Newsfeed – Business News
Foreign investors turn net buyers on Bursa Malaysia
Foreign investors turned net buyers on Bursa Malaysia last week, ending a nine-week selling streak since July with a net equities inflow of RM223.9 mil, according to MBSB Investment Bank Bhd. Read […]
Bank Islam offers financial relief for flood victims
KUALA LUMPUR: Bank Islam Malaysia Bhd today announced financial relief measures prioritising affected micro, small and medium enterprises (MSMEs) alongside support for individual customers in flood disaster areas nationwide. Read […]
Asian Pac unit to dispose of Ulu Langat tract for RM87.69mil
KUALA LUMPUR: Asian Pac Holdings Bhd said its wholly-owned subsidiary BH Builders Sdn Bhd has agreed to dispose of a tract of freehold land with a net land area of […]
Ringgit ends near one-year high vs US$ on Fed cut hopes
KUALA LUMPUR: The ringgit closed stronger on Wednesday, hitting a near one-year high against the greenback ahead of the United States (US) interest rate decision later in the day, an […]
Sunsuria sets up RM500mil sukuk wakalah ICP programme
KUALA LUMPUR: Sunsuria Bhd has made a lodgement with the Securities Commission (SC) to establish an Islamic commercial papers (ICP) programme of up to RM500 million in nominal value. Read […]
FIMM issues public reprimand on six former consultants over fake certificates
KUALA LUMPUR: The Federation of Investment Managers Malaysia (FIMM) has issued public reprimands against six former unit trust scheme (UTS) and private retirement acheme (PRS) consultants for submitting falsified academic […]
YLI unit to dispose of Seberang Perai tract for RM18mil
KUALA LUMPUR: YLI Holdings Bhd said its wholly-owned subsidiary Yew Lean Foundry & Co Sdn Bhd has agreed to dispose of a 12,226.252 sqm parcel of leasehold industrial land in […]
MKH to divest of furniture manufacturing unit in China for RM49.53mil
KUALA LUMPUR: MKH Bhd said its wholly-owned subsidiary Metro Kajang Sdn Bhd has proposed to dispose of its entire 100% stake in Vast Furniture Manufacturing (Kunshan) Co Ltd for CNY84mil […]