Mon, 19 Aug 2019, 11:38 AM
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Topic: May 31

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KUALA LUMPUR (Aug 8): Plasticware products manufacturer cum property developer Acme Holdings Bhd has proposed to undertake a bonus issue of up to 59.69 million free warrants on the basis of one warran...
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KUALA LUMPUR (Aug 7): Plasticware products manufacturer cum property developer Acme Holdings Bhd has proposed to undertake a bonus issue of up to 59.69 million free warrants on the basis of one warran...
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KUALA LUMPUR (Aug 7): The ringgit was slightly higher against the US dollar at opening today, but, continued to trade off the back foot, weighed down by the prospect of an escalation trade tensions an...
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KUALA LUMPUR, Aug 7 ― The ringgit was slightly higher against the US dollar at opening today, but, continued to trade off the back foot, weighed down by the prospect of an escalation trade tensions ...
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KUALA LUMPUR, Aug 6 — The ringgit fell as much as 0.29 per cent to its lowest level in more than two months against the US dollar, as investors remained concerned about the worsening US-China trade ...
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PETALING JAYA: A convicted criminal will spend more time in jail after he was sentenced 20 months by the magistrate’s court here today, for possession of a stolen vehicle.
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KUALA LUMPUR, Aug 1 ― Bursa Malaysia was lower at mid-morning, with the benchmark index remaining in negative territory, dragged down by bearish market sentiment.
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KUALA LUMPUR (July 31): Based on corporate announcements and news flow today, stocks in focus on Thursday (Aug 1) may include: Press Metal Aluminium Holdings Bhd, Zeland Bhd, Chin Teck Plantations Bhd...
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KUALA LUMPUR (July 31): Chin Teck Plantations Bhd's net profit dropped 62.4% year-on-year mainly due to lower revenue and other income.
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KUALA LUMPUR (July 31): Advancecon Holdings Bhd has secured an earthworks and civil engineering contract for a township in Bangi, Selangor worth RM83.82 million.
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KUALA LUMPUR (July 31): Advancecon Holdings Bhd has secured an earthworks and civil engineering contract for a township in Bangi, Selangor worth RM83.82 million.
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PUTRAJAYA: The Education Ministry is in the midst of implementing a new organisation structure for the education sector in stages, beginning June 1, said Education director-general Datuk Dr Amin Senin...
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KUALA LUMPUR (July 29):  Ecobuilt Holdings Bhd (formerly known as M-Mode Bhd) is selling three of its subsidiaries to its founder and former managing director Datuk Lim Thean Keong for RM12 million, ...
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KUALA LUMPUR (July 29): Ancom Bhd’s net profit rose 21.43% to RM10.33 million in the fourth quarter ended May 31, 2019 (4QFY19), from RM8.51 million a year ago, thanks mainly to gains from the dispo...
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KUALA LUMPUR: Credit Suisse Group AG has emerged as a subtantial shareholder in loss-making Vsolar Group Bhd with a 5.08% stake.
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SINGAPORE: Singapore Press Holdings Ltd. is now the worst performer on the MSCI Singapore Index, as shares hover at a 25-year low, after a strategy to diversify into real estate has so far failed to offset sagging earnings from its media business.
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KUALA LUMPUR (July 25): Based on corporate announcements and news flow today, companies that may be in focus on Friday (July 26) may include Genting Malaysia Bhd, Genting Bhd, Caring Pharmacy Group Bh...
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KUALA LUMPUR (July 25): Caring Pharmacy Group Bhd posted an 11% drop in net profit to RM5.23 million in the fourth quarter ended May 31 from RM5.87 million a year ago, despite an 18.4% rise in revenue...
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KUALA LUMPUR (July 25): Gadang Holdings Bhd fell 6.04% this morning after it made a net loss of RM3.39 million in the fourth quarter ended May 31 from a RM23.31 million net profit a year prior due to ...
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KUALA LUMPUR: Stocks on investors' radar screens on Thursday include GHL Systems, HIbiscus Petroleum, Axis REIT, Gadang and DNeX.
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KUALA LUMPUR (July 24): Based on corporate announcements and newsflow today, these stocks could be in focus on Thursday (July 25): GHL Systems Bhd, Hibiscus Petroleum Bhd, Axis Real Estate Investment ...
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KUALA LUMPUR (July 24): Gadang Holdings incurred a quarterly net loss of RM3.39 million for the fourth quarter ended May 31, 2019 (4QFY19), versus a net profit of RM23.31 million a year ago, due to re...
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WASHINGTON, July 24 — The US Justice Department said yesterday it was opening an investigation of major digital tech firms on whether they engage in anticompetitive practices.
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BANGI (July 23): The probe into Tenaga Nasional Berhad (TNB)’s alleged violation of the Energy Commission standard for service levels has been completed with the investigation paper (IP) sent to th...
