Latest Bursa Malaysia News
RGB Links With Political Funding, Firm Says Director Not Arrested
However its MD was released on bail and is assisting the MACC Read More
IMF Says US$650 Billion Reserve Boost Helped Global Economy, Cautions On Coming Allocations – BusinessToday
The International Monetary Fund on Tuesday said its August 2021 allocation of US$650 billion (about RM3 trillion) in Special Drawing Rights helped countries cope with [more]
China’s Country Garden Issues US$34 Mln New Shares To Repay Some Debt – BusinessToday
China's Country Garden Holdings (HK:2007) said on Wednesday that it will issue about $34 million in new shares to repay part of its obligations to [more]
China, In Response To U.S.’s Raimondo, Says It Is Easing Market Access For Foreign Firms – BusinessToday
China's embassy in Washington on Tuesday defended its business practices after U.S. Commerce Secretary Gina Raimondo said U.S. firms had told her that China had [more]
Bank Islam May Surpass Growth Targets As NIM Trajectory Appear Optimistic – BusinessToday
Bank Islam Malaysia (BIMB) reports a 1HFY23 net profit of RM254.2m. No dividend was declared as BIMB typically announces a single payment in the year, [more]
Axiata Projected For Loss Making With Mounting Finance Cost – BusinessToday
Axiata Group (AXIATA) states a core net loss of RM499m in1HFY23. Nonetheless, it still declared a 5.0 sen dividend per share, on track to deliver [more]
All Eyes On Country Garden’s Cash Flow As Troubled Firm Set To Report Loss – BusinessToday
Just how cash-strapped embattled Country Garden Holdings is will be the focus when China's largest private property developer is due to report its first-half results [more]
Ringgit Rises Against Weaker US Dollar on Poor US Economic Data, Increased Risk Appetite – BusinessToday
The ringgit opened higher against the US dollar on Wednesday as the greenback retreated following the release of the US economic data which came in [more]
BCorp Reports PBT Of RM273 Million In FY2023
The group reported a pre-tax loss of RM8.70 million in the current quarter as compared to RM16.72 million reported in the corresponding quarter of the [more]
Takaful Malaysia Second Quarter Profit Surges 40% To RM91 Million – BusinessToday
Syarikat Takaful Malaysia Keluarga Berhad recorded a profit after zakat and tax of RM91.9 million for the second quarter ended 30 June 2023, an increase [more]
KPJ Achieves 60% Rise In PAT Recording RM48 Million For Q2
This achievement was largely attributed to a significant rise in inpatients, totalling 82,479, up from 72,424. Bed Occupancy Rate ("BOR") improved to 63% from 56% [more]
IHH Healthcare CEO Joe Siim Resigns Successor Appointed
"The Board and management of IHH are grateful to Joe Sim for his significant contributions in his time with us and wish him success as [more]
Govt Announces 5G Rahmah Postpaid Packages For RM2 A Day
As an example, telcos can provide smartphones priced lower than RM240 or a monthly postpaid plan lower than RM60 or data quota higher than 60 [more]
Supermax Closes FY23 In The Red With RM178 Million In Losses
Loss of sales from a major market as the Withhold Release Order (WRO) imposed by the US Customs and Border Protection (USCBP) in October 2021 [more]
DNB CEO To Be Announced On Aug 30 Along With Equity Holdings By Telcos
Who could the next DNB CEO be? Just to note TM Datuk Imri just left the group... Read More
UMW Holdings Recorded A 20% Rise In Q2 Revenue, Profit Triples To RM303 Million
Correspondingly, the Group recorded a higher profit before taxation and zakat of RM476.0 million in the current quarter compared with RM230.0 million in the corresponding [more]
Tropicana Remains In The Red For 1H 2023
For the financial period ended 30 June 2023, the Group recorded revenue of RM721.2 million, which was RM286.5 million or 65.9% higher when compared to [more]
Guan Chong Q2 Profit Dips 37% Due Rising Interest Rates And Weaker Ringgit
Revenue was also reduced due to decreased sales volume of cocoa butter and powder. Read More
SC Introduces Foreign Exempt Scheme Framework For Greater Access To Foreign Investment Funds
The SC's effort also aims to ensure an effective regulatory regime that facilitate product innovation while fostering an inclusive investment environment for investors with various [more]
EG Industries’ FY2023 Net Profit Surges To RM38.44 Million On Favourable Mix – BusinessToday
Electronic Manufacturing Services (EMS) provider EG Industries Berhad ended the financial year ended 30 June 2023 (FY2023) with a spectacular tripling of net profit attributable [more]
JHM Consolidation To Benefit Significantly From New Automotive Customer – BusinessToday
JHM Consolidation's 1H23 core earnings missed expectations on the industrial segment's losses and margins compression dragged by higher input costs and product mix. "While the [more]
MSC Declares 7 Cent Interim Dividend To Reward Shareholders – BusinessToday
Tin miner and metal producer, Malaysia Smelting Corporation Berhad (MSC) has declared a first single-tier interim dividend of 7 sen per share in respect of [more]
Bursa Rebounds To Close Higher Amid Upbeat Regional Performance – BusinessToday
Bursa Malaysia rebounded from Monday's loss to close higher on Tuesday, lifted by an upbeat regional market performance. At 5pm, the FTSE Bursa Malaysia KLCI [more]
EdgePoint, Sunway Group Enhance Telecommunication Infrastructure In Sunway City – BusinessToday
EdgePoint Infrastructure via EdgePoint Towers Sdn Bhd, has partnered with Sunway Group to upgrade the telecommunications infrastructure in Sunway City Kuala Lumpur. The deployment will [more]