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KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia Securities Bhd has reprimanded and imposed a fine of RM59,000 on Nurendran a/l Parathan, for engaging in manipulative trading activities in the securities of numerous counters.
KUALA LUMPUR, May 11 (Bernama) -- RHB Bank Bhd said its unit, RHB Investment Bank Bhd, has received no objection from Bank Negara Malaysia to begin talks with Tokio Marine Asia Pte Ltd on the proposed disposal of up to a 100 per cent stake in RHB Insurance Bhd.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, May 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, tracking gains in Chicago Board of Trade (CBOT) soybean oil prices, a trader said.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 11 (Bernama) -- The ringgit closed higher against regional peers and was firmer versus most major currencies today as investors monitored developments in the United States-Iran negotiations and upcoming US-China talks.
KUALA LUMPUR, May 11 (Bernama) -- Permaju Industries Bhd's wholly-owned subsidiary Capital Intertrade Sdn Bhd (CISB) is ceasing its Ford dealership operations, having served a notice of company closure and surrender of operations to Sime Darby Auto ConneXion Sdn Bhd (Sime Darby Auto).
KUALA LUMPUR, May 11 (Bernama) -- Glomac Bhd has unveiled 16 Legacy, an exclusive collection of 16 semi-detached houses in Saujana Rawang with an estimated gross development value (GDV) of approximately RM21 million.
KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Ireka Corp Bhd (Ireka) and seven of its former directors for breaches of the Bursa Malaysia Securities Main Market Listing Requirement, while imposing total fines of RM425,000 on the directors.
By Siti Noor Afera Abu
KUALA LUMPUR, May 11 (Bernama) -- Late selling pressure dragged Bursa Malaysia into negative territory at the close, reversing earlier gains as profit-taking in heavyweight banking and transportation counters dampen overall market sentiment.
KUALA LUMPUR, May 11 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has completed its first transaction for EVF General Finance Joint Stock Company (EVF) in Vietnam by securing US$25 million from the OPEC Fund for International Development (OFID). (US$1 = RM3.91)
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, May 11 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by regional rubber futures despite firmer crude oil prices, a trader said.
KUALA LUMPUR, May 11 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a+” (Excellent) to Taiwan’s Tokio Marine Newa Insurance Co Ltd (TMNewa), with a stable outlook.
KUALA LUMPUR, May 11 (Bernama) -- Esentia Energy Development S.A.B. de C.V. (Esentia) announced the pricing of US$2 billion in senior notes through a private offering to qualified institutional buyers and non-United States (US) investors. (US$1 = RM3.91)
