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KUALA LUMPUR: Bumi Armada Bhd’s extension of the final maturity date for its Tranche 1 facility to Nov 23,2022 from May 2021 previously has not sat well with analysts.
KUALA LUMPUR: Bumi Armada Bhd has secured an extension of the final maturity date for Tranche 1, consisting of US$260mil (RM1.05bil), under term loan facilities worth US$660mil (RM2.67bil).
KUALA LUMPUR: Bursa Malaysia rebounded on Tuesday following the sell-off in the previous session as equities were buoyed by the surge in crude oil prices on ongoing supply disruptions and a stronger demand outlook.
KUALA LUMPUR: Oil and gas (O&G) related counters attracted investors’ attention this morning as oil price rally continues.
KUALA LUMPUR: A buying mood returned to Bursa Malaysia following yesterday's decline as rising crude oil prices raised the prospect of a recovering economy.
KUALA LUMPUR: Bursa Malaysia extended its rebound on Friday after yet another positive session on Wall Street, and as more details of Malaysia's vaccination programme are revealed.
KUALA LUMPUR: The domestic market rebounded on Wednesday as investors regained confidence following the government's announcement yesterday that businesses will remain open despite the state of emergency.
KUALA LUMPUR: The rebound seen on the local stock exchange yesterday proved short-lived as the market tumbled further on Wednesday amid growing pessimism over the rising number of coronavirus cases and the state of the global recovery.
KUALA LUMPUR:Oil and gas (O&G) related counters saw gains this morning as oil futures rallied by nearly 5% on Tuesday.