PETALING JAYA: Members of the public are welcome to a walk-in sales preview coinciding with the launch of M333 St Kilda by Matrix Concepts, the property developer’s latest development in Australia, from 12pm to 5pm tomorrow (May 29, 2022) at Brick Studio by Metal Bees, Sunway Damansara. Read full story
KUALA LUMPUR: Strong economic fundamentals and prudent ringgit management are expected to contribute to the strengthening of the ringgit against the US dollar despite several temporary factors that have contributed to the ringgit’s current depreciation, Minister of Finance Tengku Datuk Seri Zafrul Tengku Abdul Aziz said. Read full story
KUALA LUMPUR: Tuju Setia Bhd posted a lower net profit of RM421,000 in the first quarter ended March 31 (1Q22), compared with RM3.49mil last year, escalated building materials and labour costs as well as preliminaries costs. Read full story
KUALA LUMPUR: Axiata Group Bhd has appointed Dr Hans Wijayasuria and Vivek Sood as interim joint acting group chief executive officers effective June 1, 2022 as Datuk Izzaddin Idris steps down. Read full story
KUALA LUMPUR: The ringgit recovered some of its losses against the US dollar to end the week on a firmer note although the United States Federal Reserve (Fed) will continue its interest rate hike campaign throughout the year, said an analyst. Read full story
KUALA LUMPUR: Boustead Holdings Bhd posted a 573 per cent net profit surge, or RM290.30 million, for the first quarter ended March 31, 2022 (Q1 2022). Read full story
KUALA LUMPUR: Cnergenz Bhd, which was listed on the ACE Market of Bursa Malaysia on Tuesday, posted a net profit of RM3.64mil in the first quarter ended March 31. Read full story
KUALA LUMPUR: MSM Malaysia Holdings Bhd posted a net loss of RM27.68mil in the first quarter ended March 31 from a net profit of RM31.18mil a year prior. Read full story
KUALA LUMPUR: IJM Corp Bhd’s net profit jumped 83.2% to RM794.89mil in the full financial year ended March 31 (FY22) from RM433.88mil a year earlier, mainly due to the gain from the divestment of its plantation business. Read full story
KUALA LUMPUR: Malaysian Bulk Carriers Bhd’s (Maybulk) net fell 43.7% to RM8.44mil in the first quarter ended March 31 (1Q), from RM15mil a year earlier. Read full story
KUALA LUMPUR: Hap Seng Consolidated Bhd registered a higher net profit of RM156.30 million in the first quarter ended March 31, 2022 (Q1 2022) from RM120.83 million last year, thanks to growth recorded in most segments. Read full story
KUALA LUMPUR: RAM Ratings Services Bhd is optimistic on the digital bank licences recently secured by four RAM-rated entities although no immediate rating impact is expected. Read full story