Local Institutions Maintain Bursa Malaysia Buying Streak For 10th Week

KUALA LUMPUR, Dec 30 (Bernama) -- Local institutions extended their support for Bursa Malaysia for the 10th consecutive week, with net purchases of domestic equities totalling RM416.9 million, according to MIDF Amanah Investment Bank Bhd (MIDF).  

Ringgit To Exhibit Softness In Thin Trading Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Dec 28 (Bernama) -- The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.

Bursa Malaysia Seeks Feedback On Depository Rules For Electronic CDS Statements

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia Bhd today issued a consultation paper seeking public feedback on the proposed amendments to the Rules of Bursa Malaysia Depository Sdn Bhd as it moves towards further digitisation in the issuance of securities account statements to depositors (CDS statements).

SME Sentiment Index Hits Record High In 2H 2024

KUALA LUMPUR, Dec 24 (Bernama) -- The small and medium enterprise (SME) sentiment index rose to 55.8 in the second half of 2024 (2H 2024), up from 54.7 in the first half (1H 2024), according to SME Bank Malaysia Bhd.

Perma-Pipe Posts Strong Q3 2024 Results With 29 Pct Increase In Net Income

KUALA LUMPUR, Dec 24 (Bernama) -- Perma-Pipe International Holdings Inc’s net income for the third quarter ended Oct 31, 2024 (Q3) increased to US$2.5 million from US$1.9 million in the same period last year, mainly driven by better project execution. (US$1=RM4.48)

PNB Declares 5.75 Sen Per Unit Income, RM10.1 Bln Payout For ASB

KUALA LUMPUR, Dec 24 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has announced a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2024 (FY2024).

LG Uplus KidsTopia Bags MSIT Award At 2024 Metaverse Alliance Conference

KUALA LUMPUR, Dec 23 (Bernama) -- LG Uplus, one of South Korea's leading telecom carriers, has been awarded the Science and ICT Minister’s Award at the 2024 Metaverse Alliance and Self-Regulation Achievement Sharing Conference for its children's platform, ‘KidsTopia’.

Local Institutions Extend Buying Streak On Bursa Malaysia For Ninth Week

KUALA LUMPUR, Dec 23 (Bernama) -- Local institutions continued to support Bursa Malaysia for the ninth consecutive week, recording net equity purchases of RM1.05 billion million last week, according to MIDF Research.

Bursa Malaysia Achieves 55 IPOs, Highest In 19 Years

KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia Bhd has made a significant achievement in 2024 with 55 initial public offerings (IPOs) listed on the exchange, the highest number of listings recorded in the last 19 years.

New Audit Exemption Criteria For Private Companies To Take Effect On Jan 1, 2025 - SSM

KUALA LUMPUR, Dec 18 (Bernama) -- The new criteria for the exemption of financial statement audits for private companies will take effect on Jan 1, 2025.

MRI-Simmons Joins Truthset Data Collective To Reaffirm Data Accuracy, Transparency

KUALA LUMPUR, Dec 18 (Bernama) -- MRI-Simmons, a provider of insights on the American consumer, has joined the Truthset Data Collective, a group of data providers uniting to ensure the highest degree of accuracy and quality for the marketing industry.

Rubber Market Ends Higher, SMR 20 Highest Since 2017

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 6 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, with the price of Standard Malaysian Rubber 20 (SMR 20) reaching its highest level since 2017, which recorded 933.5 sen per kilogramme (kg) in April, a dealer said.