News
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Short position
CENTRAL Global Bhd (CGB) may be little-known but its stock price has a tendency to come to life periodically, albeit in fits and starts. In the past 12 months, its share price has gone up from 90 sen a piece to a high of RM2.70 last June before losing almost all of that rise by […]
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Tough times for IPOs
GONE are the days when investors on Bursa Malaysia are spoilt for choice when it comes to large listings. Read full story
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Targeted ESG regulations needed to ensure intended outcomes
INCENTIVES or disincentives for companies to encourage the adoption of environmental, social and governance (ESG) practices would need to be very precise and targeted. Read full story
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Sustainable recovery down south
THE Johor residential property market witnessed plenty of uncertainty over the past couple of years as a result of the Covid-19 pandemic. Read full story
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External trade surpasses RM2 trillion in 2021
KUALA LUMPUR: Malaysia’s external trade resgistered another historic performance in 2021, surpassing RM2 trillion for the first time, as well as recording the fastest growth since 1994. Read full story
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Bursa Malaysia posts RM355mil earnings in FY21
KUALA LUMPUR: Bursa Malaysia Bhd’s net profit decreased to RM355.25mil for the financial year ended Dec 31, 2021 (FY21), a 6% drop from RM377.74mil a year ago. Read full story
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AirAsia changes name to Capital A to reflect new core strategy
KUALA LUMPUR: AirAsia Group Bhd has finalised the name change of its listed holding company to Capital A Bhd to reflect its growing portfolio of travel and lifestyle businesses. Read full story
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Affin Hwang sells stake in asset management unit
KUALA LUMPUR: Affin Hwang Investment Bank Bhd (Affin Hwang IB) and select key senior management in the company have entered into a conditional deal to divest 7.59 million shares, or 68.35% stake, in Affin Hwang Asset Management Bhd (Affin Hwang AM) to CVC Capital Partners. Read full story
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Inta Bina wins RM161mil construction job
KUALA LUMPUR: Inta Bina Group Bhd has secured a construction contract worth RM160.6mil from Sunway Artessa Sdn Bhd, a joint-venture company of Sunway Bhd. Read full story
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CPO futures likely to see profit-taking next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower next week on profit-taking after prices rallied to above RM5,600 a tonne, Interband Group of Companies senior palm oil trader Jim Teh said. Read full story
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