1y ago
KUALA LUMPUR, May 9 (Bernama) -- Asset Value Investors Ltd (AVI) has launched a campaign urging Wacom Corporation (Wacom) to improve its responsiveness to capital market expectations and announced the submission of shareholder proposals ahead of Wacom’s annual general meeting (AGM) scheduled for June.
1y ago
KUALA LUMPUR, May 8 (Bernama) -- Fibromat (M) Bhd made a lacklustre debut on Bursa Malaysia’s ACE Market today, following its transfer from the LEAP Market.
1y ago
KUALA LUMPUR, April 29 (Bernama) -- A third of global technology leaders believe their board have unrealistic expectations or demands on how new technologies like artificial intelligence (AI) will impact business performance—posing a serious hurdle to AI implementation globally.
1y ago
By Karina Imran
KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia ended in negative territory on Monday after a lacklustre trading session in tandem with the downbeat performance in most regional markets.
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, Jan 21 (Bernama) -- Standard Chartered Global Research expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) unchanged at 3.0 per cent at its monetary policy decision on Jan 22.
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) have reduced the acceptance condition of its offer to 85 per cent of Malaysia Airports Holdings Bhd’s (MAHB) total issued shares, enabling delisting of the airport operator.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Standard Chartered (Stanchart) forecasts the ringgit to reach 4.40 against the US dollar by the end of 2025, maintaining a positive outlook due to favourable positioning for domestic financial assets.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (the Consortium) have received valid offer acceptances of 1.40 billion shares, representing 84.1 per cent of the total number of issued shares in Malaysia Airports Holdings Bhd (MAHB).
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA), the consortium proposing to privatise Malaysia Airports Holdings Bhd (MAHB), remains steadfast on its RM11 per share offer price, despite recommendations from independent directors to reject it.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- The Malaysian offshore supply vessel (OSV) sector, particularly the accommodation work barges (AWB) segment, is expected to remain bullish due to persistent vessel supply tightness from years of underinvestment, according to Kenanga Investment Bank Bhd.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Shares of Kuala Lumpur Kepong Bhd (KLK) emerged as the top losers on Bursa Malaysia in early trade today after its latest financial results missed market expectations.