Kenanga IB Maintains 805,000 TIV Forecast In 2025 On Forward Buying Interest

KUALA LUMPUR, Jan 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained its 2025 total industry volume (TIV) forecast of 805,000 units for the automotive industry, supported by forward buying interest following the deferment of new excise duty regulations.

Westports Share Price Up After Posting Higher FY2024 Net Profit

KUALA LUMPUR, Jan 24 (Bernama) -- Westports Holdings Bhd’s share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) versus RM779.43 million in the preceding year. 

MRCB, ISSB Partner To Develop Ipoh Sentral

KUALA LUMPUR, Jan 23 (Bernama) -- Malaysian Resources Corporation Bhd’s (MRCB) wholly owned subsidiary, Country Annexe Sdn Bhd has entered into a memorandum of agreement (MOA) with Ipoh Sentral Sdn Bhd (ISSB) to develop Ipoh Sentral.

Pansar's Unit Secures RM477.69 Mln Highway Construction Contract

KUALA LUMPUR, Jan 21 (Bernama) -- Pansar Bhd's wholly-owned subsidiary, Perbena Emas Sdn Bhd, has been awarded a RM477.69 million contract by the Sarawak Public Works Department for the design and construction of a section of the Serian-Gedong-Samarahan Dual Carriageway Highway.

Bursa Malaysia Ends Higher On Bargain Hunting Despite Lingering US Tariff Uncertainty

Bursa Malaysia Opens Slightly Higher On Sustained Buying Interest

KUALA LUMPUR, Jan 21 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, supported by ongoing buying interest, as market participants reacted positively to reports that US President Trump refrained from unveiling new tariffs on China in his inauguration speech.

Mitrajaya Secures RM375.50 Mln Contract For Data Centre Construction

KUALA LUMPUR, Jan 17 (Bernama) -- Mitrajaya Holdings Bhd (MHB)’s wholly owned subsidiary, Pembinaan Mitrajaya Sdn Bhd, has secured a RM375.50 million contract from NEXTDC Sdn Bhd for data centre main works construction, here.

FBM KLCI To Test 1,730 Level This Year - Rakuten Trade

KUALA LUMPUR, Jan 16 (Bernama) -- Rakuten Trade Sdn Bhd anticipates the FTSE Bursa Malaysia KLCI (FBM KLCI) to test the 1,730 level this year, based on 16 times price-earnings ratio on 2025 earnings growth. 

Southern Score Builders' Unit Secures RM78.0 Mln Contract

KUALA LUMPUR, Jan 15 (Bernama) -- Southern Score Builders Bhd’s (SSBB) wholly-owned subsidiary, Southern Score Sdn Bhd (SSSB) has bagged a contract from Seribu Megah Sdn Bhd to undertake a proposed upgrading works on a detention pond in Kuala Lumpur worth RM78.0 million.

Bursa Malaysia's 4Q Net Profit Expected To Be Weaker On Lower Datv -- Aminvestment Bank

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia Bhd’s net profit for the fourth quarter (4Q) ended Dec 31, 2024, is expected to be weaker than that in 3Q 2024 due to a lower daily average trading value (DATV) for the securities market, according to AmInvestment Bank Bhd.

Uzma's Subsidiary Bags Contract Extension From Petronas Carigali Worth RM100 Mln

KUALA LUMPUR, Jan 10 (Bernama) -- Uzma Bhd’s subsidiary, Setegap Ventures Petroleum Sdn Bhd (SVP), has received a contract extension worth RM100 million for the provision of coiled tubing and services from Petronas Carigali Sdn Bhd.

Gamuda's Share Price Up After Securing RM8 Bln Penang LRT Contract

KUALA LUMPUR, Jan 14 (Bernama) -- Gamuda Bhd’s share price on Bursa Malaysia was higher at mid-morning after its consortium was appointed as the main contractor to deliver the first civil works package worth over RM8 billion for the Penang Light Rail Transit (LRT) project.