WTK Holdings Disposes Logging Unit For RM23.5 Mln

KUALA LUMPUR, April 30 (Bernama) -- WTK Holdings Bhd today entered into a sale and purchase share agreement with Huang Qian Wen to sell its 100 per cent stake in Song Logging Company Sdn Bhd (SLCSB) for RM23.5 million.

Sarawak's Hartanah Kenyalang Launches IPO Prospectus, Aims To Raise RM19.3 Mln

KUCHING, April 30 (Bernama) -- Hartanah Kenyalang Bhd has launched its prospectus en route to its initial public offering (IPO) on Bursa Malaysia’s ACE Market to raise RM19.3 million based on its IPO price of RM0.16 apiece.

Bursa Malaysia Roars Back, CI Jumps 1.63 Pct On Bargain Hunting, Foreign Funds

By Zufazlin Baharuddin

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia bounced back from yesterday’s losses to close on a firmer footing today, with the key index gaining 1.63 per cent, buoyed by bargain hunting, renewed foreign fund inflows, and signs of easing trade-related anxieties.

TM's SEA-ME-WE6, Data Centre Expansion To Positively Contribute Long-term Growth -- RHB Investment Bank

KUALA LUMPUR, April 30 (Bernama) -- RHB Investment Bank Bhd (IB) expects the commissioning of Telekom Malaysia Bhd’s (TM) Southeast Asia - Middle East - Western Europe 6 (SEA-ME-WE6) undersea cable by mid-2026 and its data centre (DC) expansion will positively contribute to its long-term growth.

Fruitful Outcomes For Fuzhou In China-Indonesia "Two Countries, Twin Parks" Initiative

KUALA LUMPUR, April 29 (Bernama) -- China has received its first batch of imported fresh coconuts from Indonesia, with 200 kilogrammes of the tropical fruit arriving recently at Fuzhou Airport.

Analysts Positive On F&N's Outlook Despite Lower 2Q FY2025 Net Profit

KUALA LUMPUR, April 29 (Bernama) -- Analysts remained positive on Fraser & Neave Holdings Bhd’s  (F&N) outlook despite the company reporting a lower net profit for the second quarter ended March 31, 2025 (2Q FY2025).

Nestlé’s 1Q 2025 Net Profit Falls To RM161.34 Mln, Revenue Slips To RM1.77 Bln

KUALA LUMPUR, April 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit fell to RM161.34 million in the first quarter of 2025 ended March 31, 2025 (1Q 2025), from RM195.51 million a year earlier, while revenue also declined to RM1.77 billion in from RM1.78 billion previously.

Malaysia-Maldives Strengthen Economic Ties, Eye Investment Opportunities

PUTRAJAYA, April 28 (Bernama) -- The Maldives is eager to tap into Malaysia's investment potential, particularly in key growth sectors, according to Maldives President Dr Mohamed Muizzu, who arrived in Malaysia today for a four-day official visit.

Ringgit Set To Hover Between RM4.37 And RM4.38 Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 26 (Bernama) -- The ringgit is expected to hover within a tight range of RM4.37 to RM4.38 next week, as markets focus on a series of key US data releases, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

ACE Market-bound Oasis Home Aims To Raise RM28 Mln From IPO

KUALA LUMPUR, April 25 (Bernama) -- ACE Market-bound Oasis Home Holding Bhd, an omni-channel consumer lifestyle products marketer and seller, aims to raise RM28 million from its initial public offering (IPO) ahead of its scheduled listing on May 28, 2025.

Ringgit Opens Marginally Higher As US Dollar Weakens On Fed Rate Cut Hopes

KUALA LUMPUR, April 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Friday, as the greenback reacted to growing prospects of a lower US Federal Reserve interest rate.

RHB: US Tariffs Prompt Manufacturing Shift, Rushed Orders In Malaysia's Tech Sector

KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s technology (tech) sector should benefit from a surge in rushed orders and the intensified reallocation of manufacturing activities to ASEAN following the United States (US) tariff imposition, said RHB Investment Bank Bhd.