Newsfeed – Business News
DRB-Hicom finalises US$110.62mil Spirit AeroSystems Malaysia buy
KUALA LUMPUR: DRB-Hicom Bhd has finalised the estimated purchase consideration for its planned acquisition of Spirit AeroSystems Malaysia Sdn Bhd, valuing the deal at US$110.62mil (RM454.87mil). Read full story Date: […]
No changes to KLCI in FTSE Bursa Malaysia’s December index review
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) will see no constituent changes in the December 2025 semi-annual review, FTSE Russell and Bursa Malaysia said in a joint statement. […]
Ringgit surges to 4.11 against greenback, highest in four years and five months
KUALA LUMPUR: The ringgit surged to 4.11 against the greenback at the close on Thursday, hitting a new high in almost four and a half years, as weaker economic data […]
BMS Holdings posts RM5.4mil profit ahead of ACE Market debut
KUALA LUMPUR: BMS Holdings Bhd, which is set to debut on the ACE Market of Bursa Malaysia on Dec 8, reported a net profit of RM5.4mil in the first quarter […]
Mulpha International’s CEO retires
PETALING JAYA: Mulpha International Bhd’s chief executive officer (CEO) Gregory David Shaw has announced his retirement, with effect from Dec 5. Read full story Date: 4 December, 2025 8:00 pm […]
VS Industry reports flat 1Q26 net profit
PETALING JAYA: VS Industry Bhd began its financial year 2026 (FY26) with a flat net profit in the first quarter, amid a drop in revenue and a higher tax expense. […]
Haily bags RM42.85mil housing contract in Johor
PETALING JAYA: Haily Group Bhd has secured a RM42.85mil construction contract to build 187 double-storey terrace houses and a Tenaga Nasional Bhd (TNB) substation in Bandar Putra, Senai, Johor. Read […]
Pharmaniaga acquires property in Sabah for RM26mil
PETALING JAYA: Pharmaniaga Bhd is acquiring a single storey factory with a two-storey office within the Kota Kinabalu Industrial Park in Sabah from Yang Guang Furniture (Sarawak) Sdn Bhd, for […]
FBM KLCI stays in the red as ringgit strengthens to RM4.10
KUALA LUMPUR: The FBM KLCI extended its decline for a second day, while the ringgit continued its upward momentum against the US dollar. Read full story Date: 4 December, 2025 […]
Paragon Globe to dispose of land in Johor for RM64mil
PETALING JAYA: Paragon Globe Bhd is disposing of a parcel of freehold land measuring 5.4451 hectares in Johor Baru to GSP Automotive Malaysia Sdn Bhd for RM64.47mil. Read full story […]