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Capital A To Issue Internal Targets Alongside Quarterly Results

KUALA LUMPUR, Feb 24 (Bernama) -- Capital A Bhd will issue internal targets along with its quarterly financial results in order to give shareholders and the investment community a clearer understanding of the company’s financial outlook.

Bursa Malaysia Lower At Midday Amid Mixed Regional Performance

KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed down by persistent selling amid mixed performance from regional peers, tracking the selloff in Wall Street. 

AM Best Affirms Himalayan Reinsurance Credit Ratings With Stable Outlook

KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a stable outlook.

Analysts Upbeat On MISC Cite Strong Cash Flow

KUALA LUMPUR, Feb 24 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on MISC Bhd, citing its steady operating cash flow and solid balance sheet, which position it well to pursue growth opportunities in the floating production storage and offloading (FPSO) market.

Petronas Chemicals Drops 8.69 Pct On Lower FY2024 Profit

KUALA LUMPUR, Feb 24 (Bernama) -- Petronas Chemicals Group Bhd (PCG) shares fell in early trade on Bursa Malaysia after reporting a lower net profit for the financial year ended Dec 31, 2024 (FY2024).

FBM KLCI Expected To Remain Range-bound Between 1,570 And 1,600 Next Week

KUALA LUMPUR, Feb 22 (Bernama) -- Bursa Malaysia’s main index is expected to trade within a range of 1,570-1,600 next week, due to a lack of fresh catalysts, an analyst said.

MISC’s Net Profit Slips To RM1.19 Bln In FY2024 From RM2.12 Bln In FY2023

KUALA LUMPUR, Feb 21 (Bernama) -- MISC Bhd’s net profit for the financial year ended Dec 31, 2024 (FY2024) declined to RM1.19 billion from RM2.12 billion registered in 2023.

Bargain-hunting Lifts Bursa Malaysia Higher At Midday

KUALA LUMPUR, Feb 21 (Bernama) -- Bargain hunting in index-linked stocks lifted the key index higher at midday today, with industrial products and services stocks leading the gains, mirroring the positive trend across most Asian markets.

LBS Bina Shares Lower In Early Trade Despite Higher FY2024 Net Profit

KUALA LUMPUR, Feb 21 (Bernama) -- LBS Bina Group Bhd’s shares on Bursa Malaysia were lower in the early session, despite recording a higher net profit for the financial year ended Dec 31, 2024 (FY2024).

Bursa Malaysia Rises As Bargain Hunters Step In

KUALA LUMPUR, Feb 21 (Bernama) -- Bursa Malaysia edged higher in early trading, snapping a two-day losing streak as bargain hunters stepped in despite a weak overnight session on Wall Street.

Govt Forecasts Moderate Inflation Increase Of 2.0-3.5 Pct In 2025 -- MOF

KUALA LUMPUR, Feb 20 (Bernama) -- The government projected the inflation rate in 2025 to increase moderately between two per cent and 3.5 per cent, said the Ministry of Finance (MOF).

ES Sunlogy Aims To Grow Solar Energy Portfolio Via Participation In RE Initiatives

KUALA LUMPUR, Feb 20 (Bernama) -- ES Sunlogy Bhd aims to expand its portfolio in the solar energy sector via participation in renewable energy (RE) initiatives such as the large-scale solar 5 programme (LSS5), LSS5+ and the corporate green power programme.