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KUALA LUMPUR, April 22 (Bernama) -- Cahya Mata Sarawak Bhd (CMSB) has experienced a notable increase in its share price following the announcement that its 51 per cent-owned subsidiary, CMS Land Sdn Bhd, secured a RM550 million contract from the Sarawak state government.
KUALA LUMPUR, April 17 (Bernama) -- Widad Group Bhd’s wholly-owned subsidiary, Widad Development (Nilai) Sdn Bhd, has signed a conditional sale and purchase agreement with Guper Bonded Warehouse Sdn Bhd to acquire four adjacent parcels of freehold industrial land valued at RM31.30 million.
KUALA LUMPUR, April 8 (Bernama) -- Panasonic Manufacturing Malaysia Bhd (PMMA) said that the gas supply disruption resulting from the Putra Heights fire is expected to impact the production of its fan and electric iron products, resulting in an estimated loss of revenue of approximately three per cent.
KUALA LUMPUR, April 8 (Bernama) -- Pelaburan Hartanah Bhd (PHB) and PHB Asset Management Bhd (PHBAM) have announced an interim income distribution of 2.50 sen per unit for its shariah-compliant unit trust, Amanah Hartanah Bumiputera (AHB), for the six-month period ended March 31, 2025.
KUALA LUMPUR, April 8 (Bernama) -- UOB Malaysia has been named Malaysia's Best Bank at the 32nd annual World's Best Bank Awards 2025 - Asia Pacific by Global Finance magazine.
KUALA LUMPUR, March 28 (Bernama) -- The Armed Forces Fund Board (LTAT) has demonstrated strong financial performance, highlighted by its highest dividend payout in seven years that reflected its effective management capabilities, said economists.
KUALA LUMPUR, March 27 (Bernama) -- Shares of Gamuda Bhd rose in early trade today, supported by stronger financial performance in the second quarter ended Jan 31, 2025 (2Q FY2025), driven by robust growth in domestic construction activities.
KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.
KUALA LUMPUR, March 20 (Bernama) -- Pelaburan Hartanah Bhd’s (PHB) net profit for the financial year ended Dec 31, 2024 (FY2024) more than tripled to RM117.2 million from RM31.7 million in the previous year.
KUALA LUMPUR, March 12 (Bernama) -- Active companies owned by agencies under the Ministry of Rural and Regional Development (KKDW) recorded a pre-tax profit of RM259.97 million in 2024, Deputy Minister Datuk Rubiah Wang said.
By Harizah Hanim Mohamed
KUALA LUMPUR, March 8 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to postpone the implementation of the proposed 30 per cent rise in port tariffs, particularly for container handling and storage, as it will have major implications on cost of doing business for manufacturers and shippers.
KUALA LUMPUR, March 4 (Bernama) -- Paramount Corporation Bhd is targeting RM1.5 billion in property sales in 2025 against last year’s RM1.389 billion, supported by launches of RM1.4 billion gross development value (GDV) across eight projects.
