Economist Forecasts Ringgit To Reach RM4.45 Vs US Dollar By Year-end
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.
| LATEST NEWS | Muslims in Indonesia to celebrate Aidilfitri on Saturday, March 21 – Religious Affairs Minister | Muslims in Thailand to celebrate Aidilfitri on Saturday - Sheikhul Islam | Muslims in Singapore to celebrate Aidilfitri on Saturday (March 21) - Singapore Mufti | Muslims in Malaysia will celebrate Aidilfitri on Saturday, March 21 - Keeper of the Rulers’ Seal | Ringgit eases to 3.9330/9415 versus US dollar at the close from 3.9145/9205 on Wednesday | |
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TechStore Eyes RM25 Mln From IPO To Drive Expansion
KUALA LUMPUR, Jan 22 (Bernama) -- Enterprise IT services provider TechStore Bhd aims to raise RM25 million from its initial public offering (IPO) en route to an ACE Market listing on Feb 18, 2025.
YNH Property To Dispose Of Aeon Mall Seri Manjung For RM138 Mln
KUALA LUMPUR, Jan 21 (Bernama) -- YNH Property Bhd’s wholly-owned subsidiaries, Kar Sin Bhd and YNH Hospitality Sdn Bhd, have disposed of Aeon Mall Seri Manjung for RM138.0 million.
ACE Market-bound RichTech Aims To Raise RM13.67 Mln From IPO
KUALA LUMPUR, Jan 21 (Bernama) -- Electronic reloads distributor and bill payment service provider RichTech Digital Bhd, which is en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM13.67 million through its initial public offering (IPO).
Bursa Malaysia Maintains Positive Momentum At Noon
KUALA LUMPUR, Jan 21 (Bernama) -- Bursa Malaysia maintained its uptrend at midday, supported by buying activity in selected heavyweight stocks, particularly in industrial products and services, utilities, and financial services.
WTK Unit Proposes RM1.0 Bln Sukuk Wakalah Programme
KUALA LUMPUR, Jan 20 (Bernama) -- WTK Holdings Bhd’s wholly-owned subsidiary, WTK Capital Sdn Bhd, has proposed an Islamic medium-term notes programme of up to RM1.0 billion in nominal value based on the Shariah principle of Wakalah Bi Al-Istithmar (Sukuk Wakalah Programme).
Technology, Renewable Energy Sectors To Define Malaysia's 2025 IPO Market -- Moomoo Malaysia
KUALA LUMPUR, Jan 17 (Bernama) -- Several trends in the technology and renewable energy sectors are expected to define Malaysia’s initial public offering (IPO) market in 2025, said Moomoo Securities Malaysia Sdn Bhd (Moomoo Malaysia).
Uni-Fuels Raises US$8.4 Mln In Successful IPO Closing
KUALA LUMPUR, Jan 16 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) has successfully closed its underwritten initial public offering (IPO) of 2,100,000 Class A Ordinary Shares at a public offering price of US$4.00 per share, raising total gross proceeds of US$8.4 million before underwriting discounts and commissions. (US$1 = RM4.49)
ACE Market-Bound Colform Group Aims to Raise RM41.19 Mln From IPO
KUALA LUMPUR, Jan 15 (Bernama) -- Sabah-based steel product maker Colform Group Bhd aims to raise RM41.19 million through its initial public offering (IPO), en route to its listing on the ACE Market of Bursa Malaysia on Feb 10, 2025.
Oriental Kopi IPO Oversubscribed 60 Times Ahead Of ACE Market Debut
KUALA LUMPUR, Jan 14 (Bernama) -- Food and beverage (F&B) chain operator Oriental Kopi Holdings Bhd’s initial public offering (IPO) has been oversubscribed by approximately 60 times.
Yinson Indirect Unit Secures RM4.48 Bln Investment From Consortium Of Global investment Firms
KUALA LUMPUR, Jan 14 (Bernama) -- Yinson Holdings Bhd’s indirect wholly owned subsidiary Yinson Production Offshore Holdings Ltd (YPOHL) has secured US$1 billion (RM4.48 billion) investment from a consortium of international investment firms to drive further growth.
Keyfield's Vessel Acquisition To Increase FY2025f Core Net Profit By Seven Pct -- AmInvest
KUALA LUMPUR, Jan 7 (Bernama) -- Keyfield International Bhd’s platform supply vessel (PSV) acquisition is expected to provide a seven per cent increase towards the group’s financial year 2025 (FY2025F) core net profit (CNP) forecast, according to AmInvestment Bank Bhd (AmInvest).