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Top 30 FBM KLCI Stocks Likely To Stay Unchanged - MIDF

KUALA LUMPUR, April 14 (Bernama) -- MIDF Amanah Investment Bank Bhd expects the top 30 blue chips to remain unchanged in the upcoming semi-annual review of the FTSE Bursa Malaysia (FBM) KLCI in June this year.

Hibiscus Petroleum's EBITDA Exceeds RM 1 Bln For Three Consecutive Years - Chairman

KOTA BHARU, April 10 (Bernama) -- Hibiscus Petroleum Bhd recorded revenue of RM2.7 billion last year, with earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding RM1 billion for the third consecutive year.

West River Launches IPO Prospectus, Aims To Raise RM27.9 Mln

KUALA LUMPUR, April 10 (Bernama) – West River Bhd, a provider of mechanical and electrical (M&E) engineering services, has launched its prospectus in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd scheduled on May 5, 2025. 

Trump’s Tariff: A Test Of Malaysia’s Trade Resilience

By Dr Paul Anthony Maria Das

KUALA LUMPUR, April 10 (Bernama) -- United States (US) President Donald Trump’s sweeping decision to impose a 24 per cent blanket tariff on Malaysian imports is more than just a protectionist measure.

Maybank IB Maintains Positive Outlook On EMS Sector Despite Tariff Impact

KUALA LUMPUR, April 10 (Bernama) -- Maybank Investment Bank (Maybank IB) has maintained its positive outlook on the electronics manufacturing services (EMS) sector, despite the impact of new tariffs, which have weighed heavily on sector valuations.

Duopharma To Benefit From Its Integrated Business Model, Scale And Reach - Kenanga Investment

KUALA LUMPUR, April 9 (Bernama) -- Drug maker Duopharma Biotech Bhd is favoured for its integrated business model, scale and reach, Kenanga Investment Bank Bhd said in a note today.

Steel Hawk Expects Sustained Strong Momentum In FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, April 9 (Bernama) -- Oil and gas services provider Steel Hawk Bhd is expected to record double digit growth for its earnings and revenue in the financial year ending Dec 31, 2025 (FY2025), said executive director Datuk Sharman K. Michael.

Axiata To Exit Myanmar With US$150 Mln Divestment

KUALA LUMPUR, April 4 (Bernama) -- Axiata Group Bhd is exiting Myanmar after its subsidiary, Edotco Investments (Labuan) Ltd, signed a share purchase agreement (SPA) to sell its entire 87.5 per cent stake in Edotco Investments Singapore Pte Ltd for US$150 million (RM713 million).

Maybank IB Shaves GDP Growth Forecast To 4.3 Pct In 2025 Due To US Tariff

KUALA LUMPUR, April 4 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has revised Malaysia’s 2025 real gross domestic product (GDP) growth forecasts to 4.3 per cent from 4.9 per cent and to 4.0 per cent from 4.6 per cent for 2026.

AM Best Affirms "A" Rating For Hong Kong's CMB Wing Lung Insurance

KUALA LUMPUR, April 4 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) for Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.

Giesecke+Devrient Posts Record 3.132 Bln Euros Revenue In 2024, Maintains Growth Trajectory

KUALA LUMPUR, April 3 (Bernama) -- Giesecke+Devrient (G+D), a SecurityTech company, reported a record-breaking 3.132 billion euros in revenue for the 2024 fiscal year, surpassing its strong performance in 2023 despite challenging economic conditions. (1 Euro = RM4.85)

Gas Malaysia Implements Gas Supply Curtailment Following Putra Heights Incident

KUALA LUMPUR, April 2 (Bernama) -- Gas Malaysia Bhd has implemented a gas supply curtailment in several areas following the recent gas pipeline rupture in Putra Heights that led to the temporary closure of nearby gas facilities.