News

KUALA LUMPUR: Seng Fong Holdings Bhd has obtained the approval of the Securities Commission (SC) to list on the Main Market of Bursa Malaysia Securities Bhd. Read full story

KUALA LUMPUR: KPower Bhd is planning to expand into hydro assets ownership via a deal with Pristine Falcon Sdn Bhd to purchase the entire equity interest in One River Power Sdn Bhd for RM130mil in cash and shares. Read full story

NEW DELHI: Oil prices bounced on Tuesday, steadying after a sharp fall of 4% in the previous session, as worries over China’s fuel demand were soothed by the central bank’s pledge to support an economy hit by renewed COVID-19 curbs. Read full story

KUALA LUMPUR: Bursa Malaysia rebounded on Tuesday on bargain hunting activities, while ringgit climbed marginally against the US dollar. Read full story

KUALA LUMPUR: ACE Market-bound MN Holdings Bhd (MNHB) has secured RM32.5mil worth of underground utilities and substation engineering services and solutions contracts in Selangor and Johor. Read full story

KUALA LUMPUR: Hong Leong Financial Group Bhd (HLFG) has appointed Emily Kok as independent and non-executive director. Read full story

KUALA LUMPUR: The government is likely to introduce a targeted fuel mechanism to cushion the impact of the rising crude oil prices, especially on the lower income group. Read full story

KUALA LUMPUR: Kelington Group Bhd’s indirect subsidiary, Ace Gases Marketing Sdn Bhd (AGMSB) has accepted a letter of intent (LOI) from one of the largest optoelectronics semiconductor companies in the world for an onsite industrial gases supply scheme over a period of 10 years. Read full story

KUALA LUMPUR: The ringgit snapped its seven-day losing streak to rebound slightly on Tuesday as the market entered correction mode. Read full story

KUALA LUMPUR: Sime Darby Plantation Bhd (SDP) had on Tuesday submitted a report to the United States Customs and Border Protection (CBP) which will go towards lifting the Withhold Release Order (WRO) imposed on the company since December 2020. Read full story