Bursa Malaysia Opens Higher Ahead Of 2Q GDP Estimate

KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by improved investor sentiment ahead of Malaysia's advance estimate for second-quarter (2Q) gross domestic product (GDP), while tracking Wall Street's mostly positive performance.

Epicon To Acquire 60 Pct Stakes In Rantau Urusan, LPB Construction For RM543.16 Mln

KUALA LUMPUR, July 14 (Bernama) -- Epicon Bhd has entered into a conditional share sale agreement with  Lagenda Properties Bhd to acquire a 60 per cent stake in Rantau Urusan (M) Sdn Bhd and LPB Construction Sdn Bhd (the target companies) for RM543.16 million. 

Energy, Banking Stocks Lift Bursa Malaysia To More Than One Pct Gain

By Siti Noor Afera Abu

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia extended its rally to close more than one per cent higher on Tuesday, lifted by strong buying interest in oil and gas as well as banking counters as investors positioned for potentially firmer energy prices following renewed hostilities between the United States and Iran.

Sin-Kung Logistics, Airport Authority Hong Kong Ink MoU To Boost Connectivity

KUALA LUMPUR, July 14 (Bernama) -- Sin-Kung Logistics (SKL) Bhd has signed a memorandum of understanding (MoU) with Airport Authority Hong Kong (AAHK) to strengthen cooperation in air connectivity and cargo development.

Glyken-Ortho Group Partnership To Advance Healthcare Via Bird Nest Technology

KUALA LUMPUR, July 14 (Bernama) -- Glyken Bio Products Sdn Bhd (Glyken) and Japan's Ortho Group have inked a research collaboration worth more than RM4 million to explore the application of Glyken's proprietary bird’s nest extracts in therapeutic medicine and healthcare development.

Bursa Malaysia Extends Mid-morning Gains On Plantation, Utility Buying

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia extended its gains in mid-morning trade on Tuesday, lifted by continued buying in plantation and utility heavyweights.

Diversified Business Model To Keep Dialog Resilient, Says HLIB

KUALA LUMPUR, July 14 (Bernama) -- Dialog Group Bhd is poised to remain highly resilient in a volatile environment, particularly amid the West Asia conflict, thanks to its diversified business model, said Hong Leong Investment Bank Bhd (HLIB).

Bursa Malaysia Opens Higher On Healthcare, Property Buying

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia extended its gains to open higher on Tuesday, supported by continued buying interest in selected heavyweight counters, particularly in the healthcare and property sectors, despite the weaker overnight performance on Wall Street.

Milux Proposes To Acquire 100 Pct Stake In Movon For RM150 Mln

KUALA LUMPUR, July 13 (Bernama) -- Home appliance distributor Milux Corporation Bhd has proposed to acquire a 100 per cent equity interest in Movon Sdn Bhd from Abletech Solutions Sdn Bhd (ASSB) and Datuk Dr Lim Jee Gin for RM150 million.

KTC To Invest RM30 Mln In Gardenia Plant In Sarawak, Create 500 Jobs

KUCHING, July 13 (Bernama) -- Kim Teck Cheong Consolidated Bhd (KTC) plans to invest RM30 million in a Gardenia bread manufacturing plant in Kota Samarahan, Sarawak, creating 500 jobs for local graduates and skilled workers.

PRG Appoints Steven Kang As Group MD, Executive Director

KUALA LUMPUR, July 13 (Bernama) -- PRG Holdings Bhd has appointed Steven Kang Boon Lian as its new group managing director and executive director effective today, replacing Andrew Chan Lim-Fai. 

Plantation, Commodity Stocks Lift Bursa Malaysia Higher At Close

By Siti Noor Afera Abu

KUALA LUMPUR, July 13 (Bernama) -- Bursa Malaysia ended higher on Monday as gains in plantation and commodity-related counters offset the cautious regional sentiment.