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KUALA LUMPUR: Malaysian Rating Corporation (MARC) has removed Quantum Solar Park (Semenanjung) Sdn Bhd’s (QSP Semenanjung) RM1bil green SRI sukuk rating from MARCWatch Negative.
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BANGI: The probe into Tenaga Nasional Berhad (TNB)’s alleged violation of the Energy Commission standard for service levels has been completed with the investigation paper (IP) sent to the Attorney-...
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BANGI (July 23): The probe into Tenaga Nasional Bhd (TNB)’s alleged violation of the Energy Commission standard for service levels has been completed, with the investigation paper (IP) sent to the A...
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KUANTAN: A total of 16 contract school cleaners in Pahang are seeking justice as they claim to have lost their source of income after their contracts were suddenly terminated.
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KUALA LUMPUR (July 22): The Securities Commission Malaysia (SC) will be implementing an action plan with the main objectives of supporting the National Anti-Corruption Plan (2019-2023) (NACP) and with...
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Penang exco Dr Afif Bahardin today defended his tweets on engagement sessions held by the state government on the Penang South Reclamation (PSR) project.
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GEORGE TOWN: The Penang Fisherman’s Association today said it had “unanimously” objected to the reclamation of three islands along the southern coast, against the state government’s claim that...
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KUALA LUMPUR (July 17): Finance Minister Lim Guan Eng said today he was speaking last year within the context of Malaysia's goods and services tax (GST) refunds that were not returned to taxpayers but...
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KUALA LUMPUR (July 17): The total amount of debt held by the Federal Government had increased to RM741.05 billion at the end of 2018, from RM686.84 billion at the end of 2017.
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KUALA LUMPUR: The Public Accounts Committee (PAC) has confirmed that the previous government had used the Goods and Services Tax (GST) collections for other purposes, said Finance Minister Lim Guan En...
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KUALA LUMPUR (July 16): The key highlight in the Public Accounts Committee (PAC) report on "missing" goods and services tax (GST) refunds is the violation of the law on the use of funds, said Finance ...
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PUTRAJAYA, July 16 — The Finance Ministry respects the two main recommendations of the Public Accounts Committee (PAC) that the violation of the laws and non-compliance of regulations on the repayme...
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Lim Guan Eng speaking to reporters at the Parliament in Kuala Lumpur.
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A fishermen association has denied that its representatives had met the Penang government for discussions since the Penang South Reclamation (PSR) was mooted in 2016.
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KUALA LUMPUR (July 16): The key highlight in the Public Accounts Committee (PAC) report on "missing" goods and services tax (GST) refunds is the violation of the law on the use of funds, said Finance ...
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KUALA LUMPUR (July 16): The Customs Department had intentionally slowed down the Goods and Services Tax (GST) refund process, as the government had run out of money to pay the refunds, the Public Acco...
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KUALA LUMPUR (July 16): Finance Minister Lim Guan Eng said today the Public Accounts Committee's (PAC) summary shows that there was a RM19.25 billion shortfall in the fund for GST refunds because the ...
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KUALA LUMPUR: The Customs Department had intentionally slowed down the goods and services tax (GST) refund process as the previous Barisan Nasional (BN)-led government had run out of money to pay the ...
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Goods and services tax (GST) refunds for businesses worth RM19.4 billion (S$6.4 billion) that allegedly went missing from Malaysia's government coffers during former prime minister Najib Razak's tenur...
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KUALA LUMPUR: The Public Accounts Committee (PAC) has found that Goods and Services Tax (GST) refunds totalling RM1.5 billion that have been approved had not been paid as of May 31, 2018.
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KUALA LUMPUR, July 15 — The Public Accounts Committee (PAC) has found that Goods and Services Tax (GST) refunds totalling RM1.5 billion that have been approved had not been paid as of May 31, 2018.
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KUALA LUMPUR (July 15): The Customs Department had intentionally slowed down the Goods and Services Tax (GST) refund process, as the government had run out of money to pay the refunds, the Public Acco...
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KUALA LUMPUR (July 15): Only RM1.5 billion of Goods and Services Tax (GST) refunds were due as at May 31, 2018, and not RM19.4 billion as claimed by Finance Minister Lim Guan Eng, the Parliamentary Pu...
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KUALA LUMPUR (July 15): Opposition leader Datuk Seri Ismail Sabri Yaakob (BN-Bera) verbally requested that Finance Minister Lim Guan Eng be referred to the parliamentary Committee of Privileges over r...
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KUALA LUMPUR - Goods and Services Tax (GST) refunds for businesses worth RM19.4 billion (S$6.41 billion) that allegedly went missing from government coffers during former prime minister Najib Razak's ...
