Tue, 23 Jul 2019, 2:58 PM
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Topic: Malaysia Bhd

The Edge Markets:
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KUALA LUMPUR (July 23): The FBM KLCI got off to a mute start this morning, despite the advance at most regional markets, weighed by select blue chips.
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KUALA LUMPUR (July 22): The FBM KLCI fell 0.28% at mid-morning today, tracking regional markets, weighed by select index-linked blue chips.
The Star:
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KUALA LUMPUR: Bursa Malaysia will be among the emerging market beneficiaries if the US Federal Reserve (Fed) lowers interest rates by at least once more by end-2019, according to Standard Chartered Bank Malaysia Bhd.
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KUALA LUMPUR (July 19): The FBM KLCI pared some of its gains at the midday break today, while shares in ailing Scomi Group Bhd were actively traded after Tan Sri Wan Azmi Wan Hamzah and Gelombang Glob...
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KUALA LUMPUR (July 18): The FBM KLCI remained in the red at the midday break today, as valuations stayed stretched against the backdrop of tightly traded regional markets.
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GEORGE TOWN (July 17): PLUS Malaysia Bhd, through its subsidiary Projek Lebuhraya Usahasama Bhd, is embarking on a long-term programme to benefit the community along its highways as well as road trave...
CarSifu:
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GEORGE TOWN: PLUS Malaysia Bhd is targeting for all its rest and service areas (RSAs) in the country to go cashless by end-2020.
EdgeProp.my:
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GEORGE TOWN (July 17): PLUS Malaysia Bhd, which operates the Penang Bridge, is looking into installing average speed cameras on the bridge as an additional enforcement measure to deter speeding on thi...
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KUALA LUMPUR (July 17): The FBM KLCI lost 0.42% at the midday break today as sentiment remained negative while most of the indices on Bursa Malaysia were mired in the red.
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KUALA LUMPUR (July 17): The FBM KLCI fell 0.28% at mid-morning today as market breadth turned negative in line with the weaker regional markets.
The Star:
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GEORGE TOWN: PLUS Malaysia Bhd is targeting for all its rest and service areas (RSAs) in the country to go cashless by end-2020 .
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KUALA LUMPUR (July 16): The FBM KLCI eased at the midday break after a short-lived rebound on Monday, and dipped 0.31% against the backdrop of firmer regional markets.
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KUALA LUMPUR (July 16): The FBM KLCI fell 0.26% at mid-morning today, weighed by select index-linked blue chips while regional markets edged upward.
Malaysiakini:
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The Malaysian Association of Highway Concession Companies (MAHCC) is confident that highways in the country will be free-flowing on multiple lanes in the next three years with the implementation of th...
The Star:
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GEORGE TOWN: The government has received an official offer from Maju Holdings Sdn Bhd to take over PLUS Malaysia Bhd.
The Star:
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GEORGE TOWN: PLUS Malaysia Bhd is looking at spending between RM100mil and RM200mil to modernise the highways in Malaysia.
theSun:
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GEORGE TOWN: Works Minister Baru Bian confirmed today the ministry has received an official offer from Maju Holdings Sdn Bhd to take over Plus Malaysia Bhd.
theSun:
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GEORGE TOWN: Works Minister Baru Bian confirmed today the ministry has received an official offer from Maju Holdings Sdn Bhd to take over Plus Malaysia Bhd.
Malay Mail:
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GEORGE TOWN, July 15 — Works Minister Baru Bian confirmed today the ministry has received an official offer from Maju Holdings Sdn Bhd to take over PLUS Malaysia Bhd.
The Edge Markets:
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KUALA LUMPUR (July 15): The FBM KLCI shed 0.11% at the midday break today, dragged by losses including at Hartalega Holdings Bhd.
Free Malaysia Today:
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PETALING JAYA: The president of MCA has questioned Finance Minister Lim Guan Eng’s praise of the now-suspended chairman of Koperasi Jayadiri Malaysia Bhd who the party said was in the wrong.
The Star:
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Comment - Pankaj C. Kumar PLUS Malaysia Bhd is a national asset owned by all Malaysians via UEM Group Bhd’s 51% stake in the company, which in turn is wholly-owned by Khazanah Nasional, the government’s sovereign wealth fund.
Malaysiakini:
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Maju Holdings Sdn Bhd's revived bid to take over Plus Malaysia Bhd – the biggest highway operator in the country – appears to be causing some friction in Putrajaya.
The Edge Markets:
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KUALA LUMPUR (July 12): A total of RM925.1 million of 1Malaysia Development Bhd (1MDB)-related funds have been returned to the Finance Ministry (MoF) so far, helped by local and foreign authorities' e...
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KUALA LUMPUR (July 12): The FBM KLCI looked poised to end the day in negative territory and fell 0.36% at the midday break, tracking the choppy regional markets.
