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Well Chip Group’s IPO Shares Oversubscribed 12.87 Times
Main Market-bound Well Chip Group Bhd’s (WCGB) Initial Public Offering (IPO) has been oversubscribed 12.87 times. Malaysian Issuing House Sdn Bhd, in a statement today, said a total of 13,057...
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Are The Fed Rate Cuts Coming?
The Fed is inching towards its first rate cut, encouraged by a cooling US job market and slowing inflation. Fed Chair Powell signalled as much in his semi-annual Congress testimony this week as he...
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Genting Berhad’s Earnings Recover, Shares Lag
Genting Bhd (GENT MK) experienced a lacklustre year in terms of share price performance, despite a strong earnings recovery driven by increased visitor numbers at its Resorts World Genting and Resorts...
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Auto Parts Maker, KHPT Holdings Receives Approval For Listing
KHPT Holdings Berhad a local automotive manufacturer parts supplier has received approval from Bursa Malaysia Securities Berhad for its listing on the ACE Market of Bursa Securities. Based on the...
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Semiconductor Industry Poised For Growth, Supported By Advancements In AI,...
Looking ahead to 3Q2024, a notable 60% of Malaysian companies expressed optimism, driven primarily by demand for consumer electronics, automotive advancements and artificial intelligence (AI). The...
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Elridge Energy Signs With Kaf Investment Bank To Underwrite Ace Market IPO
Elridge Energy Holdings Berhad (EEHB) today signed an underwriting agreement with KAF Investment Bank Berhad (KAF IB) for the Company’s initial public offering (IPO) on the ACE Market of Bursa Malaysia...
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Selangor Aims To Contribute RM500 Billion To GDP In Next 3 Years
Selangor said it aims to contribute RM500 billion to the national gross domestic product (GDP) within three years. Expressing his confidence in the achievements of Invest Selangor Bhd over its 25-year...
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Sizing Up Semiconductors Sector
While the question “which end do you prefer?” may seem prima facie rather naughty to the uninitiated, the referenced positioning within fast-evolving global semiconductor supply chains is of key...
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Malaysia ‘A Data Centre Powerhouse’: Juwai IQI
In the third quarter of 2024, Malaysia is the fastest-growing data centre market in the industry’s fastest-growing region, according to new insights released today by global real estate and proptech...
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Kucingko’s IPO Shares Oversubscribed By 99.02 Times
Kucingko Berhad’s potential Initial Public Offering (IPO) debut on the Ace Market of Bursa Malaysia Securities Berhad has seen its shares reaching an oversubscription rate of 99.02 times. In a Bursa...
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Maxis Contemplates Buying Over U-Mobile
Kuala Lumpur-listed Maxis Bhd is considering buying out U Mobile Sdn Bhd to help it expand in the Asian country, according to people with knowledge of the matter. Bloomberg reported today that the...
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SMEs Urged to Harness AI and Influencer Marketing for Enhanced Productivity,...
Local small and medium enterprises (SMEs) have been urged to adopt artificial intelligence (AI) and strategically employ influencer marketing to achieve greater productivity and efficiency while...
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MCMC To Prepare Guidelines If Maxis – U Mobile Agree To Merge, Fahmi Says
The Malaysian Communications and Multimedia Commission (MCMC) will provide guidelines to Maxis Bhd (Maxis) and U Mobile should the two telecommunications companies agree to merge. Communications...
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U.S. Floats Tougher Trade Curbs In Chip Crackdown on China
The Biden administration has informed allies that it is considering using the most severe trade restrictions available for China if companies including Tokyo Electron and ASML Holding NV (AS:ASML)...
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ALPS Global Is First Biotech Company To Attain Unicorn Status
ALPS Global Holding Bhd (ALPS) has emerged as Malaysia’s first bio-based company to achieve unicorn status. Overall, ALPS becomes the second company to achieve this status in Malaysia after Carsome Sdn...
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Google Malaysia Launches Program For Small Publishers To Monetise From...
Google has announced the launch of the Google News Initiative’s Advertising Revenue Lab Malaysia, supported by the Ministry of Communications. This program aims to empower small and medium-sized news...
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China-Malaysia Summit Unites Innovators For Sustainable Development
The China-Malaysia Innovation Future Summit 2024 was held successfully at Sunway University, bringing together leaders and innovators to forge new paths in sustainable development and innovation....
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YTL Power Green Data Centre A Significant Earnings Contributor In 2026
The green data centre (DC) sector is set to expand significantly with YTL Power’s continuous growth and strategic initiatives, according to RHB Investment Bank (RHB). RHB maintained its BUY rating on...
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Acquisition Reports Of Synergy’s Subsidiary Could Have Triggered In Share Drop
Synergy House was issued an UMA yesterday by Bursa after the share price drops significantly by 22%, responding to the enquiry, the company said it is not aware of any corporate development relating to...
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SunCon Poised For 3-Year Earnings CAGR Of 24%
Sunway Construction has demonstrated strong performance with a significant rise in its target price to MYR6.29, driven by expanding data centre (DC) contracts and increasing industrial project wins....
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