News
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UEM Sunrise partners Affin Bank in the ‘Home Step Fast/i’ campaign
KUALA LUMPUR: UEM Sunrise Bhd has partnered with Affin Bank Bhd in the ‘Home Step Fast/i’ campaign to offer financing solutions to home buyers. Read full story
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Unitrade’s RM100mil public issue fully subscribed
KUALA LUMPUR: Unitrade Industries Bhd, which is slated to be listed on the Ace Market of Bursa Malaysia on June 14, said the public portion of its initial public offering (IPO) has been oversubscribed by 2.35 times. Read full story
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TNB unit issues RM1.5bil Sukuk Wakalah to fund Nenggiri project
KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) wholly-owned subsidiary TNB Power Generation Sdn Bhd (TPGSB) has issued RM1.5 billion worth of Sustainability Sukuk Wakalah under its Islamic medium-term notes programme of up to RM10 billion in nominal value. Read full story
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Alliance Bank to provide RM200mil in digital SME loans this year
KUALA LUMPUR: Alliance Bank Malaysia Bhd (Alliance Bank) plans to provide an additional RM200 million in Digital SME loans this year to help small and medium enterprises (SMEs) grow their business. Read full story
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F&N halts share trade pending material announcement
KUALA LUMPUR: Trading of Fraser & Neave Holdings Bhd’s (F&N) shares on Bursa Malaysia will be suspended from 9am on June 3 pending a material announcement. Read full story
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No changes to FBM KLCI’s constituents after index review
KUALA LUMPUR: There will be no changes to the constituents of the FTSE Bursa Malaysia KLCI (FBM KLCI), following the semi-annual review of the FTSE Bursa Malaysia Index Series. Read full story
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Global semiconductor equipment billings grow 5% in 1Q
PETALING JAYA: Global semiconductor equipment billings grew 5% year-over-year to US$24.7 billion in the first quarter of 2022, according to US-based Semiconductor Equipment Manufacturers Industry (SEMI). Read full story
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Tengku Zafrul: Worries from international investors among temporary factors of ringgit depreciation
KUALA LUMPUR: Worries from the international investor community are among the temporary factors contributing to the depreciation of the ringgit at the moment, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. Read full story
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U.S. labor market tightening; unemployment rolls smallest since 1969
WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly fell last week as demand for labor remained strong, helping to underpin the economy amid rising interest rates and tightening financial conditions. Read full story
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Oracle gains EU green light for US$28.3bil Cerner deal
BRUSSELS: U.S. business software maker Oracle Corp has secured unconditional EU antitrust clearance for its $28.3 billion acquisition of U.S. healthcare IT company Cerner Corp, the EU competition enforcer said on Thursday. Read full story
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