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Market

CPO Futures End Higher On Stronger Soybean Oil Prices

By Nur Athirah Mohd Shaharuddin

Gold Futures End Higher Amid Weaker Greenback, US Fiscal Worries

KUALA LUMPUR, May 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today, supported by a weaker greenback amid ongoing United States fiscal concerns.

FBM KLCI Futures Close Higher

KUALA LUMPUR, May 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today, tracking the performance of the underlying cash market.

Corporate

FGV To Acquire Full Ownership In Eight Subsidiaries For RM229.75 Million

KUALA LUMPUR, May 23 (Bernama) -- FGV Holdings Bhd will acquire full ownership of eight subsidiaries via share purchases totalling RM229.75 million from Koperasi Permodalan Felda Malaysia Bhd (KPF).

IJM Gets Govt's Nod For New Pantai Expressway Extension

KUALA LUMPUR, May 23 (Bernama) -- IJM Corporation Bhd has received the Works Ministry’s approval for the New Pantai Expressway Extension (NPE Extension), as well as the toll restructuring for the existing NPE.

Petronas Dagangan's 1Q Net Profit Jumps To RM239.5 Mln, Declares 20 Sen Dividend

KUALA LUMPUR, May 23 (Bernama) -- Petronas Dagangan Bhd’s net profit jumped to RM293.5 million in the first quarter ended March 31, 2025 (1Q 2025) from RM226.04 million in the same quarter last year.