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KLK Shares Drop 4 Pct As Earnings Miss Estimates

KUALA LUMPUR, Nov 27 (Bernama) -- Shares of Kuala Lumpur Kepong Bhd (KLK) emerged as the top losers on Bursa Malaysia in early trade today after its latest financial results missed market expectations.

Maybank's Net Profit Rises 7.6 Pct To RM2.54 Bln In 3Q 2024

KUALA LUMPUR, Nov 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit rose by 7.6 per cent to RM2.54 billion in the third quarter ended Sept 30, 2024, compared with RM2.36 billion in the same period last year.

CGS Promotes John Samuel To COO, Driving Innovation, Enhancing Operational Excellence

KUALA LUMPUR, Nov 26 (Bernama) -- Computer Generated Solutions Inc (CGS), a global provider of software applications, enterprise learning, customer experience, and business process outsourcing services, announced the promotion of John Samuel to Chief Operating Officer (COO).

Petronas Dagangan Share Price Surges On Strong 3q Net Profit

KUALA LUMPUR, Nov 26 (Bernama) -- Petronas Dagangan Bhd's shares climbed nearly five per cent following a strong surge in net profit announced yesterday.

Petronas Dagangan's 3Q Net Profit Almost Doubles On Strong Margins

KUALA LUMPUR, Nov 25 (Bernama) -- Petronas Dagangan Bhd (PetDag) almost doubled its net profit in the third quarter ended Sept 30, 2024 (3Q24) to RM335.13 million against RM184.72 million in the same period of 2023, thanks to strong margins negated by elevated operating expenditure in line with increased activities.

RHB Investment Bank To Divest Equity Interest In RHB Securities Thailand

KUALA LUMPUR, Nov 25 (Bernama) -- RHB Investment Bank Bhd, a wholly-owned subsidiary of RHB Bank Bhd, will divest approximately 99.95 per cent of its equity interest in RHB Securities (Thailand) Public Company Ltd and exit the Thailand stockbroking and securities market.

Bursa Malaysia Extends Last Week's Momentum To Open Higher

KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia extended last week’s momentum to open higher today, tracking the better overnight performance on Wall Street as investors continued to bet on “buy crypto and dollar” following Donald Trump’s election victory.

Rackson Group To Transform Bayan Lepas Skyline With RM1.5 Bln GDV Project

GEORGE TOWN, Nov 23 (Bernama) -- Rackson Group has unveiled a landmark RM1.5 billion gross development value (GDV) project in Bayan Lepas, featuring Le Meridien Penang Airport and Avion Serviced Apartments.  

Negeri Sembilan Tables Budget 2025 Totalling RM590 Million -- MB Aminuddin

SEREMBAN, Nov 22 (Bernama) -- The Negeri Sembilan government today tabled a balanced budget for 2025 with a projected revenue totalling RM590.0 million and an equivalent estimated operating expenditure,  including a development budget allocation of RM135 million.

Malaysia's Inflation At 1.9 Pct In Oct 2024 - DOSM

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year, according to the Department of Statistics Malaysia (DoSM).

DRB-Hicom Posts RM282.56 Mln Pre-tax Profit For First Nine Months Of FY2024

KUALA LUMPUR, Nov 21 (Bernama) -- DRB-Hicom Bhd posted a pre-tax profit of RM282.56 million for the first nine months ended Sept 30, 2024 (9M FY2024) supported by stable revenue of RM12.23 billion, reflecting a marginal increase of 1.2 per cent compared to the same corresponding period last year.

Bank Rakyat Issues Inaugural RM500 Mln ASEAN Sustainability SRI Sukuk

KUALA LUMPUR, Nov 21 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat), via Imtiaz Sukuk II Bhd, has issued its maiden RM500 million ASEAN Sustainability SRI (Sustainable and Responsible Investment) Sukuk.