RHB IB Maintains 'neutral' Recommendation On The Automotive Sector
KUALA LUMPUR 18 April (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained a 'neutral' recommendation for the automotive and automotive components sector.
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HLIB Bullish On MNH DC Prospects, Lifts Target To RM1.74
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).
China Ready To Share Rare Earth Processing Technology With Malaysia
TAPAH, April 17 (Bernama) -- China is ready to share its rare earth processing technology with Malaysia - a move which will generate greater value compared to exporting raw materials.
Widad Acquires Four Parcels Of Land Worth RM31.3 Mln In Nilai
KUALA LUMPUR, April 17 (Bernama) -- Widad Group Bhd’s wholly-owned subsidiary, Widad Development (Nilai) Sdn Bhd, has signed a conditional sale and purchase agreement with Guper Bonded Warehouse Sdn Bhd to acquire four adjacent parcels of freehold industrial land valued at RM31.30 million.
Pluxee Lifts FY2025 Outlook After Strong First-half Performance
KUALA LUMPUR, April 17 (Bernama) -- Pluxee, a global player in employee benefits and engagement, reported total revenues of 635 million euros for the first half of fiscal year 2025 (H1 FY2025), marking organic growth of 10.8 per cent, in line with its full-year low double-digit growth objective. (1 Euro = RM5.00)
Bursa Malaysia Opens Lower, Tracking Weaker Wall Street, Cautious Sentiment
KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s overnight losses as investor sentiment remained cautious amid lingering economic uncertainties surrounding the US tariff narrative.
Bursa Malaysia Ends Lower On Profit-taking, Trade Tariff Concerns
KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia ended lower today, weighed down by persistent profit-taking amid ongoing concerns over global trade tariffs.
Seveno Capital Commits US$70 Mln To Advance Human Health Span Initiatives
KUALA LUMPUR, April 16 (Bernama) -- Venture capital fund, Seveno Capital has officially launched by making an inaugural investment in its mission to back early- and growth-stage ventures that have the holistic potential to extend the human health span.
Sapura Industrial Unveils New Corporate Identity, Sets Sights On High-value Sectors
KUALA LUMPUR, April 16 (Bernama) -- Sapura Industrial Bhd (SIB) has unveiled a new corporate identity as it sets its sights on high-growth sectors such as pharmaceutical manufacturing, mobility solutions, healthcare, Internet-of-Things technologies and the electric vehicle (EV) ecosystem.
Keyfield Forecasts Stable DCR, Eyes OSV Market Upside Despite Global Challenges – Kenanga IB
KUALA LUMPUR, April 16 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Keyfield International Bhd’s daily charter rate (DCR) in the local offshore support vessel (OSV) market to remain stable or slightly lower year-on-year, supported by tight supply and rising demand despite global macroeconomic challenges.
Profit-taking In Heavyweights At Midday Weighs On Bursa Malaysia
KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia ended the morning trading session lower, dragged down by profit-taking in several heavyweight counters, particularly within the industrial products, banking, and utility sectors.
Bursa Malaysia Slips In Early Trade On Wall Street Cues, Cautious Sentiment
KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia was lower in early trade today, tracking Wall Street’s overnight losses amid cautious sentiment among investors.