Gold Futures Close Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, April 17 (Bernama) – The gold futures contract on Bursa Malaysia Derivatives closed higher on Thursday, although the global gold market retreated amid the United States Federal Reserve’s (Fed) hawkish stance on US bonds, an analyst said.

Sunsuria's Unit Signs DRA With Kwasa Land For RM492 Mln Sungai Buloh Residential Project

KUALA LUMPUR, April 17 (Bernama) -- Sunsuria Bhd’s indirect wholly owned subsidiary, Sunsuria Damansara Sdn Bhd (SDSB), has entered into a development rights agreement (DRA) with Kwasa Development (13) Sdn Bhd (KD13), a unit of Kwasa Land Sdn Bhd, for a residential project in Sungai Buloh, Selangor, with an estimated gross development value of RM492 million.

MAG Not Seeking Capital Injection From Khazanah

KUALA LUMPUR, April 17 (Bernama) -- Malaysia Aviation Group (MAG) has indicated that it has no plans to seek further capital injection from its main shareholder, Khazanah Nasional Bhd. 

MASwings Handover: Has No Financial Impact On MAG - Capt Izham

KUALA LUMPUR, April 17 (Bernama) -- The handover of MASwings to the Sarawak state government will not have any financial impact on the Malaysia Aviation Group’s (MAG) profit and loss (P&L) statement.  

Hibiscus Petroleum Signs RM439 Mln Islamic Financing Deal With Brunei Banks

KUALA LUMPUR, April 17 (Bernama) -- Hibiscus Petroleum Bhd, through its wholly owned subsidiary Simpor Hibiscus Sdn Bhd, has signed a long-term US$100 million (RM439 million) Islamic syndicated financing agreement with Bank Islam Brunei Darussalam (BIBD) and Baiduri Bank.

Bina Puri Appoints Marcus Goh As GCEO, Mohd Kamarudin As Non-executive Director

KUALA LUMPUR, April 16 (Bernama) -- Bina Puri Holdings Bhd has appointed Marcus Goh Kee Lun as executive director cum group chief executive officer (GCEO) and Datuk Seri Mohd Kamarudin Md Din as an independent non-executive director.

Gold Futures Ends Higher Amid Growing Global Economic Uncertainties

By Danni Haizal Danial Donald

KUALA LUMPUR, April 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher on Wednesday, echoing gains on COMEX as growing global economic uncertainties strengthen the commodity, said an analyst.

Sapura Industrial Says Largely Insulated From US Tariffs, Monitors Indirect Impact

KUALA LUMPUR, April 16 (Bernama) -- Sapura Industrial Bhd (SIB) said it remains largely insulated for now from potential exposure to United States (US) tariffs, though it continues to monitor indirect impacts on its clients and export market demand.

U Mobile Names Huawei Malaysia, ZTE Malaysia As 5G Network Tech Partners

PUTRAJAYA, April 15 (Bernama) -- U Mobile Sdn Bhd has appointed Huawei Malaysia and ZTE Malaysia as its technology partners for its next-generation 5G network.

Gold Futures Close Slightly Higher On Cautious Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, April 15 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed marginally higher today, following gains on COMEX, as traders cautiously monitor the tariff situation, said an analyst.

SAS Aims To Replicate Regional AI Successes To Boost Malaysia's Banking Sector

KUALA LUMPUR, April 15 (Bernama) -- Global analytics and artificial intelligence (AI) firm SAS Institute Inc seeks to replicate successful risk and compliance strategies from other regional markets to help boost Malaysia’s banking and financial services industry.

F&NHB Marks Historic Import Of 2,500 Dairy Heifers From Chile

SEREMBAN, April 15 (Bernama) -- Fraser & Neave Holdings Bhd (F&NHB) has marked a milestone with its first batch of 2,500 dairy heifers from Chile to its integrated dairy farm in Gemas, Negeri Sembilan.