The Malaysian Pulse
Beat of the Nation
Mon, 23 Sep 2019, 10:49 AM
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Topic: Bursa Malaysia

Malay Mail:
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Bursa opens lower on cautious sentiment
KUALA LUMPUR, Sept 23 — Shares on Bursa Malaysia opened mixed today as the global investors await for renewed direction while weighing continuous uncertainty in the global market.
The Star:
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KLCI dips in early trade, FGV up in active trade
KUALA LUMPUR: Blue chips fell in early Monday trade as investors stayed away from big caps and instead focused on defensive and smaller counters for quick gains as...
The Star:
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Public Invest Research accords FV of 25c for SDS Group
KUALA LUMPUR: Public Invest Research has accorded a fair value of 25 sen for SDS Group Bhd whose core activities are manufacturing and distributing bakery...
The Star:
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CPO futures to trade in profit-taking mode next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a profit-taking mode of between RM2,020 and RM2,080...
Malay Mail:
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FBM KLCI set to rise above 1,600 next week
KUALA LUMPUR, Sept 21 ― Following Wall Street's positive performance after the recent interest rate cut and with the resumption of the US-China face-to-face talks, the FTSE Bursa Malaysia (FBM KLCI)...
The Star:
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Oil prices, rate cuts fail to excite market
An unexpected disruption to the world’s global supply of crude oil sent investors on a flurry of speculation in the week’s opening gambit, taking the attention away from...
The Star:
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MAA buys international school
KUALA LUMPUR: MAA Group Bhd is expanding its education business with a RM27mil purchase of an international school.
The Edge Markets:
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Marine & General records loss in 1Q due to low charter rates
KUALA LUMPUR (Sept 20): Marine & General Bhd (M&G), which charters marine vessels to oil and gas industry players, posted a net loss of RM8.43 million in its first quarter ended July 31, 2019, due to ...
The Edge Markets:
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MAA acquires education business for RM27m
KUALA LUMPUR (Sept 20): Loss-making MAA Group Bhd has proposed to buy a 90% equity interest in Scholastic IB International Sdn Bhd (SIB) for RM27 million in cash.
The Edge Markets:
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Poh Huat 3Q earnings up 22% as furniture orders shift to Southeast Asia...
KUALA LUMPUR (Sept 20): Poh Huat Resources Holdings Bhd saw its third quarter net profit rise 22.5% to RM11.27 million from RM9.2 million a year ago, thanks to an increase in shipment of furniture fro...
The Edge Markets:
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TH Plantations extends suspension of CFO until Sept 30
KUALA LUMPUR (Sept 20): TH Plantations Bhd has extended the suspension of its chief financial officer Mohamed Azman Shah Ishak by an additional 10 days to Sept 30.
The Edge Markets:
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KLCI ends higher on last-minute buying as Bursa share trade value doubles
KUALA LUMPUR (Sept 20): The FBM KLCI closed 1.13 points or 0.07% higher after erasing losses in the final trading minutes while share-trade value across Bursa Malaysia more than doubled as world marke...
The Edge Markets:
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Willowglen gets RM14m job from S'pore firm to maintain surveillance system
KUALA LUMPUR (Sept 20): Willowglen MSC Bhd has been awarded a contract worth RM13.76 million to provide maintenance for an Integrated Security and Operation Surveillance System to SP PowerAssets Ltd, ...
Malay Mail:
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Bursa Malaysia rebounds to end higher
KUALA LUMPUR, Sept 20 — Bursa Malaysia wrapped the week 0.07 per cent higher today, rebounding from an earlier decline and gaining strength on mild bargain-hunting in lower liners and small caps ami...
The Star:
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MAA Group buys St John's International school
KUALA LUMPUR: MAA Group Bhd is expanding its education business with a RM27mil purchase of an international school.