Malaysiakini:
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Former prime minister Najib Abdul Razak conceded that compensation had to be paid to Plus Malaysia Bhd for the removal of two toll booths in 2018 but said the money didn't go to private companies.
EdgeProp.my:
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KUALA LUMPUR (July 11): The proceeds from the sale of 1Malaysia Development Bhd (1MDB)-linked super yacht, Equanimity, are currently stored in a bank account managed by a local law firm for three mont...
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VIEWS are mixed on whether Tan Sri Abu Sahid Mohamed and his flagship Maju Holdings Sdn Bhd should be given the green light to take over toll highway concessionaire PLUS Malaysia Bhd.
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THE recent RM6.2 billion privatisation deal involving four intra-city toll roads in the Klang Valley linked to Gamuda Bhd has turned the spotlight on the major highway concessionaires, especially thos...
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KUALA LUMPUR (July 11): The proceeds from the sale of 1Malaysia Development Bhd (1MDB)-linked super yacht, Equanimity, are currently stored in a bank account managed by a local law firm for three mont...
The Star:
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KUALA LUMPUR: The Finance Ministry has made a preliminary objection against Maju Holdings Sdn Bhd's takeover of PLUS Malaysia Bhd, after taking consideration the views of main shareholders Khazanah Nasional Bhd and Employees Provident Fund (EPF).
Free Malaysia Today:
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KUALA LUMPUR: Lim Guan Eng will meet Maju Holdings Sdn Bhd on the company’s offer to take over PLUS Malaysia Bhd, a move which the finance minister had opposed.
The Edge Markets:
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KUALA LUMPUR (July 11): The FBM KLCI retreated at mid-morning today, dragged by losses at Public Bank Bhd and Petronas-linked stocks.
EdgeProp.my:
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PETALING JAYA (July 10): In an effort to cut expenses, UEM Group Bhd is looking to pare down its staffing to about 80 members, which means letting go about 220 workers.
The Edge Markets:
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PETALING JAYA (July 10): In an effort to cut expenses, UEM Group Bhd is looking to pare down its staffing to about 80 members, which means letting go about 220 workers.
The Edge Markets:
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KUALA LUMPUR (July 10): The FBM KLCI pared some of its loss at the midday break today, as regional markets edged higher.
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KUALA LUMPUR (July 10): The FBM KLCI drifted lower at mid-morning today, weighed by select index-linked blue chips.
The Star:
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KUALA LUMPUR: Kenanga research is cautiously optimistic over Carlsberg Brewery Malaysia Bhd's outlook given the growing popularity in its premium brands portfolio and counteractive measures against contrabands.
Free Malaysia Today:
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KUALA LUMPUR: The High Court in Najib Razak’s SRC International trial heard today that the finance minister is responsible for Finance Ministry Incorporated (MoF Inc).
The Edge Markets:
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KUALA LUMPUR (July 9): The FBM KLCI stayed muted at mid-morning today, tracking struggling regional markets.
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KUALA LUMPUR (July 9): The FBM KLCI ticked up marginally in early trade this morning, lifted by select index-linked Tenaga Nasional Bhd and Top Glove Corp Bhd.
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KUALA LUMPUR (July 8): Barakah Offshore Petroleum Bhd has found a white knight, Singapore’s Lecca Group Ptd Ltd, to revive its financial health.
EdgeProp.my:
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KUALA LUMPUR (July 3): Works Minister Baru Bian (pictured) said the ministry has yet to receive an official proposal from Maju Holdings Sdn Bhd (Maju Holdings) to take over PLUS Malaysia Bhd (PLUS). ...
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KUALA LUMPUR (July 3): The FBM KLCI remained 0.34% down at midday break today, tracking weaker regional markets.
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KUALA LUMPUR (July 2): Works Minister Baru Bian said the ministry has yet to receive an official proposal from  Maju Holdings Sdn Bhd (Maju Holdings) to take over PLUS Malaysia Bhd (PLUS). He told re...
Malay Mail:
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KUALA LUMPUR, July 2 — Works Minister Baru Bian said the ministry has yet to receive an official proposal from Maju Holdings Sdn Bhd (Maju Holdings) to take over PLUS Malaysia Bhd (PLUS). He told re...
Free Malaysia Today:
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KUALA LUMPUR: Works Minister Baru Bian today said his ministry has yet to receive an official proposal from Maju Holdings Sdn Bhd on taking over PLUS Malaysia Bhd.
The Edge Markets:
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KUALA LUMPUR (July 1): The FBM KLCI pared some of its gains at mid-morning today, but remained up 0.35% in line with gains at regional markets.
The Edge Markets:
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KUALA LUMPUR (July 1): The FBM KLCI started off the first trading day of the second half of 2019 on a positive note and rose 0.46% in line with the rally at regional markets.
