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Bursa Malaysia Ends Higher, Tracks Regional Rally As Oil Prices Ease

By Siti Noor Afera Abu

KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday, tracking gains across regional markets as a sharp pullback in oil prices helped boost overall market sentiment, analysts said.

Main Market-Bound Empire Premium Food Aims To Raise RM152.6 Mln From IPO

KUALA LUMPUR, March 25 (Bernama) -- Food and beverage company Empire Premium Food Bhd aims to raise RM152.6 million from its initial public offering (IPO) via a listing on the Main Market of Bursa Malaysia on April 17, 2026.

Bursa Malaysia Stays Higher At Mid-Afternoon

KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia remained in positive territory at mid-afternoon on continued buying support in selected heavyweights led by banking and utilities counters.

Midday Trade On Bursa Malaysia Mixed As Regional Cues Weighs In

KUALA LUMPUR, March 25 (Bernama) -- Shares on Bursa Malaysia ended the morning trading session mixed, tracking regional trends amid ongoing uncertainty in the Middle East and continued volatility in oil prices.

Kitacon Bags RM99.28 Mln Contract In Cyberjaya

KUALA LUMPUR, March 25 (Bernama) -- Construction company Kumpulan Kitacon Bhd (Kitacon) has secured a RM99.28 million construction project located in Cyberjaya, Selangor, from ParkCity Botanika Sdn Bhd.

Newly Formed Cayman Islands’ GUNA Re Rated Excellent By AM Best

KUALA LUMPUR, March 25 (Bernama) -- AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to the Cayman Islands’ GUNA Re, with a stable outlook.

AM Best Affirms PanAsia Re Ratings At Excellent Level

KUALA LUMPUR, March 25 (Bernama) -- Global credit rating agency, AM Best has affirmed Hawaii’s PanAsia Reinsurance Inc (PanAsia Re) financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent), with a stable outlook.

AM Best Affirms Excellent Ratings For Sun Hung Kai Properties Insurance

KUALA LUMPUR, March 25 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI), with a stable outlook.

Horizon Quantum Completes Business Combination, Lists On Nasdaq

KUALA LUMPUR, March 25 (Bernama) -- Horizon Quantum Computing Pte Ltd (Horizon Quantum) has completed its business combination with dMY Squared Technology Group Inc (dMY), securing approximately US$120 million in gross proceeds and marking its public debut on the Nasdaq. (US$1=RM3.94)

Bursa Malaysia Opens Higher On Improved Regional Risk Appetite

KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by improved risk appetite across regional markets despite a weaker overnight performance on Wall Street.

ADB Rolls Out Financial Support Package Amid middle East Conflict 

KUALA LUMPUR, March 24 (Bernama) -- The Asian Development Bank (ADB) has rolled out a financial support package to help its developing member countries (DMCs) mitigate the economic and financial impacts resulting from the conflict in the Middle East.

OCR Unit To Dispose Of Shah Alam Land For RM45 Mln

KUALA LUMPUR, March 24 (Bernama) -- OCR Group Bhd’s indirect wholly owned subsidiary, OCR Avenue Sdn Bhd (OASB), has entered into a sale and purchase agreement with Magna Ecocity Sdn Bhd and Twinicon (M) Sdn Bhd.