CPO Futures Close Mix On Weaker Output Expectations

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 24 (Bernama) -- CPO futures on Bursa Malaysia Derivatives closed mixed on Wednesday, as expectations of weaker output provided support despite the mixed sentiment, said palm oil trader David Ng.

Ringgit Continues To Soar Against Greenback As US Consumer Confidence Remains Weak

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit ended stronger against the US dollar today, touching 4.04, its highest level in nearly five years, after the latest data showed that consumer confidence in the United States remains weak. 

Christmas Comes Early As Bursa Malaysia Ends At Nearly 16-Month High

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia closed at a nearly 16-month high on Christmas Eve, extending its gains for a fifth consecutive session amid steady market participation and improving domestic sentiment.

Hextar Global To Acquire three Fertiliser Companies For RM120 Mln

KUALA LUMPUR, Dec 23 (Bernama) -- Hextar Global Bhd announced today that it has entered into conditional share sale agreements with Hextar Industries Bhd (HIB) and Hextar Fertiliser Group Sdn Bhd to acquire the entire equity interests in PK Fert Sdn Bhd (PKFT), PK Fertilizers Sdn Bhd (PKF), and Hextar Fert Sdn Bhd (HFT) for RM120 million. 

Bursa Malaysia To Close On Christmas, New Year's Day

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia Bhd and its subsidiaries will be closed on Dec 25, 2025, in conjunction with Christmas Day and Jan 1, 2026, for the New Year’s Day holiday.

Citaglobal Bags Two Construction Jobs Worth RM82.72 Mln

KUALA LUMPUR, Dec 22 (Bernama) -- Citaglobal Bhd’s wholly-owned subsidiary, Citaglobal Land Sdn Bhd, has accepted two construction contracts from UDA Land (South) Sdn Bhd and the Public Works Department (JKR) totalling RM82.72 million.

PHB Positions Bumiputera Participation In Real Estate As Nation-building Catalyst

KUALA LUMPUR, Dec 22 (Bernama) -- Expanding bumiputera participation in commercial real estate is an important lever in Malaysia’s nation-building agenda, with Pelaburan Hartanah Bhd (PHB) acting as a key institutional platform to drive wealth creation and economic growth.

Gadang Unit Signs Large Scale Solar Photovoltaic PPA With Sabah Electricity

KUALA LUMPUR, Dec 18 (Bernama) -- Gadang Holdings Bhd announced that its 60 per cent-owned subsidiary Tenaga Aspirasi Sdn Bhd (SPP) today signed a large scale solar photovoltaic power purchase agreement (PPA) with Sabah Electricity Sdn Bhd. 

Gamuda Wins Two More Australian Projects, Bringing Order Book To A Record RM46 Bln

KUALA LUMPUR, Dec 18 (Bernama) -- Gamuda Bhd has bagged two more contracts in Australia through its wholly-owned subsidiaries, bringing the group's order book to a new record high of RM46 billion.

Binasat digital Wins RM52.46 Mln Contract From Lembaga Dius Api

KUALA LUMPUR, Dec 18 (Bernama) -- Binasat Communication Bhd’s subsidiary, Binasat Digital Sdn Bhd, has secured a RM52.46 million contract from the Lembaga Dius Api (LDA) to provide managed and secure internet services and software.

FELCRA Sets 15 Pct Dividend For FY 2025, Payout Early Next Year

KUALA LUMPUR, Dec 17 (Bernama) -- The dividend based on the operations of the Federal Land Consolidation and Rehabilitation Authority (FELCRA) for the 2025 financial year has been set at 15 per cent and is expected to be paid early next year, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

AM Best Lifts New India Assurance Outlook To Positive

KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of The New India Assurance Company Limited (New India).