News
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KLCI closes at day's low, breadth turns negative
KUALA LUMPUR: The FBM KLCI saw its gains reversed at market close, ending 0.14% lower, after staying in positive territory for most of the day. Read full story
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Sime Darby appoints former Foreign Ministry sec-gen as director
KUALA LUMPUR: Sime Darby Bhd has appointed Tan Sri Muhammad Shahrul Ikram Yaakob as independent and non executive director. Read full story
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Fiscal responsibility bill aims to keep country's debt in check, says MoF
KUALA LUMPUR: The planned Fiscal Responsibility Bill that will be tabled at the next parliament session will put into law some of the country’s bigger picture financial targets, said the finance ministry’s Deputy Secretary General of Treasury (Policy) Datuk Johan Mahmood Merican. Read full story
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Ringgit almost flat against US dollar
KUALA LUMPUR: The ringgit was almost flat against the US dollar at the close today as investors shifted their buying appetite towards safe haven assets such as the greenback amid the expectation that the near-term economic outlook appears to be challenging, said an analyst. Read full story
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MSM in continuous talks with govt for review of sugar ceiling price
KUALA LUMPUR: Sugar industry players including MSM Malaysia Holdings Bhd are engaging the government to review the ceiling price of sugar amid rising raw material and freights costs. Read full story
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ALR, expressway concession firms finalise terms and conditions of agreement
KUALA LUMPUR: Amanat Lebuhraya Rakyat Bhd (ALR) and the four expressway concession companies which received its offer letters have finalised the terms and conditions of the draft share sale and purchase agreement, Gamuda said. Read full story
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Ranhill secures RM6.1mil contract from MSM Sugar Refinery
KUALA LUMPUR: Ranhill Utilities Bhd’s wholly-owned subsidiary Ranhill Water Technologies Sdn Bhd (RWT) has secured a RM6.1mil job from MSM Sugar Refinery (Johor) Sdn Bhd. Read full story
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Unique Fire inks underwriting agreement with Alliance Islamic Bank
KUALA LUMPUR: Unique Fire Holdings Bhd has signed an underwriting agreement with Alliance Islamic Bank Bhd (AIS) for the group’s upcoming listing on the ACE Market. Read full story
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Tengku Zafrul denies rumours of his political ambition
PUTRAJAYA: Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has brushed aside talks on his political ambition including the rumour that he will be contesting the Kuala Selangor parliamentary seat. Read full story
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Pimpinan Ehsan enters second supplemental agreement, announces regularisation plan
KUALA LUMPUR: Main Market-listed Pimpinan Ehsan Bhd (PEB) has entered into a second supplemental and restated share sale agreement (supplemental SSA II) with B.Grimm Power (Malaysia) Sdn Bhd, reNIKOLA Sdn Bhd, Boumhidi Adel and Tengku Zaiton Sultan Abu Bakar on the proposed acquisition of reNIKOLA Holdings Sdn Bhd and its subsidiaries. Read full story
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