12d ago
KUALA LUMPUR, Aug 3 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an Implementation Agreement (IA) with Ageas Insurance International NV (Ageas) to acquire the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion, paving the way for full ownership of the insurance and takaful holding company.
12d ago
KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia was lower at midday due to profit-taking in selected heavyweights led by Petronas Chemicals, CelcomDigi and Tenaga Nasional, which was in line with the weakness in most regional peers despite news of a resumption of West Asia peace talks.
12d ago
SEOUL/TOKYO, Aug 3 (Bernama-dpa) -- Oil prices fell on Monday after US President Donald Trump called off a planned attack on Iran, reported German news agency dpa.
12d ago
KUALA LUMPUR, Aug 3 (Bernama) -- More than 14.2 million out of 16.7 million people who are eligible for the BUDI MADANI RON95 (BUDI95) subsidy have benefitted from the programme, involving the consumption of more than 13.4 billion litres of RON95 fuel, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
12d ago
KUALA LUMPUR, Aug 3 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has today reduced the price of its Axia model, Malaysia's most affordable compact car model, by up to RM4,700, effective immediately.
12d ago
Rhoma Ahmad Razali
JITRA, Aug 3 (Bernama) -- Local spice producer Maker Recipe Sdn Bhd plans to go global with its traditional spice brand, Cap O, within the next three years with an investment of RM1.7 million.
12d ago
KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia eased further in line with regional markets at mid-morning amid the latest developments in the West Asia conflict.
At 11.01 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.94 point lower to 1,723.96 from last Friday’s close of 1,724.90.
The benchmark index opened 0.36 point higher at 1,725.26.
12d ago
KUALA LUMPUR, Aug 3 (Bernama) -- MBSB Bank Bhd has entered into a RM400 million structured receivable purchase facility with Huawei Technologies (Malaysia) Sdn Bhd, supporting the deployment of equipment and services for U Mobile’s 5G Radio Access Network.
12d ago
KUALA LUMPUR, Aug 3 (Bernama) -- AMMB Holdings Bhd’s share price surged 3.25 per cent on expectations that its strategic shift towards higher-return segments and disciplined capital allocation would drive sustainable return-on-equity expansion.
12d ago
KUALA LUMPUR, Aug 3 (Bernama) -- MISC Bhd’s share price rose 1.75 per cent on Monday after it secured a contract from Malaysia LNG Sdn Bhd (MLNG), the operator of Petronas liquefied natural gas (LNG) Complex in Bintulu, Sarawak.
12d ago
KUALA LUMPUR, Aug 3 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were mixed in early trade on Monday.
12d ago
KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia opened slightly higher on Monday but retreated thereafter as investors traded cautiously amid intermittent profit-taking.