KUALA LUMPUR (Oct 6): Perak Transit Bhd rose as much as 4.5 sen or 30% to 19.5 sen on its first trading day on Bursa Malaysia's ACE Market.

At 10:30 a.m., shares of public-transport entity Perak Transit pared gains at 18.5 sen, with some 109 million shares exchanging hands.

Pe...

Perak Transit up 30% on Bursa ACE Market

This article first appeared in The Edge Financial Daily, on December 22, 2016.

 

KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT), a wet market and conventional shopping centre operator, is seeking to raise as much as RM234.15 million via a Main...

KIP REIT seeks RM234m via Main Market listing

KUALA LUMPUR (Dec 29): In support of the government's Taxi Industry Transformation Programme (TITP) on Jan 1, 2017, Big Blue Taxi Facilities Sdn Bhd will launch its own E-Ticketing system which will offer passengers more certainty in the form of fixed fares to their destinations.

Big Blue launches E-Ticketing system to curb cabbies from overcharging customers

KUALA LUMPUR (April 26): Sona Petroleum Bhd shareholders rejected the company' proposed acquisition of Australia's Stag Oilfield for US$25 million (about RM99 million) at the company's extraordinary general meeting (EGM) here.
 
In a statement to Bursa Malaysia today, Sona said...

Sona shareholders say no to QA

This article first appeared in The Edge Financial Daily, on May 11, 2016.

 

KUALA LUMPUR: The Employees Provident Fund (EPF) is looking to invest in more infrastructure assets, and is not discounting the possibility of acquiring a stake in the Damansara-Ulu Klang...

EPF eyes more infrastructure assets, not ruling out Duke

KUALA LUMPUR (May 26): Shell Refining Company (Federation of Malaya) Bhd (SRC) said today that the sale of its controlling stake to Malaysia Hengyuan International Ltd (MHIL) will give the group a new lease of life.

SRC chairman Datuk Iain Lo also said there will be no changes to the gr...

Shell Malaysia: New shareholder will give us new lease of life

KUALA LUMPUR (June 9): Mercedes-Benz Malaysia Sdn Bhd unveiled the brand new E-Class today, with four models comprising the E 200 Avantgarde, E 250 Avantgarde, E 250 Exclusive and E 300 AMG Line being introduced to the local market.

Speaking at the launching ceremony, Mercedes-Benz Mala...

Mercedes-Benz Malaysia unveils new E-Class

KUALA LUMPUR (July 20): Maxis Bhd saw its net profit for the second quarter ended June 30, 2016 (2QFY16) climb 10.7% to RM488 million or 6.5 sen per share.

Reviewing its performance for the quarter, Maxis said the earnings came on the back of momentum, in terms of 4G long term evolution...

Maxis posts stronger 2Q earnings on 4G LTE momentum

KUALA LUMPUR (Sept 5): Bursa Malaysia Bhd today launched Bursa Malaysia-i, the world's first end-to-end integrated Islamic securities exchange platform that offers investors the choice to invest and trade syariah-compliant products via a syariah-compliant platform.

Bursa Malaysia-i inco...

Bursa launches world's first syariah trading platform

KUALA LUMPUR (Sept 20): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) is expecting a lower return on investment (ROI) from its private equity segment of 5% this year.

Although the ROI target is slightly lower, compared with last year's 6.8% ROI from the segment, KWAP chief executive of...

KWAP expects lower returns this year

Thailand's 500 billion baht (US$13.51 billion or RM64.57 billion) "digital wallet" stimulus policy gained cabinet approval on Tuesday, Prime Minister Srettha Thavisin said, clearing another hurdle for the signature policy of the ruling Pheu Thai party.

Thailand's US$13.5b household stimulus plan gets cabinet approval

KUALA LUMPUR (April 23): The Ministry of Energy Transition and Water Transformation (Petra) is on the right track to achieve 98% access to clean water and sewerage coverage in rural areas by the end of 2025, said Deputy Minister Akmal Nasrullah Mohd Nasir.

Ministry poised for 98% rural area access to clean water, sewerage coverage by end-2025 — Akmal Nasrullah

MOSCOW (April 22): Russia said on Monday that U.S., British and French military support for Ukraine has pushed the world to the brink of a direct clash between the world's biggest nuclear powers that could end in catastrophe.

Lavrov said Western support for Ukraine was putting the Unite...

Russia warns of direct clash with West over Ukraine

The Sabah Forestry Department collected a revenue of RM155.32 million in 2023, the Sabah legislative assembly was told on Tuesday.

Assistant Minister to the Chief Minister Datuk Nizam Abu Bakar Titingan said from this amount, RM93.27 million is from royalties from timber-related activities and RM3.87 million is from the collection of fees for the inspection of exported wood products.

Sabah Forestry collects RM155.32 mil in revenue

A total of 71,052 vehicles were sold in March 2024 throughout Malaysia, up 10.5% month-on-month from the 64,290 units sold in February, but down nearly 10% from a year ago, according to the Malaysian Automotive Association (MAA).

MAA: Vehicles sales up 10.5% month-on-month in March

India's sugar consumption this year is poised to hit a record high as demand during the peak summer season gets a boost from heat waves and the mobilisation of millions for elections in the scorching temperatures.

India's sugar demand surges in heat wave and election season

US Supreme Court justices confronted the nation's homelessness crisis on Monday as they wrestled with the legality of local laws used against people who camp on public streets and parks in a case involving a southwest Oregon city's anti-vagrancy policy.

