<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 16): OSK Ventures International Bhd’s (OSKVI) shares surged 41.91% at the opeing bell today after its quarterly net profit lept by more than 12 times.</p></div>

<div class=newsTextDataWrapInner><p>At 9am, OSKVI jumped 28.5 sen to 96.5 sen with 342,700 shares done.</p></div>

<div class=newsTextDataWrapInner><p>Net profit totaled RM29.54 million for the second quarter ended June 30, 2017, compared with RM2.38 million a year earlier. Earnings per share rose to 14.96 sen, from 1.2 sen in 2QFY16.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The group said higher income and net fair value gain on financial instruments was RM30.08 million, as against RM570,000 previously.</p></div>

<div class=newsTextDataWrapInner><p>Revenue surged 116.5% to RM26.8 million, from RM12.4 million previously.</p></div>


KUALA LUMPUR (Aug 16): OSK Ventures International Bhd’s (OSKVI) shares surged 41.91% at the opeing bell today after its quarterly net profit lept by more than 12 times.

At 9am, OSKVI jumped 28.5 sen to 96.5 sen with 342,700 shares done.

Net profit totaled RM29.54 million for t...

OSK Ventures surges 41.9% on solid 2Q earnings 

The US equity market will continue to rely on a handful of megacap stocks for direction until an uptick in real interest rates ignites recession fears, according to Bank of America Corp strategists.

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Matrix Concepts has unveiled the second phase of Resort Villa in Bandar Sri Sendayan, Seremban.

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US auto safety regulators said Friday they have opened an investigation into whether Tesla's recall of more than two million vehicles announced in December to install new Autopilot safeguards is adequate.

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KUALA LUMPUR (April 26): Gamuda Land, the property arm of Gamuda Bhd, has unveiled partners for Gardens Square, the latest commercial development at the 810-acre Gamuda Gardens in Sungai Buloh.

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Wiradani Development Sdn Bhd — a property developer linked to the son of former finance minister Tun Daim Zainuddin — has filed a fresh winding-up petition against SPNB Aspirasi Sdn Bhd, a wholly-owned subsidiary of Syarikat Perumahan Negara Bhd (SPNB).

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HULU SELANGOR (April 26): The Election Commission is actively making final preparations to ensure a smooth nomination process for the Kuala Kubu Baharu by-election on Saturday (April 27).

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The chairman of Vietnam's parliament Vuong Dinh Hue has resigned over his "violations and shortcomings", its government said on Friday, in a new sign of political turbulence just weeks after the high-profile dismissal of the country's president.

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Shares in ViTrox Corp Bhd fell to their lowest in a month, as first-quarter results disappointed investors, while analysts turned increasingly cautious on the semiconductor company’s near-term prospects.

ViTrox fell as much as 6% before ending the day at RM7.40, its lowest since March 26, 2024. The stock was still down a little under 3% at the closing bell after 5.29 million shares changed hands. In contrast, the country’s benchmark index FBM KLCI was 0.4% higher.

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SEPANG (April 26): A good airline company management can provide substantial wages to employees, commensurate with their services, said Prime Minister Datuk Seri Anwar Ibrahim.

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Global manufacturing activity recovery had seen a gradual improvement in late 2023, and is expected to continue into 2024, although it remained in contractionary territory after two years of downturn.

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Most read this week - Stay up to date with the biggest news and latest trending topics by checking out the top 10 articles of the week. 

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<p>Berjaya Corp&nbsp;Bhd (BCorp) has denied that its founder Tan Sri&nbsp;Vincent Tan Chee Yioun participated in talks to revive a US$100 billion (RM477.60 billion)&nbsp;Forest City casino resort as reported recently.</p>


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<p>Shares in ViTrox Corp Bhd fell to their lowest in a month, as first-quarter results disappointed investors, while analysts turned increasingly cautious on the semiconductor company’s near-term prospects.</p>

<p>ViTrox fell as much as 6% before ending the day at RM7.40, its lowest since March 26, 2024. The stock was still down a little under 3% at the closing bell after 5.29 million shares changed hands. In contrast, the country’s benchmark index FBM KLCI was 0.4% higher.</p>


<p>Uday Kotak built his Kotak Mahindra Bank Ltd over decades to become Asia’s richest banker. After India’s regulator slapped his firm with a surprise ban, he’s facing one of his biggest tests yet — and a dip in wealth.</p>


Asia’s richest banker loses US$1.2 bil after RBI ban

<p>RHB Retail Research said YTL Corp Bhd is eyeing to extend the upside movement after it staged a bullish breakout.</p>


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<p>Prime Minister Datuk Seri Anwar Ibrahim on Friday suggested all parties mentioned in a recent report&nbsp;alleging that the government is planning to issue&nbsp;a licence for a casino in&nbsp;Forest City, Johor, to take necessary action&nbsp;against the foreign news agency.</p>


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<p>RHB Retail Research said VS Industry Bhd is poised to continue the bullish trajectory after it broke past the key resistance on high volume.</p>


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<p>The world’s 3,000 billionaires should pay a minimum 2% tax on their fast-growing wealth to raise £250 billion (RM1.28 trillion) a year for the global fight against poverty, inequality and global heating, ministers from four leading economies have suggested.</p>


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<p>The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen.</p>

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<p>Nestle (Malaysia) Bhd is slated to raise prices for 22 of its products starting July 1, according to the Federation of Sundry Goods Merchants Associations of Malaysia (FSGMAM).</p>


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<p>The Malaysian Anti-Corruption Commission (MACC) has given businessmen Mirzan Mahathir and Tan Sri Mokhzani Mahathir a 30-day extension from Friday to declare their assets to the anti-graft body.</p>
