Nestle Shares Soar Despite Reporting Lower 1Q Net Profit
KUALA LUMPUR, April 29 (Bernama) -- Nestle (Malaysia) Bhd shares soared in the morning trading session amid posting lower net profit for the first quarter (1Q) of 2025.
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Inari Amertron 'Oversold' -- RHB IB
KUALA LUMPUR, April 24 (Bernama) -- RHB Investment Bank Bhd (RHB IB) believes that Inari Amertron Bhd’s shares are oversold despite the uncertainties caused by the US-China trade war being only temporary.
Cahya Mata Shares Rise Following RM550 Mln State Contract For Kuching Convention Centre
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.
EcoWorld Up 4 Pct On PD Industrial Park Development
KUALA LUMPUR, April 21 (Bernama) -- Share prices of Eco World Development Group Bhd (EcoWorld) rose in early trade on Monday after signing a tripartite agreement with SD Guthrie Bhd and NS Corporation to transform 483.59 hectares in Bukit Pelandok, Port Dickson, into an integrated industrial park.
MSB Global Makes Ace Market Debut, Eyes Regional Growth, US Tariff Minimal Impact
KUALA LUMPUR, April 15 (Bernama) -- MSB Global Group Bhd said US tariffs will have a minimal impact on its business operations as the company’s supply chain and market focus remain primarily within Asia.
Hibiscus Shares Rise After PSC, Gas Sales Agreement Extensions
KUALA LUMPUR, April 10 (Bernama) -- Hibiscus Petroleum Bhd’s share price rose in early trade today following the announcement that the Petroleum Malaysia Field Three (PM3) commercial arrangement area production sharing contract (PM3 CAA PSC) and upstream gas sales agreement (UGSA) will continue.
Banking Sector Poised For Strong Loan Growth On Infra Projects, JS-SEZ, Renewable Energy Investments – MIDF
KUALA LUMPUR, April 2 (Bernama) -- The banking sector’s loan growth prospects remain strong, buoyed by a combination of major infrastructure projects like the Johor-Singapore Special Economic Zone and renewable energy investments, said MIDF Amanah Investment Bank Bhd.
Gas Malaysia Up 0.23 Pct In Late Morning
KUALA LUMPUR, April 2 (Bernama) -- The share price of Gas Malaysia Bhd was marginally higher late morning today following the Putra Heights gas pipeline inferno on Tuesday.
Petronas Gas Shares Down 1.30 Pct On Pipeline Fire Incident
KUALA LUMPUR, April 2 (Bernama) -- The share price of Petronas Gas Bhd (PGB) fell by 1.30 per cent in early trade today after the massive gas pipeline fire yesterday in Putra Heights, Selangor, which caused widespread damage and prompted an emergency evacuation of residents in the affected area.
Dayang Enterprise Higher In Early Trade After Securing Petronas Carigali Contracts
KUALA LUMPUR, March 25 (Bernama) -- Dayang Enterprise Holdings Bhd's share price rose in early trading today after securing three work order contracts from Petronas Carigali Sdn Bhd.
Lower Transportation, Regasification Tariffs Increase Competitiveness Of Gas Players -- MIDF Amanah
KUALA LUMPUR, March 21 (Bernama) -- MIDF Amanah Investment Bank Bhd said the reduced tariffs for transportation and regasification could increase the competitiveness of gas players, boosting export revenues and stimulating economic activity throughout the year.
HLIB Optimistic SMRT's Path To Profitability, Main Market Transfer
KUALA LUMPUR, March 14 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is confident SMRT Holdings Bhd is on track to fully eliminate accumulated losses and shift to retained earnings, positioning it for a transfer to the Main Market with stronger earnings expected in financial year 2025 (FY2025).