Newsfeed – Business News
LAC Med’s Main Market IPO 12.6 times oversubscribed
PETALING JAYA: LAC Med Bhd has garnered strong interest for its initial public offering (IPO) on the Main Market of Bursa Malaysia, with the public tranche oversubscribed by 12.6 times. […]
Matrix Concepts hands over RM50mil premium payment for MVV 2.0
KUALA LUMPUR: Matrix Concepts Holdings Bhd has handed over a RM50mil premium payment to the Negeri Sembilan state government for the Malaysia Vision Valley (MVV 2.0) project. Read full story […]
Sunway REIT appoints Derek Teh as new CEO
PETALING JAYA: Sunway Real Estate Investment Trust (Sunway REIT) has appointed Derek Teh Wan Wei as its chief executive officer (CEO). Read full story Date: 1 December, 2025 6:02 pm […]
AmBank, Huawei Malaysia sign RM350mil supply chain financing deal
KUALA LUMPUR: AmBank Group and Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) have signed a RM350 million supply chain financing deal to advance Malaysia’s digital infrastructure. Read full story Date: […]
FBM KLCI starts December on strong footing, hits two-week high
KUALA LUMPUR: The FBM KLCI kicked off the first day of December trading on a strong note, climbing to its highest level in nearly two weeks despite a broadly cautious […]
KLK appoints Tan Ting Min as independent director
KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) has appointed Tan Ting Min as an independent non-executive director effective Dec 1, 2025. Read full story Date: 1 December, 2025 6:02 pm […]
Oil rises 2% on OPEC+ output plan, supply worries
PERTH/SINGAPORE: Oil prices climbed 2% on Monday after OPEC+ members reaffirmed a plan to hold output steady and as the Caspian Pipeline Consortium halted exports after a major drone attack […]
EPF appoints Mohamad Hafiz as CIO, Ahmad Rizal as CFO
KUALA LUMPUR: The Employees Provident Fund (EPF) has appointed Mohamad Hafiz Kassim as its new chief investment officer (CIO), and Ahmad Rizal Omar as chief financial officer (CFO). Read full […]
Earnings momentum for IHH continues
PETALING JAYA: Analysts view earnings momentum for IHH Healthcare Bhd to be building across the group’s main markets, supported by medical tourism in Malaysia, stabilisation in Singapore and rising margins […]
Asian stocks slip; yen firms as Ueda comments boost rate hike hopes
SINGAPORE: Stocks fell on Monday after a strong end to November as a bout of risk aversion gripped markets even as U.S. rate-cut optimism remained intact, while the beaten-down yen […]