7m ago
KUALA LUMPUR, Jan 10 (Bernama) -- U Mobile Sdn Bhd is likely to enter into network collaborations to defray 5G capital expenditure (capex) estimated at RM3 billion-RM4 billion following its selection as the second 5G network access provider, said RHB Investment Bank Bhd.
7m ago
KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia opened higher on Thursday but retreated thereafter due to extended profit taking in selected heavyweights as investors remained on the sidelines due to the lack of fresh leads, dealers said.
7m ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) can potentially propel Johor to become the southern growth engine for the economy, said RHB Investment Bank Bhd (RHB IB).
8m ago
KUALA LUMPUR, Jan 3 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects property sales to grow by 10 per cent year-on-year (y-o-y) in 2025 with some developers likely to focus on launching mid-range high-rise products to conserve landbanks and address potential affordability issue.
8m ago
KUALA LUMPUR, Dec 31 (Bernama) -- The land acquired by Gamuda Bhd at Springhill Industrial Park in Negeri Sembilan could support the development of data centre (DC) capacities of between 700-1,000 megawatts (MWs) based on two to three MWs per acre with a downward adjustment in net area, Hong Leong Investment Bank’s (HLIB) preliminary estimates show.
8m ago
KUALA LUMPUR, Dec 27 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on Tenaga Nasional Bhd's (TNB) three-year Regulatory Period 4 (RP4) announcement, as the higher allowed operating expenditure (opex) could support the planning and execution of necessary operational and maintenance activities for all of the utility company's electrical infrastructure.
8m ago
KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia Bhd has confirmed that it is embarking on a chief executive officer (CEO) succession plan. This addresses media reports that its current CEO and executive director, Datuk Muhamad Umar, is considering leaving the company.
8m ago
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia opened lower today, taking a cue from Wall Street’s overnight declines, said an analyst.
8m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 5 (Bernama) -- Last-minute buying mainly in financial and plantation heavyweights helped lift Bursa Malaysia to end today’s session on a positive note, erasing losses from the earlier sessions.
9m ago
KUALA LUMPUR, Dec 2 (Bernama) -- RHB Banking Group (RHB) has launched its flood relief assistance programme, offering immediate financial relief and long-term recovery support to individuals, micro, small and medium enterprises (MSMEs), available from now until Jan 31, 2025.
9m ago
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Bank Bhd's net profit surged to RM833.19 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM649.95 million in the same period last year, attributable to higher total income and lower expected credit losses (ECL).
9m ago
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat about IHH Healthcare Bhd’s strategic plan for both organic and inorganic growth over the mid-to-long term.