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Sunway's Indirect Unit Secures Singapore Residential Site Worth SGD750.57 Mln

KUALA LUMPUR, June 23 (Bernama) -- Sunway Bhd's indirect wholly-owned subsidiary, SMCL Haven 3 Pte Ltd (SMCLH3), has secured a SGD750.57 million (RM2.4 billion) residential development site at River Valley Green, Singapore, through a joint bid with CSC Land Group (Singapore) Pte Ltd. 

Gold Futures Close Lower Amid Hawkish Fed Outlook

By Danni Haizal Danial Donald

KUALA LUMPUR, June 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday tracking softer United States COMEX markets as the hawkish US Federal Reserve (Fed) outlook on a potential interest rate hike weighed down market sentiment.

Bursa Malaysia Extends Decline Amid Persistent Uncertainties

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 23 (Bernama) --  Bursa Malaysia extended its losses on Tuesday as investors remained on the sidelines amid persistent uncertainties and the absence of significant market catalysts, an analyst said.

Teraju Approves Nearly RM134 Mln Financing For 143 Bumiputera Firms In Northern Corridor

BUTTERWORTH, June 23 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) approved nearly RM134 million in financing for 143 Bumiputera companies in the Northern Corridor Economic Region (NCER) in the period from Dec 1, 2024 to May 31, 2026.

AEON Credit Targets 8.0 Pct Loan Growth For FY2027

KUALA LUMPUR, June 23 (Bernama) -- AEON Credit Service (M) Bhd is targeting loan growth of about eight per cent for the financial year ending Feb 28, 2027 (FY2027), driven by revenue expansion, stable asset quality and enhanced operational efficiency.

Bursa Malaysia Opens Higher On Mild Bargain Hunting

By Rosemarie Khoo

KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia opened marginally higher on Tuesday on mild bargain hunting despite a mixed session on Wall Street, an analyst said. 

Bursa Malaysia Ends On Softer Note Amid Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 22 (Bernama) -- Bursa Malaysia ended on a softer note today as investors engaged in profit-taking following the recent rebound in the local market, an analyst said.

Ajinomoto Malaysia's Parent Company Offers RM20 Per Share In Privatisation Bid

KUALA LUMPUR, June 22 (Bernama) -- Ajinomoto (Malaysia) Bhd’s (AMB) parent company Ajinomoto Co Inc (Ajico) has proposed to privatise the food seasoning manufacturer via a selective capital reduction and repayment (SCR) exercise at RM20 per share.

Bursa Malaysia Opens Lower On Cautious Tone

KUALA LUMPUR, June 22 (Bernama) -- Bursa Malaysia opened lower on Monday on a cautious tone after a flat performance last Friday, amid Wall Street and Hong Kong market closures due to public holidays. 

KLCI Futures Likely To Trend Within The 1,700-1,730 Range Next Week

KUALA LUMPUR, June 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to trend within the 1,700-1,730 range next week, with the potential to test the upper end of the range should external sentiment remain favourable.

Bursa Malaysia Extends Winning Streak To Seven Sessions On Late Buying

By Siti Noor Afera Abu

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia’s composite index ended the week higher, extending its gains for a seventh consecutive session, supported by strong late-session buying in selected blue-chip counters.

AM Best Affirms Hyundai Marine & Fire Insurance Credit Ratings

KUALA LUMPUR, June 19 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s Hyundai Marine & Fire Insurance Co Ltd (HMF), with a stable outlook.