T7 Global Bags RM500 Mln Works Contract From Exxonmobil Exploration

KUALA LUMPUR, Nov 6 (Bernama) -- T7 Global Bhd has been awarded a maintenance, construction, modification (MCM) contract and hook-up commissioning services contract for Package B2 - Guntong by ExxonMobil Exploration and Production Malaysia Inc worth RM500 million.

China’s KKV Introduces 100 Lifestyles To Malaysia

KUALA LUMPUR, Nov 5 (Bernama) -- The comprehensive lifestyle trend retail brand under KK Group, KKV, makes significant strides in the Malaysian market this year, driven by its strong consumer reputation and impressive market performance.

TGIF Malaysia Not Affected By TGIF Inc Restructuring

KUALA LUMPUR, Nov 4 (Bernama) --TGI Fridays (TGIF) Malaysia has assured customers that its local franchise restaurants remain fully operational and unaffected by the recent Chapter 11 filing by TGIF Inc. in the United States (US).

AM Best Withdraws Generali Life Hong Kong’s Ratings

KUALA LUMPUR, Nov 4 (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 Generali Life (Hong Kong) Limited (Generali Hong Kong).

Kenanga Investment Bank Expects Rise In Demand For Cloud Services Due To Data Centre Investments

KUALA LUMPUR, Nov 4 (Bernama) -- Kenanga Investment Bank Bhd anticipates a rise in demand for cloud services, including graphics processing units-as-a-service pioneered by Maxis Bhd locally, as global cloud service providers continue to invest heavily in data centres, cloud, and artificial intelligence (AI) infrastructure in Malaysia.

Public-listed Companies Show Progress In Adopting MCCG Best Practices -- SC

KUALA LUMPUR, Nov 4 (Bernama) -- Malaysian public-listed companies (PLCs) showed progress in adopting the Malaysian Code on Corporate Governance (MCCG), according to the Securities Commission Malaysia’s (SC) Corporate Governance Monitor (CG Monitor) 2024.

Maxis To Engage With MCMC On 5G Decision, Will Explore Options

KUALA LUMPUR, Nov 3 (Bernama) – Maxis Bhd will engage with the Malaysian Communications and Multimedia Commission (MCMC) to understand the rationale for the recent decision on the 5G dual network.

KWAP Appoints Nazaiful Affendi As Chief Strategy And Services Officer

KUALA LUMPUR, Nov 2 (Bernama) -- Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has appointed Nazaiful Affendi Zainal Abidin as the chief strategy and services officer (CSSO) effective Nov 1, 2024.

Rubber Market Likely To Trade Within Range Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 2 (Bernama) -- The local rubber market is expected to trade range-bound, with re-stocking activities balancing prices and demand amid subdued, coupled with uncertain market sentiment, said industry expert Denis Low.

Volatile Trade Expected For FBM KLCI Futures Next Week

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade in volatile mode next week ahead of the United States (US) Presidential election.

Plantation Rally, FOMC Rate Cut To Balance Volatility Ahead Of US Election Results 

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Nov 2 (Bernama) -- Expectations of continued interest in plantation stocks amid rising crude palm oil price and the US Federal Reserve (Fed) rate cut are set to counterbalance potential election-related fluctuations, stabilising Bursa Malaysia’s performance next week.

Gold Futures Likely To Be Cautious Due To US Presidential Election

KUALA LUMPUR, Nov 2 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives is likely to be on cautious trading mode as investors are expected to adopt a wait-and-see stance prior to the US presidential election on Nov 5, said dealers.