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Foreign Investors Pull US$564.9 Mln From Asian Markets, Local Institutions Provide Support - MIDF

KUALA LUMPUR, March 24 (Bernama) --  Foreign investors remained net sellers across eight Asian markets, with total outflows reaching US$564.9 million last week.

SC Approves 21 Equity Applications In 2024 With Total Market Capitalisation Of RM21.39 Bln

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) approved 21 equity applications, including 10 initial public offerings (IPOs), on the Main Market of Bursa Malaysia with a total market capitalisation of RM21.39 billion in 2024.

GLICs Urged To Invest Around RM120 Bln over 5 Years For Economic Growth

KUALA LUMPUR, March 20 (Bernama) -- Government-linked investment companies (GLICs) have been urged to make domestic direct investments (DDI) of about RM120 billion over five years to stimulate the country's economic growth, said Prime Minister Datuk Seri Anwar Ibrahim.

PEOPLElogy Signs Underwriting Agreement With Kenanga IB For IPO

KUALA LUMPUR, March 19 (Bernama) -- PEOPLElogy Bhd has signed an underwriting agreement with Kenanga Investment Bank Bhd for its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia.

ACE Market-bound SumiSaujana Aims To Raise RM74.4 Mln From IPO

KUALA LUMPUR, March 13 (Bernama) -- ACE Market-bound oil and gas (O&G) specialty chemicals manufacturer SumiSaujana Group Bhd aims to raise RM74.4 million from its initial public offering (IPO).

Maintenance Fees: A Snowball That Can Trigger An Avalanche

KUALA LUMPUR, March 12 (Bernama) -- The issue of unpaid maintenance fees is a snowballing crisis, that, if unaddressed, can escalate into a major threat to property value and living conditions.

Capital A Eyes Exit From PN17 By May 2025

SEPANG, March 10 (Bernama) -- Capital A Bhd is eyeing to exit from Practice Note 17 (PN17) status by May 2025 after receiving approval from shareholders and the High Court on its regularisation plan.

4.89 Mln Ha Of Oil Palm Land MSPO Certified As At December 2024 - Chan

KUALA LUMPUR, March 10 (Bernama) -- A total of 4.89 million hectares (ha), or 86.47 per cent of palm oil cultivation areas in Malaysia, have received certification under the Malaysian Sustainable Palm Oil (MSPO) standard as of Dec 31, 2024, demonstrating Malaysia’s commitment to sustainability.

Bursa Malaysia Remains Lower At Midday On Selling Pressure

KUALA LUMPUR, March 7 (Bernama) -- Bursa Malaysia remained lower at midday on selling pressure in selected utilities, plantation, telecommunications, and media stocks.

Temp Connect Launches Globally, Revolutionising Staffing With Innovative Hiring Solutions

KUALA LUMPUR, March 5 (Bernama) -- Temp Connect, a groundbreaking platform designed to redefine staffing, has announced its global launch with a mission to revolutionise the staffing industry and offer innovative solutions for a modern workforce.

Malaysian Capital Market’s 50 Pct Adv Rise In 2024 Shows Investor Confidence -- Amir Hamzah

KUALA LUMPUR, March 4 (Bernama) — The Malaysian capital market’s average daily value (ADV) growth rose by more than 50 per cent to RM3.15 billion in 2024 from RM2.06 billion in 2023 underscores investor confidence and interest, according to Second Finance Minister Senator Datuk Seri Amir Hamzah Azizan.

WCT Gets Nod From SC To List Paradigm REIT

KUALA LUMPUR, March 3 (Bernama) -- WCT Holdings Bhd has received approval from the Securities Commission Malaysia (SC) to establish and list Paradigm Real Estate Investment Trust (Paradigm REIT) on the Main Market of Bursa Malaysia.