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KUALA LUMPUR (July 15): Only RM1.5 billion of Goods and Services Tax (GST) refunds were due as at May 31, 2018, and not RM19.4 billion as claimed by Finance Minister Lim Guan Eng, the Parliamentary Pu...
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KUALA LUMPUR: The Public Accounts Committee (PAC) has unanimously agreed to table the report on refunds for taxes paid under the goods and services tax (GST) amounting to RM19.4 billion tomorrow, one ...
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GEORGE TOWN: Chief Minister Chow Kon Yeow assures fishermen worried about the Penang South Reclamation (PSR) project that their rice bowl will be protected.
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GEORGE TOWN: The Penang government today assured fishermen protesting against the three islands reclamation project their concerns and demands would be looked into.
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GEORGE TOWN, July 12 — The Penang government is arranging a meeting in September to meet and offer assistance to local fishermen affected by three man-made islands plan.
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TOKYO: Fast Retailing Co.’s profit fell short of analyst estimates as a weaker performance in Japan overshadowed a strong showing in its overseas markets, particularly China.
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SINGAPORE/JAKARTA: When Resti Novita Sari booked to fly from Jakarta to her hometown of Padang to visit family for the Eid holiday, airfares were 40% to 60% higher than she had paid in previous years.
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I AM perplexed with the Bernama report “1,057 tourism package fraud complaints made with the CCT” (July 9).
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TOKYO, July 10 ― The dollar edged toward a three-week high against a basket of major currencies today, as an unwinding of bets on deep US interest rate cuts pushed Treasury yields higher.
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KUALA LUMPUR (July 9): The government plans to have more places to keep foreign vessels that are seized by Malaysian authorities for trespassing into the country’s territorial waters, as the existin...
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KUALA LUMPUR: A total of 1,057 complaints on tourism fraud were filed with the Consumer Claims Tribunal (CCT) since 2016 until May 31 this year, involving claims totalling RM6.6 million, Parliament wa...
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KUALA LUMPUR: Cheating on their spouses and in-laws getting involved in marriages are among the main reasons behind divorce cases involving young couples, the Dewan Rakyat was told.
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BANGI: Primary Industries Minister Teresa Kok is optimistic Malaysia will be able to achieve 100% sustainable palm oil production by January 2020 despite only 36% of palm oil growers attaining the Mal...
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KUALA LUMPUR: The government is mulling introducing a compatibility test for dating couples intending to get married, says Women, Family and Community Development Deputy Minister Hannah Yeoh
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KUALA LUMPUR: YTL Communications Bhd has reiterated that it did not ask for any special preferences when it offered free Internet services to the Education Ministry while awaiting a fresh tender for the 1BestariNet contract.
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PETALING JAYA: Homeritz Corp Bhd’s net profit rose 51.82% to RM7mil on the back of a 5.7% drop in revenue to RM37.57mil for the third quarter to May 31. It declared a two sen dividend for the quarter.
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KUALA LUMPUR, July 6 — Bursa Malaysia is likely to stage a strong rebound with the key index breaching the 1,700-psychological level next week amid positive market posture, after a long spell of dow...
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PUTRAJAYA (July 5): The Ministry of Education rejected YTL Communications Sdn Bhd’s offer for free internet service to schools nationwide for an interim six month period prior to the call of an open...
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KUALA LUMPUR: YTL Communications Sdn Bhd has claimed the ministry of education breached contractual obligations pertaining to the supply of Internet connectivity to 10,000 schools nationwide following...
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KUALA LUMPUR: YTL Commu­ni­cations Sdn Bhd has accused the Education Ministry of hiring three Internet service providers (ISPs), namely Telekom Malaysia, Celcom Axiata and Maxis, for schools although YTL offered free Internet services for the second half of this year in the interim period.
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KUCHING (July 3): The Ministry of Primary Industries has urged oil palm smallholders to obtain the Malaysia Sustainable Palm Oil (MSPO) certification which will be mandatory on Dec 31 this year.
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KUCHING: Difficulty in locating mid-sized oil palm plantation owners has resulted in the government’s failure to achieve a higher percentage of Malaysian Sustainable Palm Oil (MSPO) certification in...
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YTL Communications Sdn Bhd has claimed that the Ministry of Education has breached its contractual obligations.
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KUCHING: The Pakatan Harapan government will maintain the previous administration's target of achieving 100% Malaysian Sustainable Palm Oil (MSPO) certification for oil palm planted areas in the country by the end of this year.
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PETALING JAYA: YTL Communications Sdn Bhd today said it was shocked that three other companies have been chosen to continue internet connectivity service for schools.
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KUALA LUMPUR: YTL Communications Sdn Bhd has alleged that the Education Ministry has hired three internet service providers for schools when the company offered to do so for free.
