Newsfeed – Business News
Hibiscus focuses on delivering development pipeline to lift production
Hibiscus Petroleum Bhd is firmly in execution mode, with the company focused on delivering its development pipeline to lift production by 40% to 50% to 35,000 barrels of oil equivalent […]
T7 Global unit wins PETRONAS Carigali deal
T7 Global Bhd’s wholly-owned subsidiary Tanjung Offshore Services Sdn Bhd has secured a contract from PETRONAS Carigali Sdn Bhd for the provision of integrated well plug and abandonment, and project […]
Capital A corporate exercise ongoing despite setback
Capital A Bhd has clarified that Bursa Malaysia’s decision not to approve its application for a time extension to complete its share distribution has no material impact on the group’s […]
Padini profit margin within target range
Padini Holdings Bhd’s gross profit margin for financial year 2026 (FY26) is expected at 39.2%, which is within the group’s target range of 36% to 40%, according to TA Research. […]
EGHI eyes IPO on ACE Market for expansion
EGH International Bhd (EGHI) is eyeing a listing on the ACE Market of Bursa Malaysia. Read full story Date: 9 January, 2026 5:00 am Source: thestar.com.my
Lumpy growth forecast for tech sector this year
The local technology sector is expected to see an uneven earnings recovery this year with growth skewed towards front-end exposed names as better proxies to the growth in artificial intelligence […]
Reality bites for EV market
Malaysia’s electric vehicle (EV) market is expected to see subdued activity in 2026, as analysts and industry observers caution that low petrol prices and limited incentives will continue to constrain […]
Local factors to cushion market against US data
Events in the United States could again wield significant influence over the movement of the FBM KLCI in the near term, as the Supreme Court is due for an opinion […]
Hang Seng Bank shareholders approve HSBC’s US$13.6bil buyout proposal
HONG KONG: Hang Seng Bank shareholders on Thursday approved a plan by its majority owner HSBC to take the bank private, in a landmark move to further boost the Asia-focused […]
Ringgit ends lower after Trump’s warning to defence firms drives safe-haven demand
KUALA LUMPUR: The ringgit ended marginally lower against the US dollar on Thursday, as investors shifted to safe-haven assets following US President Donald Trump’s warning to defence contractors, an analyst said. Read full […]