Newsfeed – Business News
7-Eleven appoints Mohd Anuar Zaini as new chairman
KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd has appointed Tan Sri Mohd Annuar Zaini as its new independent and non-executive chairman with immediate effect. Read full story Date: 7 June, 2025 […]
Nylex’s major shareholder Ancom Nylex proposes selective capital reduction, repayment of 5.1c/share
PETALING JAYA: Ancom Nylex Bhd and its wholly-owned subsidiary Rhodemark Development Sdn Bhd (RDSB), as controlling shareholders of the now-delisted Nylex (M) Bhd, have proposed a selective capital reduction and […]
Ringgit ends marginally lower against greenback on stronger US$ index
KUALA LUMPUR: The ringgit closed marginally lower against the US dollar on Friday, amid a stronger US Dollar Index (DXY) as traders await US Nonfarm Payroll (NFP) data tonight, said […]
Ho Hup Construction defaults on credit facilities totalling RM45.27mil
KUALA LUMPUR: Ho Hup Construction Company Bhd has defaulted on revolving credit facilities totalling RM45.27 million, prompting a legal action by AmBank Islamic Bhd (AIB). Read full story Date: 6 […]
Ecomate acquires 60% stake in ICT business for RM8.4mil
PETALING JAYA: Ecomate Holdings Bhd is venturing into the information and communications technology (ICT) solutions business through the acquisition of a 60% stake in Progressive Computer Systems Sdn Bhd (PCS) […]
Bursa Malaysia ends slightly lower tracking regional markets
KUALA LUMPUR: Bursa Malaysia ended the week slightly lower, tracking the negative performance seen across regional markets, particularly among emerging markets, an analyst said. Read full story Date: 6 June, […]
MMAG’s logistics arm joins collaboration on entrepreneur commercial vehicle programme
KUALA LUMPUR: An indirect subsidiary of MMAG Bhd has inked a memorandum of collaboration (MoC) with Mpire Global Bhd, JAC Auto ( Malaysia) Sdn Bhd and Cheongfuli (Malaysia) Sdn Bhd […]
DC Healthcare opens latest Dr Chong Clinic in JB
KUALA LUMPUR: Medical aesthetic services provider DC Healthcare Holdings Bhd has opened its newest Dr Chong Clinic in Pelangi, Johor Bahru, in line with its expansion plans across the country. […]
Trading in CIMB Thai suspended for not meeting minimum public spread
KUALA LUMPUR: The securities of CIMB Bank Bhd’s 94.83%-owned Thai banking arm have been suspended from trading on the Stock Exchange of Thailand (SET) from June 5, 2025, to comply […]
China, HK stocks close down as US-China call offers no clear progress on trade
SHANGHAI: China and Hong Kong stocks ended slightly lower on Friday, as investors remained cautious after a call between U.S. President Donald Trump and Chinese leader Xi Jinping failed to […]