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Malakoff Back In The Black In FY2024

KUALA LUMPUR, Feb 21 (Bernama) -- Malakoff Corporation Bhd returned to the black in the financial year ended Dec 31, 2024 (FY2024) with a net profit of RM268.69 million from a net loss of RM837.16 million in FY2023.

PCG Records Lower Net Profit In FY2024, Declares 3.0 Sen Second Interim Dividend

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Chemicals Group Bhd’s (PCG) net profit fell to RM1.175 billion in the financial year ended Dec 31, 2024 (FY2024) from RM1.696 billion in the preceding year.

Rubber Market Ends Mixed Amid Tariff Concerns And Oil Price Decline

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 21 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, tracking declines in regional rubber futures markets amid rising concerns over the US trade tariff decision, said a dealer.

MISC’s Net Profit Slips To RM1.19 Bln In FY2024 From RM2.12 Bln In FY2023

KUALA LUMPUR, Feb 21 (Bernama) -- MISC Bhd’s net profit for the financial year ended Dec 31, 2024 (FY2024) declined to RM1.19 billion from RM2.12 billion registered in 2023.

Menlo Security Acquires Votiro To Enhance Data Security For Enterprises

KUALA LUMPUR, Feb 20 (Bernama) -- Menlo Security, the industry leader of secure enterprise browsers, has announced its acquisition of Votiro, a data and file security platform that specialises in advanced Content Disarm & Reconstruction (CDR) and data loss prevention.

EPF Earns RM102 Mln From MAHB Share Sales In 2023 -- Amir Hamzah

KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) shares were sold at between RM6.80 to RM7.70 per unit, generating RM102 million for the Employees Provident Fund (EPF) 2023 dividend distribution, said Finance Minister II Amir Hamzah Azizan.

Rubber Market Closes Mixed Amid Weaker Futures, Stronger Ringgit

By Fatin Umairah Abdul Hamid

 KUALA LUMPUR, Feb 19 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Wednesday, influenced by a downtrend in regional rubber futures markets and the strengthening of the ringgit against the United States (US) dollar, said a dealer.

Late Buying Lifts Bursa Malaysia To End At Intraday High

KUALA LUMPUR, Feb 18 (Bernama) -- Bursa Malaysia’s main index pared its earlier losses to end at its intraday high on Tuesday, driven by late buying in heavyweights and in line with most regional markets.

Consortium's MAHB Voluntary Offer Is New Long-Term Investment For EPF- MOF

KUALA LUMPUR, Feb 18 (Bernama) -- Allegations that the Employees Provident Fund (EPF) suffered losses from the sale of Malaysia Airports Holdings Bhd (MAHB) shares are unfounded, according to the Ministry of Finance (MoF).

Langkawi Tourism Revenue Increases 35 Pct To RM2.4 Bln From 2022-2024 - MOF

KUALA LUMPUR, Feb 17 (Bernama) -- Tourist arrivals in Langkawi post-COVID-19 showed an increase of 323,115 people, or 11 per cent, from 2022 to 2024, according to data from the Ministry of Finance (MOF).

Ringgit In Right Direction Despite Uncertainties Caused By US Trade War - BNM Governor

KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit is moving in the right direction despite the uncertainties caused by the United States’ (US) trade war, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Bursa Malaysia's Key Index Ends Lower On Selling By Foreign Funds

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia’s main index finished lower today as selling by foreign funds persisted, amid the better performance in most regional markets.