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ALPS Global Aims To Raise US$100 Mln Via Nasdaq IPO

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 15 (Bernama) – Integrated biotech group ALPS Global Holding Bhd, which is en route to a Nasdaq listing in the fourth quarter of 2024, aims to raise US$100 million to fund its expansion, clinical studies, and manufacturing plant.

Ringgit Breaches 4.30 Level Against US Dollar, Hits 20-month High

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.

Sunway Malls Breaks Record With Six Wins At PPK Malaysia Awards

 KUALA LUMPUR, Sept 13 (Bernama) -- Sunway Malls made history by securing the highest number of awards ever won by a mall group, at the Persatuan Pengurusan Kompleks (PPK) Malaysia Awards, taking home six awards in the seventh edition of the prestigious event.

Bursa Malaysia Suspends Short-selling Of APB Resources Shares

KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia has suspended intraday short-selling (IDSS) for APB Resources Bhd (5568) for the rest of the day as the last done price of the approved securities dropped more than 15 per cent or 15 Sen.

Growing Climate Risks And Greenwashing Fears Threaten Bank Creditworthiness

KUALA LUMPUR, Sept 13 (Bernama) -- As climate-related risks become a growing concern for financial institutions, banks are increasingly exposed to vulnerabilities across various regions and sectors.

 

No Major Change Expected In Chip Industry Post-US Elections - Tengku Zafrul

KUALA LUMPUR, Sept 13 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz said today that Malaysia expects no major change in the chip industry post-United States presidential election on Nov 5, 2024.