News
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UK’s National Grid to sell 60% stake in gas unit to Macquarie, BCI
LONDON: Britain’s National Grid says it will sell a 60% stake in its British gas transmission and metering business to Australia’s Macquarie Asset Management and British Columbia Investment Management Corp, as it shifts towards electricity. Read full story
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Trading ideas: MCE, Kanger, Uzma, G Capital
KUALA LUMPUR: JF Apex Research expects MCE Holdings Bhd, Kanger International Bhd, Uzma Bhd and G Capital Bhd to be among the stocks to watch on Tuesday. Read full story
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FBM KLCI opens lower on profit-taking
KUALA LUMPUR: Bursa Malaysia extended yesterday’s profit-taking to open lower amid lack of catalysts on the local front. Read full story
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Quick take: HeiTech Padu shares down on profit-taking
KUALA LUMPUR: Shares in HeiTech Padu Bhd trend lower in early trade Tuesday as investors take profit after recent gains. Read full story
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Ringgit opens lower against US dollar
KUALA LUMPUR: The ringgit opened lower against the US dollar on Tuesday as the greenback strengthened further following the Bank of Japan’s (BOJ) decision to buy 10-year Japanese Government Bonds (JGBs) from March 29 to 31. Read full story
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AirAsia: Only 0.8% of cash refund amount still outstanding
SEPANG: AirAsia Aviation Group Limited (AAAGL) has resolved over 99% of guest queries and refund requests set off by the Covid-19 pandemic over the past two years. Read full story
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Press Metal's placement share issue price fixed at RM5.94 per share
KUALA LUMPUR: Press Metal Aluminium Holdings Bhd has fixed the issue price for its 163.39 million placement shares at RM5.94 per share following the completion of bookbuilding exercise. Read full story
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Steps for special EPF withdrawal of RM10,000
KUALA LUMPUR: Members of the Employees Provident Fund (EPF) who wish to withdraw their EPF savings under the Special Withdrawal facility can do so through the pengeluarankhas.kwsp.gov.my portal. Read full story
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Bursa Malaysia remains in the red at midday
KUALA LUMPUR: Bursa Malaysia remained in negative territory at midday on continued profit taking in most heavyweights counters. Read full story
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Producer price index rises 9.7% in February 2022
KUALA LUMPUR: The Producer Price Index (PPI) local production, which measures the costs of goods at factory gate posted an increase of 9.7% in February 2022 as opposed to a 9.2% increase registered in January 2022. Read full story
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