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KUALA LUMPUR, Feb 27 (Bernama) -- KNM Group Bhd, through wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS), has entered into a conditional sale, purchase and transfer agreement with Japan-based NGK Insulators Ltd for the proposed disposal of its entire equity interest in Deutsche KNM GmbH (DKNM) for 270 million euros (about RM1.24 billion).
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KUALA LUMPUR, Feb 27 (Bernama) -- Analysts have revised their earnings forecast for Sunway Bhd for the financial year 2025-2026 (FY2025-FY2026) upward, maintaining their ‘buy’ and ‘underperform’ calls on the company.
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KUALA LUMPUR, Feb 26 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Petroliam Nasional Bhd (Petronas) to maintain its capital expenditure (capex) at RM50 billion or higher in the financial year 2025 (FY2025).
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KUALA LUMPUR, Feb 25 (Bernama) -- iHerb, one of the world's leading online retailers for health and wellness products, celebrated a groundbreaking 2024, with net sales surpassing US$2.4 billion, marking a historic peak for the company. (US$1=RM4.40)
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KUALA LUMPUR, Feb 25 (Bernama) -- The privatisation and delisting of Malaysia Airports Holdings Bhd (MAHB) represents a crucial turning point for the country’s aviation industry, offering a chance to improve operational efficiency and service quality across its airports, analysts opined.
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KUALA LUMPUR, Feb 25 (Bernama) -- Sime Darby Bhd is set to capitalise on its strong industrial segment in 2025, driven by a robust order book and the full consolidation of UMW Holdings Bhd, analysts said.
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PUTRAJAYA, Feb 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is taking proactive steps to strengthen investors' confidence, including reviewing the Industrial Coordination Act (ICA) 1975.
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KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit extended its gains to close stronger against the US dollar on Monday, supported by easing US-China trade tension and weaker US economic data that initially pressured the dollar.
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KUALA LUMPUR, Feb 24 (Bernama) -- Capital A Bhd will issue internal targets along with its quarterly financial results in order to give shareholders and the investment community a clearer understanding of the company’s financial outlook.
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KUALA LUMPUR, Feb 24 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on MISC Bhd, citing its steady operating cash flow and solid balance sheet, which position it well to pursue growth opportunities in the floating production storage and offloading (FPSO) market.
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KUALA LUMPUR, Feb 23 (Bernama) -- The head of a key intergovernmental platform in the Asia-Pacific has urged Southeast Asian economies to strengthen regional cooperation and boost investment to cushion against the fallout from US President Donald Trump’s move to impose steep tariffs on imports from China, Canada and Mexico.
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KUALA LUMPUR, Feb 20 (Bernama) -- Sunway Construction Group Bhd (SunCon) recorded a higher net profit of RM186.91 million for the financial year ended Dec 31, 2024 (FY2024), up from RM145.11 million a year ago.