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KUALA LUMPUR (Bernama): Former Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor admitted in the High Court on Friday (Jan 17) that he received a RM2mil cheque from businessman Tan Sri Chai Kin Kong almost four years ago.
KUALA LUMPUR: Blue chips closed Friday on an upbeat note, underpinned by gains in telcos especially Axiata, and Petronas Dagangan.
KUALA LUMPUR: Principal Asset Management Bhd (Principal) has launched the Principal Islamic Asean Equity Fund to offer investors the opportunity to capitalise on a diversified portfolio of equity investments that adhere to Shariah principles.
KUALA LUMPUR: Fund buying of Axiata and Digi helped underpin the FBM KLCI's advance at midday on Friday while most key Asian markets were upbeat about the resilence of China's economy.
KUALA LUMPUR: Axiata Group was in the spotlight on Thursday as fund buying of the telco lifted the FBM KLCI into the positive zone amid a weaker broader market.
KUALA LUMPUR: Power giant Tenaga Nasional fell to a six month low at midday on Thursday and dragged the FMB KLCI into the red while plantations lost ground as crude palm oil prices for third month delivery fell below the RM3,000 level.
PETALING JAYA: CGS-CIMB Equities Research is cautiously optimistic about YTL Corp’s strategy of making a comeback in the KL-Singapore high-speed rail (HSR) space ahead of the May 2020 deadline of the HSR’s review period.
KUALA LUMPUR: Late fund buying of Public Bank and a recovery in Tenaga Nasional enabled the FBM KLCI to close higher on Wednesday ahead of the signing of phase one of the US-China trade deal.
KUALA LUMPUR: Public Bank rebounded at midday on Wednesday but it was insufficient to lift the FBM KLCI following declines in Tenaga Nasional and Maybank while key Asian markets were mostly lower.
KUALA LUMPUR: CGS-CIMB Equities Research is cautiously optimistic on YTL Corp’s strategy of making a comeback in the KL-Singapore high-speed rail (HSR) space ahead of the May 2020 deadline of the HSR’s review period.