Economy
BMI Sees BNM Holding OPR At 2.75 Pct Through 2027
KUALA LUMPUR, Nov 4 (Bernama) -- BMI expects Bank Negara Malaysia (BNM) to maintain its overnight policy rate (OPR) at 2.75 per cent tomorrow and through 2027, citing resilient economic growth and a manageable inflation outlook.
Market
KLCI Futures Finish Lower
KUALA LUMPUR, Nov 4 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower on Wednesday in line with the weaker cash market performance.
Rubber Market Ends Lower Tracking Weaker Regional Rubber Futures, Stronger Ringgit
By Durratul Ain Ahmad Fuad
Corporate
RedPlanet Bhd Bags RM7.09 Mln Purchase Order For Sabah Solar Plant
KUALA LUMPUR, Nov 4 (Bernama) -- RedPlanet Bhd’s wholly-owned subsidiary, AZTI Systems Sdn Bhd, has secured a RM7.09 million purchase order for works related to a 15-megawatt alternating current (MWac) large-scale solar photovoltaic (PV) plant in Batu Sapi, Sandakan, Sabah.
Waja Konsortium Unit Secures RM190 Mln Building Contract In Johor Bahru
KUALA LUMPUR, Nov 4 (Bernama) -- Waja Konsortium Bhd’s 51 per cent-owned subsidiary Waja Build Tech Sdn Bhd (WBTSB) has secured a RM190 million contract from Affluent Crafts Sdn Bhd to undertake main building and external works for a mixed residential development in Johor Bahru.
MyDCD IPO Public Portion Oversubscribed 36.46 Times
KUALA LUMPUR, Nov 4 (Bernama) -- Engineering services provider, MyDCD Bhd’s initial public offering (IPO) portion made available to the Malaysian public was oversubscribed by 36.46 times ahead of its listing on the ACE Market of Bursa Malaysia.