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RHB Bank profits soar to RM2.48 bil last year compared to 2018
KUALA LUMPUR: RHB Bank Bhd’s net profit jumped 7.7% to RM2.48 billion, for the financial year ended Dec 31, 2019, compared with RM2.31 billion in the year before. The better performance was mainly due to higher net income, lower expected
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Pos Malaysia recorded lower revenue of RM1.68 billion
KUALA LUMPUR: Pos Malaysia Bhd recorded a lower revenue of RM1.68 billion for the nine months of its financial period ended Dec 31, 2019, from RM1.76 billion in the preceding year. Net loss widened to RM215.58 million from RM24.64 million,
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Bursa Malaysia to establish a subsidiary to take over regulatory functions
KUALA LUMPUR: Bursa Malaysia Bhd will establish a wholly-owned subsidiary to assume the regulatory functions currently undertaken by Bursa Malaysia (Bursa RegSub). The Securities Commission Malaysia (SC) and Bursa Malaysia, in a joint statement yesterday, said both of them have
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All 30 FBM KLCI counters in the red as tensions In Middle East rise
KUALA LUMPUR: The local stock market took a direct hit from the escalating tension in the Middle East with all index were pushed into the red at early trade. All top 30 counters on FTSE Bursa Malaysia KLCI (FBM KLCI)
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Trade optimism bolster Bursa Malaysia at opening
KUALA LUMPUR: Bursa Malaysia made a strong opening today with every sector in positive territory after US President Donald Trump expressed optimism about a potential trade deal with China. At 9.08 am, FTSE Bursa Malaysia KLCI (FBM KLCI) increased 9.08
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Aireen Omar joins Tune Protect’s board as Tony Fernandes exits
KUALA LUMPUR: Tan Sri Tony Fernandes has stepped down as Tune Protect Group Bhd’s non-executive director due to the reorganisation of the AirAsia Group leadership team while Aireen Omar has been named non-executive director. Fernandes, who is a major shareholder
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Bursa Malaysia starts November easier
KUALA LUMPUR: Bursa Malaysia opened November in a weak note as market sentiment turned bearish following a renewed US-China trade jitters that curbed investors’ risk appetite for equities. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 1.99
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Budget 2020: Wealth creation opportunity for all, says Bursa Malaysia
KUALA LUMPUR: Budget 2020 offers a wide range of programmes and incentives to help ensure businesses and Malaysians from all walks of life have opportunities for wealth creation and well-being under Shared Prosperity Vision 2030, said Bursa Malaysia chief executive
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Dr M: We may list Petronas’ subsidiary
NEW YORK: The government may consider listing one of Petronas’ subsidiary to make Bursa Malaysia more attractive. Prime Minister Tun Dr Mahathir Mohamad said Petronas Carigali was one of the companies being considered, adding that there were also other possibilities.
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Bursa Malaysia opens marginally lower on subdued demand
KUALA LUMPUR: Bursa Malaysia opened marginally lower today on subdued demand with investors remaining tepid on the volatile global outlook. At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined a marginal 0.23 of-a-point to 1,592.10 from 1,592.33
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