The Star:
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PETALING JAYA: Datuk Shahrul Nazri Abdul Rahim (pic) is the new president/chief executive officer (CEO) of Export-Import Bank of Malaysia Bhd (Exim Bank) effective today.
Free Malaysia Today:
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PETALING JAYA: Maju Holdings Sdn Bhd had put in a fresh proposal to take over PLUS Malaysia Bhd, The Edge reported.
The Edge Markets:
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KUALA LUMPUR (June 29): At a Hari Raya Open House on Monday, June 24, Prime Minister Tun Mahathir Mohamad confirmed on-going speculation that Tan Sri Abu Sahid Mohamed’s Maju Holdings Sdn Bhd had pu...
The Star:
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PETALING JAYA: PLUS Malaysia Bhd has appointed Datuk Mohamad Nasir Ab Latif its chairman effective June 27.
The Edge Markets:
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KUALA LUMPUR (June 28): PLUS Malaysia Bhd has appointed its non-independent director Datuk Mohamad Nasir Ab. Latif as its new chairman effective yesterday.
The Star:
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KUALA LUMPUR: PLUS Malaysia Bhd has appointed Datuk Mohamad Nasir Ab. Latif as its chairman effective from Thursday.
The Edge Markets:
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KUALA LUMPUR (June 28): The FBM KLCI pared some of its loss at the midday break today but remained lacklustre in line with its regional peers, dragged by Genting-linked stocks.
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KUALA LUMPUR (June 28): The FBM KLCI extended its consolidation mode on the final trading day of the first half of 2019 (1H19) and remained some 17 points down year-to-date.
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KUALA LUMPUR (June 26): The FBM KLCI remained lacklustre at the midday break today, tracking its regional peers, dragged by losses at key utility stocks.
CarSifu:
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PETALING JAYA: PLUS Malaysia Bhd is planning to use artificial intelligence (AI), big data analytics and the cloud to better predict traffic congestion and monitor the safety on its highways.
The Star:
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Plus Malaysia Bhd is planning to use artificial intelligence, big data analytics and the Cloud to better predict traffic congestion and monitor the safety of its highways.
theSun:
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PETALING JAYA: Commuters can now look forward to a safer and more enjoyable drive home, especially during the mad rush out of the Klang Valley for the festive season.
Malaysiakini:
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The country’s largest expressway service provider, Plus Malaysia Bhd is willing to review the concession agreements should the government want to take over Plus operated toll highways.
The Star:
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PETALING JAYA: Plus Malaysia Bhd, the country’s largest expressway service provider, aims to tackle financial leakages worth RM2.7mil in annual revenue by incorporating more cloud-based systems into its operations.
The Edge Markets:
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KUALA LUMPUR (June 25): The FBM KLCI pared some of its loss at the midday break today but remained in negative zone amid lack of fresh of catalysts.
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KUALA LUMPUR (June 25): The FBM KLCI fell 0.14% at mid-morning today, dragged by select index-linked blue chips in line with the tentative regional markets.
The Edge Markets:
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KUALA LUMPUR (June 25): The FBM KLCI drifted lower this morning, in line with regional markets, dragged by losses including at Genting Bhd and Axiata Group Bhd.
The Edge Markets:
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Last week, Minister of Domestic Trade and Consumer Affairs Datuk Seri Saifuddin Nasution Ismail, after a meeting with cement manufacturers, decided that there would not be an increase in cement prices...
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Minority shareholders cheered when Genting Malaysia Bhd chairman and chief executive Tan Sri Lim Kok Thay announced at the group’s annual general meeting last week that he would take a 20% pay cut t...
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KUALA LUMPUR (June 24): The FBM KLCI fell 0.38% at the midday break as investor sentiment remained subdued in line with regional markets.
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KUALA LUMPUR (June 24): The FBM KLCI dipped 0.27% in early trade this morning against the backdrop of mixed regional markets, dragged by key index-linked stocks.
The Star:
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PETALING JAYA: The Cement and Concrete Association of Malaysia (C&CA) has defended the recent proposal by cement manufacturers in Malaysia to raise cement prices, pointing out that the move is necessary to keep the companies afloat operationally.
EdgeProp.my:
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KUALA LUMPUR (June 20): Shares of cement makers saw declines during mid-morning trade today following yesterday's news that there would be no rise in cement prices.
The Edge Markets:
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KUALA LUMPUR (June 20): Shares of cement makers saw declines during mid-morning trade today following yesterday's news that there would be no rise in cement prices.
Malay Mail:
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KUALA LUMPUR, June 20 — Bursa Malaysia remained higher at mid-day in tracking the upbeat performance of regional peers, dealers said.
The Edge Markets:
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KUALA LUMPUR (June 20): The FBM KLCI ticked up at the midday break today on a brief technical rebound, against the backdrop of a regional rally.
