Ananda Krishnan Leaves Behind Indelible Mark In Corporate Malaysia

KUALA LUMPUR, Nov 28 (Bernama) – Ananda Krishnan, who died today aged 86, leaves an indelible mark in corporate Malaysia having founded several top-notch companies and emerging as among Malaysia’s richest men.

Bursa Falls Below 1,600 Level, tycoon Ananda Krishnan’s Companies See Shares Decline

KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia extended its downtrend in mid-afternoon trade with the benchmark index below the crucial 1,600 level as regional markets followed Wall Street’s downbeat performance overnight.

Hong Leong Bank Posts Higher 1Q Net Profit Of RM1.09 Bln

KUALA LUMPUR, Nov 28 (Bernama) -- Hong Leong Bank Bhd’s net profit rose 5.8 per cent to RM1.09 billion in the first quarter ended Sept 30, 2024 (1Q FY2025) from RM1.03 billion in the same period last year.

Bumi Armada Profit Rises 19 Pct To RM211.33 Mln In 3Q

KUALA LUMPUR, Nov 22 (Bernama) -- Bumi Armada Bhd’s net profit increased by 19 per cent to RM211.33 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM177.77 million in the same period last year.

Airbus Helicopters Eyes Growth In Malaysia, Asia-Pacific Amid Rising EMS Demand

SUBANG JAYA, Nov 19 (Bernama) -- Airbus Helicopters is optimistic about its growth in Malaysia and the Asia-Pacific region through 2025, driven by rising demand in both civil and military sectors, particularly for emergency medical services (EMS), as the region’s economic development and security needs expand.

Bursa Malaysia Opens Marginally Higher Despite Weaker Wall St

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia’s key index opened marginally higher today despite a weaker Wall Street showing last Friday, as analysts cautioned that the Trump-inspired rally may have run its course following the Republicans’ control of both the House and Senate.  

Bursa Malaysia Ends Week On Softer Note, CI Below Key 1,600 Level

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia ended the week on a softer note, with the key index closing at its intraday low, in the absence of buying catalysts amid regional weakness as global economic uncertainties and geopolitical concerns kept investors edgy. 

Bursa Malaysia Pares Gains To Head Lower At Midday

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia pared earlier gains to head into the midday break lower, with selling pressure seen across the board despite the release of positive third-quarter gross domestic product (GDP) figures released at noon.

Bursa Malaysia Opens Higher On Renewed Buying Interest

KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia’s key index opened higher today on renewed buying interest, bucking the weaker Wall Street overnight performance.

MTD Capital Eyes New Markets, High-growth Sectors For Expansion

KUALA LUMPUR, Nov 15 (Bernama) -- MTD Capital Bhd is exploring new markets and high-growth sectors to drive future expansion, assessing strategic partnerships and business opportunities both within and beyond the real estate sector.

KUSKOP, QSB Can Work Together To Develop SMEs In Sabah - Ewon

KOTA KINABALU, Nov 14 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) and Qhazanah Sabah Bhd (QSB) have the potential to work together to foster the development of small and medium enterprises (SMEs) in Sabah.

Bumi Armada, MISC Sign MOU To Explore Offshore Business Merger

KUALA LUMPUR, Nov 14 (Bernama) -- Bumi Armada Bhd has signed a non-binding memorandum of understanding (MoU) with MISC Bhd to explore the possibility of merging with the latter’s offshore business through an all-share transaction.