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Main Market-bound Azam Jaya Bhd Aims To Raise RM61.5 Mln From IPO

KUALA LUMPUR, Oct 18 (Bernama) – Sabah-based major road infrastructure construction player, Azam Jaya Bhd aims to raise RM61.5 million from its initial public offering (IPO), pursuant to its listing on the Main Market of Bursa Malaysia on Nov 11, 2024.

 

RHB IB Keeps 'Neutral' Call On Transportation Sector

KUALA LUMPUR, Oct 18 (Bernama) -- RHB Investment Bank (RHB IB) maintained its “neutral” call on the transportation sector despite ocean freight capacity shortage anticipated to persist in the near term and air cargo is expecting a strong peak season driven by holiday demand.

Bursa Malaysia Higher Across The Board At Midday

KUALA LUMPUR, Oct 18 (Bernama) -- Bursa Malaysia was higher across the board at midday today, in line with most regional peers and tracking Wall Street’s positive overnight performance, said an analyst. 

Malaysia's Trade Records 10.2 Pct Jump, Exceeds RM2 Trillion Mark In First Nine Months Of 2024

KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia’s trade from January to September 2024 rose 10.2 per cent to RM2.139 trillion, surpassing the RM2 trillion threshold in just nine months, compared to 10 months in 2023, said the Ministry of Investment, Trade and Industry (MITI).

Pharma And Healthcare Expo 2024 To Boost Malaysia As Regional Healthcare Hub

KUALA LUMPUR, Oct 18 (Bernama) -- The inaugural Malaysia Pharma and Healthcare Expo 2024 to be held at the Malaysia International Trade and Exhibition Centre (MITEC) from Oct 22-24, is set to boost Malaysia’s healthcare industry by promoting innovative products, fostering partnerships, and attracting investments in medical devices and pharmaceutical products.

LYB Becomes Full Owner Of APK AG To Advance Recycling Technology

KUALA LUMPUR, Oct 18 (Bernama) -- LyondellBasell (LYB), a sustainability leader in the chemical industry, announced the full acquisition of APK AG, a solvent-based recycling company, in Merseburg, Germany.

Pelaburan Hartanah, IJN Sign MoU To Explore Expansion Of Healthcare Facilities

KUALA LUMPUR, Oct 18 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has partnered with IJN Holdings Sdn Bhd (IJN) for the future expansion of the National Heart Institute’s (IJN) healthcare facilities.

Malaysia Pavilion Sees Potential Export Value Of US$67.11 Mln At Tokyo Game Show 2024

KUALA LUMPUR, Oct 17 (Bernama) -- The Malaysia Pavilion at Tokyo Game Show (TGS) 2024 has garnered potential sales of US$67.11 million (US$1=RM4.29) from 150 business meetings conducted between the Malaysian and Japanese gaming companies.

Household Spending To Grow By 5 Pct  Y-o-y Over 2025 To RM952.6 Billion - BMI

KUALA LUMPUR, Oct 18 (Bernama) -- BMI, a unit of Fitch Solutions, has forecast household spending to grow by 5 per cent year-on-year in 2025, in real terms, to a value of RM952.6 billion.

MIDA On Track To Achieve RM2.5 Bln Green Investment Goal At IGEM 2024

KUALA LUMPUR, Oct 18 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is on track to achieve its target of RM2.5 billion in investments from green investment leads at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024.

Bursa Malaysia Opens Marginally Higher On Cautious Trading

KUALA LUMPUR, Oct 18 (Bernama) -- Bursa Malaysia opened marginally higher on cautious trading ahead of Budget 2025 to be tabled later today, analyst said.

Ringgit Opens Marginally Higher versus US Dollar, Traders Await Budget 2025

KUALA LUMPUR, Oct 18 (Bernama) -- The ringgit traded slightly higher against the US dollar at the opening as traders anticipated that the local currency would trade sideways while focusing on next year's fiscal deficit targets, even as global banks continued to pursue easy monetary policies.