The Edge Markets:
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Unisem postpones Batam plant closure to March 2020
KUALA LUMPUR (Sept 20): Unisem (M) Bhd has extended the planned closure of its plant in Batam, Indonesia to March 2020, instead of Sept 30 this year, to service last time orders for some customers.
The Star:
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Trading value surges to RM3.28b as KLCI snaps losing streak
KUALA LUMPUR: Bursa Malaysia witnessed a surge in trading volume and value on Friday, while late buying of Maybank enabled the FBM KLCI to snap its recent losing...
Malay Mail:
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Bursa Malaysia remains lower at mid-afternoon
KUALA LUMPUR, Sept 20 — Persistent selling on plantation and telecommunication counters kept Bursa Malaysia in the red at mid-afternoon and traded below the crucial 1,600-point level.
The Edge Markets:
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Perak Transit to issue RM300m sukuk under its first IMTN programme
KUALA LUMPUR (Sept 20) : Perak Transit Bhd (PTRANS) plans to issue next month RM300 million worth of Sukuk Murabahah to which United Overseas Bank (M) Bhd (UOB Malaysia) will become the sole subscribe...
The Edge Markets:
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KNM subsidiary gets US$5.35m contract from Samsung consortium
KUALA LUMPUR (Sept 20): KNM Group Bhd's indirect wholly-owned subsidiary FBM-KNM FZCO has secured a US$5.35 million (about RM22.363 million) contract to supply shell and tube heat exchangers to an oil...
Malay Mail:
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Bursa Malaysia extends losses at midday
KUALA LUMPUR, Sept 20 — Bursa Malaysia extended its losses to mid-day today on selling pressure in selected heavyweights, especially those related to plantation and telecommunication counters, said ...
The Star:
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KLCI extends losses for third day, ringgit rises on firmer oil prices
KUALA LUMPUR: Bursa Malaysia was en route to a third straight day of losses as monetary stimulus measures by major central banks failed to lift investor sentiment amid...
Malay Mail:
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Bursa Malaysia remains negative at mid-morning
KUALA LUMPUR, Sept 20 — Bursa Malaysia remained in the negative zone at mid-morning today on selling pressure seen in the plantation, consumer products and telecommunication counters.
Malay Mail:
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Bursa Malaysia opens higher but retreated thereafter
KUALA LUMPUR, Sept 20 — Bursa Malaysia opened higher but retreated thereafter, extending yesterday’s downward trend, as investors stayed on the sidelines due to absence of direction.
The Star:
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Termination of Yinson’s Vietnam JV not expected to impact its earnings forecast
PETALING JAYA: The termination of Yinson Holdings Bhd’s 49%-owned joint venture PTSC Ca Rong Do in Vietnam is not expected to impact Yinson’s valuation and earnings forecast.
The Star:
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SOBA celebrates 10 years with strong activity line-up
In conjunction with its 10th year celebration, Star Media Group Bhd is bringing together the alumni of The Star Outstanding Business Awards (SOBA) to form the SOBA...
The Star:
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Lower demand due to trade war hurts KESM net profit
PETALING JAYA: KESM Industries Bhd, the largest semiconductor burn-in and testing company in the country, has recorded another dismal quarterly result on...
The Star:
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Aurora Mulia raises stake in Media Prima to 23.26%
PETALING JAYA: Aurora Mulia Sdn Bhd, a vehicle related to billionaire Tan Sri Syed Mokhtar Albukhary, has bought a further 2.7% stake in Media Prima Bhd, raising its...
The Edge Markets:
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Tun M: Private sector needs to step up and invest more
KUALA LUMPUR: While the Government is faced with many limitations to invest and spend as a result of debts inherited from the previous administration, Prime Minister Tun Dr Mahathir Mohamad has called...
The Edge Markets:
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KESM 4Q net profit plunges 80% on trade war headwinds
KUALA LUMPUR (Sept 19): The US-China trade war has further dampened the earnings of KESM Industries Bhd, with its fourth quarter net profit down 79.75% to RM2.29 million from RM11.32 million a year ag...
