Stock Market & Investment News
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Malaysia aims to fully implement B20 biodiesel mandate by year-end
KUALA LUMPUR: Malaysia plans to implement its nationwide adoption of the B20 palm oil biofuel programme by the end of 2022, the country’s palm oil board said on Wednesday. Read full story
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Zuraida: Palm oil industry to maintain positive performance in 2022
PUTRAJAYA: The palm oil industry, being the fourth largest contributor to the economy, is expected to maintain its 2021 performance in 2022 backed by various marketing and promotional efforts to be conducted by the Ministry of Plantation Industries and Commodities and its agencies. Read full story
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KLCI rebounds on stronger buying interest
KUALA LUMPUR: Bursa Malaysia rebounded on Wednesday after yesterday’s dip on strong buying interest in healthcare stocks. Read full story
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Agrobank appoints Ahmad Badli as president/CEO
KUALA LUMPUR: Agrobank has appointed Tengku Ahmad Badli Shah Raja Hussin as the president /chief executive officer effective Jan 3, 2022. Read full story
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IHH Healthcare to file motion to dismiss US$6.5bil suit by Emqore Envesecure
KUALA LUMPUR: IHH Healthcare Bhd intended to file a motion to dismiss the amended complaint by Emqore Envesecure Private Capital Trust for the suit involving damages in excess of US$6.5 billion (US$1=RM4.19). Read full story
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APB Resources secures RM10.4mil purchase order
KUALA LUMPUR: APB Resources Bhd has secured a RM10.4mil contract to undertake works involving mechanical engineering, procurement and construction of pressure vessels, columns and heat exchangers. Read full story
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LBS to launch 14 new projects with GDV of RM1.77bil in 2022
KUALA LUMPUR: LBS Bina Group Bhd (LBS) planned to launch 14 new projects in 2022 – which will cover Klang Valley, Johor, Pahang and Perak – amounting to 3,733 units with a gross development value (GDV) of RM1.77 billion. Read full story