Stock Market & Investment News
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HSS Engineers unit accepts RM16.27mil consultancy contract
KUALA LUMPUR: HSS Engineers Bhd’s unit HSS Integrated Sdn Bhd (HSSI) has accepted a RM16.27mil contract from Sambungan Lebuhraya Timur Sdn Bhd to provide engineering consultancy services for an upcoming infrastructure facility in the Klang Valley. Read full story
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Malaysia's IPI increases 3.9% in Feb 2022, driven by manufacturing growth
KUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) increased 3.9 per cent in February 2022 compared with the same month of the previous year, driven by the growth in the manufacturing sector, the Department of Statistics Malaysia (DOSM). Read full story
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ACE Market-bound Yew Lee inks underwriting agreement with M&A Securities
KUALA LUMPUR: Yew Lee Pacific Group Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd for its initial public offering (IPO) on the ACE Market of Bursa Malaysia. Read full story
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DNeX unit receives 'no objection' on development concept for Avalon project
KUALA LUMPUR: Dagang NeXchange Bhd’s (DNeX) 90%-owned subsidiary Ping Petroleum Ltd has received a letter of “no objection” from the North Sea Transition Authority in relation to its proposed development concept for the Avalon discovery in the Central North Sea, UK. Read full story
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Bursa Malaysia issues UMA query to Tanco Holdings
KUALA LUMPUR: Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to Tanco Holdings Bhd over the sharp rise in its share price and trading volume recently. Read full story
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Malaysia's wholesale, retail trade sale up 8.5% to RM117.2bil in Feb 2022
KUALA LUMPUR: Malaysia’s wholesale and retail trade sales increased by 8.5 per cent year-on-year (y-o-y) to RM117.2 billion in February 2022, according to the Department of Statistics Malaysia (DOSM). Read full story