Oil price impact on subsidy rationalisation
Should Brent crude oil prices reach US$100 per barrel, the government could opt to implement the planned petrol and diesel…
Heitech to raise RM22.98mil via placement
Heitech Padu Bhd is proposing a private placement of 10.12 million new ordinary shares to raise gross proceeds of RM22.98mil…
IMF revises 2024 GDP higher to 4.4%
The International Monetary Fund (IMF) has revised the outlook for Malaysia’s real gross domestic product (GDP) by a notch to…
Bursa snaps four-day losing streak to end higher
Bursa Malaysia snapped four consecutive days of losses to end higher yesterday as bargain hunting emerged following the recent sell-off,…
Thames Water to release new business plan this week
Thames Water Utilities Ltd’s board members are set for last-ditch talks to update their business plan this week after shareholders…
IGB-REIT net profit up 11.1% to RM99.61mil in 1Q
IGB Real Estate Investment Trust (IGB-REIT) booked a higher year-on-year (y-o-y) net profit for its first quarter (1Q) ended March…
Higher OOH beverage consumption a boon for F&N
Fraser & Neave Holdings Bhd (F&N) stands to be the key beneficiary of higher out-of-home (OOH) beverage consumption amid the…
Malayan Flour Mills to invest RM100mil in FY24
Malayan Flour Mills Bhd (MFM) is investing a total of RM100mil in the financial year 2024 (FY24), of which RM32mil…
SEZ set to catalyse equity valuations
The Johor-Singapore Special Economic Zone (SEZ) is set to catalyse equity valuations in both Malaysia and Singapore under five themes.