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Bursa Malaysia Stays Lower At Mid-Afternoon

KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon, weighed down by mild selling in selected heavyweights, said an analyst.

At 3.01 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.73 points to 1,722.17 from last Friday’s close of 1,724.90.

The benchmark index opened 0.36 of a point higher at 1,725.26.

Tenaga Nasional Deeply Committed To Energy Sovereignty – TNB Genco Managing Director

By Mikhail Raj Abdullah

KUALA LUMPUR, Aug 3 (Bernama) -- Tenaga Nasional Bhd is deeply committed to energy sovereignty by strengthening resilience, safeguarding energy security and accelerating sustainable growth.

Indonesia's July Inflation At 2.88 Pct - Statistics Indonesia

By Nik Nurfaqih Nik Wil

JAKARTA, Aug 3 (Bernama) -- Indonesia's annual inflation stood at 2.88 per cent in July, driven mainly by higher prices in the food, beverages and tobacco, transportation, as well as personal care and other services groups.

Nippon Paint China Makes ARCHIDEX 2026 Debut As It Eyes Southeast Asian Markets

KUALA LUMPUR, Aug 3 (Bernama) – As Southeast Asia accelerates the adoption of green building standards and upgrades its manufacturing base, demand for energy-saving and efficiency-enhancing technologies in the construction and industrial sectors continues to grow, creating new opportunities for Chinese building materials companies to expand across the region.

Maybank To Fully Own Maybank Ageas Holdings In RM4.83 Bln Deal

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.

Bursa Malaysia Lower At Midday Due To Profit-Taking

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.

More Than 14.2 Mln Individuals Received BUDI95, With Over 13.4 Bln Litres Consumed - Amir Hamzah

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.

Maker Recipe To Boost Local Position, Aims To Go Global With RM1.7 Mln Investment

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.

Bursa Malaysia Eases Further At Mid-morning

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.

MBSB Bank-Huawei Technologies In RM400 Mln Financing To Support 5G Infrastructure

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.

AmBank Shares Surge 3.25 Pct On WT29 Strategic Shift

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.

MISC Share Up 1.75 Pct After Securing Long-term LNG Carrier Charter Contract

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.