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CPI In March Increased by 2.2%, Inflation Up Across All States

Malaysian Consumer Price Index (CPI) in March 2022 increased 2.2 per cent to 125.6 as against 122.9 in the same month of the preceding...

Ringgit At 4.30 Against The US, Harks Days Of Financial Crisis

Heightened fear of Interest rate hike in the UK, concerns of inflation locally, and outflow of funds from the local bourse has all added...

Neutral Recommendation For The REIT Sector with Axis Reit and IGB Reit As The Top Picks

RHB Research has maintained a “Neutral” recommendation on REIT Sector with AXIS REIT and IGB REIT as its top picks.  Axis REIT for its...

Investors May Continue To Position Themselves In The Energy And Plantation Sectors

Investors may continue to position themselves in the energy and plantation stocks as commodity prices remained well supported, Malacca Securities in a note.Besides, the...

Positive Business Recovery In All Segments And Geographies in FY 21 For CIMB

CIMB Group Holdings Bhd held its 65th Annual General Meeting (“AGM”) with shareholders today virtually, where all 9 ordinary resolutions tabled at the AGM...

UAE Company Invests RM400 Million In Biodegradable Packaging Factories In Kedah

Free The Seed Sdn Bhd (Free The Seed), a Malaysian biotechnology company that manufactures biodegradable products from rice straw, has partnered with Hotpack Packaging...

Offerors Of HSL Extends Dateline To May 9

Aminvestment Bank Bhd said that on behalf of the offeror to take over the remaining ordinary shares in Hock Send Lee Bhd  (HSL) for...

Attractive Growth Prospects And Strong Presence in Asean Makes QES Attractive

Mercury Securities has a “Buy” recommendation for QES Group Bhd with TP of RM0.66 based on FY23 EPS 3.3 sen based and peers average...

UOB Malaysia Teams With Liberty Insurance To Offer Automated Insurance Procurement For SMEs

 UOB Malaysia today announced its collaboration with Liberty Insurance to offer Malaysia’s first automated insurance procurement for small- and medium-sized enterprises (SMEs). SME owners...

RHB Maintains Buy Recommendation For Axis-Reit As It Is A  Proxy To Industrial Segment

RHB Research has maintained a “Buy” recommendation for Axis-Reit with a target price of RM2.32. Its TP incorporates a 4% ESG premium after considering...

Investors To Focus On Recovery-Theme Sectors Amidst Adopting A Cautious Stance

Investors are expected to trade on a more cautious stance while focusing on recovery-theme sectors such as consumer, banking, construction, and building material, Malacca...

Ancom Nylex Achieves Higher Revenue Due To Improved Sales In Industrial Chemicals

Ancom Nylex achieved a pretax profit of RM26.638 million on the back of a turnover of RM510,014 million  for the third quarter of the...

MN Holdings Bhd’s Shares Oversubscribed 118.48 Times

Malaysian Issuing House Sdn Bhd announced that the IPO of MN Holdings Bhd by the Malaysian public is oversubscribed by 118.48 times. MN's IPO comprises...

TM And Telin Collaborate To Explore Opportunities on Subsea Cables

TM Wholesale, the wholesale domestic and international business arm of Telekom Malaysia Bhd (TM) and Telin, a subsidiary of PT Telkom Indonesia, Tbk (Telkom),...

Malaysia Achieves 4500 Leads And 130 Partnerships At Expo Dubai

Malaysia had achieved 4,500 business leads and 130 partnership agreements signed at the Expo 2020 Dubai, its Chief Executive Officer of the  Malaysian Green...

SFP Tech Inks Underwriting Agreement For Its IPO Exercise

SFP Tech Holdings Bhd, a one-stop integrated engineering and automation solutions provider is en route for a listing on the ACE Market of Bursa...

Trust Can Be Undermined By Poor Conduct :Securities Commission

The financial planning industry’s asset – trust – can be significantly undermined by poor conduct and affect sustainability of the business, the Securities Commission...

Virtual And Hybrid AGMs Will Grow In Relevance : KPMG

Malaysia, high dependence on technology tools and solutions will continue to characterize the approaches public listed companies (PLCs) use to engage with their shareholders...

FKLI Breaching Below The 50-Day SMA Line : RHB Research

The FKLI’s momentum further decelerated on Monday, falling 10 points to settle weaker at 1,578 points – heading south towards the 1,575.50-point support, RHB...

Bargain Activities Likely To Emerge In The Local Bourse

Bargain hunting activities are likely to emerge on the local bourse amid declining Covid-19 confirmed cases, coupled with the rebound on Wall Street overnight,...

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