KUALA LUMPUR: Pos Malaysia Bhd aims to focus on cultural transformation throughout this year with a complete refresh on the value, purpose, guidance principal and customer promise, said its group chief executive officer Charles Brewer. Read full story
SINGAPORE: Oil prices extended gains on Wednesday amid simmering geopolitical tensions as Russia cut gas supplies to Bulgaria and Poland, while hopes of Chinese economic stimulus buoyed the demand outlook. Read full story
KUALA LUMPUR: The FBM KLCI closed lower today as investors stayed cautious following the steep slide on Wall Street overnight. Read full story
KUALA LUMPUR: Petronas Gas Bhd (PGB) is allocating a slightly higher capital expenditure (capex) of RM1.4 billion for the financial year ending Dec 31, 2022 (FY22) compared to RM1.2 billion in FY21. Read full story
KUALA LUMPUR: Bursa Malaysia Bhd and its subsidiaries will be closed on May 2, in conjunction with the Labour Day replacement holiday. Read full story
KUALA LUMPUR: Gadang Holdings Bhd’s net profit rose more than three-fold year-on-year to RM5.45 for the third quarter ended Feb 28 (3Q22) from RM1.52mil previously, due to better profit margin for ongoing projects. Read full story
KUALA LUMPUR: Samchem Holdings Bhd’s net profit rose to RM19.59mil in the first quarter ended March 31, 2022 (1Q22) from RM18.95mil in the previous corresponding period. Read full story
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has issued its second Senior Sukuk Wakalah of RM800 million pursuant to its Sukuk Wakalah Programme of RM5 billion in nominal value. Read full story
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
KUALA LUMPUR: Bursa Malaysia rebounded on Tuesday on bargain hunting activities, while ringgit climbed marginally against the US dollar. 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