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Analysts are mixed on CIMB Group Holdings Bhd’s outlook despite its 92.5 per cent-owned Indonesian banking unit, PT Bank CIMB Niaga Tbk (Niaga) reported a robust financial results in the first quarter ended March 31,2021 (Q1 FY21).
SHAH ALAM: A lawyer was sentenced to six years’ imprisonment after being found guilty of eight counts of money-laundering by the Sessions Court here.
PETALING JAYA: Growth in the automotive sector is expected to pick up momentum in the coming months, spurred by the sales and services tax (SST) exemption and low financing rates, following the reduction in interest rates.
FRESH from posting a stellar quarter that led to a major spike in its share price, a bigger story is unravelling at Telekom Malaysia Bhd (TM).
PETALING JAYA: The revival of the multi-billion-ringgit Bandar Malaysia project has brought back interest in the construction sector, but some reckon the potential beneficiaries are likely to be limited.
KUALA LUMPUR: Shares of Computer Forms (Malaysia) Bhd continued to rise early trade Wednesday after its substantial shareholder Tan Sri Robert Tan Hua Choon raised his takeover offer price to RM1.38 from RM1.28.
KUALA LUMPUR: Techbond Group Bhd has inked an underwriting agreement (UA) with Public Investment Bank Bhd (PIVB) for its initial public offering (IPO) exercise en route to its listing on the Main Market of Bursa Malaysia Securities Bhd (Bursa Securities) by year-end.
KUALA LUMPUR: The ringgit was traded easier against the US dollar early Friday, tracking the lower oil prices as investors await US economic data.
KUALA LUMPUR: The ringgit was higher against the US dollar early Monday as accusations of currency manipulation by China and the European Union by President Donald Trump set it at a disadvantage.