KUALA LUMPUR: Mah Sing Group Bhd will host a preview and unit selection for three of its developments — M Centura, M Vista, and Meridin East — at their respective show galleries tomorrow and on Sunday.

The preview is in line with the group’s “Reinvent Affordability” campaign which aims ...

Preview for three new Mah Sing developments

KUALA LUMPUR: State strategic investment fund 1Malaysia Development Bhd (1MDB) said its outstanding obligations now amount to RM32.5 billion, comprising long-term bond and sukuk debt.

Payments from the transfer of its assets such as the Tun Razak Exchange, Bandar Malaysia, Pulau Indah l...

1MDB debt now totals RM32.5b

KUALA LUMPUR (Oct 26): Mah Sing Group Bhd will host a preview and unit selection for three of its developments — M Centura, M Vista and Meridin East — at their respective show galleries this Saturday and Sunday.

The preview is in line with the group's 'Reinvent Affordability' campaign w...

Mah Sing to host previews for three new developments

KUALA LUMPUR (Oct 26): Embattled state investment fund 1Malaysia Development Bhd (1MDB) has asked DAP lawmaker Tony Pua to stop "misleading the public" with his statements over the fund's affairs.

Referring to a press statement issued by Pua yesterday, who is DAP national publicity and ...

Stop misleading the people, 1MDB tells Tony Pua

KUALA LUMPUR (Oct 26): Malaysian Rating Corporation Bhd (MARC) has awarded CIMB Investment Bank Bhd the top manager award at its Lead Managers Appreciation Evening here yesterday.

In a statement today, the rating agency said Securities Commission Malaysia deputy chief executive Datuk Ah...

CIMB Investment Bank awarded top lead manager award by MARC

KUALA LUMPUR (Oct 26): Shares in Edaran Bhd rose 47.62% in mid-morning trade today after bagging a contract worth RM149.97 million from the Royal Malaysian Customs Department for the enhancement of the latter's information technology (IT) systems.

At 10.58am, the stock rose 25 sen to 77...

Edaran active, continues to rise after bagging customs job

KUALA LUMPUR: IFCA MSC Bhd is embarking on a transformational programme known as IFCA 2.0 to strengthen positive growth rates for the next few years.

IFCA 2.0 will allow companies in the property industry to realign their operations and explore new business models, the group said, addin...

IFCA to launch programme for property firms

KUALA LUMPUR (Oct 25): IFCA MSC Bhd is expanding its prop-tech offerings to help its customers in the property sector accelerate their digital and mobile technology adoptions to boost sales.

In a statement today, the group said it is embarking on a transformational programme known as IF...

IFCA to expand prop-tech offerings to boost sales

KUALA LUMPUR: The local takaful insurance sector should widen its range of products to increase market penetration, International Centre for Education in Islamic Finance (Inceif) president and chief executive officer (CEO) Datuk Dr Mohd Azmi Omar said.

“We need to diversify [takaful pro...

Product diversity could boost takaful penetration, says Inceif

KUALA LUMPUR: The wife of former SJ Securities Sdn Bhd remisier Datuk David Goh Hock Choy was charged yesterday with failure to assist in an ongoing investigation and provide a statement to the Securities Commission Malaysia (SC) as required under the law.

Chok Chew Lan, a director at T...

Ex-SJ remisier’s wife charged

Capital A Bhd’s board of directors has decided to extend Tan Sri Tony Fernandes's tenure as the chief executive officer for another five years, and as a strategic adviser to the airline business, which is poised to be merged into AirAsia X Bhd.

Fernandes to be CEO of Capital A for another five years

Farm Price Holdings Bhd on Wednesday began taking orders from investors for its initial public offering (IPO) on the ACE Market to raise up to RM32.4 million.

Farm Price starts taking orders for ACE Market IPO to raise up to RM24.48 mil

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

Najib's 1MDB-Tanore trial live reporting (April 24)

A Myanmar rebel group has withdrawn its troops from a town along the Thai border following a counteroffensive by soldiers of the ruling junta from whom the rebels had this month wrested the key trading post, an official said on Wednesday.

Myanmar rebel group withdraws from key town on Thai border

Haily Group Bhd shares continued their uptrend on Wednesday to a near all-time high, after the construction outfit won a RM109.5 million contract for terrace houses in Pontian, Johor.

Haily shares near all-time high after securing RM109.5m housing job

German Chancellor Olaf Scholz and Finance Minister Christian Lindner both expressed scepticism on Tuesday about reforming the country's 'debt brake', but Bundesbank president Joachim Nagel said he saw scope for adjustments.

Scholz and Lindner sceptical about reforming German debt brake

Fisker may have to file for bankruptcy protection within 30 days if it does not get adequate relief from its creditors and enough liquidity to meet its current debt obligations, it disclosed in a regulatory filing on Tuesday.

Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations

The People’s Bank of China (PBOC) ramped up its verbal pushback against the rally in long-term government bonds, warning of a reversal and hinting that a mismatch between market prices and the economic outlook will be corrected.

