Newsfeed – Business News
Big tech, big spend, but returns?
The reaction of most “Magnificent Seven” tech giants’ shares to their latest earnings suggests the artificial intelligence (AI) boom is far from over. Yet, doubts about the future returns from […]
No trading halt for Ho Hup after annual report submitted to Bursa Securities
KUALA LUMPUR: The trading in the securities of Ho Hup Construction Company Bhd (Ho Hup) will not be suspended on Nov 10, 2025 following the timely submission of its Annual Report […]
Oriental Holdings to acquire Northam Georgetown and three hotels for RM411mil
KUALA LUMPUR: Oriental Holdings Bhd (OHB) announced that it will be acquiring 100 per cent interest in Northam Georgetown Sdn Bhd (NGSB) and three properties for RM411 million. Read full […]
Pop Mart shares fall after live-streaming incident about pricing
SHARES of Pop Mart International Group Ltd., the maker of the popular Labubu toy line, fell more than 5.5% Friday to their lowest level since May, after a livestream incident […]
NuEnergy wins RM270mil solar project in Johor
PETALING JAYA: NuEnergy Holdings Bhd has accepted letters of award worth RM270mil from Binastra Corp Bhd’s unit Binastra Green Energy Sdn Bhd to undertake engineering, procurement, construction and commissioning (EPCC) […]
Rapid Synergy to sell Teluk Intan property to Lotuss Stores for RM41mil
PETALING JAYA: Rapid Synergy Bhd’s wholly owned subsidiary Persiaran Eksklusif Sdn Bhd will sell a property in Teluk Intan, Perak to Lotuss Stores (Malaysia) Sdn Bhd for RM41mil. Read full […]
Bursa cautions investors on MMAG amid continued unusual trading activity
KUALA LUMPUR: Bursa Malaysia Securities Bhd has issued a trading reminder on MMAG Holdings Bhd following the recent sharp decline in the company’s share price. Read full story Date: 7 […]
Apex Healthcare receives RM2.64 per share takeover offer from Pharmora
PETALING JAYA: Apex Healthcare Bhd (AHB) has received a conditional voluntary take-over offer from Pharmora Investment Holdings Pte Ltd (offeror) to buy all outstanding shares in the former at RM2.64 […]
PIE Industrial’s 3Q profit falls 49% to RM4.5mil amid lower demand
PETALING JAYA: PIE Industrial Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q25) nearly halved to RM4.49mil from RM8.84mil a year earlier, dragged by lower demand for […]
Bursa reprimands former Scanwolf director, imposes RM30,000 fine
KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded and fined former Scanwolf Corp Bhd executive director Cheong Chen Khan RM30,000 for breaching paragraphs 2.18(1)(a) and (c) of the Main […]