Zetrix AI Potentially In Breach Of Covenant Under Sukuk Programme After Wong Thean Soon Ceases As Single Largest Shareholder

KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd said it has considered being potentially in breach of covenant under the Sukuk Wakalah Programme after Wong Thean Soon's shareholding was substantially reduced yesterday, which resulted in him ceasing to be the single largest shareholder of the company.

MBSB IB Sees Value In Banking Stocks Despite Cautious Trading On Bursa Malaysia

KUALA LUMPUR, Oct 16 (Bernama) -- Trading activity of banking counters on Bursa Malaysia remained subdued today as investors adopted a cautious stance, with uncertainty over the bond yield outlook weighing on market sentiment.

Bursa Malaysia Turns Lower In Early Trade After Opening Higher

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia opened slightly higher on Friday but eased thereafter due to mild profit-taking in selected heavyweight counters.

FBM KLCI Futures Open Lower

KUALA LUMPUR, Oct 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower today.

CPO Futures Close Mostly Lower On Weaker CBOT Soybean Oil

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, weighed down by weaker soybean oil on the Chicago Board of Trade (CBOT).

CelcomDigi, Maxis Accept MCMC Spectrum Awards

KUALA LUMPUR, Oct 15 (Bernama) --  CelcomDigi Bhd and Maxis Bhd have accepted spectrum awards from the Malaysian Communications and Multimedia Commission (MCMC).

Vestland Unit Secures RM225 Mln River-Widening Project In Kelantan

KUALA LUMPUR, Oct 15 (Bernama) -- Vestland Bhd’s indirect wholly-owned subsidiary Vestland Infra Sdn Bhd (VISB) has secured a RM225.07 million contract from Pembinaan Rizen Sdn Bhd (PRSB).

Gold Futures End Higher, Tracking COMEX Gains

KUALA LUMPUR, Oct 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Thursday, tracking gains on the US Commodity Exchange (COMEX).

KLCI Futures End Mostly Lower

KUALA LUMPUR, Oct 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday. 

Bursa Malaysia Snaps Four-Day Winning Streak On Profit Taking

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s key index retreated four days of gains to close lower on Thursday, following profit-taking in selected heavyweight stocks and tracking regional and Wall Street losses.

Zetrix AI To Fully Cooperate With Authorities In Ongoing Investigation

KUALA LUMPUR, Oct 15 (Bernama) -- Zetrix AI Bhd will fully cooperate with authorities in an ongoing joint investigation by the Royal Malaysia Police (PDRM) and the Malaysian Anti-Corruption Commission (MACC).

1,204 MSMEs Have Benefited From As Of Sept 30- MECD

KUALA LUMPUR, Oct 15 (Bernama) -- A total of 1,204 micro, small and medium enterprises (MSMEs) have benefited from SME Corp Malaysia’s (SME Corp) Industry and Business Support Programme (SINAR) as of Sept 30, according to the Entrepreneur and Cooperatives Development Ministry (MECD).