Stock Market & Investment News

KUALA LUMPUR: Fraser & Neave Holdings Bhd will prioritise on improving and managing costs particularly its cost of goods sold (COGS) for its short-term outlook, amid the tough 2022 due to the lingering COVID-19 pandemic and higher commodity prices, chief executive office Lim Yew Hoe said. Read full story

SINGAPORE/ZURICH: Credit Suisse will stick to its strategic overhaul despite the abrupt departure of its mastermind Antonio Horta-Osorio following an internal probe into his personal conduct, including breaches of COVID-19 rules, the embattled bank’s new chairman said on Monday. Read full story

KUALA LUMPUR: A consortium, comprising SMTrack Bhd along with five other listed companies, has signed a Heads of Agreement (HoA) with 5G Infra Tech Solution Sdn Bhd to undertake a series of corporate exercises. Read full story

KUALA LUMPUR: The FBM KLCI closed below the 1550-point level on Monday, as profit-taking in selected heavyweights continued to pull the key index lower. Read full story

PETALING JAYA: Sunway Property is targeting RM2.2 billion in sales and RM2.3 billion in launches this year, with almost 70 per cent of its new launches in Malaysia. Read full story

KUALA LUMPUR: NWP Holdings Bhd and its wholly owned subsidiaries NWP O&M Sdn Bhd, NWP Aquatech Sdn Bhd and NWP Builder Sdn Bhd (plaintiffs) have filed legal action against its managing director Datuk Seri Kee Soon Ling and independent non-executive director Yew Onn Chong (defendants) over alleged fraudulent transactions undertaken by them from 2016 to […]

KUALA LUMPUR: Sarawak Consolidated Industries Bhd’s (SCIB) shares will be resumed trading on Jan 19 following the release of its annual report 2021. Read full story

KUALA LUMPUR: The role of economic corridor authorities will be enhanced as the government accelerates strategic regional development under the 12th Malaysia Plan (12MP), said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. Read full story

KUALA LUMPUR: KPower Bhd has redesignated Mustakim Mat Nun from deputy chairman to executive chairman with immediate effect. Read full story