Public Bank To Privatise Hong Kong Subsidiary At HK$2.50 Per Share
KUALA LUMPUR, Sept 8 (Bernama) -- Public Bank Bhd has proposed to privatise its 73.23 per cent-owned subsidiary Public Financial Holdings Ltd (PFHL) for HK$2.50 (RM1.29) per share.
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KUALA LUMPUR, Sept 8 (Bernama) -- Public Bank Bhd has proposed to privatise its 73.23 per cent-owned subsidiary Public Financial Holdings Ltd (PFHL) for HK$2.50 (RM1.29) per share.
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst.
KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia ended lower at the midday break amid persistent profit-taking and weaker risk appetite, while the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to face further volatility due to heightened external and domestic headwinds.
KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia opened lower on Tuesday as investors took profits in selected heavyweights, given an absence of Wall Street leads following the United States’ Labour Day holiday.
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia ended lower on the final trading day of the week, weighed down by the plantation sector as investors locked in gains following its recent strong performance.
KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia stayed in negative territory at midday as investors took profit following the market’s gains over the past two sessions, with selling pressure seen in industrial products, plantation, and financial stocks.
KUALA LUMPUR, Sept 4 (Bernama) -- Malaysian banks’ asset quality remains resilient, supported by healthy loss-absorption buffers and proactive credit risk management, RAM Ratings said.
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia opened lower on Friday as investors took profits after two straight sessions of gains, although broader market sentiment remained supported by positive market breadth and gains on Wall Street overnight.
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia ended higher on Thursday, tracking positive cues from Wall Street, with sentiment further bolstered by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia opened higher on Thursday, supported by gains in financial, plantation and utilities stocks, as investors awaited Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision later in the day and tracked Wall Street’s positive overnight performance.
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia ended higher on Wednesday on bargain hunting following the recent sell-off, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday.
KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia remained in positive territory at midday, supported by gains in selected banking stocks, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday.