KUALA LUMPUR, Dec 26 — Malayan Flour Mills Bhd and its joint venture company, Dindings Poultry Development Centre Sdn Bhd, are in consultation with their external legal counsel to challenge the Malaysia Competition Commission's (MyCC) decision to impose a penalty of RM70.02 million for a price-fixing infringement.
KUALA LUMPUR, Dec 22 — Malaysian Resources Corporation Bhd (MRCB) has signed multiple agreements with the Selangor State Development Corporation (PKNS) to acquire and dispose of properties worth RM527.93 million.
KUALA LUMPUR, —The Securities Commission Malaysia (SC) has introduced an accelerated transfer process to facilitate the promotion of eligible ACE Market public listed companies (PLCs) to the Main Market of Bursa Malaysia.
KUALA LUMPUR, Dec 4 — Bursa Malaysia Securities Bhd today unveiled the Bursa Malaysia ESG Reporting Platform, which will act as a repository for disclosures conforming to the prescribed format mandated under Bursa Malaysia’s enhanced sustainability reporting requirements introduced on Sept 26, 2022.
KUALA LUMPUR, Dec 4 — Foreign investors maintained their position as net buyers on Bursa Malaysia for the fifth consecutive week, with total inflow of RM246.3 million, said MIDF Research.
KUALA LUMPUR, Dec 1 — Five mobile network operators including CelcomDigi Bhd (CDB) and Maxis Bhd entered into conditional share subscription agreements (SSAs) with Digital Nasional Bhd (DNB) and Minister of Finance, Incorporated (MoF Inc) today to subscribe for DNB equity stakes.
KUALA LUMPUR, Nov 29 — The Malaysian corporate sector sustained its recovery momentum in 2023, a continuity from 2022, driven by a number of initiatives and efforts by the government to boost the economy.
KUALA LUMPUR, Nov 24 — Malaysia's leading index (LI) improved to negative 0.3 per cent by recording 109.3 points in September compared to negative 0.5 per cent, anticipating a healthier economic prospect in the near future, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Nov 14 — Foreign investors maintained their status as net buyers on Bursa Malaysia for the second consecutive week last week, snapping up RM676.7 million worth of local equities — nearly four times the amount purchased the previous week.
KUALA LUMPUR, NOV 10 — The ringgit led losses among emerging Asian currencies and stock markets retreated on Friday, as the United States (US) Treasury yields surged after the Federal Reserve chair said officials were "not confident" interest rates were high enough to defeat inflation.
KUALA LUMPUR, Nov 9 — The Entrepreneur Development and Cooperatives Ministry plans to provide assistance to any micro, small and medium enterprise (MSME) registered under SME Corporation Malaysia (SME Corp) which seek to list their business on Bursa Malaysia next year.
KUALA LUMPUR, Nov 9 — Westports Holdings Bhd’s net profit for the third quarter ended Sept 30, 2023, increased to RM195 million compared to RM150.39 million in the same period last year.
KUALA LUMPUR, Nov 5 — Stock market investors will be watching out for some local economic data to be released in the coming week, including the Service Producer Index for the third quarter of 2023 and Industrial Production Index for September, according to an analyst.
KUALA LUMPUR, Oct 31 — Selangor Dredging Bhd’s (SDB) wholly owned subsidiary Prestij Permai Sdn Bhd has entered into a sale and purchase agreement with Xtra Touch Sdn Bhd to acquire vacant leasehold land together with completed earthworks located in Sepang, Selangor for RM87.9 million.
KUALA LUMPUR, Oct 30 — Scheduled reviews for company directors are crucial for companies to stay on top of their remuneration practices, ensuring better governance and their alignment with industry and market standards, said Bursa Malaysia chief regulatory officer Julian Hashim.
KUALA LUMPUR, Oct 28 — The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trend higher towards the 1,450 level next week on the back of higher Malaysian producer price index (PPI) data in September.
KUALA LUMPUR, Oct 23 — Natural Resources, Environment and Climate Change (NRECC) Minister Nik Nazmi Nik Ahmad urged companies and financial institutions to participate in the voluntary carbon markets (VCM), one of the government's key initiatives to address climate change agenda.
KUALA LUMPUR, Oct 23 — Local institutions have maintained their net buying stance for the third consecutive week, snapping up RM618.3 million worth of equities on Bursa Malaysia last week.
KUALA LUMPUR, Oct 19 — The ringgit is expected to range from 4.40 to 4.70 against the US dollar next year, supported by Budget 2024 initiatives, according to RHB Research.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.