Genting To Allocate RM280 Mln From Rights Issue For Interest, Financing Costs

KUALA LUMPUR, Oct 14 (Bernama) -- Genting Bhd has earmarked RM280 million from its proposed RM1.25 billion renounceable rights issue to pay interest and other financing-related costs on the group’s borrowings and funding arrangements.

CPO Futures Close Higher On Stronger Export Demand, Energy Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains to close higher for the third consecutive day on Wednesday, supported by stronger October export demand.

FBM KLCI Expansion To Better Reflect Malaysia’s Economy, Stock Weighting Impact Manageable -- AHAM Capital

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 14 (Bernama) -- The expansion of the FTSE Bursa Malaysia KLCI (FBM KLCI) from 30 to 50 constituents is expected to provide a more accurate representation of Malaysia’s domestic economy.

MCE Bags RM23.29 Mln Contracts To Supply Automotive Electronic Components To US Company

KUALA LUMPUR, Oct 14 (Bernama) -- MCE Holdings Bhd unit, Multi-Code Electronics Industries (M) Bhd, has secured contracts worth RM23.29 million from a US-based automotive components supplier to supply automotive electronic components.

Bursa Malaysia Remains In Positive Territory At Mid-Afternoon

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia’s key index remained in positive territory at mid-afternoon, supported by sustained buying interest in selected heavyweights led by transportation and logistics as well as banking stocks. 

FBM KLCI Ends Morning Session Higher On Buying In Selected Heavyweights

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia stayed higher at midday, supported by persistent buying in selected heavyweights, led by plantation and healthcare counters.

Critical Holdings Slips 4.61 Pct Despite RM74.1 Mln Contract Boost

KUALA LUMPUR, Oct 14 (Bernama) -- Critical Holdings Bhd’s shares fell 4.61 per cent in early trading on Wednesday, despite securing an additional RM74.1 million in contract value for cleanroom-related works at Kulim Hi-Tech Park, Kedah.

Jati Tinggi Says Business Operations Remain On Track, No Material Change

KUALA LUMPUR, Oct 13 (Bernama) -- Jati Tinggi Group Bhd (JTGroup) said its business operations remain on track, and emphasised that there has been no material change to its business operations or ongoing project execution arising from the recent market volatility.

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.

CPO Prices Expected At RM4,400-RM4,600/mt As El NiÑo Raises 2027 Outlook - Analysts

KUALA LUMPUR, Oct 13 (Bernama) -- Crude palm oil (CPO) prices are expected to remain under pressure from high stockpiles and seasonal production, with the possibility of El Niño supporting prices in 2027, according to research houses.

Bursa Malaysia Opens Lower As Geopolitical Risks, Oil Prices Weigh On Sentiment

KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia retreated to open lower on Tuesday, tracking Wall Street’s mixed performance overnight as persistent geopolitical uncertainties and rebounding oil prices weighed on market sentiment.