EdgeProp.my:
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Eco World Development 3Q earnings jump 81%
KUALA LUMPUR (Sept 19): Eco World Development Group Bhd's third quarter net profit jumped 81.6% to RM50.48 million from RM27.8 million a year ago, thanks to a higher proportion of completed or near co...
The Edge Markets:
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AirAsia, AAX pay MAHB RM41.54m in uncollected PSC
KUALA LUMPUR (Sep 19): AirAsia Group Bhd and AirAsia X Bhd (AAX) have collectively paid RM41.54 million to Malaysia Airports Holdings Bhd (MAHB) in uncollected passenger service charges (PSC). In fili...
The Edge Markets:
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Eco World Development 3Q earnings jump 81%
KUALA LUMPUR (Sept 19): Eco World Development Group Bhd's third quarter net profit jumped 81.6% to RM50.48 million from RM27.8 million a year ago, thanks to a higher proportion of completed or near c...
Malay Mail:
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Eco World development group’s Q3 net profit surges 82pc
KUALA LUMPUR, Sept 19 — Eco World Development Group Bhd (EcoWorld Malaysia)’s net profit surged 82 per cent to RM50.48 million in the third quarter ended July 31, 2019 (Q3 2019), from the RM27.80 ...
The Edge Markets:
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KLCI ends lower on US rate outlook as CPO prices fall
KUALA LUMPUR (Sept 19): The FBM KLCI ended 3.21 points or 0.2% lower today after the US Federal Reserve cut interest rates on Wednesday but indicated a higher bar to further reductions.
Malay Mail:
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Firm linked to Syed Mokhtar increases shares in Media Prima
KUALA LUMPUR, Sept 19 — A firm linked to billionaire Tan Sri Syed Mokhtar Al-Bukhary has increased its stake in Media Prima Berhad by 2.7 per cent via direct business transaction.
Malay Mail:
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Bursa Malaysia ends easier
KUALA LUMPUR, Sept 19 — Bursa Malaysia continued to trend sideways at the close today on persistent selling in index-linked counters and blue-chip stocks, said a dealer.
The Star:
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KESM Industries net profit slumps in Q4 as chip market weakens
KUALA LUMPUR: KESM Industries Bhd, the largest semiconductor burn-in and testing company in the country, recorded another dismal quarterly results on...
EdgeProp.my:
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Prinsiptek in JV with QSE construction for RM24.9m water treatment project
KUALA LUMPUR (Sept 19): Prinsiptek Corporation Bhd’s (PCB) indirect wholly-owned subsidiary Esa Pile Sdn Bhd has entered into a joint venture (JV) agreement with QSE Construction Sdn Bhd to develop ...
EdgeProp.my:
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Ambank seeks to sell Seacera property to recoup RM18.3m loan
KUALA LUMPUR (Sept 19): Ambank Islamic Bhd is seeking a public auction of a property in Penang belonging to Seacera Group Bhd over a sum of RM18.31 million owed to the bank under an Islamic loan facil...
The Edge Markets:
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Syed Mokhtar-linked firm ups stake in Media Prima to 23.3%
KUALA LUMPUR (Sept 19): Aurora Mulia Sdn Bhd, a firm linked to tycoon Tan Sri Syed Mokhtar Al-Bukhary, has bought another 2.7% stake in Media Prima Bhd, raising its equity interest in the media group ...
Malay Mail:
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Selling pressure pins Bursa in negative territory at mid-afternoon
KUALA LUMPUR, Sept 19 — Bursa Malaysia stayed easier at mid-afternoon today on persistent selling seen in index-linked counters, notably Maybank and KL Kepong.
The Edge Markets:
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Kejuruteraan Asastera subsidiary offers energy efficiency services to KL mall
KUALA LUMPUR (Sept 19): Kejuruteraan Asastera Bhd's (KAB) wholly-owned subsidiary KAB Technologies Sdn Bhd (KABT) is offering its energy efficiency expertise to the Bandar Mahkota Cheras Mall here und...
