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Bursa Malaysia Holds Firm Near 1,600 Level, Tracks Wall Street's Upswing

KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia stayed resilient near the psychologically significant 1,600 level, taking cues from Wall Street's record close following the nomination of hedge fund manager Scott Bessent as the new US Treasury Secretary.

Rubber Market Ends Mixed Amid Regional Futures Gains, Supply Disruption Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 25 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday, supported by an upward momentum in regional rubber futures markets amid natural rubber supply disruption concerns, said a dealer.

Malaysia Boosts Global Semiconductor Ties As Protectionist Measures Loom

KUALA LUMPUR, Nov 25  (Bernama) -- Malaysia is strengthening ties with international markets to avoid a strict bifurcation of the global semiconductor supply chain, particularly as more protectionist measures may be in store following Donald Trump’s victory in the United States (US) presidential election.

CBH Engineering Inks Underwriting Agreement With Mercury Securities For IPO

KUALA LUMPUR, Nov 25 (Bernama) -- Mechanical and electrical (M&E) engineering service provider CBH Engineering Holding Bhd has signed an underwriting agreement with Mercury Securities Sdn Bhd for its proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Malaysia, South Korea To Foster ESG Investments And Technological Collaborations

SEOUL, Nov 25 (Bernama) -- Malaysia and South Korea have reiterated their commitment to fostering an investment climate aligned with environmental, social, and governance (ESG) principles.

World Bank Appoints Judith Green As Country Manager For Malaysia

KUALA LUMPUR, Nov 25 (Bernama) -- The World Bank Group has named Judith Green as its new country manager for Malaysia.

PM Anwar Will Meet South Korea's Chaebol Leaders, Attract Foreign Investment

From Mohd Shukri Ishak

SEOUL, Nov 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is scheduled to meet leaders of South Korean conglomerates, or "chaebol", to attract more foreign direct investments to Malaysia.

MNRB Appoints Rudy Rodzila As Interim President And Group CEO

KUALA LUMPUR, Nov 22 (Bernama) -- MNRB Holdings Bhd has appointed Datuk Rudy Rodzila Che Lamin as its interim president and group chief executive officer (CEO), effective Nov 23, 2024. 

Icon Offshore Secures Four Key Agreements To Drive Portfolio Growth And Expansion

KUALA LUMPUR, Nov 22 (Bernama) -- Offshore support vessel (OSV) company Icon Offshore Bhd has signed four conditional share sale and purchase agreements (SSPAs) with various vendors for proposed acquisitions.

Solarvest Bags EPCC Contract Potentially Worth RM142 Mln

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.

Bursa Malaysia Reverses Early Losses To End Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia recouped earlier losses to close marginally higher on Friday, buoyed by persistent buying in selected heavyweights led by Tenaga Nasional, amid the mostly upbeat performance in regional bourses.

Oriental Holdings 3Q Net Profit Falls 70.1 Pct To RM88.87 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Oriental Holdings Bhd has recorded a 70.1 per cent lower net profit to RM88.87 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM297.42 million in the same period last year.