News

KUALA LUMPUR: Gas Malaysia Bhd’s net profit jumped to RM91.32 million in the first quarter ended March 31, 2022, from RM55.63 million in the same period a year earlier. Read full story

KUALA LUMPUR: Toyo Ventures Holdings Bhd, which was slapped with an unusual market activity (UMA) query by Bursa Malaysia earlier, said it is unaware of any reason for the sharp rise in its share price and volume recently. Read full story

KUALA LUMPUR: Banks are revising their reference rates following Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) increased to two per cent from 1.75 per cent. Read full story

KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd’s (Takaful Malaysia) net profit decreased to RM86.77 million in the first quarter ended March 31, 2022 (Q1FY22) from RM101.14 million in the same quarter last year. Read full story

KUALA LUMPUR: Berjaya Food Bhd’s (BFood) net profit jumped almost three fold to RM31.57mil in the third quarter ended March 31, (3Q22) against RM11.6mil a year ago in tandem with the higher revenue recorded in during the quarter. Read full story

KUALA LUMPUR: RHB Banking Group will revise its base rate (BR) and base lending/financing rate (BLR/BFR) upwards by 25 basis points effective May 18 in line with the increase in the overnight policy rate (OPR) by Bank Negara. Read full story

KUALA LUMPUR: The door for a further hike in the overnight policy rate (OPR) of another 25 basis points (bps) in the near term is still open in the second half of this year, subject to the stability of economic growth, pace of inflationary rate and improvements in the macroeconomic conditions. Read full story

KUALA LUMPUR: Heineken Malaysia Bhd’s net profit jumped 54.2% to RM113.38mil in the first quarter ended March 31 from RM73.53mil a year ago, driven by revenue growth. Read full story

KUALA LUMPUR: Integrated industrial space solutions provider AME Elite Consortium Bhd has secured shareholders’ approval at the extraordinary general meeting today for the proposed listing of its real estate investment trust (AME REIT) on Bursa Malaysia’s Main Market. Read full story

KUALA LUMPUR: PRG Holdings Bhd’s independent non-executive chairman Datuk Dr Awang Adek Hussin will be resigning from the group’s board, effective May 30. Read full story