KUALA LUMPUR: – Leading global financial services firm JP Morgan said foreign investors are continuing to pursue opportunities in the Malaysian market.
KUALA LUMPUR: The Malaysia International Halal Showcase (Mihas 2015) has raked in RM1.1 billion in total sales over its four-day trade show last month.
KUALA LUMPUR: TA Investment Management Bhd (TAIM) has declared a gross income distribution of 1.5 sen per unit for TA Asia Pacific REITs Income Fund (TAREITs) and 0.8 sen per unit for TA Asian Dividend Income Fund (TADIF) to registered unit holders of the funds as of April 30, 2015.
KUALA LUMPUR: Hartalega Holdings Bhd’s pre-tax profit decreased to RM276.9 million for the financial year ended March 31, 2015 (FY15), from RM308.9 million a year ago.
HONG KONG: Asian stocks drifted Tuesday, reversing earlier gains, with China stocks taking fright as new share issues raised the prospect of a sell-off.
SINGAPORE: – The initial completion target of 2020 for the High Speed Rail (HSR) project linking Singapore and Kuala Lumpur will need to be re-assessed given the scale and complexity of the project.
KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) closed higher today, lifted by gains in selected heavyweights led by Petronas Chemicals and Genting. At 5 pm, the key index rose 9.15 points to 1,827.42 after fluctuating between 1,818.16 and 1,830.9 throughout the day.
KUALA LUMPUR: CIMB Bank Bhd saw healthy demand for its inaugural issuance of a US$313 million 30 years callable zero coupon notes, to be listed on the Taipei Exchange and the Bursa Malaysia.
BEIJING: The devaluation of currencies by some countries has led to sharp gains in the yuan which are hurting the competitiveness of Chinese exports, the trade ministry said on Tuesday.
KUALA LUMPUR: Sime Darby Bhd , the world’s largest listed palm oil firm, has indefinitely postponed an initial public offering of its automotive business that bankers had said could raise up to US$500 million.
KUALA LUMPUR: The high speed rail (HSR) project will boost efforts in Malaysia-Singapore economic integration process, said a research house.
PETALING JAYA : FIVE pre-qualified Tier 2 developers have bid for Kwasa Land’s next residential development in Kwasa Damansara, Selangor.
KUALA LUMPUR: The key index on Bursa Malaysia resumed trading in the positive territory this afternoon, lifted by gains in selected heavyweights led by Petronas Chemicals.
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KUALA LUMPUR: Malaysia will host a ministerial level Special Session of the Association of Natural Rubber Producing Countries (ANRPC) on Friday to discuss efforts towards ensuring long-term price stability.