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Bursa Malaysia Pares Earlier Losses To End Slightly Lower

KUALA LUMPUR, June 29 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, with the benchmark index paring its earlier losses after rebounding strongly from intraday lows amid heavy selling in the morning session.

Nexgram Subsidiary Kicks Off RM2 Bln Neu Nexus Century City Development In Cyberjaya

PUTRAJAYA, June 29 (Bernama) -- Nexgram Holdings Bhd’s subsidiary, Neu Nexus Century City Sdn Bhd (NNCC), today kicked off the development of Neu Nexus Century City in Cyberjaya, an artificial intelligence (AI) infrastructure, energy and mixed-use development project with an estimated gross development value of RM2 billion.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, June 29 (Bernama) -- Bursa Malaysia ended the morning session lower as persistent profit-taking in selected heavyweight stocks, particularly the healthcare, financial and plantation counters, weighed on market sentiment.

Local Institutions Extends 11-week Consecutive Net Buying Streak - MBSB Investment Bank

KUALA LUMPUR, June 29 (Bernama) -- Local institutions extended 11 weeks of consecutive net buying on Bursa Malaysia, recording net inflows of RM191.6 million last week. 

Uptrend Seen On Bursa Malaysia Next Week On Stock Rotation Factor

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 27 (Bernama) -- Bursa Malaysia is expected to trade higher next week as investors continue rotating from high-growth technology stocks into blue-chip and defensive sectors amid a more cautious global market environment.

KLCI Futures Likely To Trade Within 1,660-1,690 Range Next Week

KUALA LUMPUR, June 27 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trade within the 1,660-1,690 range next week, with volatility likely to persist as investors monitor developments in the global technology sector, geopolitical events and foreign fund flows, an analyst said.

Bursa Malaysia Ends Slightly Higher As Late Rebound In Banking Stocks Lifts Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia reversed earlier losses to settle slightly higher on Friday, supported by a late rebound in banking stocks that lifted the benchmark index into positive territory just minutes before the market closed, an analyst said. 

Service Tax Exemption Eases Financial Impact On Non-residential Buildings Management - MIPFM

KUALA LUMPUR, June 26 (Bernama) -- The government’s decision to exempt Service Tax on service charges and sinking fund contributions for non-residential buildings will help ease the financial impact on the management of non-residential stratified properties, said the Malaysian Institute of Property and Facility Managers (MIPFM).

Moneysave, Labuan Chamber Of Commerce Ink MoU For RM200 Mln SME Financing Initiative

KOTA KINABALU, June 26 (Bernama) -- Moneysave (M) Sdn Bhd and the Labuan Chamber of Commerce (LCC) signed a memorandum of understanding (MoU) today to launch a RM200 million financing initiative aimed at improving access to capital for small and medium enterprises (SMEs) in Sabah and Labuan.

Enest Group Eyes RM15.11 Mln IPO Proceeds To Repay Debt, Fund Operations

KUALA LUMPUR, June 26 (Bernama) -- LEAP Market-listed Enest Group Bhd aims to raise RM15.11 million from its initial public offering (IPO) as part of its transfer to the ACE Market of Bursa Malaysia Securities Bhd.

Zenix Aerospace Upeca Strengthens Capabilities To Support Global Supply Chain, Backs Malaysia's Ambitions

By Siti Noor Afera Abu

KUALA LUMPUR, June 26 (Bernama) -- Zenix Aerospace Upeca is strengthening its manufacturing capabilities, digitalisation efforts and workforce development as part of its long-term strategy to help elevate Malaysia’s position in the global aerospace value chain and drive sustainable industry growth.

RM185 Mln R&D programme To Commercialise packaging Technology - MOSTI

KUALA LUMPUR, June 26 (Bernama) — A research, development, innovation, commercialisation and economy (RDICE) programme worth RM185 million has been launched to strengthen Malaysia's capabilities in advanced packaging technology.