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Malaysia's June inflation eases to 1.9pct
KUALA LUMPUR: Malaysia's inflation eased to 1.9 per cent in June from 2.0 per cent in May, the Statistics Department said.
Rakuten Trade assigns RM1.56 fair value to Stratus Global
KUALA LUMPUR: Rakuten Trade Sdn Bhd has assigned a fair value of RM1.56 to listing-bound Stratus Global Holdings Bhd, citing the firm's strong profitability and exposure to artificial intelligence (AI)-driven semiconductor investments.
Padini shares jump 16pct after MACC unfreezes bank accounts
KUALA LUMPUR: Shares of Padini Holdings Bhd surged more than 16 per cent after the retailer announced that the Malaysian Anti-Corruption Commission (MACC) had unfrozen all of its affected bank accounts, easing concerns that had weighed on the stock since April.
iCents bags RM12.9mil contract to renovate factory, office in Klang Valley
KUALA LUMPUR: iCents Group Holdings Bhd's wholly-owned VC Engineering Sdn Bhd has secured a RM12.9 million contract to undertake renovation works for a factory, warehouse and office in the Klang Valley.
Australian demand set to support PGF Capital's Q1 performance
KUALA LUMPUR: PGF Capital Bhd is expected to post stable revenue for the first quarter of financial year 2027 (Q1 FY27).
Gamuda seen gaining dual earnings from Perak-Penang water project
KUALA LUMPUR: Gamuda Bhd stands to benefit from two income streams after its 50:50 joint venture (JV), Khazanah Air Perak Sdn Bhd, signed a 40-year bulk water supply agreement with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd.
Cagamas first to issue sukuk tied to new Islamic benchmark
KUALA LUMPUR: Cagamas Bhd has issued Malaysia's first sukuk and Islamic profit rate swap linked to the Malaysia Islamic Overnight Rate (MYOR-i), the new transaction-based interbank benchmark.
Brothers charged at Sessions Court for unlicensed market activities
KUALA LUMPUR: Three brothers have been charged at three separate Kuala Lumpur Sessions Courts for unlicensed capital market activities, the Securities Commission (SC) said.
PMW breaks ground on RM43.8mil Perak plant to boost pile capacity
KUALA LUMPUR: PMW International Bhd has broken ground on a new RM43.76 million spun concrete pile manufacturing facility in Bemban, Perak, as part of its long-term expansion strategy to meet rising demand for infrastructure and foundation products.
SC steps up Syariah talent push to sustain Malaysia's Islamic finance lead
KUALA LUMPUR: Demand for Syariah-compliant and ethical investment products is expected to continue growing, the Securities Commission (SC) Malaysia said.
Sin-Kung Logistics partners with Hong Kong's airport authority to enhance cargo, logistics connectivity
KUALA LUMPUR: Sin-Kung Logistics Bhd has entered into a memorandum of understanding (MOU) with Airport Authority Hong Kong (AAHK) to pursue regional air cargo opportunities and strengthen cross-border logistics connectivity.
Hiap Teck Venture poised for recovery on firmer steel prices
KUALA LUMPUR: Hiap Teck Venture Bhd's performance is expected to improve sequentially in the fourth quarter of the financial year ending 2026 (Q4 FY26), Hong Leong Investment Bank Bhd (HLIB) said.
Cnergenz earnings outlook brightens on AI-driven demand
KUALA LUMPUR: RHB Research has raised its earnings forecasts for Cnergenz Bhd for the financial years ending 2026 through 2028 (FY26-FY28) by two per cent, 14 per cent and 13 per cent, respectively.
Rhone Ma to post 14pct core earnings growth through FY28, says Mercury Securities
KUALA LUMPUR: Animal health solutions provider Rhone Ma Holdings Bhd's core earnings are projected to deliver a two-year compound annual growth rate (CAGR) of 14 per cent over financial years 2026 to 2028 (FY26-FY28), said Mercury Securities Sdn Bhd.
"Basic" credit card not a licence to overspend
KUALA LUMPUR: A new "basic" credit card offering lower financing rates could provide consumers with a more affordable way to manage emergencies and temporary cash-flow shortages.