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.

AM Best Affirms Vietnam’s PTI Credit Ratings With Stable Outlook 

KUALA LUMPUR, Jan 14 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of Vietnam’s Post-Telecommunication Joint Stock Insurance Corporation (PTI).

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.

Malaysia Likely See Net Foreign Equity Inflow In 2026 Amid Rising Investor Confidence - Economist

KUALA LUMPUR, Jan 13 (Bernama) -- Malaysian equities markets are likely to see a net inflow of foreign investment this year amid heightened investor confidence, driven by improving market sentiment.

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.

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.

AirAsia X To Be Renamed AirAsia On Jan 19 - Tony Fernandes

KUALA LUMPUR, Jan 13 (Bernama) -- AirAsia X will be renamed AirAsia and listed as a newly quoted stock on Jan 19, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.

Required Low-Carbon Investment For OIC Averages 1.4 Pct Of GDP -- BNM Deputy Governor

KUALA LUMPUR, Jan 13 (Bernama) -- The investment required for the Organisation of Islamic Cooperation (OIC) countries to pursue low-carbon strategies averages 1.4 per cent of gross domestic product (GDP) and rises to over 5.0 per cent for low-income members, Bank Negara Malaysia (BNM) Deputy Governor Adnan Zaylani Mohamad Zahid said today.

Malaysia's Property Sector To Shift To Fundamental-Driven Growth - Knight Frank

KUALA LUMPUR, Jan 13 (Bernama) -- Headline activity in Malaysia's property market no longer provides a complete picture of underlying market dynamics, as outcomes are now driven by infrastructure readiness, capital discipline and alignment with long-term demand fundamentals.

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.