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Economy
Gas Malaysia Advances Energy Security, Resilience Via Partnership With tokyo Gas, VTTI
KUALA LUMPUR, June 8 (Bernama) -- Gas Malaysia Bhd, a unit of MMC Corporation Bhd, took a significant step in strengthening Malaysia’s energy security with the signing of a joint development agreement with Tokyo Gas Co Ltd and VTTI BV for the proposed development of a liquefied natural gas (LNG) regasification terminal (RGT) in Yan, Kedah.
Market
Bursa Malaysia Lower At Midday Amid Renewed West Asia Tensions
KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia finished the morning session in negative territory, mirroring regional peers that tumbled amid fresh strikes in West Asia and concerns over technology stocks.
Astro Up Half-A-Sen After Trading Resumes Following GCEO Exit
KUALA LUMPUR, June 8 (Bernama) -- Astro Malaysia Holdings Bhd’s shares advanced half-a-sen to 6.5 sen apiece after resuming its trading at 10 am today.
Bursa Malaysia Tracks Global Markets To Open Lower
KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia opened weaker on Monday, tracking regional markets as sentiment remained cautious amid a fragile global economic environment.
Ringgit Higher Against Most Major Currencies, Easier Vs US Dollar
KUALA LUMPUR, June 8 (Bernama) -- The ringgit traded mostly higher against major currencies but was easier against the US dollar in early trade today as the greenback strengthened following better-than-expected United States labour market data.
Corporate
Well Chip To Raise Up To RM120 Mln Via Rights Issue To Fund Pawnshop Expansion
KUALA LUMPUR, June 5 (Bernama) -- Well Chip Group Bhd will undertake a renounceable rights issue of up to 120 million new shares in the company to fund the expansion of new pawnshops and for working capital.
OSK Property Unveils RM690 Mln Beachfront Development In Kuantan
KUALA LUMPUR, June 5 (Bernama) -- OSK Property Holdings Bhd has unveiled OSK Ombak, a RM690 million freehold beachfront development in Balok Beach, Kuantan, comprising 1,274 fully furnished residential units targeted for completion in 2030.
MISC Renews Menara Dayabumi Lease With Petronas In RM433 Mln 15-year Deal
KUALA LUMPUR, June 4 (Bernama) -- MISC Bhd has entered into a long-term tenancy agreement with Petroliam Nasional Bhd (Petronas ) to renew the lease of its office space at Menara Dayabumi, Kuala Lumpur, in a deal valued at an estimated RM433 million over 15 years.