1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 26 (Bernama) -- Hibiscus Petroleum Bhd's acquisition of TotalEnergies in Brunei will start to contribute to its earnings from the financial year ending June 30, 2025 (FY2025), said managing director Dr Kenneth Pereira.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- IOI Properties Group Bhd (IOIPG) became the second biggest loser on Bursa Malaysia at midday after its first-quarter earnings for the financial year ended June 30, 2025 (1Q FY2025) missed expectations.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- KPJ Healthcare Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) stood at RM86.02 million compared with RM91.74 million posted in 3Q 2023.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit closed higher against the American dollar on Monday, buoyed by a decline in US bond yields after the appointment of Scott Bessent as the US Treasury Secretary.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia maintained its upward momentum throughout the trading session today to close off its day’s high, buoyed by persistent buying in selected heavyweights led by financial services counters, amid the mostly upbeat performance in regional bourses.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C).
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 23 (Bernama) -- The local rubber market is expected to trade sideways with a slight upward bias due to the Northeast Monsoon, which can last for several months, said industry expert Denis Low.
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Solarvest Holdings Bhd’s wholly-owned subsidiary Atlantic Blue Sdn Bhd has bagged a conditional letter of award involving design, engineering, procurement, construction and commissioning (EPCC contract) from SM01 Sdn Bhd worth RM142 million.
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Kumpulan H&L High Tech Bhd’s wholly-owned subsidiary, H&L High-Tech Deco Sdn Bhd, has entered into an estate merger agreement with Prosperous Plantation PLT to achieve economies of scale and increase production output.
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia’s international reserves rose to US$118.0 billion (US$1=RM4.46) as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Bumi Armada Bhd’s net profit increased by 19 per cent to RM211.33 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM177.77 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Veea Inc, a pioneer in edge computing and artificial intelligence (AI)-driven solutions has partnered with DeepGreenX Group Inc (DeepGreenX) an AI-enabled green energy and technology company, for a visionary initiative to roll-out a transformative platform for accelerating the transition to global green energy.