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STATE-controlled Perak Corp Bhd (KL:PRKCORP) seems to have lost significant parcels of land as a result of not paying nominal amounts in quit rent, documents viewed by The Edge indicate. In October 2022, the Perak state government initiated moves to take over six parcels of land co...
TheEdge26 Jun, 2024 15:00pm - 5 minutes

越南航空美联社(河内26日讯)根据彭博资讯引述一份声明报道,越南的国际航空公司越南航空(Vietnam Airlines)正面临最快7月危机的危机,如果由政府担保的贷款还款期限无法获得展延,那么越航将进入资不抵债(insolvency)的局面。根据在越南国民议会网页上发表的一份声明,越航陷入财务危机...
Nanyang26 Jun, 2024 14:50pm - 15 minutes

KUALA LUMPUR: Malaysian-based Xamble Group, listed on the Australian Securities Exchange, has announced key appointments to accelerate its ambitious growth plans in line with the growing digital economy.The company has appointed Shereen Wong as its chief growth officer, Michael ...
NST26 Jun, 2024 14:47pm - 17 minutes

(取自沙布拉能源官网)(吉隆坡26日讯)Prolintas基建商托(PLINTAS,5320,主板商业产托)高层遭到反贪会扣留调查,沙布拉能源(SAPNRG,5218,主板能源股)“躺着也中枪”,证实公司主席遭扣查。沙布拉能源今日向马交所报备,董事部已批准公司主席于今日起休假,以专注配合反贪会对一件...
Nanyang26 Jun, 2024 14:40pm - 25 minutes

HSBC Malaysia maintained Malaysian equities on "underweight" despite recent gains, citing pressure on index-heavyweight banks and recent rise in valuations that cap further upside. The renewed interest is largely due to Malaysia’s rapid rise as a crucial link in the global tech supply chain, HSBC said. Sectors ranging from equipment markers, chip designers to testers, construction companies, and power producers are benefiting from an inflow of foreign investment, it noted.
TheEdge26 Jun, 2024 14:40pm - 25 minutes

KUALA LUMPUR: Energy services and solution provider Sapura Energy Bhd has appointed non-independent non-executive director Shahin Faroque Jammal Ahmad as its interim chairman.This follows the granting of a leave of absence to its chairman Datuk Mohammad Azlan Abdullah effective ...
NST26 Jun, 2024 14:36pm - 28 minutes

(吉隆坡26日讯)沙布拉能源(Sapura Energy Bhd,KL:SAPNRG)批准主席Datuk Mohammad Azlan Abdullah立即休假,让这位56岁高管专注于大马反贪会(MACC)正在进行的调查。
TheEdge26 Jun, 2024 14:36pm - 28 minutes

SINGAPORE: Oil prices inched up during Asian trade on Wednesday despite a surprise jump in U.S. stockpiles, driven by geopolitical risks from the Middle East conflict and forecasts of an eventual inventory drawdown during the third quarter peak demand season.
TheStar26 Jun, 2024 14:35pm - 30 minutes

The Assunta Hospital on Wednesday obtained leave (permission) from the High Court here in its judicial review application to challenge the Inland Revenue Board (IRB) director-general’s decision on May 15, 2023 to withdraw the hospital’s tax exemption status.
TheEdge26 Jun, 2024 14:25pm - 39 minutes

OSLO: Norway's largest pension fund KLP said on Wednesday it will no longer invest in Caterpillar Inc because of risk that equipment sold by the U.S. group to Israel is used to demolish Palestinian homes and infrastructure, including ...
NST26 Jun, 2024 14:24pm - 41 minutes

KUALA LUMPUR: Bank Negara Malaysia (BNM) may take supervisory actions and impose penalties on violations of regulatory provisions under its supervision following the recent incidents of online banking services outage. Deputy Finance Minister Lim Hui Ying said the appropriate follow-up ...
NST26 Jun, 2024 14:19pm - 45 minutes

Sapura Energy Bhd (KL:SAPNRG) has granted chairman Datuk Mohammad Azlan Abdullah leave of absence with immediate effect to allow the 56-year-old to focus on ongoing investigations by the Malaysian Anti-Corruption Commission (MACC) regarding a matter unrelated to the oil and gas engineering group.
TheEdge26 Jun, 2024 14:17pm - 48 minutes

Universiti Malaya (UM) is expected to offer a cardiothoracic specialist training course this October, the Dewan Rakyat was told on Wednesday. Higher Education Minister Datuk Seri Dr Zambry Abdul Kadir said that this move will enable those wishing to pursue this specialisation to do so at UM, with other institutions expected to follow suit in the future.
TheEdge26 Jun, 2024 14:16pm - 48 minutes

JAKARTA: E-commerce firm Shopee said on Wednesday it agreed to make changes to its services in Indonesia after the country's antitrust agency said the platform had admitted to violating anti-monopoly rules.Indonesia's antitrust agency, known as KPPU, said ...
NST26 Jun, 2024 14:15pm - 49 minutes

Malaysia recorded foreign direct investment (FDI) net inflows of RM40.4 billion in 2023 from RM75.4 billion the previous year, says the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the decrease in FDI net inflow was mainly in equity and investment fund shares, reflecting the global economic slowdown.
TheEdge26 Jun, 2024 14:09pm - 55 minutes

KUALA LUMPUR (June 26): Analysts remain upbeat on Gamuda Bhd (KL:GAMUDA), which recently reported stronger quarterly earnings, given its extensive overseas exposure and substantial order book.
TheEdge26 Jun, 2024 14:01pm - 1 hour

Malaysia's air passenger traffic recorded a significant 12.2% year-on-year (y-o-y) increase to eight million passengers in May, which was also a 0.8% month-on-month (m-o-m) rise, according to the Malaysian Aviation Commission (Mavcom).
TheEdge26 Jun, 2024 14:00pm - 1 hour

HEKTAR Real Estate Investment Trust (Hektar REIT) (KL:HEKTAR), which has several retail malls in its portfolio, could see the emergence of a new substantial unitholder. According to sources, Hektar Black Sdn Bhd’s stake in Hektar REIT has seen interest from several suitors for a while n...
TheEdge26 Jun, 2024 14:00pm - 1 hour

SINGAPORE: Asian stocks stuttered in choppy trade on Wednesday as markets braced for a key U.S. inflation reading, while the yen lurked just shy of 160 per dollar level, keeping traders on alert for another round of intervention by Japanese authorities.
TheStar26 Jun, 2024 13:49pm - 1 hour

KUALA LUMPUR: The ringgit is expected to be stronger against the US dollar in the last quarter of 2024, according to Deputy Finance Minister Lim Hui Ying.
TheStar26 Jun, 2024 13:46pm - 1 hour

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