Bursa Malaysia In See-saw Trade In Early Session

KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia see-sawed during the early session, with the main index swinging between gains and losses. 

TH Plantations 3Q Net Profit Rises To RM21.55 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- TH Plantations Bhd’s (THP) net profit for the third quarter (3Q) of 2024 rose to RM21.55 million from RM17.55 million last year.

CPO Futures End Higher, Tracking Firmer Soybean Oil Futures On CBOT

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Tuesday, tracking the stronger soybean oil market on the Chicago Board of Trade (CBOT), a trader said.

EdgePoint Sees Up To 30 Pct Growth In Number Of New Tower Sites In Malaysia

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 26 (Bernama) -- Telecommunications tower infrastructure company EdgePoint Towers Sdn Bhd expects to record growth of between 20 per cent and 30 per cent for new telecommunications tower sites in Malaysia as the company secures new partnerships with mobile network providers, said chief executive officer Muniff Kamaruddin.

Malaysia's Digital Economy To Reach US$31 Bln In 2024 - Report

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia's digital economy is poised to reach US$31 billion (RM138.4 billion) in gross merchandise value (GMV) in 2024, an increase of 16 per cent from 2023. 

Bursa Malaysia Holds Firm Near 1,600 Level, Tracks Wall Street's Upswing

KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia stayed resilient near the psychologically significant 1,600 level, taking cues from Wall Street's record close following the nomination of hedge fund manager Scott Bessent as the new US Treasury Secretary.

Malaysia Boosts Global Semiconductor Ties As Protectionist Measures Loom

KUALA LUMPUR, Nov 25  (Bernama) -- Malaysia is strengthening ties with international markets to avoid a strict bifurcation of the global semiconductor supply chain, particularly as more protectionist measures may be in store following Donald Trump’s victory in the United States (US) presidential election.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains Overnight

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia opened higher today, tracking the better overnight performance on Wall Street bolstered by Nvidia’s strong earnings.

Hap Seng 3Q 2024 Net Profit Soars Nearly Fourfold To RM193.11 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Hap Seng Consolidated Bhd's (HSCB) net profit for the third quarter ended Sept 30, 2024 (3Q 2024) soared nearly fourfold to RM193.11 million, up from RM50.30 million in the same period last year.

MYEG 3Q Net Profit Jumps 62.5 Pct To RM195 Mln On Higher Fees, Investments

KUALA LUMPUR, Nov 20 (Bernama) -- MY E.G. Services Bhd’s (MYEG) net profit soared 62.5 per cent to RM195.05 million in the third quarter (3Q) ended Sept 30, 2024, from RM120 million in the same period last year, driven by higher service fees and investment gains.

Bursa Malaysia Opens Higher Amid Mixed Wall Street Overnight

KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia opened higher today amid Wall Street’s mixed performance overnight as the overall sentiment was affected by the latest developments in the conflict between Russia and Ukraine.

Callabio Manufacturing Expects To Achieve Over RM50 Mln Sales Potential Through INSP At MIHAS@Dubai

By Zarul Effendi Razali

DUBAI, Nov 19 (Bernama) -- Callabio Manufacturing Sdn Bhd, a “coffee syrup” manufacturing company based in Malaysia, expects potential sales of more than RM50 million through the International Sourcing Programme (INSP) taking place at the MIHAS@Dubai 2024 exhibition.