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Bursa Malaysia Shines In 2024, CI To Touch 1,800 Next Year, With 50 New Listings

By Harizah Hanim Mohamed and Danni Haizal Danial Donald

KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia's equity market delivered a commendable performance in 2024, earning a solid grade close to an “A”, with several key milestones achieved throughout the year, laying the foundation for the main index to reach 1,800 next year, with 50 new listings anticipated.

Southern Gateway Economic Corridor To Coordinate High-impact Projects

MELAKA, Dec 31 (Bernama) -- The Southern Gateway Economic Corridor is the best medium for coordinating high-impact development projects that can generate sustainable economic growth.

Petronas Conducts Review On Productivity To Streamline Operations, Eliminate Inefficiency

KUALA LUMPUR, Dec 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) is conducting a comprehensive review of its productivity to streamline its working methods, eliminate inefficiencies, and focus on undertakings that can deliver measurable value.

SC Reprimands Bybit For Operating Illegal Digital Asset Exchange

KUALA LUMPUR, Dec 27 (Bernama) -- The Securities Commission Malaysia (SC) has reprimanded Bybit Technology Ltd and its chief executive officer (CEO) Ben Zhou for operating a digital asset exchange (DAX) in Malaysia without registration.

Bursa Malaysia Updates Sustainability Reporting To Align With NSRF

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia Securities Bhd has updated its sustainability reporting requirements in the Main Market and ACE Market listing requirements to align with the National Sustainability Reporting Framework (NSRF).

GDA Stands Firm On RM11 Offer For MAHB Despite Directors' Rejection

KUALA LUMPUR, Dec 21 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA), the consortium proposing to privatise Malaysia Airports Holdings Bhd (MAHB), remains steadfast on its RM11 per share offer price, despite recommendations from independent directors to reject it.

Bursa Malaysia Achieves 55 IPOs, Highest In 19 Years

KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia Bhd has made a significant achievement in 2024 with 55 initial public offerings (IPOs) listed on the exchange, the highest number of listings recorded in the last 19 years.

Lazada's AI-powered 12.12 Sale Generates US$483 Mln In Consumer Savings

KUALA LUMPUR, Dec 19 (Bernama) -- Lazada's artificial intelligence (AI)-powered 12.12 All Out Sale has generated US$483 million in consumer savings across Southeast Asia.

ES Sunlogy Signs Underwriting Agreement With M&A Securities For IPO Exercise

KUALA LUMPUR, Dec 19 (Bernama) -- Mechanical and electrical (M&E) engineering services solutions, ES Sunlogy Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd for the company’s upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Winstar Capital Sees Sales Growth In 2025 By Leveraging China's Tax Policy Shift

KUALA LUMPUR, Dec 19 (Bernama) -- Aluminium products manufacturer Winstar Capital Bhd sees sales growth in 2025 by leveraging China’s recent tax policy shift. 

MOF: Low Instances Of Using Cryptocurrency In Money Laundering

KUALA LUMPUR, Dec 18 (Bernama) -- The Ministry of Finance (MoF) has found that instances of using cryptocurrency as a medium for money laundering in Malaysia are low.

ACE Market-bound Northern Solar Aims To Raise RM42.4 Mln From IPO

KUALA LUMPUR, Dec 18 (Bernama) -- Solar renewable energy specialist Northern Solar Holdings Bhd aims to raise RM42.4 million through its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia.