Stock Market & Investment News
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Over 1,000 stocks in red; KLCI closes at intra-day low of 1,557.55
KUALA LUMPUR (Feb 24): The rollout of the country’s vaccination programme with Prime Minister Tan Sri Muhyiddin Yassin taking his first vaccine jab today did…
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Parliament can convene during emergency, says King
KUALA LUMPUR (Feb 24): The Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah has stated that Parliament may convene during the emergency period on…
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Malaysia’s new Covid-19 cases rise to 3,545 with spike in Negeri Sembilan; 12 more deaths reported
KUALA LUMPUR (Feb 24): Malaysia’s new Covid-19 cases rose to 3,545 today from 2,468 recorded yesterday, with 12 more deaths, said the Health Ministry. This was…
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TM to invest 14% to 18% of FY21 revenue for capex
KUALA LUMPUR (Feb 24): Telekom Malaysia Bhd (TM) will be investing between 14% and 18% of its annual revenue for the financial year ending Dec…
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AEON's net profit dips to RM41.42 mil in FY2020
KUALA LUMPUR (Feb 24): AEON Co (M) Bhd’s net profit for the financial year (FY) ended Dec 31, 2020, fell to RM41.42 million from RM109.229…
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AirAsia Group recognises RM299m loss on Japan associate's bankruptcy proceedings
KUALA LUMPUR (Feb 24): AirAsia Group Bhd said today the budget airline has recognised a loss of US$74.11 million (RM299.34 million) in the second half…
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Inari Amertron posts best quarterly net profit in 2Q, to pay 2.5 sen dividend
KUALA LUMPUR (Feb 24): Inari Amertron Bhd posted its best-ever quarterly net profit of RM90.1 million in the second quarter ended Dec 31, 2020 (2QFY21),…
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Destini forms JV with KTMB for rail maintenance
KUALA LUMPUR (Feb 24): Destini Bhd has entered into an agreement with Keretapi Tanah Melayu Bhd (KTMB) to establish a joint-venture (JV) company, ET Sdn…