Tag Archives: Stock Market

KUALA LUMPUR: Datuk Khairussaleh Ramli will be appointed group president and CEO of Maybank on May 1, 2022. Read full story

KUALA LUMPUR: Affin Bank Bhd will be selling its asset management arm, Affin Hwang Asset Management Bhd, to private equity fund CVC Capital Partners for over RM2bil, according to a business news portal. Read full story

KUALA LUMPUR: Boustead Heavy Industries Corporation Bhd (BHIC) will extend its fullest co-operation to the Malaysian Anti-Corruption Commission (MACC) and other authorities in any investigation pertaining to the Littoral Combat Ship (LCS) project. Read full story

KUALA LUMPUR: CapitaLand Malaysia REIT Management Sdn Bhd intends to lessen its reliance on retail segment by diversifying into industrial real estate, logistics and data centres over the next year. Read full story

KUALA LUMPUR: AirAsia X Bhd (AAX) has signed a partnership deal with French logistics firm Geodis, aiming to develop cargo capacity and generate revenue while passenger flights remain grounded due to coronavirus travel curbs, the airline said in a statement on Wednesday. Read full story

KUALA LUMPUR: Bursa Malaysia ended higher on Wednesday on bargain-hunting following yesterday’s sell-off. Read full story

KUALA LUMPUR: AWC Bhd has secured a contract worth RM7.12mil from Keretapi Tanah Melayu Bhd (KTMB) to upgrade and replace the new cushion pad passenger seat. Read full story

KUALA LUMPUR: Hong Seng Consolidated Bhd has proposed to acquire a 100% stake in Premiumway Development Sdn Bhd (PDSB) for RM1.09mil. Read full story

KUALA LUMPUR: IGB Real Estate Investment Trust’s (REIT) net profit rose to RM73.59 million in the fourth quarter (Q4) ended Dec 31, 2021, compared with RM72.1 million in the same quarter of the preceding year. Read full story

KUALA LUMPUR: RHB Bank Bhd’s group managing director/group chief executive officer Datuk Khairussaleh Ramli has tendered his resignation effective March 25, 2022. Read full story

KUALA LUMPUR: Jiankun International Bhd has entered into a joint venture (JV) agreement with Menara Rezeki Sdn Bhd and Menara Rezeki Properties Sdn Bhd to undertake the proposed redevelopment of the existing Flat PKNS Jalan Tun Razak in Kampong Bharu with a gross development value (GDV) of RM1.2bil. Read full story

KUALA LUMPUR: The Ministry of Finance (MoF) is confident that the Royal Malaysian Customs Department will be able to achieve its target of collecting between RM1 billion and RM2 billion under the VA Programme from early this year until Sept 30, 2022. Read full story