Newsfeed – Business News
Government to implement structural reforms to curb rising medical insurance premiums
KUALA LUMPUR: The government will implement structural reforms to address the issue of rising medical inflation and enhance transparency in the healthcare expenditure system, said Finance Minister II Datuk Seri […]
Bursa Malaysia issues UMA query to NexG over sharp price drop
KUALA LUMPUR: Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to NexG Bhd following a sharp fall in the price and a surge in trading volume […]
Feytech signs MoU with South Korea’s DAS Corp for Hyundai Staria project
KUALA LUMPUR: Feytech Holdings Bhd’s wholly owned subsidiary, Feytech Sdn Bhd, has signed a memorandum of understanding (MoU) with South Korea’s DAS Corp to establish a technical collaboration. Read full […]
AGX Group secures VietJet logistics services deal in Vietnam
KUALA LUMPUR: AGX Group Bhd’s Vietnamese subsidiary, AGX Logistics (Viet Nam) Co. Ltd (AGX Vietnam), has entered into a freight forwarding and customs brokerage services agreement with VietJet Aviation Joint […]
Wasco Greenergy inks underwriting deal with CIMB IB and Maybank IB ahead of Main Market IPO
KUALA LUMPUR: Wasco Greenergy Bhd (Greenergy) has signed an underwriting agreement with CIMB Investment Bank Bhd (CIMB IB) and Maybank Investment Bank Bhd (Maybank IB) for its initial public offering (IPO) […]
Ringgit rebounds as weak US data, Fed uncertainty weigh on greenback
KUALA LUMPUR: The ringgit rebounded to close higher on Tuesday as weaker US economic data and uncertainty over the US Federal Reserve’s (Fed) next monetary policy move weighed on the greenback. Read full […]
Orkim inks underwriting agreement ahead of Main Market IPO
KUALA LUMPUR: Orkim Bhd has signed a retail underwriting agreement with CIMB Investment Bank Bhd, RHB Investment Bank Bhd, and Affin Hwang Investment Bank Bhd for its initial public offering […]
UUE Holdings bags biggest Singapore contract worth RM67.3mil
KUALA LUMPUR: UUE Holdings Bhd’s wholly owned subsidiary, Konnection Engineering Pte Ltd, has secured a S$20.9 mil (RM67.3 mil) contract from Wee Guan Construction Pte Ltd — its biggest order […]
PJBumi says unaware of reason behind UMA
KUALA LUMPUR: PJBumi Bhd said it is unaware of any development that could have led to the unusual market activity (UMA) in its shares, following a query from Bursa Malaysia […]
FBM KLCI edges higher amid broad sell-off as over 900 stocks fall
KUALA LUMPUR: The FBM KLCI managed to eke out modest gains on Tuesday even as overall market sentiment stayed cautious, with more than 900 stocks ending lower. Read full story […]