Malay Mail:
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KL shares in retreat at end of morning trade
KUALA LUMPUR, Sept 19 — Bursa Malaysia ended the morning trade easier, amid continued selling in mainly plantation and financial counters, but gains in utilities stocks capped further losses.
The Star:
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Bursa slips on Fed cut disappointment, semiconductor stocks see interest
KUALA LUMPUR: Global stock markets were mixed on Thursday as disappointment prevailed over the shallow US interest rate cut and uncertainty over whether there...
The Edge Markets:
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Carlsberg Malaysia is CGS-CIMB Research's top brewery pick
KUALA LUMPUR (Sept 19): CGS-CIMB Research said today Carlsberg Brewery Malaysia Bhd is its top pick in the brewery sector due to the company's higher dividend yields and cheaper valuations.
Malay Mail:
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Bursa continues downtrend to mid-morning
KUALA LUMPUR, Sept 19 — Bursa Malaysia continued its downtrend to mid-morning today, dragged down by losses in most key index heavyweight counters, such as Maybank.
The Edge Markets:
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Main Market-bound AME Elite inks underwriting deal with CIMB Investment
KUALA LUMPUR (Sept 19): Industrial space solutions provider AME Elite Consortium Bhd, which is seeking to list on the Main Market of Bursa Malaysia to raise funds for its capital expenditure, has inke...
Malay Mail:
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Bursa opens lower amid uncertainty
KUALA LUMPUR, Sept 19 — Bursa Malaysia opened lower today as uncertainties surrounding the US-China trade negotiations continue to weigh on market sentiments.
The Star:
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Quick take: MNC shares up on diversification into film-making industry
KUALA LUMPUR: Shares in MNC Wireless Bhd rose 4.5% in early trade Thursday after the company announced its diversification plan into film-making industry.
The Star:
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AmInvestment raises FY20/21 forecast on Bursa Malaysia
KUALA LUMPUR: AmInvestment research has raised its FY20/21 earnings forecast on Bursa Malaysia Bhd following its move to acquire the remaining 25% stake in...
The Star:
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Oil prices calm down
PETALING JAYA: Oil prices are almost back to pre-shock levels yesterday following Monday’s 10% surge due to a weekend drone attack on one of Saudi Arabia’s most...
The Edge Markets:
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Atrium REIT to raise RM999m via MTN programme for Penang properties
KUALA LUMPUR (Sept 18):  Atrium Real Estate Investment Trust  plans to raise up to RM999 million by establishing a medium-term note (MTNs) programme to part-finance the purchase of properties in Pen...
The Edge Markets:
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Ambank seeks to sell Seacera property to recoup RM18.3 mil loan
KUALA LUMPUR (Sept 18): Ambank Islamic Bhd is seeking a public auction of a property in Penang belonging to Seacera Group Bhd over a sum of RM18.31 million owed to the bank under an Islamic loan facil...
The Edge Markets:
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OSK Ventures International gets moneylending licence
KUALA LUMPUR (Sept 18): OSK Ventures International has been granted a money lending licence by the Ministry of Housing and Local Government.
The Edge Markets:
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Perak Transit to raise RM500m via sukuk
KUALA LUMPUR (Sept 18): Perak Transit Bhd plans to raise up to RM500 million by establishing a sukuk murabahah programme to refinance the group’s bank borrowings.
Malay Mail:
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Bursa Malaysia ends lower
KUALA LUMPUR, Sept 18 — Bursa Malaysia extended the earlier downtrend to close lower today as investors’ risk appetite was weighed down by cautious market sentiment, said a dealer.
The Star:
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AME Elite Consortium to issue 85.4m new shares under IPO
KUALA LUMPUR: Industrial space solutions provider AME Elite Consortium Bhd is issuing 85.4 million new shares to the public under its proposed listing on the...
