Kenanga Investment Bank to increase stake in Merchantrade Asia
Kenanga Investment Bank Bhd has received Bank Negara’s approval to acquire an additional 15.2% equity interest in Merchantrade Asia Sdn…
Enhanced efforts needed to revitalise tourism sector
The Malaysian government and its related agencies need to intensify efforts to restore the country’s tourism to pre-pandemic levels.
Nasdaq ends higher on tech strength, Dow pulls back
The Nasdaq rallied 1.3% on Tuesday, buoyed by strength in Nvidia and other tech megacaps, while the Dow slipped as…
Trading ideas: Magni-Tech, IOI Propeties, Kenanga IB, Gamuda, Keyfield, TRC, Ramssol, YGL
KUALA LUMPUR: Here is a recap of the announcements making headlines in Corporate Malaysia.
Bargain-hunting could lift market after losing streak
KUALA LUMPUR: There are growing opportunities for bargain-hunting on the domestic market following recent losses, despite the weaker investor sentiment.
Ringgit strengthens on rate hold expectations
KUALA LUMPUR: The ringgit strengthened against the US dollar at the opening today, bolstered by expectations that Bank Negara Malaysia (BNM)…
Trading in Prolintas units resumes amid MACC probe
KUALA LUMPUR: Trading in Prolintas Infra Business Trust securities has been halted at 9 am today, as announced in a…
FBM KLCI stays positive amid jittery regional sentiment
KUALA LUMPUR: The FBM KLCI stayed positive entering the lunch break despite a slow start as bank counters shored up…
Sapura Energy appoints interim chairman in light of chairman’s absence
KUALA LUMPUR: Sapura Energy Bhd has appointed Shahin Farouque Jammal Ahmad, a non-independent non-executive director in the company, as its…