Heitech to raise RM22.98mil via placement
Heitech Padu Bhd is proposing a private placement of 10.12 million new ordinary shares to raise gross proceeds of RM22.98mil…
IMF revises 2024 GDP higher to 4.4%
The International Monetary Fund (IMF) has revised the outlook for Malaysia’s real gross domestic product (GDP) by a notch to…
Bursa snaps four-day losing streak to end higher
Bursa Malaysia snapped four consecutive days of losses to end higher yesterday as bargain hunting emerged following the recent sell-off,…
Thames Water to release new business plan this week
Thames Water Utilities Ltd’s board members are set for last-ditch talks to update their business plan this week after shareholders…
IGB-REIT net profit up 11.1% to RM99.61mil in 1Q
IGB Real Estate Investment Trust (IGB-REIT) booked a higher year-on-year (y-o-y) net profit for its first quarter (1Q) ended March…
Higher OOH beverage consumption a boon for F&N
Fraser & Neave Holdings Bhd (F&N) stands to be the key beneficiary of higher out-of-home (OOH) beverage consumption amid the…
Malayan Flour Mills to invest RM100mil in FY24
Malayan Flour Mills Bhd (MFM) is investing a total of RM100mil in the financial year 2024 (FY24), of which RM32mil…
SEZ set to catalyse equity valuations
The Johor-Singapore Special Economic Zone (SEZ) is set to catalyse equity valuations in both Malaysia and Singapore under five themes.
Demand for Louis Vuitton handbags, Cognac dips
LVMH sales growth slowed at the start of the year as wealthy consumers reined in spending on pricey Louis Vuitton…