News
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Gold set for worst month since September on Fed rate-hike prospects
GOLD prices fell on Monday and were set for the biggest monthly drop since last September, as markets anticipated higher rate hikes by the U.S. Federal Reserve on the back of key economic data, while a stronger dollar put further pressure on bullion. Read full story
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Theta Edge unit designated universal service provider for Jendela Phase 1
KUALA LUMPUR: Theta Edge Bhd’s unit Theta Telecoms Sdn Bhd has been appointed the designated universal service provider for the provision and implementation of the Jendela Phase 1 project issued by the Malaysian Communications and Multimedia Commission. Read full story
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Genting Skyworlds to open on Feb 8
KUALA LUMPUR: Genting SkyWorlds Theme Park, Southeast Asia’s most anticipated theme park, will open its doors to the public on Feb 8, 2022. Read full story
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Public Mutual declares over RM65mil in distributions for 11 funds
KUALA LUMPUR: Public Mutual Bhd, a wholly-owned subsidiary of Public Bank, has declared distributions totalling more than RM65 million for 11 funds for the financial year ended Jan 31, 2022. Read full story
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Mykris changes name to Zenworld
KUALA LUMPUR: Mykris International Bhd has changed its name to Zenworld Holdings Bhd. Read full story
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VentureTECH names Ahmad Redzuan Sidek as deputy CEO
CYBERJAYA: VentureTECH today announced the appointment of Ahmad Redzuan Sidek as the Deputy Chief Executive Officer. Read full story
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FGV gets 6-month extension to comply with public spread requirement
KUALA LUMPUR: FGV Holdings Bhd has received a six-month extension from Bursa Malaysia Securities Bhd (Bursa Securities) to comply with the exchange’s Public Shareholding Spread Requirement. Read full story
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Jerasia Capital the latest addition to PN17 list
KUALA LUMPUR: Jerasia Capital Bhd has become the latest company to be classified as an affected listed issuer under Practice Note 17 (PN17) of the Main Market Listing Requirements (MMLR), bringing the number of PN17 companies to 25 as of today. Read full story
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Damansara Holdings proposes private placement to raise RM14.76mil
KUALA LUMPUR: Damansara Holdings Bhd (DBHD) has proposed to undertake a private placement of its shares to raise an estimated RM14.76 million for working capital purposes. Read full story
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TH Heavy Engineering appoints Ahmad Yusof Mohamad as CEO
KUALA LUMPUR: TH Heavy Engineering Bhd (THHE) has appointed Ahmad Yusof Mohamad as its new CEO, effective Feb 1, 2022. Read full story
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