BNM keeps OPR at 3% as widely expected
Malaysia’s central bank on Thursday left the benchmark interest rate unchanged as widely expected, drawing comfort from sustained economic expansion and benign inflation.
KIP REIT net property income surges 63% in 4QFY2024, declares 1.97 sen payout per unit
KIP Real Estate Investment Trust (KL:KIPREIT) said on Thursday its net property income surged 62.8% in the final quarter of 2024 earlier, thanks to strong gain of retail properties in the northern and central regions.
Varia bags subcontract worth RM555m, sending shares to near eight-month high
Under the subcontract, Varia will supply labour, plants, materials, equipment, tools, transport, temporary works and ancillary needed to build a sewage treatment plant in Penang.
BNM keeps OPR at 3% as widely expected
Malaysia’s central bank on Thursday kept the benchmark interest rate unchanged as widely expected, amid resilient economic growth and manageable inflation.
Sabah-based builder Azam Jaya files for Main Market IPO
Azam Jaya Bhd, a Sabah-based construction company, filed for an initial public offering (IPO) on the Main Market of Bursa Malaysia to raise funds to buy equipment and free up working capital to pursue larger projects.
Construction services firm Wawasan Dengkil files for ACE Market IPO
Wawasan Dengkil Holdings Bhd, a construction services company, filed for an initial public offering (IPO) on the ACE Market to raise funds to buy equipment, and to finance project working capital.
Northern Solar, backed by Lagenda Properties, files for ACE Market IPO
Northern Solar Holdings Bhd, which installs solar panels and operates solar farms, has filed for an initial public offering (IPO) on the ACE Market to raise funds for expansion.
Retail sales rebounded in 1Q, may slow in next three months — Retail Group Malaysia
Retail sales grew 7.8% in January-March 2024 when compared to the same period in 2023.
Malaysia's wholesale and retail sales growth accelerates to 6.6% in April, official data show
The pace of sales growth was faster than the 5.2% year-on-year increase in March.
MRCB shares fall as below-view 1Q prompts caution
Shares in Malaysian Resources Corp Bhd (KL:MRCB) fell on Friday, and nearly wiped out their gains this month, as the latest weaker-than-expected quarterly results prompted caution among investors and analysts.