PBOC warns of rally in long-end government bonds

The US Federal Trade Commission (FTC) voted Tuesday to adopt a near-total ban on non-compete provisions that prohibit workers from switching jobs within an industry, a rule the Chamber of Commerce vowed to immediately challenge in court.

FTC issues worker non-compete ban as chamber lawsuit looms

In the third and fourth instalments of our four-part series on the economy, we are focusing on mission-based policy packages that Malaysia can embark on to realise our vision of Malaysia Madani. As a recap, the first article — “Taking a systems approach to fuel subsidies” (Issue 1515, March 18) —...

My Say: Mission Madani: Now is not the time to work in silos

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

With Malaysia’s 5G outdoor coverage having reached the 80% target for coverage of populated areas (CoPA) at the end of 2023 and after the signing of the share subscription agreements (SSAs) by five mobile network operators (MNOs) on Dec 1, 2023, what’s next for the next stage of 5G deployment in Malaysia?

What’s next for 5G deployment in Malaysia?

Rakuten Trade said NationGate Holdings Bhd may extend its upward trajectory after breaking out from its one-month rectangular pattern on Tuesday.

NationGate may extend upward trajectory, says Rakuten Trade 

Tesla Inc is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.

Tesla to accelerate launch of cheaper cars after sales miss

US stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks.

Wall Street closes higher as investors digest earnings, megacap outlook

E-government services provider MyEG Services Bhd has inked an agreement to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products.

MyEG inks partnership to launch Hong Kong virtual assets

Bursa Malaysia opened higher on Wednesday, tracking Wall Street's upbeat overnight performance, as confidence was buoyed by a spate of solid corporate earnings that many see as a precursor of those from the mega caps which will be reported over the next few days, said an analyst.

Bursa opens higher, tracking overnight Wall Street

Global shares rose on Tuesday, with investors on Wall Street focused on earnings reports from the US megacaps, and the yen tumbled to multi-year lows against the dollar and the euro.

Stocks gear up for Big Tech earnings; yen touches multi-year lows

Shares of DXN Holdings Bhd surged on Wednesday to its highest in more than a month as analysts continued to urge investors to buy the stock after the health supplement company’s fourth-quarter (4Q) results.

DXN climbs over one-month high, analysts see positive outlook

RHB Retail Research said Censof Holdings Bhd is observing a technical breakout after climbing above the 26.5 sen immediate resistance on surging trading volume.

Censof observing technical breakout, says RHB Retail Research 

The ringgit rebounded in early trade on Wednesday as the US dollar retreated after S&amp;P Purchasing Managers' Index (PMI) data disappoint.

Ringgit rebounds on softer US dollar after PMI data

Meta Bright Group Bhd said its wholly owned subsidiary FBO Land (Serendah) Sdn Bhd and Doople Tech Sdn Bhd have entered a solar supply agreement with Cherengin Hills Sdn Bhd, following its recent collaboration with Doople to form a joint venture (JV) company to bid for renewable energy (RE) projects with a Bumiputera equity requirement.

Meta Bright lands solar supply deal after forming JV company with Doople

Mergers and acquisitions (M&amp;A) activities fell to the lowest in a decade in 2023. According to the “Global M&amp;A Report” published by Bain &amp; Co, the total M&amp;A market fell by 15% year on year last year to US$3.2 trillion, the lowest in a decade.

M&A activities hit a low in 2023, pickup expected this year

(April 24): JPMorgan Chase CEO Jamie Dimon said the U.S. economy was booming and consumer spending continued to be resilient.

The U.S. economic boom is "unbelievable," Dimon told the Economic Club of New York on Tuesday. "Even if we go into recession, the consumer's still in good shape,...

JPMorgan CEO Dimon says US economy is booming

Shares of construction and engineering contractor Crest Builder Holdings Bhd climbed on Wednesday after bagging a RM486 million condominium project in Mont Kiara.

Crest Builder rises 6% after bagging RM486m condominium project

Sunway Putra Hotel Kuala Lumpur marked the commencement of its lobby area refurbishment with a ground-breaking ceremony.

Sunway Putra Hotel KL commences refurbishment of its lobby

RHB Retail Research said YBS International Bhd is set to resume its uptrend after climbing above the 80.5 sen immediate resistance, surpassing the 21-day simple moving average line.

YBS International set to resume uptrend, says RHB Retail Research 

Digital payments company Block Inc, formerly known as Square, has finished the development of its Bitcoin mining chip as chief executive Jack Dorsey continues to advocate for a more accessible and decentralised system — an effort he’s championed since 2021.

Jack Dorsey’s block finishes development of Bitcoin mining chip

Tesla&nbsp;said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle (EV) maker's strategy to combat slowing demand and falling margins.

Tesla to cut more than 6,000 jobs in Texas, California, notices show

Haily Group Bhd shares continued their uptrend on Wednesday to a near all-time high, after the construction outfit won a RM109.5 million contract for terrace houses in Pontian, Johor.

Anette Appaduray

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