuel-based industrial models and catalysing green growth practices across the manufacturing value chain.

Covid-19 Undermined Progress In Reducing Poverty, Urban Households Hit Hardest - KRI

KUALA LUMPUR, Sept 26 (Bernama) -- Absolute poverty increased from 2019 to 2022, especially among urban households, rising to 4.5 per cent in 2022 from 3.8 per cent in 2019, according to a Khazanah Research Institute (KRI) report.

Pointstar, MPC Unveil DALIA 2.0 To Boost Productivity Via AI Solutions

KUALA LUMPUR, Sept 26 (Bernama) -- Cloud solution technology provider PointStar and Malaysia Productivity Corporation (MPC) are continuing the successful Digital Acceleration for Learning and Industry Adoption (DALIA) initiative with the unveiling of the DALIA 2.0 programme at the recent Go Digital Summit: Gemini for Google Cloud Day 2024.