US Supreme Court scrutinises anti-camping laws used against the homeless

The bodies of the 10 victims involved in the mid-air collision and crash involving two helicopters at the Royal Malaysian Navy (RMN) base in Lumut were recovered earlier on Tuesday.

Police confirm all bodies recovered from helicopters' crash

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 23)

KUALA LUMPUR (April 23): Malaysia still has the advantages for the “China plus one” (China+1) strategy, despite facing rising competition from its neighbouring countries, according to the Socio-Economic Research Centre (SERC).

Malaysia still frontrunner for China+1 strategy despite rising competition from regional countries, says SERC

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

Ten members of the Royal Malaysian Navy (RMN) were confirmed dead in an incident where two helicopters collided and crashed at the Royal Malaysian Navy (RMN) base in Lumut, Perak on Tuesday morning.

Two helicopters crash in Lumut, 10 confirmed killed — RMN

Shares of Topmix Bhd surged 32% in its trading debut on Tuesday after the surface decorative products company’s initial public offering (IPO) on the ACE Market raised RM31.7 million.

Topmix surges 32% on ACE Market debut

Healthcare stocks still have legs to run following the recent rally and investors should continue to buy hospital operators for their further earnings growth this year, analysts said.

KPJ near record high, IHH surges as analysts bet on more upside

Brazil's government said on Monday that four additional poultry plants have been cleared to sell halal products to Malaysia, a move it hopes will allow exports to the Asian country to double when compared to last year's levels.

Brazil says Malaysia clears four more halal poultry plants for export

Eight contractors face possible Malaysia Competition Commission (MyCC) fines for alleged bid rigging in 2019, in respect of two tenders of the Public Works Department (JKR) and one tender of the Department of Drainage and Irrigation.

Eight contractors face possible MyCC fines for bid rigging in tenders worth RM473m

Malaysia’s construction tender prices are&nbsp;expected to grow by 3% in 2024, compared to the previous year, driven by various factors such as project type, industry procurement strategy and currency fluctuations, according to a report by global professional services company Turner &amp; Townsend.

Malaysia’s construction tender prices to grow by 3% in 2024, says Turner & Townsend

Asian shares extended gains on Tuesday, taking cues from Wall Street as investors' focus shifts to earnings reports from US tech giants in the week, while a still strong dollar pressured the Japanese yen to fresh 34-year lows.

Asian shares extend gains ahead of tech earnings, yen fragile

Former Umno Supreme Council member Hizatul Isham Abdul Jalil or better known as Isham Jalil has offered to make an unreserved apology to bring an end to his contempt of court proceedings.

Ex-Umno leader ready to apologise in contempt of court case

Indonesian President Joko Widodo and his son, incoming vice-president Gibran Rakabuming Raka, are no longer members of the country's largest party after they backed rival candidate and election winner Prabowo Subianto, a party official said on Tuesday.

Indonesia's biggest party confirms President Jokowi no longer a member after backing Prabowo

Datin Seri Rosmah Mansor's appeal against her guilty conviction and sentence over all three counts of graft pertaining to the RM1.25 billion solar hybrid project for 369 rural schools in Sarawak will be heard in October.

October hearing for Rosmah's appeal in solar project graft trial

Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence (AI) chips through resellers, despite the US widening a ban last year on the sale of such technology to China.

China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

Hong Leong Investment Bank (HLIB) has a “trading buy” rating on SDS Group Bhd and said with 33 of its F&amp;B outlets situated across Johor state, and a wholesale segment that is focusing in this region, SDS appears strategically positioned to leverage the burgeoning vibrancy in Johor, propelled further by the continuous influx of visitors from Singapore.

SDS strategically positioned to leverage burgeoning vibrancy in Johor, says HLIB 

Swatch Group (M) Sdn Bhd&nbsp;said the seizure of its 172 rainbow-themed watches had caused much grief to its international reputation, as the renowned Swiss watch maker had always been dutiful citizens of any state where the watches were sold.

Swatch says advocating compassion for LGBTQ is not a crime, seizure illegal

Bursa Malaysia opened higher on Tuesday, taking its cue from Wall Street’s better performance overnight, as sentiment improves after Iran said it will not escalate the conflict with Israel, said an analyst.

Bursa up in early trade, tracking Wall Street overnight

Malton Bhd has unveiled the final tower (Block B) of River Park, following the successful launch of its previous Tower A and Tower C blocks with more than 70% take-up rate.

Malton unveils River Park's final tower

Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is still in the pre-qualification stage for the acquisition of national carrier SriLankan Airlines.&nbsp;

However, AirAsia Consulting has yet to submit any price bid since due diligence has not been carried out, its chief executive officer Subashini Silvadas told The Edge on Tuesday.

Capital A’s unit in RFQ process for SriLankan Airlines, no price bid yet

Rakuten Trade has a “buy” rating on ACE Market-bound surface decorative products company Topmix Bhd at an initial public offering (IPO) price of 31 sen, with a fair value of 40 sen based on financial year 2024 (FY2024) forecast price-earnings (PE) of 15x, in line with industry peers.

Rakuten Trade values Topmix at 40 sen, expects FY2023-FY2026 earnings to grow at CAGR of 25%

Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as investors eyed a busy week for quarterly results from key companies that would provide a glimpse of the US economy's health.

Wall Street stocks end higher with major corporate earnings in view

The two helicopters which collided and crashed at the Royal Malaysian Navy (RMN) Base were undergoing a rehearsal for the third time in conjunction with RMN Fleet Open Day celebration scheduled on Saturday (April 27).

Gho Chee Yuan

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Gho Chee Yuan

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