1y ago
KUALA LUMPUR, Feb 17 (Bernama) -- The Federal government and the Sarawak state government have accepted Sarawak’s oil industry aspirations as embodied under the Distribution of Gas Ordinance 2016 (Amendment) (DGO), said Prime Minister Datuk Seri Anwar Ibrahim today.
1y ago
KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia was weighed down by continuous selling in selected heavyweights at midday, led by the financial services and utilities sectors.
1y ago
KUALA LUMPUR, Feb 17 (Bernama) -- LPI Capital Bhd’s shares on Bursa Malaysia were flat in early trade today despite recording robust performance for its financial year ended Dec 31, 2024 (FY2024).
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.
1y ago
KUALA LUMPUR, Feb 14 (Bernama) -- LPI Capital Bhd’s net profit rose to RM377.09 million in the financial year ended Dec 31, 2024 (FY2024), up from RM313.73 million a year earlier, primarily due to higher profit from the general insurance segment.
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- CelcomDigi Bhd posted a slightly lower net profit of RM1.38 billion in the financial year ended Dec 31, 2024 (FY2024) from RM1.55 billion in the previous year.
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- CIMB Securities Sdn Bhd forecasts the Malaysian Pacific Industries Bhd (MPI) to issue a potential special dividend, given its strong net cash position of RM991 million as of September 2024.
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Public Bank Bhd’s (PBB) dividend yield is likely to climb to above 5.0 per cent from this year despite its flattish share price, said CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Feb 7 (Bernama) -- Petronas’ rightsizing efforts are to ensure that the national oil company can continuously contribute to nation-building, its president and chief executive officer Tengku Tan Sri Muhammad Taufik said today.
1y ago
KUALA LUMPUR, Feb 5 (Bernama) -- Ingredion Incorporated, a global provider of ingredient solutions, reported a net sales of US$1.8 billion for the fourth quarter (Q4) ended Dec 31, 2024 (FY2024) from US$1.921 billion, down six per cent for the same period previous year. (US$1=RM4.42)
1y ago
KUALA LUMPUR, Feb 4 (Bernama) – The Malaysia Co-operative Societies Commission (SKM) today announced 3.60 per cent dividend for the Cooperative Deposit Account (ADK) for the financial year ending Dec 31, 2024.
1y ago
KUALA LUMPUR, Feb 3 (Bernama) -- Fraser & Neave Holdings Bhd’s (F&N) net profit for the first quarter ended Dec 31, 2024 (1Q 2025) slipped to RM169.018 million from RM170.737 million recorded in 1Q 2024.