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KUALA LUMPUR, July 30 (Bernama) -- MMIS Bhd plans to transfer its listing from the LEAP Market to the ACE Market of Bursa Malaysia in an exercise that will entail a cash exit offer from five shareholders (joint offerors).
By Zufazlin Baharuddin
KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia's key index closed at an intraday high today, supported by continued buying interest even as renewed geopolitical tensions and a weaker overnight lead from Wall Street following the US Federal Reserve's decision to stand pat on interest rates weighed on broader sentiment.
KUALA LUMPUR, July 30 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has begun mass production of its TXZ+ Family Entry-Class M4L Group microcontrollers, designed for next-generation home appliances, consumer products and industrial equipment.
KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia stayed lower at midday as renewed geopolitical tensions and the United States Federal Reserve's decision to stay pat on interest rates continued to dampen sentiment.
KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia remained lower at mid-morning, weighed down by continuous selling in selected heavyweights, mainly in the utilities counters.
KUALA LUMPUR, July 30 (Bernama) -- The government’s guarantee to depositors of Lembaga Tabung Haji (TH), currently worth RM88 billion, will be activated should TH fail to implement the LTH Recovery and Restructuring Plan 2018, according to the Tabung Haji Royal Commission of Inquiry (RCI).
KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) on Tabung Haji has recommended recovering RM2.19 million in bonuses paid to board members and management of TH Properties, as the bonuses were awarded without complying with prescribed regulations.
KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) into the management and operations of Lembaga Tabung Haji (TH) has recommended a forensic audit into 14 past investment decisions that resulted in significant asset impairments at the Islamic pilgrimage fund.
KUALA LUMPUR, July 29 (Bernama) -- IJM Corporation Bhd chairman Tan Sri Krishnan Tan will step down after more than four decades with the group, as he will not seek re-election at the company's annual general meeting (AGM) on Aug 27.
KUALA LUMPUR, July 29 (Bernama) -- Consistent inflows into the National Trust Fund (KWAN), including accumulated investment returns, are expected to double the fund's net assets in about 10 years, according to Deputy Finance Minister Liew Chin Tong.
PUTRAJAYA, July 29 (Bernama) -- The Smallholder Palm Oil Replanting Financing Incentive Scheme (TSPKS 2.0) implemented by the Plantations and Commodities Ministry (KPK) has benefited 4,364 smallholders involving an area of 12,145.51 hectares (ha) with a total financing of RM190.13 million as of June 30.
KUALA LUMPUR, July 29 (Bernama) – Bank Negara Malaysia (BNM) plans to set up a governance framework to ensure that MediAsas, Malaysia’s base medical and health insurance and takaful (MHIT) product, remains affordable and sustainable over the long term amid rising healthcare costs.
