First Interim Profit Distribution Of RM126.9 Mln To Benefit 72,000 FELCRA Participants

MARAN, July 6 (Bernama) --  Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi has announced FELCRA Bhd’s first interim distributable profit for 2026, amounting to RM126.9 million.

AscentHR Expands Regional Payroll Capabilities With OS HRS Acquisition

KUALA LUMPUR, July 6 (Bernama) -- AscentHR, a human resources (HR) technology, payroll, compliance, and workforce solutions provider, has acquired OS HRS to expand its regional payroll capabilities across countries, enhancing support for multinational enterprises across the Asia-Pacific (APAC) and the Middle East.

Tax Exemption To TARC Education Foundation Subject To Compliance With Conditions -- MOF

PUTRAJAYA, July 6 (Bernama) -- The tax exemption granted to the TARC Education Foundation is subject to compliance with the conditions stipulated under tax laws, the Finance Ministry (MOF) said.

Bursa Malaysia Extends Gains At Midday

KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia extended its gains at midday, with financial services, healthcare and transportation stocks leading the gains among heavyweights.

JCAI Advises On Messer’s Acquisition Of WKS Group

KUALA LUMPUR, July 6 (Bernama) -- Japan Corporate Advisory Institute Ltd (JCAI), a Tokyo-headquartered cross-border mergers and acquisitions (M&A) advisory firm, has advised on the acquisition of WKS Group by Messer.

AscentHR Acquires OS HRS To Expand APAC Payroll Footprint

KUALA LUMPUR, July 6 (Bernama) -- AscentHR, a provider of human resources (HR) technology, payroll, compliance, and workforce solutions, has acquired OS HRS, a trusted Asia Pacific (APAC)-focused payroll outsourcing provider, to strengthen its payroll leadership in the region.

Financial Digitalisation Bolstering Malaysia's Food Security Agenda

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 6 (Bernama) -- Digital financial management could become an important enabler of Malaysia’s food security agenda by strengthening the financial resilience of paddy farmers, supporting productivity improvements and ensuring more sustainable domestic rice production.

MRCB Shares Rise In Early Trade On LRT3 Spillover Potential

KUALA LUMPUR, July 6 (Bernama) -- Shares of Malaysian Resources Corporation Bhd (MRCB) rose in early trade today on potential spillover effects from the Light Rail Transit 3 (LRT3) project, including transit-oriented development opportunities along the rail line.

Local Institutions Extend Net Buying Streak To 12 Consecutive Weeks - MBSB Research

KUALA LUMPUR, July 6 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to 12 consecutive weeks, recording net inflows of RM474.6 million last week.

Bursa Malaysia Opens Higher

KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia opened higher today, supported by improved investor sentiment, tracking Wall Street’s mostly positive performance last Friday.

KLCI Futures Mixed In Early Trade

KUALA LUMPUR, July 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened mixed on Bursa Malaysia Derivatives today.

Ringgit Opens Flat Against Greenback As Traders Reassess US Rate Hike Prospects

KUALA LUMPUR, July 6 (Bernama) -- The ringgit opened mostly flat against the US dollar on Monday as traders reassessed the likelihood of a United States (US) interest rate hike following a weaker-than-expected US nonfarm payrolls (NFP) data.