EdgeProp.my:
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YTL Corp extends YTL Land privatisation offer deadline to Oct 7
KUALA LUMPUR (Sept 18): The deadline of YTL Corp Bhd's privatisation offer for YTL Land & Development Bhd has been extended again to this Oct 7 from Friday (Sept 20).
Malay Mail:
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Bursa stuck in downtrend at mid-afternoon
KUALA LUMPUR, Sept 18 — Bursa Malaysia continued to weaken at mid-afternoon today on selling pressure in selected heavyweights, while tracking regional peers and following renewed worries over the U...
The Star:
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CME to host Bursa Malaysia Derivatives products until 2025
KUALA LUPUR: Bursa Malaysia Bhd extended its agreement with Chicago Mercantile Exchange Inc (CME) to host Bursa Malaysia Derivatives Bhd’s (BMD)...
The Edge Markets:
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Supermax proposes one-for-65 share dividend
KUALA LUMPUR (Sept 18): Supermax Corp Bhd announced today a share dividend to reward shareholders on the basis of one treasury unit for every 65 existing shares in the glove manufacturer.
The Edge Markets:
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YTL Corp extends YTL Land privatisation offer deadline to Oct 7
KUALA LUMPUR (Sept 18): The deadline of YTL Corp Bhd's privatisation offer for YTL Land & Development Bhd has been extended again to this Oct 7 from Friday (Sept 20).
Malay Mail:
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KL shares continue slide at mid-day
KUALA LUMPUR, Sept 18 — The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) lost 0.49 per cent at the close of the morning session on subdued investor appetite, as participants awaited discussions on ...
The Edge Markets:
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KLCI dips 0.49%, energy stocks mostly fall as crude prices cool
KUALA LUMPUR (Sept 18): The FBM KLCI dipped 0.49% at the midday break today, while stocks in the energy sector on Bursa Malaysia were mostly in the red as crude oil prices cooled off after having surg...
EdgeProp.my:
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Country Heights CEO resigns after failing to restructure debts
KUALA LUMPUR (Sept 18): Country Heights Holdings Bhd group chief executive officer (CEO) Datuk Low Kok Thai has resigned, just six months after being appointed to the post.
Malay Mail:
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Bursa Malaysia lower at mid-morning
KUALA LUMPUR, Sept 18 — Bursa Malaysia was lower at mid-morning today, with the benchmark index remaining in negative territory, due to selling in selected blue-chips such as KL Kepong and Petronas ...
The Star:
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Quick take: IHH Healthcare shares up on planned acquisition of Prince Court
KUALA LUMPUR: Shares in IHH HEALTHCARE BHD rose marginally in early trade Wednesday on news of the group’s proposed acquisition of Prince Court Medical Centre for RM1.02bil. The healthcare group, ...
The Edge Markets:
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Energy sector stocks retreat as crude oil prices cool off
KUALA LUMPUR (Sept 18): Energy sector stocks on Bursa Malaysia retreated this morning after crude oil prices cooled off.
The Edge Markets:
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KLCI falls 0.45%, crude oil prices cool off
KUALA LUMPUR (Sept 18): The FBM KLCI fell 0.45% in early trade this morning, weighed by select index-linked stocks as crude oil prices stabilised somewhat.
Malay Mail:
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Bursa opens lower on profit taking
KUALA LUMPUR, Sept 18 — Bursa Malaysia opened lower this morning, reversing yesterday's gains with profit-taking activities and the mixed performance of regional peers dampened the local bourse desp...
The Star:
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Quick take: Contract win sens KNM shares up 2.6%
KUALA LUMPUR: Shares of KNM Group Bhd rose 2.6% in early trade Wednesday on the heels of its new RM53.27mil contract in Thailand.
