Ringgit Ends Higher Against Greenback On Concerns Over US Fiscal Health

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- The ringgit ended higher on Wednesday as concerns over the fiscal health of the United States continued to weigh on the greenback.

Affin-AMMB Merger Will Be Dilutive Due To Significant New Shares Issuance - CIMB Securities

KUALA LUMPUR, May 21 (Bernama) -- CIMB Securities Sdn Bhd expects the potential merger between Affin Bank Bhd and AMMB Holdings Bhd to entail significant issuance of new shares, which will likely be quite dilutive.

Bursa Malaysia Opens Mixed

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia opened mixed on Wednesday, amid a weaker Wall Street performance overnight. 

AEM Partners Intel Foundry To Advance SLT, Burn-In Capabilities

KUALA LUMPUR, May 20 (Bernama) -- AEM Holdings Ltd announced it is working with Intel Foundry to expand access to their established System-Level Test (SLT) and Burn-In capabilities, tailored for advanced computing devices, to Intel Foundry’s customer base.

MACC Raids PeterLabs Offices Amid Misconduct Probe Involving Executive Director

KUALA LUMPUR, May 19 (Bernama) -- The Malaysian Anti-Corruption Commission (MACC) today raided the offices of PeterLabs Holdings Bhd and its subsidiary, Thye On Tong Trading Sdn Bhd (TOT), over allegations of misconduct involving an executive director.

eXp Realty Enters Ecuador Market With Industry Leader At Helm

KUALA LUMPUR, May 19 (Bernama) -- eXp Realty, the world’s largest independent real estate brokerage and a core subsidiary of eXp World Holdings Inc has launched its operations in Ecuador, furthering the company’s rapid expansion across Latin America.

Nippon Express Holdings Expands In Bangladesh With CCBL Investment

KUALA LUMPUR, May 19 (Bernama) -- Nippon Express Holdings Inc has acquired a 20 per cent stake in Cold Chain Bangladesh Limited (CCBL), a domestic logistics company based in Dhaka, through its subsidiary Nippon Express (South Asia & Oceania) Pte Ltd.

MCE, Nanjing Chuhang Technology Sign JV To Produce Driver Assistance Radar

KUALA LUMPUR, May 19 (Bernama) -- MCE Holdings Bhd has signed a joint venture (JV) with Nanjing Chuhang Technology Co Ltd (NCT) to produce driver assistance radar.

Main Market-bound Paradigm REIT Aims To Raise RM560 Mln From IPO

PETALING JAYA, May 16 (Bernama) -- Main Market-bound Paradigm Real Estate Investment Trust (Paradigm REIT) aims to raise RM560 million from its initial public offering (IPO).

SBC Medical Q1 Profit Rises 15 Pct Despite Revenue Dip

KUALA LUMPUR, May 16 (Bernama) -- SBC Medical Group Holdings Incorporated, a global provider of management services to cosmetic treatment centres, recorded a net profit of US$22 million for the first quarter (Q1) ended March 31, marking a 15 per cent increase year-on-year (y-o-y). (US$1=RM4.27)

Analysts Maintain ‘buy’ On 99 Speed Mart After Solid 1Q Results

KUALA LUMPUR, May 16 (Bernama) -- Analysts maintained a positive outlook on 99 Speed Mart Retail Holdings Bhd (99 Speed Mart) following its first quarter (1Q) results for the financial year ended March 31, 2025 (FY2025).

Research Houses Positive On Dialog's Long-term Ventures Despite Lower 3Q Profit

KUALA LUMPUR, May 16 (Bernama) -- Research houses are positive on Dialog Group Bhd’s long-term ventures in the upstream and midstream segments despite its lower net profit for the third quarter ended March 31, 2025 (3Q FY2025).