Wall St posts record closes as inflation data fuel rate-cut bets
Wall Street's three major indices notched record closes on Wednesday with the benchmark S&P 500 and the Nasdaq both advancing more…
Trading ideas: MAHB, Axiata, Paramount, KNM, MYEG, Straits Energy, Mitrajaya, Ewein, SNS
KUALA LUMPUR: Here are the headlines coming out of Corporate Malaysia.
Analysts advise investors to cash in on RM11/share MAHB offer
KUALA LUMPUR: Analysts are recommending that investors accept an RM11 a share offer for their stakes in Malaysia Airports Holdings…
Ekuinas invests RM37mil in Bumiputera industrial equipment maker
KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) has invested RM37mil in industrial machinery manufacturer Mizou Holdings Sdn Bhd, its second investment…
TSMC says no damage to its Arizona facilities after incident
TAIPEI: Taiwanese chipmaker TSMC said on Thursday there was no damage to its facilities after an incident at its Arizona…
PETRONAS makes third hydrocarbon discovery in Suriname’s offshore Block 52
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) subsidiary Petronas Suriname E&P BV has made its third hydrocarbon discovery in Block 52, offshore the South American nation…
UEM Sunrise, Itramas, CMEC ink MoU to develop RE industrial park in Johor
KUALA LUMPUR: UEM Group Bhd via its property arm UEM Sunrise Bhd has inked an agreement to partner Itramas Corp…
Smart Asia IPO public portion oversubscribed 37.98 times
KUALA LUMPUR: ACE Market-bound Smart Asia Chemical Bhd’s public portion shares under its initial public offering (IPO) have been oversubscribed by 37.98 times.
S P Setia’s 1Q net profit surges to RM77.33mil
KUALA LUMPUR: SP Setia Bhd achieved a total of RM1.42bil in sales in the first quarter ended March 31, 2024,…