The Edge Markets:
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IHH takes over Prince Court Medical Centre for RM1.02b
KUALA LUMPUR: IHH Healthcare Bhd is buying Prince Court Medical Centre Sdn Bhd (PCMC) from its substantial shareholder Khazanah Nasional Bhd for RM1.02 billion cash.
The Star:
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TDM’s 1,201ha in Indonesia affected by fire
KUALA LUMPUR: About 1,201 ha owned by TDM Bhd’s unit, PT Rafi Kamajaya Abadi (PTRKA) in Indonesia, has been affected by fire.
The Star:
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Foreign funds make strong comeback to Bursa Malaysia
KUALA LUMPUR: Foreign funds staged a solid comeback to Bursa Malaysia last week as they turned net buyers after eight straight weeks of selling, according to MIDF...
EdgeProp.my:
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IHH to buy Prince Court Medical Centre from Khazanah for RM1.02b
KUALA LUMPUR (Sept 17): IHH Healthcare Bhd has proposed to buy the entire stake of Prince Court Medical Centre Sdn Bhd (PCMC) for RM1.02 billion in cash.
The Star:
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KNM accepts purchase order from Thai project
KUALA LUMPUR: KNM Process Systems Sdn Bhd has accepted a purchase order dated Sept 10 for the supply of big size CS/CLD columns and vessels up to 60mm for a...
The Star:
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Bina Darulaman to gain RM17mil from sale of land
PETALING JAYA: Bina Darulaman Bhd is expected to book a gain of RM17mil from the proposed disposal of a piece of freehold agriculture land in Baling.
The Edge Markets:
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Datasonic signs JV agreement to explore business opportunities in Nigeria
KUALA LUMPUR (Sept 17): Datasonic Group Bhd has teamed up with a Nigerian firm to study business opportunities in the West African nation with a population of 202 million.
The Edge Markets:
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Yinson’s US$1b Vietnam charter contract terminated amid China-Vietnam dispute
KUALA LUMPUR (Sept 17): Yinson Holdings Bhd’s 49%-owned joint venture in Vietnam for a charter contract worth US$1 billion over a 15-year period has been terminated due to a “prolonged force majeu...
The Edge Markets:
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Fintec Global buys 19.8% stake in Komarkcorp for RM16m
KUALA LUMPUR (Sept 17): Fintec Global Bhd is acquiring a 19.82% stake in label printing and packaging solution services provider Komarkcorp Bhd for RM16.4 million.
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Macquarie cuts Kerjaya Prospek Group's EPS forecast
KUALA LUMPUR (Sept 17): Macquarie Capital Securities (M) Sdn Bhd said today that it had cut its Kerjaya Prospek Group Bhd earnings per share (EPS) forecast by 18% for financial year ending Dec 31, 201...
The Edge Markets:
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Genting establishes RM10b MTN programme
KUALA LUMPUR (Sept 17): Genting Bhd is establishing a medium term notes (MTNs) programme of RM10 billion in nominal value through its wholly-owned subsidiary Genting RMTN Bhd.
The Edge Markets:
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IHH to buy Prince Court Medical Centre from Khazanah for RM1.02b
KUALA LUMPUR (Sept 17): IHH Healthcare Bhd has proposed to buy the entire stake of Prince Court Medical Centre Sdn Bhd (PCMC) for RM1.02 billion in cash.
Malaysiakini:
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Khazanah sells Prince Court Medical Centre for RM1.02b
Khazanah Nasional Berhad today announced that it is selling Prince Court Medical Centre (PCMC) in Kuala Lumpur for RM1.02 billion in cash.
The Edge Markets:
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KLCI ends higher as Saudi Arabia attack spurs O&G share demand
KUALA LUMPUR (Sept 17): The FBM KLCI closed 3.05 points or 0.19% higher at 1,604.30, while Bursa Malaysia's energy index rose by a larger quantum, as investors bought shares of oil and gas (O&G)-relat...
