Press Metal To Raise PMB Technology Stake To 58.8 Pct In RM464.95 Mln Deal

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.

Bursa Malaysia Ends Slightly Higher On Late Buying In Selected Heavyweights

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.

Maybank To Fully Own Maybank Ageas Holdings In RM4.83 Bln Deal

KUALA LUMPUR, Aug 3 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an Implementation Agreement (IA) with Ageas Insurance International NV (Ageas) to acquire the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion, paving the way for full ownership of the insurance and takaful holding company.

Foreign Investors Return To Net Buying With RM11.1 Mln Net Inflows

KUALA LUMPUR, Aug 3 (Bernama) -- Foreign investors returned to net-buying after the previous week of net-selling, recording RM11.1 million in net inflows, MBSB Investment Bank Bhd (MBSB IB) said.

Admi Shahrul Thrives On The Adrenaline Rush As Porsche’s Elite Sportscar Instructor

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 2 (Bernama) -- Racing a sports car can deliver an adrenaline rush, but for Admi Shahrul Ahmad Saffian, helping others master these high-performance vehicles gives him a sense of excitement and a passion that has become even more rewarding.

Bursa Malaysia Likely To Trade On An Upside Bias Next Week

By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 1 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week, supported by resilient corporate earnings, improving foreign fund inflows, and easing concerns over global trade.

TH Heeds RCI Recommendations, Distributes Profits Based On Audited Results

KUALA LUMPUR, July 31 (Bernama) -- Lembaga Tabung Haji’s (TH) profit distribution is only announced based on audited financial results, thus strengthening the integrity of the financial reporting process and increasing depositors' confidence in the institution. 

Bursa Malaysia Ends Higher On Blue-Chip Buying, Tracks Most Regional Markets

By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets.

Genting Plantations Unit Raises RM200 Mln In First Sukuk Murabahah Issuance

KUALA LUMPUR, July 31 (Bernama) -- Genting Plantations Bhd’s wholly owned subsidiary, Bina Restu Bhd, has completed its first issuance of RM200 million sukuk murabahah under its RM2 billion sukuk murabahah programme to finance the group’s property development activities.

Public Mutual Declares Over RM88 Mln In Distributions For Seven Funds

KUALA LUMPUR, July 31 (Bernama) -- Public Mutual, a wholly owned subsidiary of Public Bank Bhd, has declared distributions amounting to more than RM88 million for seven funds for the financial year ended July 31, 2026.

Asian LNG Prices May Decline If Peace Talks Progress - Rystad Energy

KUALA LUMPUR, July 31 (Bernama) -- Asian liquefied natural gas (LNG) prices are expected to decline further for the remainder of the year if peace talks between the United States (US) and Iran progress, according to Rystad Energy. 

TH's RM10 Bln Loss Could Have Funded B40 Haj Pilgrims For Over 20 Years

By Nor Baizura Basri

KUALA LUMPUR, July 31 (Bernama) -- The RM10 billion loss incurred by Lembaga Tabung Haji (TH) could have funded haj subsidies for a larger number of muassasah pilgrims -- particularly those from the B40 group -- to perform the pilgrimage over a period of more than 20 years.