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Bursa Malaysia Ends Lower, CI Retreats 0.86 Pct On West Asia Tensions

By Siti Radziah Hamzah

KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia ended lower on Monday, with the benchmark index retreating by 0.86 per cent as concerns over escalating tensions in West Asia intensified.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.67 points to 1,680.83 from Friday’s close of 1,695.50.

Geohan's Unit Secures RM103 Mln New Pantai Highway Extension Subcontracts

KUALA LUMPUR, April 6 (Bernama) -- Geohan Corporation Bhd’s unit Geohan Sdn Bhd has secured two subcontract packages with a combined value of RM103 million for the New Pantai Highway Extension from IJM Construction Sdn Bhd.

IJM Corp, Sunway Slip In Early Trade Ahead Of Takeover Deadline

KUALA LUMPUR, April 6 (Bernama) -- IJM Corporation Bhd and Sunway Bhd fell in early trade today ahead of the deadline for IJM shareholders to accept Sunway’s takeover offer at market close (today).

RHB Keeps 'Buy' On Kerjaya Prospek After Third Deal

KUALA LUMPUR, April 6 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained a ‘buy’ rating on Kerjaya Prospek Group Bhd (KPG) after the group secured its third contract this year.

Incentives Must Benefit Entire Automotive Supply Chain, Says PVA

KUALA LUMPUR, April 5 (Bernama) -- Incentives for investments in the national automotive industry should create a multiplier effect, driving growth across the entire supply chain and supporting vendor development, said the Proton Vendors Association (PVA).

Bursa Malaysia To Remain Cautious Next Week On Ongoing West Asia Conflict

By Karina Imran

KUALA LUMPUR, April 4 (Bernama) -- Trading on Bursa Malaysia is expected to remain cautious and range-bound next week, as the local bourse continues to be confined within the 1,680–1,740 range driven by the West Asia conflict, said an economist. 

Rising Costs Across The Energy Value Chain Limit Petronas’ Profits

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 3 (Bernama) -- The surge in global oil prices following the conflict in West Asia does not necessarily lead to extraordinary profits, as cost increases also occur across the entire energy value chain, said Petroliam Nasional Bhd (Petronas).

Petronas Shortens Planning Horizon To 45 Days Amid Global Supply Risks

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 3 (Bernama) – Petroliam Nasional Bhd (Petronas) has shortened its downstream planning horizon from three months to 45 days to address global energy supply uncertainties.

Bursa Malaysia Ends Slightly Lower Amid Cautious Sentiment On West Asia Conflict

KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst.

AM Best Affirms CMB Wing Lung Insurance Ratings With Stable Outlook

KUALA LUMPUR, April 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s CMB Wing Lung Insurance Company Limited (CMBWLI), with a stable outlook.

Bursa Malaysia Opens Higher Amid West Asia Risks

KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia rose in early trade Friday as investors assessed risks from the ongoing conflict in West Asia.

Malaysian Youths Redefining Work And Enterprise In Digital Age - Economy Minister

KUALA LUMPUR, April 3 (Bernama) -- Malaysian youths are redefining what work and enterprise can look like in the digital age through content creation, livestreaming, affiliate marketing and digital entrepreneurship on TikTok and TikTok Shop.