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KUALA LUMPUR: Strong gains in MISC and the banking sector helped to keep the positive momentum going on the FBM KLCI, which extended its rebound for a third straight day.
PETALING JAYA: Shares of AirAsia Group Bhd continued to suffer from recent setbacks, with nearly RM940mil being wiped off from its market capitalisation between Jan 31 to Feb 4
PETALING JAYA: AirAsia Group Bhd said its founders Datuk Kamarudin Meranun and Tan Sri Anthony Francis Fernandes have relinquished their executive posts as the budget carrier forms a committee to review the allegations against them.
KUALA LUMPUR: LPI Capital Bhd's net profit increased by 2.6 per cent to RM322.36 million in the financial year ended Dec 31,2019 (FY19) amid a challenging operating environment for the general insurance industry.
KUALA LUMPUR: Proton recorded its most successful January sales in four years with a 20.2% jump in new registrations over the same period last year to 8,506 units.
KUALA LUMPUR: Bursa Malaysia Bhd’s net profit for its fourth quarter ended Dec 31,2019 (4Q FY19) dropped to RM45.56mil from RM51.86mil a year ago, due to lower segment profits recorded during the quarter.
KUALA LMPUR: Lotte Chemical Titan Holdings Bhd, which posted lower net profit for the financial year ended Dec 31,2019, cautioned that the petrochemicals business would be challenging.
KUALA LUMPUR: AirAsia Group Bhd continued to post strong growth in number of passengers carried in the last quarter of 2019, but its overall load factor dropped due to higher capacity and pricing strategy.
KUALA LUMPUR: AirAsia X Bhd’s (AirAsia X) number of passengers carried during the fourth quarter of 2019 (4Q19) increased eight per cent to 1.61 million passengers from the same period last year.
KUALA LUMPUR: Capitaland Malaysia Mall Trust (CMMT) reported lower income in the last quarter ended Dec 31, 2019 amid lower occupancies at its properties in the Klang Valley.