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Helios Photovoltaic Eyes 33 Mln Euros IPO On Frankfurt Stock Exchange

KUALA LUMPUR, April 7 (Bernama) -- Helios Photovoltaic Sdn Bhd, en route to a listing on the Frankfurt Stock Exchange in Germany, aims to raise 33 million euros (1 euro = RM4.64) from its initial public offering (IPO). 

Malaysia Can Withstand Global Uncertainties Amid Strong Economic Fundamentals -- Economist

BANGI, April 7 (Bernama) -- Malaysia’s strong economic fundamentals have enabled the country to face and weather global uncertainties, including protracted conflicts in West Asia, said Ambank Group chief economist Firdaos Rosli.

Malaysian Biodiesel Association Urges Govt To Expedite Higher Blends For National Biodiesel Programme

KUALA LUMPUR, April 7 (Bernama) -- The Malaysian Biodiesel Association (MBA) has called on the government to follow the proactive measures announced by other ASEAN counterparts and expedite the nationwide implementation of higher blends under the national biodiesel programme for both the transport and industrial sectors.

Labuan Port Strengthens Role As Oil And Gas Support Hub

LABUAN, April 7 (Bernama) -- Labuan Port continues to play a strategic role as an industrial support hub, particularly for the oil and gas sector, with about 70 per cent of its cargo activities linked to the industry.

Malaysia’s Energy Supply Secure At Least Until June Amid Global Energy Crisis - PM Anwar

KUALA LUMPUR, April 7 (Bernama) -- Malaysia’s energy supply is expected to remain sufficient at least until June this year, Prime Minister Datuk Seri Anwar Ibrahim said.

Bursa Malaysia Lower At Midday

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended the morning trading session lower as markets continued to reprice the protracted West Asia conflict. 

Ekuinas Invests In Ain Medicare Via RM1 Bln Tranche IV Fund

KUALA LUMPUR, April 7 (Bernama) -- Ekuiti Nasional Bhd (Ekuinas) has invested in a bumiputera manufacturer of sterile parenteral pharmaceutical products Ain Medicare Sdn Bhd via Ekuinas’ RM1 billion Tranche IV fund.

PM Anwar: Strategic Shift In Energy Strategy Imperative Amid Global Disruptions

KUALA LUMPUR, April 7 (Bernama) —Malaysia must expedite its transition towards a more sustainable, diversified and cost-effective long-term energy strategy, said Prime Minister Datuk Seri Anwar Ibrahim.

IJM Shares Down In Early Trade, Sunway's IJM Takeover Attempts Lapse

KUALA LUMPUR, April 7 (Bernama) -- Share prices of IJM Corporation Bhd declined in early trade on Tuesday, while Sunway Bhd shares were marginally higher as Sunway’s conditional voluntary general offer (VGO) had lapsed after failing to meet the condition of securing over 50 per cent shareholders’ acceptance level in IJM.  

West Asia Crisis: Fuel Cost Spike 'Neutral' For Malaysia's Utility Players - Kenanga IB

KUALA LUMPUR, April 7 (Bernama) -- The recent spike in fuel costs due to the West Asia crisis is expected to be “neutral” for most utility players, given the established fuel-cost pass-through mechanisms, according to Kenanga Investment Bank Bhd (Kenanga IB).

Bumi Armada Eases In Early Trade As CEO Steps Down

KUALA LUMPUR, April 7 (Bernama) -- Offshore production and support services provider Bumi Armada Bhd eased in early trade today after Gary Neal Christenson stepped down from his roles as chief executive officer (CEO), as a member of the company’s board of directors, as well as those of its subsidiaries and joint-controlled entities, with immediate effect. 

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia rebounded to open higher on Tuesday, tracking overnight gains on Wall Street.