SD Guthrie To Dispose Of Kuala Selangor Land For RM798.31 Mln
KUALA LUMPUR, July 15 (Bernama) -- SD Guthrie Bhd has entered into two conditional sale and purchase agreements (SPAs) to dispose of freehold land in Kuala Selangor for RM798.31 million.
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Widad Appoints Tengku Shaifuddin As Chairman, Nor Azlan As Group MD
KUALA LUMPUR, July 15 (Bernama) -- Widad Group Bhd has announced the appointment of Datuk Tengku Shaifuddin Tengku Jamaluddin as its new chairman and Nor Azlan Zainal as group managing director effective today.
CPO Futures Retreat After Two-day Rally On Rising Palm Oil Supply
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, July 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Wednesday amid concerns over rising palm oil production and inventories in Malaysia.
Siti Asiah Is Appointed Chief Statistician
PUTRAJAYA, July 15 (Bernama) – Department of Statistics Malaysia’s deputy chief statistician (economic programme) Siti Asiah Ahmad has been named chief statistician, effective today.
Gold Futures Close Higher
KUALA LUMPUR, July 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher as investors turned to safe-haven assets, despite weaker prices on the US Commodity Exchange (COMEX).
Ringgit Ends Flat Against US Dollar
By Abdul Hamid A Rahman
KUALA LUMPUR, July 15 (Bernama) -- The ringgit ended virtually unchanged against the US dollar today as concerns over China’s weaker economic performance and renewed geopolitical tensions offset softer-than-expected US inflation data.
Life Water To Acquire 90 Pct Stake In Hung Tai Group For RM46.8 Mln
KUALA LUMPUR, July 15 (Bernama) -- Sabah-based beverage manufacturer Life Water Bhd has entered into a share sale agreement (SSA) to acquire a 90 per cent equity interest in the Hung Tai Group for RM46.8 million.
KLCI Futures Close Lower
KUALA LUMPUR, July 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Wednesday.
Tafi's Unit Secures RM135 Mln Construction Contract
KUALA LUMPUR, July 15 (Bernama) – TAFI Industries Bhd’s wholly-owned subsidiary, TAFI Home & Office Sdn Bhd has accepted a letter of award from Armani KPF2 Development Sdn Bhd involving works on a mixed commercial development in Setia Alam, Selangor.
Govt To Study The Need For National Petroleum Reserve Stock - PM Anwar
KUALA LUMPUR, July 15 (Bernama) -- The government will study the need and strategies for creating a national petroleum reserve stock as a measure to ensure energy security and strengthen the country's resilience in the face of geopolitical uncertainties and global supply crises.
Malaysia Not Seeing Two-Speed Economy As Growth Remains Broad-Based -- Economist
KUALA LUMPUR, July 15 (Bernama) -- Malaysia is not showing signs of a two-speed economy despite heightened global trade tensions and geopolitical uncertainties, with growth continuing to be supported by broad-based contributions from the manufacturing, services and construction sectors.
Bursa Malaysia Ends Lower, Weighed By Profit-taking In Banking, Energy Stocks
By Siti Noor Afera Abu
KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia’s key index closed lower as investors locked in profits following three consecutive sessions of gains, with banking and oil and gas counters leading the decline.