Stock Market & Investment News

KUALA LUMPUR: Kobay Technology Bhd’s net profit more than doubled to RM15.1mil in the third quarter ended March 31 (3Q) from RM7.06mil a year ago. Read full story

KUALA LUMPUR: Dayang Enterprise Holdings Bhd has returned to the black with a net profit of RM13.76mil in the first quarter ended March 31 (1Q) against a net loss of RM27.54mil a year ago. Read full story

SHAH ALAM: The Selangor State Development Corporation (PKNS) expects to be able to record profits of up to RM300 million this year. Read full story

BENGALURU: McDonald’s Corp is selling its Russia business to its current licensee Alexander Govor and the restaurants would operate under a new brand, ending more than three decades of presence in the country following its invasion of Ukraine. Read full story