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YTL Communications Sdn Bhd has alleged that the Education Ministry has hired three internet service providers for schools when the company had offered to do so for free.
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KUALA LUMPUR, July 3 — Communications company YTL Communications expressed “complete surprise” over its exclusion from the award for interim Internet connectivity services at Malaysian schools t...
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PETALING JAYA: The government is not interested in uncovering the truth behind the enforced disappearances of activist Amri Che Mat and pastor Raymond Koh, Norhayati Mohd Ariffin said today.
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BUTTERWORTH: The Penang go­­vernment is eager to get rid of 397 containers filled with plastic waste at the North Butterworth Container Terminal (NBCT) here.
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KUALA LUMPUR: The government has assured that any approval for refugees to work in the country will not be made at the expense of Malaysians.
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KUCHING: A total 111,879 women nationwide have registered with i-suri, a full-time housewives’ programme, as of May 31, 2019, according to Deputy Prime Minister, Datuk Seri Dr Wan Azizah Wan Ismail.
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KUALA LUMPUR (June 29): Avillion Bhd has proposed a private placement exercise to raise funds for the repayment of bank borrowings, refurbishment and maintenance of hotels and resort as well as for a ...
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PETALING JAYA: MyHSR Corp Sdn Bhd has appointed Minconsult Sdn Bhd and Ernst & Young as the technical advisory consultant (TAC) and commercial advisory consultant (CAC) respectively for the Kuala Lumpur-Singapore high speed rail (HSR) project.
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KUALA LUMPUR (June 28): Avillion Bhd has proposed a private placement exercise to raise funds for the repayment of bank borrowings, refurbishment and maintenance of hotels and resort as well as for a ...
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GEORGE TOWN: Owners of condominium units, apartments and other stratified properties in Penang will need to pay quit rent directly to the respective district land offices from this year.
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This article first appeared as "Making the LEAP to ACE or Main Market" in The Edge Malaysia Weekly, on June 17, 2019 - June 23, 2019 BURSA Malaysia’s Leading Entrepreneur Accelerator Platform — be...
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KUALA LUMPUR: Bursa Malaysia joined key Asian markets to close in the red on Friday – the last trading day of the first half – on lack of fund support due to uncertainty ahead of a meeting between US President Donald Trump and Chinese President Xi Jinping.
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GEORGE TOWN, June 28 — The owners of stratified properties will now have to pay parcel rent directly to their respective district and land offices, Penang Chief Minister Chow Kon Yeow said today.
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KUALA LUMPUR (June 28): National Feedlot Corporation Sdn Bhd (NFCorp) and 10 others named as defendants in a suit by the Government to reclaim an RM253.6 million loan have been ordered to file their d...
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KUALA LUMPUR (June 27): National Feedlot Corporation Sdn Bhd (NFCorp) and 10 others named as defendants in a suit by the Government to reclaim an RM253.6 million loan have been ordered to file their d...
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KUALA LUMPUR: National Feedlot Corporation Sdn Bhd (NFCorp) and 10 others named as defendants in a suit by the government to reclaim RM253.6 million that was loaned to the company operated by former W...
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KUALA LUMPUR: National Feedlot Corporation Sdn Bhd (NFCorp) and 10 others have been ordered to file their defence in a suit filed by the government to reclaim RM253.6 million.
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KUALA LUMPUR: National Feedlot Corporation Sdn Bhd (NFCorp) and 10 others named as defendants in a suit by the government to reclaim RM253.6 million that was loaned to the company operated by former W...
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National Feedlot Corporation Sdn Bhd (NFC) and 10 others were named as defendants in a suit by the government to reclaim RM253.6 million that was loaned to the company operated by former women, family...
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KUALA LUMPUR, June 27 — National Feedlot Corporation Sdn Bhd (NFCorp) and 10 others named as defendants in a suit by the government to reclaim RM253.6 million that was loaned to the company operated...
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KUALA LUMPUR (June 27): AEON Credit Service (M) Bhd posted a 14.7% decrease in net profit to RM84.60 million for its first quarter ended May 31, 2019 (1QFY20), against RM99.24 million in the same corr...
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KUALA LUMPUR, June 27 — Property developer, Eco World Development Group Bhd, posted a lower net profit of RM41.17 million for the second quarter ended April 30, 2019 from RM43.13 million recorded i...
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BURSA Malaysia’s Leading Entrepreneur Accelerator Platform — better known as the LEAP Market — was launched in 2017 during the tenure of former Bursa CEO Datuk Seri Tajuddin Atan.
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KUALA LUMPUR: RHB Group Asset Management (RHBGAM) launched RHB China Bond Fund, a feeder growth fund to BlackRock Global Funds - China Bond Fund or target fund.