Petronas Gas Expects RM60 Mln profit Impact In FY2025 Following Putra Heights Inferno
KUALA LUMPUR, May 26 (Bernama) -- Petronas Gas Bhd (PGB) is currently estimated to have a total profit impact of RM60 million for the financial year 2025 (FY2025).
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Bursa Malaysia Opens Marginally Higher But Retreats Thereafter
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter, weighed down by mild profit-taking in selected heavyweights as Wall Street slipped following the latest US tariff threats against the European Union (EU), analysts said.
Ringgit Set To Stay Firm With Upside Bias Against USD Next Week
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 24 (Bernama) -- The ringgit is expected to stay firm with an upside bias against the greenback next week, ahead of the release of US central bank meeting minutes and the US personal consumption expenditures inflation report.
Bursa Malaysia Higher In Early Trade
KUALA LUMPUR, May 23 (Bernama) -- Bursa Malaysia opened higher on Friday despite a muted Wall Street performance overnight.
Citadel Trustee Targets RM10 Bln Aum In Five Years Via Citadel Dynasty Trust
KUALA LUMPUR, May 20 (Bernama) -- Citadel Trustee Bhd, through its private wealth planning trust Citadel Dynasty Trust (CDT), expects to achieve its asset under management (AUM) target of RM10 billion within five years of the trust’s launch.
Airwallex Raises US$300 Mln At US$6.2 Bln Valuation To Expand Global Financial Infrastructure
KUALA LUMPUR, May 22 (Bernama) -- Airwallex, a global payments and financial platform for modern businesses, has completed a US$300 million Series F funding round at a US$6.2 billion valuation. (US$1=RM4.25)
Affin-AMMB Merger Will Be Dilutive Due To Significant New Shares Issuance - CIMB Securities
KUALA LUMPUR, May 21 (Bernama) -- CIMB Securities Sdn Bhd expects the potential merger between Affin Bank Bhd and AMMB Holdings Bhd to entail significant issuance of new shares, which will likely be quite dilutive.
Petronas Chemicals Shares Slip 4.57 Pct On Weaker 1Q2025 Earnings
KUALA LUMPUR, May 21 (Bernama) -- Petronas Chemicals Group Bhd (PCG) shares slipped by 4.57 per cent in early trading today after reporting weaker earnings for the first quarter ended March 31, 2025 (1Q2025).
Auto Sales To Cool In 2025 After Record High In 2024, Says HLIB
KUALA LUMPUR, May 21 (Bernama) -- Hong Leong Investment Bank (HLIB) expects the automotive sector’s total industry volume (TIV) for 2025 to normalise down to the 750,000-unit level, after achieving a record high of 816,700 units in 2024.
Bursa Malaysia Opens Mixed
KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia opened mixed on Wednesday, amid a weaker Wall Street performance overnight.
Bursa Malaysia Lower At Midday
KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia remained lower at the end of the morning trading session in the absence of fresh leads.
Bursa Malaysia Kicks Off Higher, Mirrors Wall Street Gains
KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, rebounding from yesterday’s decline as investors tracked an overnight rally on Wall Street.