Stock Market & Investment News
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Bursa Malaysia ends broadly higher
KUALA LUMPUR: Bursa Malaysia ended the week broadly higher due to bargain-hunting activities in the lower liners and technology stocks, an analyst said. Read full story
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KLCC REIT returns to the black in 4Q
KUALA LUMPUR: KLCC Real Estate Investment Trust (Reit) swung to a net profit of RM70.32mil in the fourth quarter ended Dec 31, 2021 (4Q21), from a net loss of RM41.83mil. Read full story
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SDP's report on forced labour allegation close to completion
KUALA LUMPUR: Sime Darby Plantation Bhd’s (SDP) report on the assessment of allegations regarding forced labour used in its plantations is now close to completion, group managing director Mohamad Helmy Othman Basha said. Read full story
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Financial Sector Blueprint 2022-2026 initiatives complement current banking infrastructure
KUALA LUMPUR: The Financial Sector Blueprint 2022-2026 (FSB3) is complementary with the current banking infrastructure, said Bank Negara Malaysia. Read full story
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Boustead, Boustead Plantations appoint new directors
KUALA LUMPUR: Boustead Holdings Bhd has appointed Datuk Maulizan Bujang as an independent non-executive director of the board. Read full story
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TNB gets nod for RP3; electricity tariff remains
KUALA LUMPUR: The Government has approved and decided to implement Regulatory Period 3 (RP3) under the incentive base regulation framework (IBR) for the period of February 2022 to December 2024. Read full story
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Inta Bina secures RM160.6mil construction contract
KUALA LUMPUR: Inta Bina Group Bhd has secured a construction contract worth RM160.6mil from Sunway Artessa Sdn Bhd, a joint venture company of Sunway Bhd. Read full story
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Sunway REIT net property income up 86.5% in Q6 FP2021
KUALA LUMPUR: Sunway Real Estate Investment Trust’s (Sunway REIT) net property income (NPI) increased 86.5 per cent to RM123.1 million in the sixth quarter of its financial period ended Dec 31, 2021 (Q6 FP2021) from RM66 million in the second quarter of FP2021 (Q2 FP2021). Read full story
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Top Builders triggers PN17 criteria
KUALA LUMPUR: Top Builders Capital Bhd has triggered the criteria pursuant to Paragraphs 2.1(a) and 2.1(e) of Practice Note No. 17 (PN17) of the Main Market Listing Requirements of Bursa Securities. Read full story
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Govt decides to maintain electricity tariff from Feb 1, 2022 to Dec 31, 2024
KUALA LUMPUR: The government has decided to maintain the current electricity tariff rate for domestic users in Peninsular Malaysia for the Regulatory Period 3 (RP3) from Feb 1 to Dec 31, 2024 under the Incentive-Based Regulation (IBR) mechanism. Read full story
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