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ALPS Global Aims To Raise US$100 Mln Via Nasdaq IPO

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 15 (Bernama) – Integrated biotech group ALPS Global Holding Bhd, which is en route to a Nasdaq listing in the fourth quarter of 2024, aims to raise US$100 million to fund its expansion, clinical studies, and manufacturing plant.

QNET Makes Improvements To Health Products Using Latest Technology

GEORGE TOWN, Sept 14 (Bernama) -- QNET, a global direct sales network that focuses on lifestyle and wellness, has made several improvements to its health products using the latest technology.

NCIA Facilitates JV Agreement Between Yenher And Danish Company Involving RM75 Mln Investment

GEORGE TOWN, Sept 14 (Bernama) -- The Northern Corridor Implementation Authority (NCIA) has facilitated a joint venture agreement between Yenher Holdings Bhd and Danish firm Fermentationexperts A/S (FE) to form YH European Protein Asia Sdn Bhd (YHEPA).

SC, MyCreative Launch Batik Competition To Promote Malaysian Heritage Globally

KUALA LUMPUR, Sept 14 (Bernama) -- The Securities Commission Malaysia (SC) has partnered with Kumpulan MyCreative Ventures to launch a batik design competition aimed at showcasing Malaysian batik heritage on the global stage.

Bad Weather Conditions Likely To Boost Rubber Market Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 14 (Bernama) — The local rubber market is expected to trade higher next week due to uncertainties caused by bad weather conditions, which could boost both demand and prices, said industry expert Denis Low.

Bursa Malaysia Set To Consolidate Next Week Amid Strength In Global Equities

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia is expected to consolidate within the 1,630-1,670 range next week, offering accumulation opportunities and potentially setting the stage for an upward move as market sentiment improves.

Ringgit Likely To Continue Uptrend Next Week, Trading At 4.28-4.29 Against US Dollar

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 14 (Bernama) -- The ringgit is expected to continue its uptrend next week, trading at 4.28 to 4.29 against the US dollar, ahead of the United States (US) Federal Open Market Committee (FOMC) meeting on Sept 17-18. 

Gold Futures To Trade In Consolidation Mode Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 14 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives (BMD) is likely to trade in consolidation mode next week, ahead of the United States (US) Federal Open Market Committee’s meeting on Sept 17-18. 

FBM KLCI Futures Set To Consolidate Next Week

KUALA LUMPUR, Sept 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is set to consolidate next week in sync with the underlying cash market. 

China-Malaysia Bilateral Trade Surges To US$117.52 Bln In First 7 Months Of 2024

KUALA LUMPUR, Sept 13 (Bernama) -- Bilateral trade between China and Malaysia surged to US$117.52 billion (US$1 = RM4.30) in the first seven months of 2024, a 10.8 per cent increase compared with the same period last year, said Chinese Ambassador to Malaysia Ouyang Yujing.

Pansar Unit Secures Contract Related To Sarawak-Sabah Link Road Worth RM777.11 Mln

KUALA LUMPUR, Sept 13 (Bernama) -- Pansar Bhd’s wholly owned subsidiary Perbena Emas Sdn Bhd has secured a project related to Package 4A (RH Aling to Bukit Pagon) of the Sarawak-Sabah Link Road (SSLR) Phase 2 project worth RM777.11 million.

Ringgit Breaches 4.30 Level Against US Dollar, Hits 20-month High

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.