RedPlanet’s IPO Public Portion Oversubscribed 85.28 Times

KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysian public portion of RedPlanet Bhd’s initial public offering (IPO) has been oversubscribed by 85.28 times, with 7,031 applications for 1.77 billion shares worth approximately RM336.72 million received.

Bursa Malaysia Ends Higher As Bargain Hunting Continues In Banking And Healthcare Stocks

By Siti Noor Afera Abu & Naveen Prabu

KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia ended higher on Tuesday as bargain hunting continued in banking and healthcare stocks amid a mixed performance in major Asian equities. 

Investment Education, Awareness Key To Preventing Scams – Bursa Malaysia CEO

ALOR SETAR, Oct 13 (Bernama) -- Financial literacy and investment awareness need to be strengthened to ensure that Malaysians are capable of making sound financial decisions and avoid becoming victims of increasingly sophisticated online investment scams.

Rubber Market Ends Mixed Tracking Regional Rubber Futures

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 13 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, tracking regional rubber futures amid lower benchmark crude oil prices.

NovaAir Targets Above 90 Pct Capacity Utilisation At KL Plant Within Two Years

KUALA LUMPUR, Oct 13 (Bernama) -- Yingde Gases Group Co Ltd's unit NovaAir Industrial Gases Sdn Bhd aims to raise the Kuala Lumpur plant’s capacity utilisation to above 90 per cent within two years. 

Malaysia’s Palm Oil Industry Must Strike Balance Between Sustainability, Profitability – MPOA

BANGKOK, Oct 13 (Bernama) -- Malaysia’s palm oil industry must balance sustainability with long-term profitability and growth, while ensuring that rising compliance costs do not disproportionately burden smallholders, said Malaysian Palm Oil Association (MPOA) chief executive officer Roslin Azmy Hassan.

FIMM Reprimands Two Former Unit Trust Scheme Consultants For Misconduct

KUALA LUMPUR, Oct 13 (Bernama) -- The Federation of Investment Managers Malaysia (FIMM) recently reprimanded two former Unit Trust Scheme (UTS) consultants for their misconducts/breaches of FIMM’s Code of Ethics.

Malaysia’s Semiconductor Exports To US Remain Exempt From Tariffs - Johari

KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia continues to enjoy tariff exemptions for its semiconductor exports to the United States, said Investment, Trade and Industry Minister (MITI) Datuk Seri Johari Abdul Ghani.

NWE Resources’ IPO Public Portion Oversubscribed 2.82 Times

KUALA LUMPUR, Oct 13 (Bernama) -- NWE Resources Group Bhd’s initial public offering (IPO) portion made available to the Malaysian public was oversubscribed by 2.82 times ahead of its listing on the ACE Market of Bursa Malaysia.

IOI Properties’ Potential SGX Listing Remains Under Evaluation

KUALA LUMPUR, Oct 13 (Bernama) -- IOI Properties Group Bhd said its management is still evaluating potential capital market initiatives, including a secondary listing on the Singapore Exchange (SGX), with no formal proposal submitted to the board for consideration.

Malaysia Targets MEUFTA Signing By End-June 2027 - Johari

KUALA LUMPUR, Oct 13 (Bernama) — Malaysia aims to sign the Malaysia-European Union (EU) Free Trade Agreement (MEUFTA) by the end of June 2027, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani. 

Labuan IBFC Climbs 11 Places To 44th In Global Financial Centres Index

KUALA LUMPUR, Oct 13 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) has climbed 11 places to rank 44th out of 117 global financial centres in the latest Global Financial Centres Index (GFCI 40).