Stock Market & Investment News

KUALA LUMPUR: Malaysia Airlines Bhd (MAB) has expanded its partnership with Amadeus IT Group to improve its customers’ experience. Read full story

KUALA LUMPUR: The FBM KLCI was slightly lower but received support from Petronas Chemicals to stay above the psychological level of 1,600 points. Read full story

KUALA LUMPUR: Pekat Group Bhd’s sub-subsidiary Pekat Solar Sdn Bhd has been awarded the tender from Sun Estates Sdn Bhd to be the turnkey engineering, procurement, construction and commissioning (EPCC) contractor for a 10MWac large-scale solar photovoltaic farm at Barang Padang, Perak. Read full story

KUALA LUMPUR: Unitrade Industries Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd in conjunction with its upcoming initial public offering (IPO) on Bursa Malaysia’s ACE Market. Read full story

KUALA LUMPUR: Bintai Kinden Corp Bhd’s wholly owned subsidiary kejuruteraan Bintai Kidenko Sdn Bhd has secured a contract from KLCC Urusharta Sdn Bhd to undertake the replacement of a transformer at Tower 2 Petronas Twin Towers. Read full story

LONDON: Shell will write down up to $5 billion following its decision to exit Russia, higher than previously disclosed, while soaring oil and gas prices boosted trading activities in the first quarter, the company said on Thursday. Read full story

KUALA LUMPUR: Gagasan Nadi Cergas Bhd plans to deliver more than 10,000 affordable houses over the next five years, beginning with the launch of 2,800 units in the current financial year ending Dec 31, 2022 (FY22). Read full story

KUALA LUMPUR: Bank Negara’s international reserve inched up to US$115.6bil as at March 31, from US$115.2bil as at March 15. Read full story