Stock Market & Investment News

KUALA LUMPUR: Gets Global Bhd has received in a notice in writing from Messrs PKF on their resignation as external auditors of the company. Read full story

KUALA LUMPUR: MSM Malaysia Holdings Bhd (MSM Malaysia) has requested the government to review the price of sugar amidst ongoing cost pressure issues. Read full story

KUALA LUMPUR: IOI Corp Bhd’s net profit rose 2.5% to RM411.2mil in the third quarter ended June 30 (3Q22) from RM401.3mil a year ago due to higher contribution from the plantation segment. Read full story

KUALA LUMPUR: Allianz Malaysia Bhd’s net profit jumped to RM101.32 million in the first quarter ended March 31, 2022 from RM63.26 million in the same period a year earlier, mainly due to profit contribution from life and general insurance segments. Read full story

KUALA LUMPUR: The ringgit traded more favourably against the US dollar on the last day of the week, ending on a firmer note amid improved sentiment following China’s move to cut a key interest rate to boost its economy, analysts said. Read full story

KUALA LUMPUR: Central Global Bhd (CGB) has returned to the black with a net profit of RM1.89mil in the first quarter ended March 31, against a net loss of RM1.03mil a year go. Read full story

KUALA LUMPUR: Ancom Nylex Bhd has received approval from shareholders at an extraordinary general meeting for the proposed share split involving the subdivision of one share into three shares. Read full story

KUALA LUMPUR: CSH Alliance Bhd has acquired a plot of 1.07 acres of industrial land in Petaling Jaya for RM10mil from M Xpress Sdn Bhd. Read full story

KUALA LUMPUR: KPS Consortium Bhd’s wholly-owned subsidiary, Hai Ming Marketing Sdn Bhd (HMMSB) has received the Money Lending Licence issued by the Registrar of Moneylenders of Housing and Local Government Ministry. Read full story

KUALA LUMPUR: Tun Razak Exchange (TRX) is now 99 per cent completed, with the remaining one per cent comprising major infrastructure works which are nearing completion, master developer of the financial district TRX City Sdn Bhd said. Read full story