1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.
1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Jan 30 (Bernama) -- The delay in resumption of the Kuala Lumpur International Airport (KLIA) Aerotrain service, originally scheduled for January 2025, has been nothing short of disappointment after over two years of anticipation.
1y ago
KUALA LUMPUR, Jan 27 (Bernama) -- Local institutions extended their support for Bursa Malaysia for the 14th consecutive week, recording net purchases of RM551.6 million, according to MIDF Amanah Investment Bank Bhd (MIDF).
1y ago
SUBANG JAYA, Jan 24 (Bernama) -- U Mobile Sdn Bhd, Malaysia's second 5G network operator, plans to double its number of stores nationwide within the next two years.
1y ago
KUALA LUMPUR, Jan 23 (Bernama) -- The government is committed to prioritising enabling policies over direct intervention to drive creativity and growth in key industries for the 13th Malaysia Plan (13MP), Economy Minister Datuk Seri Rafizi Ramli said.
1y ago
KUALA LUMPUR, Jan 23 (Bernama) -- CapitaLand Malaysia Trust’s (CLMT) share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM187.15 million for the financial year ended Dec 31, 2024 (FY2024) versus RM163.66 million a year ago.
1y ago
KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia opened slightly lower on Thursday dragged down by selling in the heavyweights, particularly Public Bank and Tenaga Nasional.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- Local institutions remained net buyers for the 13th consecutive week on Bursa Malaysia, with net purchases of RM797.8 million, according to MIDF Amanah Investment Bank Bhd (MIDF).
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- AHAM Asset Management Bhd (AHAM Capital) has declared a total income distribution of RM1.11 billion for the financial year 2024, covering 89 wholesale and retail funds.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to extend its upward momentum in the coming week, building on Friday’s rebound following four days of sell-off, said an analyst.