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Favelle Favco to Acquire France-based Seram Industries In Deal Worth Up To RM47.45 Mln

KUALA LUMPUR, Jan 12 (Bernama) -- Favelle Favco Bhd plans to acquire France-based Seram Industries SAS in a deal worth up to RM47.45 million.

Ringgit Ends Firmer As Concerns Over Fed Independence Weigh On US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 12 (Bernama) -- The ringgit closed firmer against the greenback on Monday as concerns over the US Federal Reserve’s (Fed) independence weighed on the American dollar.

Malaysian Property Sector To Stabilise In 2026 On Cautious Launches, Govt Projects

KUALA LUMPUR, Jan 12 (Bernama) -- Malaysia's property sector is expected to stabilise in 2026, with industry players cautiously launching their projects, coupled with the implementation of federal and state government projects such as Bandar MADANI and affordable homes which are steadily taking shape.

Sunway Proposes Conditional Takeover Offer To Acquire IJM Corp At RM3.15 Per Share

KUALA LUMPUR, Jan 12 (Bernama) -- Sunway Bhd has proposed a conditional voluntary takeover offer to acquire the entire 3.51 billion shares in IJM Corp Bhd at an offer price of RM3.15 per share.  

Bursa Malaysia Climbs To Fresh 6-year High On Sustained Buying Interest

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 12 (Bernama) -- Bursa Malaysia’s benchmark index extended its upward momentum to close at a fresh six-year high today, supported by sustained buying interest in heavyweight and plantation stocks, in tandem with stronger performances across regional markets.

CPO Prices Seen Averaging At RM4,100 Per Tonne In 2026 – Maybank IB

KUALA LUMPUR, Jan 12 (Bernama) -- Crude palm oil (CPO) prices are expected to average at RM4,100 per tonne in 2026, said Maybank Investment Bank Bhd (Maybank IB).

Foreign Investors Turn Net Buyers With RM42.5 Mln Equities Inflow Last Week – MBSB Investment

KUALA LUMPUR, Jan 12 (Bernama) -- Foreign investors turned net buyers of Bursa Malaysia equities last week, snapping a four-week selling streak, with net inflows of RM42.5 million.

Bursa Malaysia Ends Morning Session Higher, Key Index Up 0.44 Pct

KUALA LUMPUR, Jan 12 (Bernama) -- Bursa Malaysia ended the morning session higher, with the key index rising by 0.44 per cent amid buying support for banking and plantation counters.

Richmond Asia Group Targets 20-hotel Portfolio In Malaysia By 2033

KUALA LUMPUR, Jan 12 (Bernama) -- Richmond Asia Group plans to expand its hospitality portfolio in Malaysia to 20 hotels over the next eight years.

Ringgit Opens Marginally Lower As US Policy Repricing Lifts DXY

KUALA LUMPUR, Jan 12 (Bernama) --  The ringgit opened marginally lower on Monday versus the greenback, pressured by a firmer US Dollar Index (DXY) as markets repriced United States monetary policy following softer jobs data, an economist said.

Ringgit Gains Against Singapore Dollar Unlikely To Hit Trade

JOHOR BAHRU, Jan 11 (Bernama) -- The ringgit’s recent strengthening to around 3.16 against the Singapore dollar was expected and has had little impact on cross-border trade between Malaysia and Singapore, an academic said.