Stock Market & Investment News

KUALA LUMPUR: The Armed Forces Fund Board (LTAT) aims to increase its public equity exposure to 50 per cent through the realignment of its asset allocations as it plans to make a foray into international markets. Read full story

KUALA LUMPUR: Greatech Technology Bhd’s net profit fell 38 per cent to RM28.93 million in the first quarter (Q1) ended March 31, 2022, from RM46.66 million a year earlier on lower gross profit (GP) margin. Read full story

KUALA LUMPUR: Public Bank Bhd will increase its base rate (BR) and base lending rate (BLR)/ base financing rate (BFR) by 0.25% effective May 13. Read full story

KUALA LUMPUR: The ringgit settled 0.39 per cent lower against the US dollar today due to a sell-off following the decline in global crude oil prices, said an analyst. Read full story

KUALA LUMPUR: Yinson Holdings Bhd is forming a joint venture (JV) with Plus Xnergy Holding Sdn Bhd to develop and implement commercial and industrial (C&I) rooftop solar photovoltaic (PV) projects. Read full story

KUALA LUMPUR: MARC Ratings Bhd projects a firmer real gross domestic product (GDP) growth of 3.9 per cent year-on-year (y-o-y) in the first quarter of 2022 (Q1 2022) amid accelerating economic recovery, despite external headwinds. Read full story

KUALA LUMPUR: Pentamaster Corp Bhd’s net profit rose 26.9% to RM20.4mil in the first quarter ended March 31, from RM16.07mil a year ago. Read full story

KUALA LUMPUR: Toyo Ventures Holdings Bhd, which was slapped with an unusual market activity (UMA) query by Bursa Malaysia earlier, said it is unaware of any reason for the sharp rise in its share price and volume recently. Read full story