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Trading

Bursa Malaysia Closes Lower On Concerns Over Middle East Tension

October 2, 2024

KUALA LUMPUR, Bursa Malaysia retreated from yesterday’s gain to close lower today in line with regional bourses as emerging concerns over the Middle East prompted selling activities across the board, an analyst said.

Public Bank and CIMB Group led t…

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Indonesian Tycoon Lauds Anwar’s Affirmative Action To Safeguard Bumiputera Interests

October 2, 2024

PUTRAJAYA, The affirmative action taken by Prime Minister Datuk Seri Anwar Ibrahim’s administration to protect Bumiputera interests is a positive step, according to Indonesia’s former Economic Minister Chairul Tanjung.

Chairul, who is Indonesia’s se…

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PropertyGuru Supports KPKT’s Madani Deposit Scheme To Boost Home-ownership Among First-time Buyers

October 2, 2024

KUALA LUMPUR, PropertyGuru Malaysia has given full support to the Housing and Local Government Ministry’s (KPKT) suggestion on the MADANI Deposit scheme in the upcoming Budget 2025.

Its country manager Kenneth Soh said the initiative displayed a cle…

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Curium Join Forces With PeptiDream For Prostate Cancer Theranostics in Japan

October 2, 2024

KUALA LUMPUR, Curium, a world leader in nuclear medicine, has entered into a strategic partnership with PDRadiopharma Inc, a wholly-owned subsidiary of PeptiDream, for the clinical development, regulatory filing, and commercialisation in Japan of two…

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Malaysian Govt leads In BPAM 3Q 2024 Bond League Tables With RM55.68 Bln Issuance

October 2, 2024

KUALA LUMPUR, The Malaysian government has been named the overall top bond issuer in Bond Pricing Agency Malaysia Sdn Bhd’s (BPAM) Bond League Tables reports for the third quarter (3Q) of 2024, with a total issuance of RM55.68 billion.

The governmen…

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Bank Islam Launches Second Tranche Of Sukuk Wakalah Amounting To RM250 Mln

October 2, 2024

KUALA LUMPUR, Bank Islam Malaysia Bhd has launched its second tranche of additional Tier-1 capital sukuk wakalah from its RM5.0 billion Sukuk Wakalah Programme amounting to RM250 million Perpetual Non-Call five years.

In a filing with Bursa Malaysia…

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Petronas Job Set To Add Up To RM120 Mln To MISC’s Core Net Profit – CIMB Securities

October 2, 2024

KUALA LUMPUR, CIMB Securities Sdn Bhd expects the latest MISC Bhd’s liquefied natural gas (LNG) carriers construction contracts from Petronas to contribute RM47 million – RM120 million to its core net profit from the financial year 2027 (FY2027).

Th…

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Tanco Shares Rise On Smart Ai Container Port Approval

October 2, 2024

KUALA LUMPUR, Tanco Holdings Bhd’s shares drew attention on Bursa Malaysia during the early session today, following the group’s approval to develop and construct the smart artificial intelligence (AI) container port in Port Dickson, Negeri Sembilan….

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Sunway’s Unit Acquires Freehold Land In KL For RM320 Mln

October 2, 2024

KUALA LUMPUR, Sunway Bhd’s wholly-owned subsidiary, Sunway Melawati Sdn Bhd, has entered into a sales and purchase agreement with Viva Impian Sdn Bhd (VISB) to acquire a parcel of land for RM320 million in Cheras, here.

In a statement today, the gro…

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Econpile Unit Secures Two Contracts Worth Combined RM33.3 Mln

October 2, 2024

KUALA LUMPUR, Econpile Holdings Bhd’s wholly owned subsidiary, Econpile (M) Sdn Bhd, has secured two contracts worth a combined RM33.3 million from Sg Besi Construction Sdn Bhd.

In a filing with Bursa Malaysia, Econpile said the work involves an und…

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