Mah Sing Unit To Buy Land In Old Klang Road For RM112.97 Mln

KUALA LUMPUR, Nov 7 (Bernama) -- Mah Sing Group Bhd’s wholly-owned unit Major Land Development Sdn Bhd has entered into a sale and purchase agreement with Pink Forest Sdn Bhd for a proposed acquisition of 2.12 hectares of freehold land along Old Klang Road for RM112.97 million.

Bursa Malaysia Ends Higher On Positive Sentiment, CI Up 0.83 Pct

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia closed higher today, buoyed by supportive local economic policies, positive sentiment from strong technology stocks earnings, and a favourable United States (US) market outlook, an analyst said.

Gagasan Nadi Cergas To Acquire Student Hostel Asset Management For RM185 Mln

KUALA LUMPUR, Nov 5 (Bernama) -- Gagasan Nadi Cergas Bhd has proposed the strategic acquisition of a student hostel asset management concession valued at RM185 million.

TCS Unit Bags RM86.38 Mln Contract To Build Factories For Sime Darby Property

KUALA LUMPUR, Nov 5 (Bernama) -- TCS Group Holdings Bhd’s wholly owned subsidiary TCS Construction Sdn Bhd (TCSC) has secured an RM86.38 million contract from Sime Darby Property Bhd to construct 60 units of two-storey semi-detached factories in Elmina Business Park, Selangor.

Bursa Malaysia Reverses Early Losses To End Higher Ahead Of MPC Outcome

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia recouped earlier losses to close higher today as late buying lifted the benchmark index to its intraday high on market expectations that Bank Negara’s Monetary Policy Committee (MPC) will maintain the Overnight Policy Rate (OPR) at its meeting tomorrow.

Rubber Market Ends Lower Amid Regional Futures Downtrend

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, following the downtrend in the regional rubber futures market and the strengthening of the ringgit against the United States (US) dollar, a dealer said.

Bursa Malaysia Ends Higher Lifted By Plantation, Construction Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Monday, driven by bargain hunting in heavyweights with a focus on plantation and construction stocks.

Rehda: Imposing Home Purchase Limits May Hurt Housing Sector, Economy

KUALA LUMPUR, Nov 4 (Bernama) -- The Real Estate and Housing Developers’ Association Malaysia (Rehda) has cautioned that imposing limits on the number of residential units that Malaysians can purchase for investment may cause a collapse in the housing sector.

Influx Of Multinational Companies Boosts Kuala Lumpur’s Office Market Competitiveness - Knight Frank  

KUALA LUMPUR, Nov 4 (Bernama) -- The influx of multinational companies seeking regional headquarters in Kuala Lumpur (KL) is contributing to a more competitive office landscape, according to Knight Frank. 

IMF Sees Robust 4.6 Pct growth For ASEAN In 2024, Revises Upward Malaysia's GDP Growth Forecast

KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.

SD Guthrie Lifts FBM KLCI To End Above Key 1,600 Support Level

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 1 (Bernama) -- A rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high today, lifted Bursa Malaysia’s barometer index to breach above the key psychological support level of 1,600 on Friday.

Gamuda Unit Bags RM451.4 Mln Contract To Build Cyberjaya Data Centre

KUALA LUMPUR, Nov 1 (Bernama) -- Gamuda Bhd’s wholly-owned subsidiary, Gamuda Engineering Sdn Bhd, has secured a contract worth RM451.4 million from BCEI Malaysia Sdn Bhd to build a data centre in Cyberjaya.