Bursa Malaysia Opens Lower On Continued Profit-taking
KUALA LUMPUR, Feb 18 (Bernama) -- Bursa Malaysia started the day weaker as some investors continued to take profit, reflecting the cautious sentiment in most regional markets.
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Grab Delivered RM9.9 Bln To Malaysia’s GDP In 2023 -- EconWorks
KUALA LUMPUR, Feb 17 (Bernama) -- Grab’s on-demand services, including ride-hailing and delivery, contributed RM9.9 billion to the Malaysian economy in 2023, according to a new report by local economics consultancy firm EconWorks.
Bursa Malaysia's Key Index Ends Lower On Selling By Foreign Funds
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia’s main index finished lower today as selling by foreign funds persisted, amid the better performance in most regional markets.
Bursa Malaysia Lower At Midday, Selected Selling In Financial And Utility Heavyweights
KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia was weighed down by continuous selling in selected heavyweights at midday, led by the financial services and utilities sectors.
Bursa Malaysia To Remain In Consolidation Mode Next Week On US Trade Uncertainty
KUALA LUMPUR, Feb 15 (Bernama) -- Bursa Malaysia is expected to remain in a consolidation phase next week until greater clarity on the US trade policy emerges.
Perak Corp Signs Supplemental Agreement To Amend JDA With Urbax
KUALA LUMPUR, Feb 14 (Bernama) -- Perak Corporation Bhd (Perak Corp) has signed a Supplemental Agreement with Urbax Properties Sdn Bhd to amend the terms of their Joint Development Agreement (JDA) dated June 7, 2024.
LPI Capital Records Better Earnings, Revenue In FY2024
KUALA LUMPUR, Feb 14 (Bernama) -- LPI Capital Bhd’s net profit rose to RM377.09 million in the financial year ended Dec 31, 2024 (FY2024), up from RM313.73 million a year earlier, primarily due to higher profit from the general insurance segment.
Dialog's Intraday Short Selling Suspended After 15 Pct Share Price Drop
KUALA LUMPUR, Feb 14 (Bernama) -- The intraday short selling (IDSS) of Dialog Group Bhd was suspended Friday after its quarterly loss dragged shares down to over 15 per cent.
Dialog Halts Malic Acid Project In Pahang, Writes Off RM90.7 Mln in 2Q FY2025
KUALA LUMPUR, Feb 13 (Bernama) -- Dialog Group Bhd’s wholly owned subsidiary Dialog Malic Acid Sdn Bhd has discontinued its malic acid project in Gebeng, Pahang, with total capital expenditure incurred to date of RM90.7 million been written off in the second quarter ended Dec 31, 2024 (2Q FY2025).
MMAG Holdings Expands Into Financial, Aviation Services
KUALA LUMPUR, Feb 13 (Bernama) -- MMAG Holdings Bhd has proposed diversifying into financial services, including moneylending and hire purchase financing, alongside its existing businesses.
Capital A, AAX Stocks Up After Positive 4Q Operating Stats
KUALA LUMPUR, Feb 13 (Bernama) -- Capital A Bhd and AirAsia X Bhd’s (AAX) shares rose after the release of their positive fourth-quarter financial year 2024 (4QFY24) operating statistics.
Malaysia’s Property Sector Resilient In 2025, Driven By Strong Demand And Key Catalysts – MIDF
KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s property sector is expected to remain resilient in 2025, driven by sustained buying interest, a declining property overhang, and key catalysts such as the Johor-Singapore Special Economic Zone (JS-SEZ) and the Johor Bahru-Singapore Rapid Transit System (RTS), said a research house.