The Edge Markets:
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Country Heights CEO resigns after failing to restructure debts
KUALA LUMPUR (Sept 17): Country Heights Holdings Bhd group chief executive officer (CEO) Datuk Low Kok Thai has resigned just six months after he was appointed to the post.
Malay Mail:
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Bursa Malaysia ends higher
KUALA LUMPUR, Sept 17 — Bursa Malaysia recouped earlier losses in late trading to close higher today, lifted by buying interest in selected index-linked counters amid weak external development, a de...
The Edge Markets:
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Kronologi Asia to ride big data wave
THE oncoming tide of data hitting businesses is a boon for companies like Kronologi Asia Bhd — an ACE Market-listed on-site and off-site enterprise data management (EDM) and data storage solutions f...
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Macquarie cuts Kerjaya Prospek Group's EPS forecast
KUALA LUMPUR (Sept 17): Macquarie Capital Securities (M) Sdn Bhd said today that it had cut its Kerjaya Prospek Group Bhd earnings per share (EPS) forecast by 18% for financial year ending Dec 31, 201...
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Special Report: Why one subsidiary lost RM244 million in book value
IN 2012, TH Plantations Bhd (THP) paid RM254.58 million for Bumi Suria Ventures Sdn Bhd (BSV) and its subsidiary, Maju Warisanmas Sdn Bhd (MWM). Seven years later, both are up for sale after a massive...
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Axiata seeks Malaysia, Indonesia mergers after Telenor talks end
KUALA LUMPUR (Sept 17): Axiata Group Bhd is pursuing mergers as a key strategy despite an abrupt end to its plan to form an Asian mobile giant with Telenor ASA, its top executive said.
The Star:
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KNM accepts purchase order for US$12.74mil clean fuel project
KUALA LUMPUR: KNM Process Systems Sdn Bhd has accepted a purchase order dated Sept 10,2019 for the supply of big size CS/CLD columns and vessels up to 60MM for a clean fuel project at the existing maj...
Malay Mail:
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Malaysia’s TDM Bhd confirms Indonesian unit affected by forest fire
KUALA LUMPUR, Sept 17 — Approximately 1,201 hectares of land owned by TDM Bhd’s unit, PT Rafi Kamajaya Abadi (PTRKA), has been affected by fire.
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Tenaga subject to pricing, take-up risk under Malaysia electricity masterplan: Hong Leong
KUALA LUMPUR (Sept 17): Hong Leong Investment Bank Bhd said today Tenaga Nasional Bhd may face long-term earnings risk related to electricity pricing and take-up rate based on the auction mechanism un...
Malay Mail:
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Bursa remains lower at mid-afternoon
KUALA LUMPUR, Sept 17 — Bursa Malaysia remained in the negative territory at mid-afternoon, on lack of buying interest in selected blue-chips.
The Star:
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Axiata seeks Malaysia, Indonesia mergers After Telenor talks end
KUALA LUMPUR: Axiata Group Bhd. is pursuing mergers as a key strategy despite an abrupt end to its plan to form an Asian mobile giant with Telenor ASA, its top executive...
The Edge Markets:
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Insider Moves: Barakah Offshore Petroleum Bhd, Impiana Hotels Bhd, TFP...
Notable filings BETWEEN Aug 26 and 29, notable changes in shareholding included those in Barakah Offshore Petroleum Bhd.
The Edge Markets:
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Tenaga subject to pricing, take-up risk under Malaysia electricity masterplan...
KUALA LUMPUR (Sept 17): Hong Leong Investment Bank Bhd said today Tenaga Nasional Bhd may face long-term earnings risk related to electricity pricing and take-up rate based on the auction mechanism un...
The Star:
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Termination of merger won't derail Digi's efforts in collaborating with ecosystem
PETALING JAYA:The termination of Telenor ASA and Axiata Group Bhd’s proposed merger will not derail Digi Telecommunications Sdn Bhd’s efforts at collaborating...
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