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PETALING JAYA: Goldis Bhd is expected to complete the privatisation of IGB Corp Bhd in early March, following which both companies will be consolidated into a single listed company.
HONG KONG: Bitcoin steadied Friday after four days of losses for the largest cryptocurrency amid increasing scrutiny from regulators around the world with concerns ranging from investor losses to strains on power systems.
THE ringgit, which hit a level not seen since July 2016, is expected to trade on a stronger note but may retrace slightly to above 4.00 to the US dollar in the second quarter.
KUALA LUMPUR: The ringgit’s spurt against the US dollar is lifting foreign appetite for local equities as higher crude oil prices and the weakening dollar boosts buying interest in the local stock market.