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CBH Engineering Inks Underwriting Agreement With Mercury Securities For IPO

KUALA LUMPUR, Nov 25 (Bernama) -- Mechanical and electrical (M&E) engineering service provider CBH Engineering Holding Bhd has signed an underwriting agreement with Mercury Securities Sdn Bhd for its proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Govt Pledges To Keep Health Inflation Moderate, Sarawak At 1.5 Pct

KUALA LUMPUR, Nov 25 (Bernama) -- The government is committed to ensuring that health inflation remains moderate, including in Sarawak, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

Hap Seng 3Q 2024 Net Profit Soars Nearly Fourfold To RM193.11 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Hap Seng Consolidated Bhd's (HSCB) net profit for the third quarter ended Sept 30, 2024 (3Q 2024) soared nearly fourfold to RM193.11 million, up from RM50.30 million in the same period last year.

Two-year MADANI Govt: Turning Challenges Into Accomplishments

KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.

Phase 2 Of PADU Registration To Proceed After Cabinet Nod - Rafizi

PUTRAJAYA, Nov 20 (Bernama) -- Registration for the second phase of the government’s Central Database Hub (PADU) will be opened after the Cabinet approves several criteria which are currently being refined by the ministries involved, said Economy Minister Rafizi Ramli.

Selangor Records RM90.21 Bln Investment In Manufacturing And Services Sectors

SHAH ALAM, Nov 20 (Bernama) -- A total of 2,132 investment projects in the manufacturing and services sectors have been approved in Selangor from 2023 to June 2024, with a combined investment value of RM90.21 billion, said Selangor Exco for Investment, Trade, and Mobility Ng Sze Han.

Malaysia’s record FDI Solidifies position As Key Economic Player In ASEAN - Forbes

KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia’s record achievement in attracting foreign direct investment (FDI) underscores its growing prominence as a key economic player within the ASEAN region.

Finance Bill 2024 To Amend Six Acts Tabled For First Reading

KUALA LUMPUR, Nov 19 (Bernama) -- The Finance Bill 2024 tabled in the Dewan Rakyat today aims to amend the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Petroleum (Income Tax) Act 1967, Finance Act 2012, and the Finance Act 2023.

UEM Sunrise Gets Nod For Mixed-used Residential Project In Perth

KUALA LUMPUR, Nov 18 (Bernama) -- UEM Sunrise Bhd has secured development approval from Development WA, the Western Australian state government’s central land and development agency, for its Subiaco East mixed-use residential project in Perth.

Swift Energy Inks Underwriting Agreement For ACE Market IPO

KUALA LUMPUR, Nov 18 (Bernama) -- Swift Energy Technology Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd for the company’s initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

Malaysia's Economic Growth To Remain Modest Amid External Challenges - Analyst

KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).

Rubber Market Ends Higher On Optimism Over China's Stimulus

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, buoyed by rising optimism that China would increase its economic stimulus measures to prop up its economy, a dealer said.