Sunway, IJM Takeover Lapses After Failing To Meet 50 Pct Voting Shares

KUALA LUMPUR, April 6 (Bernama) -- Sunway Bhd’s takeover offer for IJM Corporation Bhd has lapsed after failing to meet more than 50 per cent of the voting shares, said Maybank Investment Bank Bhd (Maybank IB).

Bursa Malaysia Ends Lower, CI Retreats 0.86 Pct On West Asia Tensions

By Siti Radziah Hamzah

KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia ended lower on Monday, with the benchmark index retreating by 0.86 per cent as concerns over escalating tensions in West Asia intensified.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.67 points to 1,680.83 from Friday’s close of 1,695.50.

RHB Keeps 'Buy' On Kerjaya Prospek After Third Deal

KUALA LUMPUR, April 6 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained a ‘buy’ rating on Kerjaya Prospek Group Bhd (KPG) after the group secured its third contract this year.

PTT Synergy Unit Inks Asrs Deal, Secures RM31.68 Mln Contract From Sime Darby Property

KUALA LUMPUR, April 3 (Bernama) -- PTT Synergy Group Bhd’s indirect 70 per cent-owned subsidiary, PTT Robotics Sdn Bhd (PTTR), has entered into a warehouse automation system agreement with Sime Darby Property Bhd and Mydin Mohamed Holdings Bhd.

Bursa Malaysia Ends Slightly Lower Amid Cautious Sentiment On West Asia Conflict

KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst.

AM Best Affirms CMB Wing Lung Insurance Ratings With Stable Outlook

KUALA LUMPUR, April 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s CMB Wing Lung Insurance Company Limited (CMBWLI), with a stable outlook.

Sunway Eyes Joint Procurement After IJM Takeover, Says President

KUALA LUMPUR, April 2 (Bernama) -- Sunway Bhd plans to implement joint procurement in construction as part of its short-term strategy within nine months of acquiring IJM Corp Bhd.

Bursa Malaysia Reverses Yesterday's Gains To End Lower As West Asia Optimism Fades

KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia reversed yesterday's gains to close lower on Thursday, with the key index settling off its lows, as optimism over a swift end to the West Asia conflict faded sharply following US President Donald Trump's speech this morning, which fuelled global risk-off sentiment. 

Asia Vision Capital Evaluating Richmond Mayor Project In Mount Austin, Johor Bahru

KUALA LUMPUR, April 1 (Bernama) -- Venture capital firm Asia Vision Capital Sdn Bhd, which focuses on structuring and managing real estate private equity investments, is currently evaluating a property project in Mount Austin, Johor Bahru, known as Richmond Mayor. 

Bursa Malaysia Ends Higher, CI Up 1.10 Pct

By Karina Imran

KUALA LUMPUR, April 1 (Bernama) -- Bursa Malaysia closed higher on Wednesday, with the key index rising 1.10 per cent, in line with firm gains across regional markets following a strong rally on Wall Street overnight, said an analyst. 

Anaqua’s AI-Native Platform To Transform Premier Tech Global IP Management

KUALA LUMPUR, April 1 (Bernama) -- Anaqua, a leader in innovation and intellectual property (IP) management technology, announced that Premier Tech, a global leader in horticulture, agriculture, packaging equipment and technologies, wastewater treatment systems, digital solutions and life sciences, has selected its RightHub platform.

Bursa Malaysia Rebounds To Close Slightly Higher, Led By Healthcare, Utilities & Banks

By Siti Noor Afera Abu

KUALA LUMPUR, March 31 (Bernama) -- Shares on Bursa Malaysia reversed yesterday’s losses to finish higher on Tuesday, driven by buying interest in healthcare, utilities and banking counters.