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Economy
Haikou-Penang Direct Flights To Take Off Oct 11
GEORGE TOWN, Aug 12 (Bernama) -- The Haikou-Penang direct flight service will be launched on Oct 11, making Haikou the ninth Chinese city to have a scheduled direct air link with Penang, said State Tourism and Creative Economy Committee chairman Wong Hon Wai.
Market
Bursa Malaysia Ends At Intraday High Lifted By Utilities, Petrochemical Stocks
By Abdul Hamid A Rahman
Bursa Malaysia Stays Higher At Midday
KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia continued its positive tone at midday, supported by gains in heavyweight utility and industrial products counters.
FBM KLCI Futures Higher In Early Trade
KUALA LUMPUR, Aug 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened on a positive note on Wednesday.
Corporate
Kerjaya Prospek Unit Bags RM223.0 Mln Construction Contract In Johor Bahru
KUALA LUMPUR, Aug 12 (Bernama) -- Kerjaya Prospek Group Bhd’s wholly owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, has secured a RM223.0 million contract for the construction and completion of the main building for a development project in Johor Baharu from Sunway Majestic Sdn Bhd.
ACE Market-bound Pioneer Heat Aims To Raise RM21.68 Mln From IPO
KUALA LUMPUR, Aug 12 (Bernama) – Pioneer Heat Holdings Bhd aims to raise RM21.68 million from its initial public offering (IPO) following its listing on the ACE Market of Bursa Malaysia on Sept 17, 2026.
AHAM Capital Reports 99 Pct ESG Rating Coverage, Stronger Climate Disclosures In 2025
KUALA LUMPUR, Aug 12 (Bernama) -- AHAM Asset Management Bhd (AHAM Capital) achieved 99 per cent environmental, social and governance (ESG) rating coverage across all in-scope equities and bonds in 2025, according to its 2025 sustainability report released today.