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CapitaLand Malaysia Trust Up After Posting Higher FY2024 Profit

KUALA LUMPUR, Jan 23 (Bernama) -- CapitaLand Malaysia Trust’s (CLMT) share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM187.15 million for the financial year ended Dec 31, 2024 (FY2024) versus RM163.66 million a year ago.

Bargain Hunting Expected To Support FBM KLCI Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to extend its upward momentum in the coming week, building on Friday’s rebound following four days of sell-off, said an analyst.

UEM Lestra Secures Offtakers For 1GW Hybrid Solar Power Plant Under CRESS

KUALA LUMPUR, Jan 17 (Bernama) -- UEM Lestra Bhd, a wholly-owned subsidiary and green industries arm of UEM Group Bhd, has secured offtakers for its National Energy Transition Roadmap (NETR) one-gigawatt (1GW) hybrid solar power plant project under the government’s Corporate Renewable Energy Supply Scheme or CRESS. 

Gamuda's RM6.6 Bln London Wall Project Breaks Ground, Secures RM2.75 Bln Development Loan

KUALA LUMPUR, Jan 17 (Bernama) -- Gamuda Bhd and London-based real estate investor Castleforge marked the next stage in their £1.2 billion (RM6.6 billion) redevelopment of 75 London Wall in the City of London with a groundbreaking ceremony and the signing of one of London’s largest property development loan in recent years, valued at £500 million (RM2.75 billion).

CPO Futures Close Lower In Absence Of Market-moving News

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 14 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives traded lower today in the absence of fresh market-moving news. 

CPO Futures Extend Gains Driven By Stronger Vegetable Oil Market In China

KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, extending its gains from last Friday.

Sapura Energy Gets Second Approval-in-principle From Financiers For Restructuring

KUALA LUMPUR, Jan 13 (Bernama) -- Sapura Energy Bhd has received written confirmation from the Corporate Debt Restructuring Committee (CDRC) on Jan 11, 2025, that MCF Financiers have provided their requisite additional approval-in-principle in respect of certain refinements to the terms of the proposed restructuring scheme (PRS). 

99 Speed Mart's Share Price Lower Despite Positive Outlook, Growth Strategies

KUALA LUMPUR, Jan 13 (Bernama) -- 99 Speed Mart Retail Holdings Bhd’s (99 Speed Mart) share price on Bursa Malaysia had slipped during the afternoon trading, despite analysts projecting a positive outlook based on the company’s growth strategies.

Bursa Malaysia Opens Lower, Tracking Wall St Losses

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia’s benchmark index opened lower on Monday, tracking Wall Street’s losses as markets anticipated a further slowdown in the US Federal Reserve’s interest rate easing cycle.

MIDA: Catalysing Malaysia's Economic Resilience, Future Growth In A Dynamic Global Landscape

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 12 (Bernama) -- Malaysia’s investment landscape in 2024 has once again showcased its resilience and adaptability, with the Malaysian Investment Development Authority (MIDA) at the forefront of driving economic growth through strategic investments, human capital development, digital and green economy initiatives.

Airbus Delivers 766 Commercial Aircraft In 2024

KUALA LUMPUR, Jan 10 (Bernama) -- Airbus delivered 766 commercial aircraft to 86 customers worldwide in 2024 compared to 735 planes in the previous year.