Hartalega To Benefit From Recently Announced US Tariffs Revision On Chinese Glove Makers

KUALA LUMPUR, Oct 10 (Bernama) -- Hartalega Holdings Bhd is expected to benefit from the recently announced upward United States (US) tariff revision on Chinese glove makers moving forward.

Increasing WPL Threshold Will Be A Boon For Plantation Sector

KUALA LUMPUR, Oct 9 (Bernama) -- CIMB Securities Sdn Bhd believes that raising the windfall profit levy (WPL) threshold to around RM4,500 per tonne would benefit the plantation sector, ahead of Budget 2025 which will be presented on Oct 18.

Ireka's Unit Secures RM1.07 Bln Sub-contract For Pan Borneo Highway Project

KUALA LUMPUR, Oct 8 (Bernama) -- Ireka Corporation Bhd’s wholly-owned subsidiary, Shoraka Construction Sdn Bhd (SCSB), has won a RM1.07 billion highway construction sub-contract.

ITMAX Shares Up After Securing Smart Parking Operation Contract

KUALA LUMPUR, Oct 8 (Bernama) -- ITMAX System Bhd's shares on Bursa Malaysia rose in the early session today after the group’s subsidiary was appointed as the smart parking operator for 8,640 street parking bays by the Muar Municipal Council (MPM), Johor.

HLIB, RHB IB Maintain 'Buy' Call On Kossan Rubber Industries

KUALA LUMPUR, Oct 7 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Kossan Rubber Industries Bhd (KRI) to deliver a rather flattish third quarter for the financial year 2024 (3Q FY2024), due to domestic competition and stronger sequential earnings from 4Q FY2024 onwards.

Ringgit Expected to Remain Strong, Says AMRO Chief Economist

KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) expects the Malaysian ringgit to remain strong as one of the region’s best-performing currencies, according to chief economist Hoe Ee Khor.

Samaiden's Unit Bags RM39.17 Mln Negeri Sembilan Solar Photovoltaic Power Plant Project

KUALA LUMPUR, Oct 2 (Bernama) -- Samaiden Group Bhd’s wholly owned subsidiary, Samaiden Sdn Bhd, has secured a RM39.17 million main contract from Bahau Power Sdn Bhd to develop a 10-megawatt (MWac) large-scale solar photovoltaic power plant in Bahau, Negeri Sembilan.

Econpile Unit Secures Two Contracts Worth Combined RM33.3 Mln

KUALA LUMPUR, Oct 2 (Bernama) -- Econpile Holdings Bhd's wholly owned subsidiary, Econpile (M) Sdn Bhd, has secured two contracts worth a combined RM33.3 million from Sg Besi Construction Sdn Bhd.

KIP REIT Secures Approval For RM320 Mln Acquisition Of DPulze Shopping Centre

KUALA LUMPUR, Oct 2 (Bernama) -- KIP Real Estate Investment Trust (KIP REIT) has secured shareholders’ approval to acquire DPulze Shopping Centre in Cyberjaya for RM320 million.

Petronas Job Set To Add Up To RM120 Mln To MISC's Core Net Profit - CIMB Securities

KUALA LUMPUR, Oct 2 (Bernama) -- CIMB Securities Sdn Bhd expects the latest MISC Bhd’s liquefied natural gas (LNG) carriers construction contracts from Petronas to contribute RM47 million - RM120 million to its core net profit from the financial year 2027 (FY2027).

Bursa Malaysia Closes Higher On Bargain Hunting, CI Up 0.45 Pct

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to close higher today, buoyed by bargain hunting after three consecutive days of sell-off, an analyst said.

Bursa Malaysia Ends Morning Session Lower

By Zarul Effendi Razali

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia ended the morning session lower today, in line with the weaker performance in the regional markets due to the geopolitical concerns in the Middle East, said an analyst.