7m ago
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.
7m ago
KUALA LUMPUR, April 29 (Bernama) -- Pharmaniaga Bhd remains confident of exiting Practice Note 17 (PN17) status, supported by resilient business operations and recovery strategies that have underpinned its steady financial progress.
8m ago
KUALA LUMPUR, April 24 (Bernama) -- RHB Investment Bank Bhd (RHB IB) believes that Inari Amertron Bhd’s shares are oversold despite the uncertainties caused by the US-China trade war being only temporary.
8m ago
KUALA LUMPUR, April 18 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is positive on the outlook for MN Holdings Bhd (MNH), citing its strong exposure to high-growth sectors such as solar and data centres (DC).
8m ago
KUALA LUMPUR, April 16 (Bernama) -- Shareholders of Affin Group approved all ten resolutions tabled at the bank’s 49th Annual General Meeting (AGM) today.
8m ago
KUALA LUMPUR, April 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has announced a dividend distribution of 17 per cent, amounting to RM486.32 million for the financial year ended Dec 31, 2024 (FY2024).
8m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 9 (Bernama) -- Oil and gas services provider Steel Hawk Bhd is expected to record double digit growth for its earnings and revenue in the financial year ending Dec 31, 2025 (FY2025), said executive director Datuk Sharman K. Michael.
8m ago
KUALA LUMPUR, April 8 (Bernama) -- AEON Credit Service (M) Bhd reported a 12.6 per cent drop in net profit to RM370.61 million for the financial year ended Feb 28, 2025 (FY2025) from RM424.01 million in FY2024.
8m ago
KUALA LUMPUR, April 8 (Bernama) -- Pelaburan Hartanah Bhd (PHB) and PHB Asset Management Bhd (PHBAM) have announced an interim income distribution of 2.50 sen per unit for its shariah-compliant unit trust, Amanah Hartanah Bumiputera (AHB), for the six-month period ended March 31, 2025.
8m ago
KUALA LUMPUR, March 27 (Bernama) -- AMMB Holdings Bhd (AmBank Group) is expected to sustain strong earnings growth quarter-on-quarter, driven by robust loan expansion and lower operating expenses following the absence of a bonus provision, Public Investment Bank Bhd (PIVB) said.
8m ago
KUALA LUMPUR, March 27 (Bernama) -- The Armed Forces Fund Board (LTAT) has announced a 5.25 per cent total payout for 2024, comprising a five per cent dividend and a 0.25 per cent bonus, its highest in seven years.
9m ago
KUALA LUMPUR, March 25 (Bernama) -- Velesto Energy Bhd has proposed a capital reduction of RM1.2 billion, which will be credited to the retained earnings or to set off against any accumulated losses of the company.