| LATEST NEWS | Increase in coal prices has direct impact on electricity generation -- Akmal Nasrullah | Daily peak demand reached 21,949 megawatts on Sept 9, 4.7 per cent higher than the August average - Akmal Nasrullah | Key fuel sources record stronger price pressure in September compared to August, especially crude oil and LNG - Akmal Nasrullah | The government ensures domestic supply chain continues to function, supply of basic necessities sufficient and global cost pressures do not affect the people's well-being -- Akmal Nasrullah | The global supply crisis has shifted from managing temporary shocks to managing economic risks that are expected to persist -- Akmal Nasrullah | |
KUALA LUMPUR, Sept 11 (Bernama) -- IHH Healthcare Bhd said it suffered losses due to delays in obtaining the required mandatory tender offer (MTO) approvals for its acquisition of Fortis Healthcare amid a dispute between Japanese pharmaceutical company Daiichi Sankyo Co Ltd and its “judgment debtors.”
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia finished the week sharply lower on Friday amid another round of selling across regional markets, as persistently high crude oil prices continued to weigh on market sentiment, an analyst said.
KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by continued selling pressure in most heavyweight counters in line with weaker regional performance amid surging oil prices due to ongoing US-Iran tensions.
KUALA LUMPUR, Sept 11 (Bernama) -- Plantation counters remained in focus as investment banks maintained a positive stance following a surge in Brent crude oil prices beyond US$100 per barrel amid renewed US-Iran tensions.
KUALA LUMPUR, Sept 11 (Bernama) -- Rubber glove counters dominated active trading in the morning session, with their share prices rallying amid rising crude oil prices.
By Rosemarie Khoo & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia opened lower on Friday, tracking continued weakness on Wall Street as the prolonged US-Iran conflict and high crude oil prices weighed on sentiment, an analyst said.
KUALA LUMPUR, Sept 10 (Bernama) -- Paragon Globe Bhd's (PGB) wholly-owned subsidiary, PGBG Construction Sdn Bhd, has accepted a letter of award (LoA) worth RM45.16 million to provide earthworks and retaining walls for a data centre development in Johor.
KUALA LUMPUR, Sept 10 (Bernama) -- The Tokyo District Court has dismissed all claims brought by IHH Healthcare Bhd’s indirect wholly-owned subsidiary Northern TK Venture Pte Ltd (NTK) against Japanese pharmaceutical company Daiichi Sankyo Company Ltd.
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia finished lower on Thursday, along with other regional markets, as the widening war in West Asia and high oil prices weighed on sentiment.
KUALA LUMPUR, Sept 10 (Bernama) -- Construction services firm SLGC Bhd aims to raise RM29.4 million through an initial public offering (IPO) ahead of its planned listing on the ACE Market of Bursa Malaysia on Oct 6.
KUALA LUMPUR, Sept 10 (Bernama) -- Financing reform must keep pace with rising healthcare needs, providing affordable access across the life course with public resources being used strategically and vulnerable groups protected, said Deputy Economy Minister Datuk Seri Mohd Shahar Abdullah.
KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking Wall Street’s broadly weaker performance overnight amid rising crude oil prices and US Treasury yields, an analyst said.
