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EG Industries’ Subsidiary Secures RM547 Million 5G Photonic Related Product...

EG Industries Berhad’s (EGIB) wholly-owned subsidiary, SMT Technologies Sdn Bhd (SMTT) had, on 5 June 2024, secured confirmed purchase orders (PO) valued at USD117 million (RM546.858 million) for 5G...

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Sik Cheong To Raise RM17.8 Million In Ace Market IPO For Product, Market...

Sik Cheong Berhad (Sik Cheong) launched its prospectus today for its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities). Sik Cheong Berhad Managing...

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Global IT Outage Triggered By Microsoft Windows Issue Causes Major Disruptions

A massive IT outage caused by a Microsoft Windows issue has led to significant disruptions across various sectors worldwide, affecting airports, financial markets, and technology services. Airport...

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Security Expert Gives View How Global Outage Could Be Avoided

The whole world has been following the news of a global IT outage affecting thousands of business entities across the world, including airports and banks. It is already known that it was caused by a...

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IPO: BWYS Group’s Ace Market Debut Opens At 32 Sen, A 46% Premium

Sheet metal products manufacturer and scaffoldings supplier, BWYS Group Berhad (BWYS) IPO opened at 32 sen, representing a premium of 45.5% over the issue price of 22 sen, with an opening volume of...

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MCBA Urges NUBE For Dialogue Instead Of Picketing

The Malayan Commercial Banks’ Association (MCBA) said it is deeply concerned by NUBE’s recent protest actions while legal proceedings are still ongoing. Its Executive Director Looi Heong Ming said...

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NFOF RM1 Billion Investments To Take Off After October, Amir Hamzah Tells...

The establishment of the National Fund-of-Funds (NFOF) began with the initiative of Budget 2024 to strengthen Malaysia’s venture capital ecosystem by consolidating Malaysia Venture Capital Management...

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U Mobile Plans Over RM2.34 Billion Malaysia IPO In 2025

Mobile data service company U Mobile is planning a domestic initial public offering (IPO) that is expected to raise more than RM2.34 Billion (USD500 million) as early as the first half of 2025,...

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Well Chip Debuts On Bursa At RM1.65 Well Above IPO Price

Well Chip has debut on the stock exchange today at RM1.65 well above its listing price of RM1.15 with over 758,000 shares traded. The main market listed group saw its Initial Public Offering...

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Strong Correlation Between RCE Capital And Civil Service Pay Hike

RCE Capital Bhd has announced a 1-for-1 bonus issue, marking its second bonus issue in less than three years, according to a report by Maybank Investment Bank (Maybank). The company has proposed the...

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Trump Trade Poised To Shape Market Dynamics: Maybank

Donald Trump’s recent acceptance of the Republican nomination for the upcoming US Presidential Election has reignited discussions about the “Trump Trade,” a term reflecting his anticipated economic...

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Air Selangor To Shut 4 Water Treatment Plants, Water Cut In PJ, KL, Shah Alam...

The Selangor water management company Air Selangor has announced the temporary suspension of four water treatment plants namely Rantau Panjang Water Treatment Plant (LRA Rantau PanJang) as well as...

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YTL, Solidifying In The IBS Sector

YTL Corporation Berhad (YTL) has announced its subsidiary, YTL Cement, will acquire an 81.24% stake in SGX-listed NSL Ltd for SGD227.6 million (RM792.3 million), which represents a 5.6% premium over...

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BCX Carbon Credits Auction Marks Debut of Malaysian Forest Conservation...

Tomorrow, the Bursa Carbon Exchange (BCX) is set to host a landmark auction featuring carbon credits from Malaysia’s esteemed Kuamut Rainforest Conservation Project. This highly anticipated event...

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Nation’s Inflation Holds Steady At 2% With CPI Rising 3 Points

Malaysia’s inflation rate held steady at 2.0% in June 2024 maintaining the Consumer Price Index (CPI) at 133.0 points compared to 130.4 points a year earlier. The Department of Statistics Malaysia...

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Jack Ma’s Partner Dixon Zhang Considers Investment In Malaysia, Rafizi Says

Dixon Zhang, founder of Lianlian Group and an early investor in Jack Ma’s ventures, is contemplating a significant investment in Malaysia’s burgeoning fintech sector. This decision follows an...

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Enhancing Corporate Governance In Malaysia Via The Boardroom: An ICDM View

A key role played by any Board of Directors is to continuously take stock of their effectiveness and honestly evaluate themselves to identify where they stand, aside from setting the direction of the...

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Gamuda Launches Cluster Homes Called ‘Park Homes’

Gamuda Land has introduced ‘Park Homes’, a home typology concept that it is neither a terrace nor a semi-detached home – it is a category on its own which features a unique cluster of eight Park Homes....

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TM, Singtel Break Ground For New AI Data Centre In Johor

TM and Nxera, the regional data centre arm of Singtel’s Digital InfraCo unit, officially broke ground for their data centre campus in Iskandar Puteri, Johor, this comes one month after the announcement...

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Ahmad Zaki Awarded RM151.9 Million PD Specialist Hospital Project

Ahmad Zaki Resources Berhad announce that its wholly-owned subsidiary, Ahmad Zaki Sdn Bhd had received the Letter of Acceptance from the Government of Malaysia – Works Department for a project known as...

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