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KLCI, key Asian markets close higher, ringgit climbs

22 August 2017

KUALA LUMPUR: Bursa Malaysia and most key Asian markets closed on firmer note on Tuesday, with Genting Malaysia and Sime Darby among the biggest movers on the FBM KLCI while the ringgit rose against several major currencies.

MISC, GentingM and Maybank weigh on KLCI

21 August 2017

KUALA LUMPUR: Blue chips closed lower on Monday, weighed down by losses in MISC, Genting Malaysia and Maybank as funds stepped up profit taking, tracking the mixed key Asian markets.

Clash of two tycoons

19 August 2017

TWO notable tycoons in Malaysia – T. Ananda Krishnan and Tan Sri Vincent Tan – keep bumping into each other, not literally, but in the businesses they venture into.

New tool for management of telecoms assets in Perak

19 August 2017

OWNERS of telecommunication assets now access to an expedited mechanism for safety audits and renewal of permits thanks to the launch of the Amanjaya Telecommunications Audit Management System (Sistem Pengurusan Audit Telekomunikasi Amanjaya or Spata in Malay).

Late push enables KLCI to close off Friday's low

18 August 2017

KUALA LUMPUR: Blue chips managed to close off their day's low on Friday on late buying support for several FBM KLCI stocks while key Asian markets were in the red after the fallout from the US political scene.

Buyout firms readying sale of $1b Indonesia tower operator STP

17 August 2017

SINGAPORE/JAKARTA: Buyout firms Carlyle and Southern Capital Group are in talks to sell their majority stake in Solusi Tunas Pratama in a deal that could value the Indonesian telecoms tower operator at about $1 billion, three people familiar with the process said.

Telcos get closer to network parity

15 August 2017

KUALA LUMPUR: The local telco market was brought closer to network parity as the 900/1800MHz spectrum reallocation took effect on July 1.

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