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Headline News

Bursa to trend higher next week

2018-02-24 themalaymailonline
According to Nazri, Bursa Malaysia will be supported by positive sentiment, brought on by Malaysia’s strong economic data such as a widened current account surplus, steady foreign reserves and an increase in labour productivity. — Bernama picKUALA LUMPUR, Feb 24 — Backed by the current upward momentum and positive external sentiment, Bursa Malaysia is expected to trend higher next week. (4-0)

Short position

2018-02-24 thestar.com.my
Finally, the long-speculated takeover of Kretam Holdings Bhd by Hap Seng Plantations Holdings Bhd has happened. (6-0)

Possible solutions for MP Corp

2018-02-24 thestar.com.my
LONG-AILING Malaysia Pacific Corp Bhd (MP Corp) inches closer to a permanent shutdown, as its troubles continue to mount after several years of financial distress. (4-0)

KLCI returns to the bulls

2018-02-23 thestar.com.my
Review: Coming out of the Chinese New Year (CNY) holidays on Monday, the equities market was ready to catch up to the positive performance by Wall Street the previous week. (10-0)

FGV not affected by EU ban on palm oil

2018-02-23 themalaymailonline
Felda Global Ventures Holdings Bhd CEO and president Datuk Zakaria Arshad speaks at a press conference in Kuala Lumpur February 23, 2018. ― Picture by Yusof Mat IsaKUALA LUMPUR, Feb 23 — The European Union’s (EU) plan to phase out palm-oil based biofuel from its energy mix from 2021 will not affect Felda Global Ventures Holdings Bhd (FGV) as its export to the EU is minimal, said its Group President and Chief Executive Officer, Datuk Zakaria Arshad. (6-0)

WTK Holdings takes a RM51mil hit

2018-02-23 thestar.com.my
KUALA LUMPUR: WTK Holdings Bhd said the winding up of wholly owned unit Alanya Marine Ventures Sdn Bhd (AMV) to result in a one off RM51mil loss for the company. (4-0)

Encorp suffers more losses

2018-02-23 thestar.com.my
KUALA LUMPUR: Encorp Bhd , the property firm controlled by Felda Investment Corp Sdn Bhd, made a RM28mil loss in the last three months ended Dec 31, 2017 as revenue drops by more than a quarter to RM106.8mil. (4-0)

The future is electric for Pestech

2018-02-23 thestar.com.my
The company, which reported a 68% jump in earnings in the second quarter ended Dec 31, expects its investment in rail electrification technology to open up new business opportunities in Malaysia and other neighbouring countries. (4-0)

Bursa ends higher on buying interest

2018-02-23 themalaymailonline
KUALA LUMPUR, Feb 23 ― Bursa Malaysia ended higher on continued buying interest in selected heavyweight stocks, led by the finance sector, coupled with the bounce on regional peers, dealers said. (8-0)

KL shares turn positive at mid-afternoon

2018-02-23 themalaymailonline
KUALA LUMPUR, Feb 23 — Sentiment on Bursa Malaysia turned positive at mid-afternoon, with buying support in bluechips lifting the barometer index higher, dealers said. (14-0)

Scientex buys plastic bag maker for RM190mil

2018-02-23 thestar.com.my
KUALA LUMPUR: Scientex Bhd is buying a plastic bag maker with a factory in Klang, Selangor for RM190mil cash, as the group seeks to expand its product portfolio in the packaging industry. (4-0)

Bursa ends morning session slightly lower

2018-02-23 themalaymailonline
KUALA LUMPUR, Feb 23 — Bursa Malaysia ended the morning session mixed, with the key barometer index lifted by buying activity in heavyweights stocks, led Public Bank and IHH Healthcare, dealers said. (14-0)

KL shares mixed at mid-morning

2018-02-23 themalaymailonline
KUALA LUMPUR, Feb 23 — Bursa Malaysia was mixed in cautious trading at midmorning, with the key barometer index lifted by buying activity in heavyweights stock, while in tracking the bounce on regional peers, dealers said. (8-0)

Bursa opens lower

2018-02-23 themalaymailonline
KUALA LUMPUR, Feb 23 — Bursa Malaysia opened lower today, but turned positive after six minutes of trading in tracking the mixed performance of regional peers, as Wall Street closed mixed overnight, dealers said (10-0)

Public Bank Q4 earnings edge up to RM1.49bil

2018-02-23 thestar.com.my
Moving into 2018, Public Bank expects to expand its corporate lending business by leveraging on its existing clients with a good track record, while on boarding new corporate clients in growth and resilient sectors. (8-0)


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