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Late Buying Lifts Bursa Malaysia's Key Index Slightly Higher At Close

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia’s benchmark index closed marginally higher today, supported by late buying interest in selected blue-chip stocks that lifted the market into positive territory by the end of the session.

AirAsia X Shares Up After Securing RM1 Bln Private Placement

KUALA LUMPUR, Jan 14 (Bernama) -- AirAsia X Bhd’s (AAX) shares rose in early trading after fully securing its RM1 billion private placement at RM1.65 per share, following its Tuesday announcement.

FBM KLCI Edges Lower But Holds Above 1,700 In Early Session

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia eased in early trade today after touching its highest level in more than six years, weighed by negative sentiment following Wall Street’s overnight performance, though the benchmark index remained above the 1,700 level.

Rimbunan Sawit To Sell 1,504 Ha In Miri To Trinity Capital For RM28 Mln

KUALA LUMPUR, Jan 13 (Bernama) -- Rimbunan Sawit Bhd's (RSB) is selling 1,504 hectares in Batang Baram, Miri for RM28 million.

AAX Fully Secures RM1 Bln Private Placement At RM1.65 Per Share

KUALA LUMPUR, Jan 13 (Bernama) -- AirAsia X Bhd (AAX) has fully secured its RM1 billion private placement at RM 1.65 per share. 

5E Resources Gets Bursa's Approval ACE Market Listing

JOHOR BAHRU, Jan 13 (Bernama) -- Waste management services provider 5E Resources Holdings Bhd (5E Resources) has received approval from Bursa Malaysia Securities Bhd for its proposed listing on the ACE Market.

Bursa Malaysia Ends At Intraday High On Strong Foreign Buying

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia’s benchmark index closed at an intraday high of 1,708.20, its highest level in more than six years, supported by broadly positive regional sentiment following gains on Wall Street and sustained foreign buying interest.

Sunway, IJM Shares Rise On Positive Sentiment Over Merger Proposal

KUALA LUMPUR, Jan 13 (Bernama) -- Sunway Bhd and IJM Corporation Bhd were among the most active counters, trading higher at mid-afternoon, following the positive sentiment on a potential merger between the two companies.

Attindas Accelerates European Expansion With Italy-based SILC Acquisition

KUALA LUMPUR, Jan 13 (Bernama) -- Attindas Hygiene Partners has acquired Italy-based Società Italiana Lavorazione Cellulosa (SILC S.p.A.), taking a significant step forward in executing its growth strategy.

Semico Capital Achieves 80 Pct Premium Over IPO Price, Raises RM23.2 Mln

KUALA LUMPUR, Jan 13 (Bernama) --  Semico Capital Bhd made a strong debut on the ACE Market of Bursa Malaysia today as it opened at 45 sen, achieving a premium of 80 per cent over its initial public offering (IPO) price of 25 sen per share.

Sunway Proposes Conditional Takeover Offer To Acquire IJM Corp At RM3.15 Per Share

KUALA LUMPUR, Jan 12 (Bernama) -- Sunway Bhd has proposed a conditional voluntary takeover offer to acquire the entire 3.51 billion shares in IJM Corp Bhd at an offer price of RM3.15 per share.