Multiply Group To Acquire Majority Stake In Tendam, Expanding Into European Retail And Apparel Sector

KUALA LUMPUR, Feb 26 (Bernama) -- Multiply Group PJSC, the Abu Dhabi-based investment holding company, has agreed to invest in Castellano Investments S.À R.L., securing a controlling 67.91 per cent stake in the company, which owns Tendam Brands S.A.U. and other subsidiaries.

CPO Futures End Mostly Higher On Supply Concerns

KUALA LUMPUR, Feb 25 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher today, supported by concerns over tight supply, said an analyst.

Mavenir, Terrestar Complete Industry-first Satellite Voice Over NB-IoT Call In NTN Mode

KUALA LUMPUR, Feb 25 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, and Terrestar Solutions Inc, Canada’s premier mobile satellite operator, have achieved a groundbreaking milestone by successfully completing an industry-first Voice over Narrowband Internet of Things (NB-IoT) call in Non-Terrestrial Networks (NTN) mode.

FBM KLCI Expected To Remain Range-bound Between 1,570 And 1,600 Next Week

KUALA LUMPUR, Feb 22 (Bernama) -- Bursa Malaysia’s main index is expected to trade within a range of 1,570-1,600 next week, due to a lack of fresh catalysts, an analyst said.

Malaysia’s January 2025 Inflation Remains At 1.7 Pct

KUALA LUMPUR, Feb 21 (Bernama) -- Malaysia’s inflation rate remained at 1.7 per cent in January 2025, with the index points standing at 133.6 points compared to 131.4 points in the same month last year, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Rebounds To End At Intraday High On Bargain Hunting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 21 (Bernama) -- Bursa Malaysia rebounded to end at an intraday high today as bargain hunting emerged following a series of sell-offs, amid the upbeat regional market performance.

LBS Bina Shares Lower In Early Trade Despite Higher FY2024 Net Profit

KUALA LUMPUR, Feb 21 (Bernama) -- LBS Bina Group Bhd’s shares on Bursa Malaysia were lower in the early session, despite recording a higher net profit for the financial year ended Dec 31, 2024 (FY2024).

300,000 SMEs Record RM867 Mln In Export Sales Through E-commerce For 2021-2024

KUALA LUMPUR, Feb 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has coordinated efforts to develop the capabilities of approximately 300,000 micro, small, and medium enterprises (MSMEs) to successfully generate RM867 million in export sales through e-commerce platforms from 2021 to 2024.

Malaysia Records 3.1 Pct Growth For Trade In January - MITI

KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia’s trade recorded the 13th successive month of year-on-year growth in January 2025, rising 3.1 per cent to RM241.95 billion compared to January 2024, said the Ministry of Investment, Trade and Industry (MITI) today. 

Gas Malaysia Up On Higher FY2024 Net Profit

KUALA LUMPUR, Feb 19 (Bernama) -- Gas Malaysia Bhd’s shares on Bursa Malaysia rose in the morning session after it posted a higher net profit for the financial year ended Dec 31, 2024 (FY2024).

Hartalega Records 3Q Net Profit Of RM19.51 Mln

KUALA LUMPUR, Feb 18 (Bernama) -- Hartalega Holdings Bhd has recorded a lower net profit of RM19.51 million for the third quarter ended Dec 31, 2024, compared with a net profit of RM22.38 million posted in the same period a year ago.

CPO Futures Seen Lower Next Week On Weak Exports

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 15 (Bernama) --Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade slightly lower next week due to recent export weakness, said palm oil trader David Ng.