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Bursa Malaysia Reverses Early Gains To End Lower Ahead Of US CPI Data

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia reversed its early gains to close broadly lower, with over 900 stocks in the red, reflecting the continuous lack of confidence across the market.

ACE Market-Bound Colform Group Aims to Raise RM41.19 Mln From IPO

KUALA LUMPUR, Jan 15 (Bernama) -- Sabah-based steel product maker Colform Group Bhd aims to raise RM41.19 million through its initial public offering (IPO), en route to its listing on the ACE Market of Bursa Malaysia on Feb 10, 2025.

SC To Unveil Toolkit To Assist Listed Companies’ Transition To Meet NSRF Compliance

KUALA LUMPUR, Jan 15 (Bernama) -- The Securities Commission Malaysia (SC) is concerned about the ability of “Group 2” and “Group 3” listed companies to comply with the National Sustainability Reporting Framework (NSRF).

Maybank IB Projects 4.9 Pct GDP Growth, 3.0 Pct Inflation Rate In 2025

KUALA LUMPUR, Jan 14 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has reiterated its projection of a 4.9 per cent growth for the Malaysian economy in 2025 and an inflation rate of 3.0 per cent for the year. 

Bursa Malaysia Ends At Intraday Low Amid Mixed Regional Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen most of the day to end at an intraday low on late selling of selected utilities and plantation heavyweight counters, amid a mixed performance in regional peers.

Gamuda's Share Price Up After Securing RM8 Bln Penang LRT Contract

KUALA LUMPUR, Jan 14 (Bernama) -- Gamuda Bhd’s share price on Bursa Malaysia was higher at mid-morning after its consortium was appointed as the main contractor to deliver the first civil works package worth over RM8 billion for the Penang Light Rail Transit (LRT) project.

Selgate, MTT To Develop Balik Pulau's Maiden Private Specialist Hospital

GEORGE TOWN, Jan 13 (Bernama) -- Selgate Corp Sdn Bhd, through its healthcare arm, Selgate Healthcare Sdn Bhd, has signed a development and lease agreement with MTT Properties and Development Sdn Bhd to build a private specialist hospital in Balik Pulau, Penang.

Bursa Malaysia Ends Lower On Heavy Selling In Tech, Utility Stocks

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia's benchmark index ended lower today, weighed down by heavy selling in technology and utility blue chips, reflecting the ripple effect from a sell-off on Wall Street last Friday.

MRT Corp Signs Rm8.31 Bln Contract With SRS Consortium

KUALA LUMPUR, Jan 13 -- Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has signed a Civil Main Contract (CMC) for Segment 1 of the Mutiara Line Light Rail Transit (LRT) project with SRS Consortium Sdn Bhd.

MIDA: Catalysing Malaysia's Economic Resilience, Future Growth In A Dynamic Global Landscape

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 12 (Bernama) -- Malaysia’s investment landscape in 2024 has once again showcased its resilience and adaptability, with the Malaysian Investment Development Authority (MIDA) at the forefront of driving economic growth through strategic investments, human capital development, digital and green economy initiatives.

FBM KLCI Rebounds On Bargain Hunting In Banking, Telco Stocks

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday's losses to close marginally higher on Friday, driven by bargain hunting in banking and telecommunications stocks, despite the downbeat performance in regional bourses.

REHDA Institute CEO Series 2025 Set To Drive Malaysia's Real Estate And Economy

KUALA LUMPUR, Jan 9 (Bernama) -- The REHDA Institute CEO Series 2025, scheduled for Jan 16, 2025, at Le Méridien Petaling Jaya, is poised to drive Malaysia's real estate sector and economy forward.