Tag Archives: Stock Market

KUALA LUMPUR: Boustead Holdings Bhd has appointed Datuk Maulizan Bujang as an independent non-executive director of the board. Read full story

KUALA LUMPUR: The Government has approved and decided to implement Regulatory Period 3 (RP3) under the incentive base regulation framework (IBR) for the period of February 2022 to December 2024. Read full story

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

KUALA LUMPUR: Sunway Real Estate Investment Trust’s (Sunway REIT) net property income (NPI) increased 86.5 per cent to RM123.1 million in the sixth quarter of its financial period ended Dec 31, 2021 (Q6 FP2021) from RM66 million in the second quarter of FP2021 (Q2 FP2021). Read full story

KUALA LUMPUR: Top Builders Capital Bhd has triggered the criteria pursuant to Paragraphs 2.1(a) and 2.1(e) of Practice Note No. 17 (PN17) of the Main Market Listing Requirements of Bursa Securities. Read full story

KUALA LUMPUR: The government has decided to maintain the current electricity tariff rate for domestic users in Peninsular Malaysia for the Regulatory Period 3 (RP3) from Feb 1 to Dec 31, 2024 under the Incentive-Based Regulation (IBR) mechanism. Read full story

SHANGHAI: Asian shares plunged to their lowest in nearly 15 months, short-term U.S. yields hit 23-month highs and the dollar strengthened on Thursday after the Federal Reserve’s chairman signalled plans to steadily tighten policy. Read full story

HONG KONG: China Evergrande Group shares slumped on Thursday after the developer’s thinly detailed roadmap for restructuring left investors dissatisfied and its indebted peers also fell on concerns higher interest rates would raise financing costs. Read full story

KUALA LUMPUR: AmBank Group has announced that Tan Sri Azman Hashim will retire as the non-independent, non-executive chairman and member of the board of directors of AMMB Holdings Bhd on March 31, 2022. Read full story

SHAH ALAM: The Genting Hong Kong bankruptcy has no impact on the country’s liquidity and economic growth, said Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali. Read full story

KUALA LUMPUR: Bursa Malaysia rebounded to end marginally higher due to bargain-hunting activities during the final hour of trading, said an analyst. Read full story

KUALA LUMPUR:  Uzma Bhd’s wholly-owned subsidiary Uzma Engineering Sdn Bhd has been awarded a “call-off order” from EnQuest Petroleum Production Malaysia Ltd (EnQuest) for the provision of a hydraulic workover unit (HWU) worth RM30 million. Read full story