The Star:
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KUALA LUMPUR: The Federation of Investment Managers Malaysia (FIMM) has appointed Mohd Ridzal Mohd Sheriff as its new chairman, effective June 12.
The Star:
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PETALING JAYA: As the group copes with a hike in gaming taxes, Genting Malaysia Bhd chairman and chief executive Tan Sri Lim Kok Thay has taken a 20% voluntary pay cut.
The Edge Markets:
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KUALA LUMPUR (June 19): Based on corporate announcements and news flow today, companies that may be in focus on Thursday (June 20) may include the following: Genting Malaysia Bhd, Apex Equity Holdings...
The Star:
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JOHOR BARU: With 800 infrastructure projects in the pipeline across Asean, there are opportunities for mid corporates to be growth drivers for the regional economy.
Star TV:
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Standard Chartered Bank Malaysia Bhd transaction banking head of trade Segar Govindasamy said there are a number of opportunities for medium-sized companies to be growth drivers for the regional econo...
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KUALA LUMPUR (June 18): The FBM KLCI reversed its earlier losses and rose 0.34% at the midday break today, against the backdrop of tepid regional markets, lifted by gains at index-linked telecommunica...
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KUALA LUMPUR (June 17): The FBM KLCI dipped in early trade, in line with tha back foot at regional markets, dragged by index-linked blue chips.
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KUALA LUMPUR (June 14): Come June 24, Unisem (M) Bhd will be dropped as a constituent of the FTSE4Good Bursa Malaysia (F4GBM) index, which measures the performance of public listed companies demonstra...
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KUALA LUMPUR: YTL Cement Bhd has increased its shareholding in Lafarge Malaysia Bhd to 76.98% following the conclusion of a mandatory general offer (MGO). In a filing with Bursa Malaysia yesterday, Ma...
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KUALA LUMPUR (June 14): The FBM KLCI dipped at mid-morning today as sentiment turned cautious, while short selling activities for 7-Eleven Malaysia Bhd shares were suspended after the stock fell 15.33...
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KUALA LUMPUR (June 13): YTL Cement Bhd has increased its shareholding in Lafarge Malaysia Bhd to 76.98% following the conclusion of a mandatory general offer.
The Edge Markets:
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KUALA LUMPUR (June 13): The FBM KLCI fell 0.54% at the midday break today as losses including at Tenaga Nasional Bhd and Genting Bhd dragged the index lower in tandem with regional markets.
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KUALA LUMPUR (June 12): The FBM KLCI pared some of its losses at mid-morning today but remained lacklustre in line with the cautious regional markets.
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KUALA LUMPUR (June 11): The FBM KLCI pared some of its losses at the midday break as regional markets rose, while index-linked stocks helped minimise the KLCI's loss.
The Edge Markets:
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KUALA LUMPUR (June 11): The FBM KLCI reversed its earlier gains and fell at mid-morning today, dragged by losses at UMW Holdings Bhd and Tenaga Nasional Bhd.
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KUALA LUMPUR (June 10): The FBM KLCI rose 0.38% at the midday break today, as gains in Genting Bhd, IHH Healthcare Bhd and Tenaga Nasional Bhd lifted the local bourse in line with regional markets.
The Star:
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KUALA LUMPUR: Shares of Barakah Offshore Petroleum Bhd, which has been facing selling pressure, rose 11% in early trade Monday.
CarSifu:
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PETALING JAYA: PLUS Malaysia Bhd confirms that the Transport Ministry has banned all heavy vehicles from highways today and tomorrow "We hope this will ease traffic congestion, especially in uphill a...
The Star:
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PETALING JAYA: Plus Malaysia Bhd confirms that the Transport Ministry has banned all heavy vehicles from highways Saturday (June 8) and Sunday (June 9).
The Star:
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ANGKATAN Koperasi Kebangsaan Malaysia Bhd or Angkasa is the national apex cooperative of Malaysia and is governed by a representative system.
Free Malaysia Today:
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KUALA LUMPUR: Traffic flow on most highways was reported to be smooth as of 9.30am today.
The Star:
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KUALA LUMPUR: Petron Corp is spending US$100mil until next year to complete the upgrade of its refinery in Malaysia and allow it to produce Euro 5 diesel, the Philippines Star reported.
The Star:
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IPOH: The emergency lanes of the North-South Expressway in Slim River will be opened to vehicles if the traffic flow is heavy in the next few days, says Perak Road Transport Department director Severinus Tukah.
Free Malaysia Today:
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PETALING JAYA: National Road Safety Council member Lee Lam Thye says authorities are not necessarily to blame for the high number of road accidents, said to have hit 8,000 with 90 fatalities over the ...
The Star:
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IPOH: There is a possibility that the emergency lane on the North-South Expressway in Slim River could be opened to vehicles if the traffic flow is heavy, says Perak Road Transport Department director Severinus Tukah.