Stock Market & Investment News

SINGAPORE: Oil prices lost ground on Thursday, falling from their highest levels in more than a month after U.S. fuel stockpiles surged amid declining demand. Read full story

PETALING JAYA: The Securities Commission (SC) said it would be in touch with Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki and other parties involved for an explanation over the issue of him acquiring shares in two companies in 2015. Read full story

KUALA LUMPUR: Pecca Group Bhd has proposed to undertake a bonus issue of up to 564 million new ordinary shares on the basis of three bonus shares for every one existing Pecca share held. Read full story

KUALA LUMPUR: Bursa Malaysia succumbed to selling pressure on Thursday following the hawkish minutes from the US Federal Reserve. Read full story

PETALING JAYA: Samaiden Group Bhd’s wholly-owned subsidiary, Samaiden Sdn Bhd (Samaiden), has entered into a strategic partnership agreement with SWG Technologies (M) Sdn Bhd, a wholly-owned subsidiary of Sinowaja (M) Sdn Bhd to collaborate in providing solutions for the renewable energy (RE) market in Sabah and Sarawak. Read full story

KUALA LUMPUR: Petronas has donated over 1,000 units of cooking gas cylinders and more than RM1 million worth of cleaning equipment and necessities to the Selangor state government to assist those affected by the recent floods in the state. Read full story

KUALA LUMPUR: FGV Holdings Bhd has made the first issuance of RM500 million nominal value Sukuk Murabahah pursuant to the Sukuk Murabahah Programme on Dec 31, 2021. Read full story

KUALA LUMPUR: Proton Holdings Bhd (Proton) has appointed Roslan Abdullah as its deputy chief executive officer (CEO), effective Jan 1, 2022. Read full story

PETALING JAYA: Lion Industries Corp Bhd (LICB) has proposed to acquire 80 acres of leasehold agriculture land in Sepang, Selangor, for RM23mil cash. Read full story