Wednesday, November 10, 2021

Bursa Malaysia

Sarawak Consolidated Industries Berhad to continue with daily operations

KUCHING: Sarawak Consolidated Industries Berhad (SCIB) announced that its operations would continue as usual despite a stock trading suspension by Bursa Malaysia Securities Berhad from Nov 9. It said that the trading suspension pertained to Bursa Securities’ rejection of an...

Serba Dinamik takes legal action against Bursa Malaysia

KUALA LUMPUR: Serba Dinamik Holdings Bhd (SDHB) filed an originating summons (OS) at the Kuala Lumpur High Court against Bursa Malaysia on Nov 3 in which it said the stock exchange regulator acted in “excess of power” with regard...

Bursa remains in the red at mid-afternoon

KUALA LUMPUR: Bursa Malaysia remained in the red at mid-afternoon amid major political developments in the country. At 3.05 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) shed 9.51 points to 1,495.60 from from Friday’s close of 1,505.11. The index...

MyEG’s shares up on plan to introduce DeFi service in Malaysia

KUALA LUMPUR: MyEG Services Bhd’s shares on Bursa Malaysia rose in the early session today after the company announced its plan to introduce decentralised finance (DeFi) product last Friday. At 9.53am, its share price went up 3.0 sen to RM1.62...

Hubline raises another RM4.02 mln from private placement

KUCHING: Hubline Bhd has raised an additional RM4.02 million from the second tranche private placement exercise. The company placed out 108,603,000 new ordinary shares priced at RM0.037 each under the second tranche, it said in a filing with Bursa Malaysia. With...

Bursa Anywhere app now features eRights service

KUALA LUMPUR: Bursa Malaysia Bhd has introduced a new service on its Bursa Anywhere mobile application (app), enabling investors to subscribe for rights issue electronically (eRights). In a statement today, the exchange said the new eRights service offers a convenient...

Bursa Malaysia Derivatives’ night trading to attract more international traders

KUALA LUMPUR: Bursa Malaysia Derivatives Bhd’s move to launch the after-hours (T+1) night trading session will likely attract more market participants from around the world, and is expected to boost trading periodically every quarter, says CGS-CIMB Futures Sdn Bhd. Senior...

OM Holdings’ Sarawak smelter resumes operations

KUALA LUMPUR: OM Holdings Ltd has resumed its operations which had been suspended since May 28 after several Covid-19 cases were reported at its smelter complex in Sarawak. The company plans to ramp up its production in stages, given the...

Bursa Malaysia’s losses widen at mid-morning, 858 counters in the red

KUALA LUMPUR: Bursa Malaysia's losses widened at mid-morning with 858 counters in the red, as the extension of the movement control order under Phase 1 affected sentiment. At 11.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slid 16.98 points...

Malaysia’s economy to remain on positive growth trajectory despite uncertainty on global front

KUALA LUMPUR: Malaysia’s economy is expected to remain on the positive growth trajectory moving forward despite uncertainty on the global economic front, as the country still has ample liquidity buffers. Inter-Pacific Asset Management Sdn Bhd chief executive officer Datuk Dr...
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Latest News

STB calls for entries on beauty of Sarawak

KUCHING: Sarawak Tourism Board (STB) on Tuesday (Nov 9) launched its very first photography and videography competition to celebrate...
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