KUALA LUMPUR, Aug 5 (Bernama) -- MNRB Holdings Bhd’s share price skyrocketed 9.7 per cent on Wednesday morning after it announced the divestment of its takaful business to Bank Rakyat for RM1.64 billion in cash.
KUALA LUMPUR, Aug 5 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) share price soared 4.38 per cent on Wednesday morning after it recently secured a data centre development in Johor worth RM1.02 billion.
KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia opened slightly higher on Wednesday, tracking overnight gains on Wall Street amid optimism over a possible agreement between the United States (US) and Iran to reopen the Strait of Hormuz, an analyst said.
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Tuesday, with gains led by the financial services and healthcare sectors, as investors rotated back into defensive and domestic-oriented sectors amid improving global risk appetite, an analyst said.
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia stayed higher on mid-morning with buying interspersed with selling in selected heavyweights, as investors remained cautious amid lingering geopolitical uncertainties.
KUALA LUMPUR, Aug 4 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) announced it has received a notification letter from The Nasdaq Stock Market LLC (Nasdaq), stating that it is not in compliance with the minimum requirement for a closing bid price of US$1 per share under Nasdaq Listing Rule 5550(a)(2). (US$1=RM4.09)
KUALA LUMPUR, Aug 4 (Bernama) -- Malayan Banking Bhd’s (Maybank) share price slid 0.55 per cent on Tuesday morning after announcing the acquisition of the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd yesterday.
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia opened higher on Tuesday but subsequently retreated as investors remained cautious amid persistent uncertainties in global markets, an analyst said.
KUALA LUMPUR, Aug 3 (Bernama) -- Press Metal Aluminium Holdings Bhd plans to acquire a 35.6 per cent stake in PMB Technology Bhd for RM464.95 million in cash, raising its interest to a controlling 58.8 per cent from 23.2 per cent.
By Engku Shariful Azni Engku Ab Latif & Karina Imran
KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia ended marginally higher on Monday supported by late buying in selected large-cap stocks amid improving investor sentiment, despite lingering geopolitical uncertainties, an analyst said.
KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia eased further in line with regional markets at mid-morning amid the latest developments in the West Asia conflict.
At 11.01 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.94 point lower to 1,723.96 from last Friday’s close of 1,724.90.
The benchmark index opened 0.36 point higher at 1,725.26.
KUALA LUMPUR, Aug 3 (Bernama) -- AMMB Holdings Bhd’s share price surged 3.25 per cent on expectations that its strategic shift towards higher-return segments and disciplined capital allocation would drive sustainable return-on-equity expansion.
