Stock Market & Investment News

KUALA LUMPUR: The FBM KLCI ended lower on Wednesday on profit-taking pressure even as energy stocks rose amid rising crude oil prices. Read full story

KUALA LUMPUR: The Brent crude price continued with its uptrend to close near US$89 (US$1=RM4.19) per barrel amid possible supply disruption following the latest unrest in the Middle East. Read full story

KUALA LUMPUR: Proton Holdings Bhd has signed a memorandum of agreement (MoA) with smart Automobile Co Ltd (smart) to introduce the latter’s range of New Energy Vehicles (NEVs) into the rapidly growing ASEAN automotive market. Read full story

KUALA LUMPUR: UEM Sunrise has launched the sales gallery for its latest development project, KAIA Heights, an exclusive hilltop high-rise condominium in Equine Park, Seri  Kembangan. Read full story

KUALA LUMPUR: Nestcon Bhd has secured a construction contract worth RM188.5mil from Konsortium Exsim Development Sdn Bhd (KED). Read full story

KUALA LUMPUR: Texchem Resources Bhd has proposed to acquire 1.40 million ordinary shares, or 28% stake in Sushi King Sdn Bhd for RM102.2mil cash. Read full story

KUALA LUMPUR: The tenure of an independent director on the boards of Bursa Malaysia-listed companies will be limited to 12 years, according to Bursa Malaysia. Read full story

KUALA LUMPUR: Berjaya Corp Bhd (BCorp) has proposed to dispose of its entire 71.73% stake in Berjaya Higher Education Sdn Bhd which owns Berjaya University College (BUC). Read full story