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KUALA LUMPUR: RHB Research is positive over the award of Bumi Armada Bhd's announcement of 10+5-year contracts for Armada Sterling, which will enhance the group's cash flow visibility.
GEORGE TOWN: Bottom lines have taken a beating during the pandemic, especially for those in the hospitality and manufacturing sectors, but there are some businesses that have shown their true mettle in riding through the storm.
KUALA LUMPUR: The FBM KLCI extended its rebound for a second day on Friday to rise off two-week lows amid a return of investor interest in glove counters.
KUALA LUMPUR: RHB Investment Bank has initiated coverage on Ranhill Utilities Bhd with a "buy" call on attractive valuations, a stable revenue stream and potential future upsides from investments overseas.
Home improvement retailer seeks to raise RM2.1bil
KUALA LUMPUR: The FBM KLCI entered the lunch break in positive territory after spending the early morning session in the red as investors approached recent political developments with caution.
KUALA LUMPUR: MR. D.I.Y. Group (M) Bhd had on Thursday signed an underwriting agreement with several banks for its IPO which comprises of 941.49 million new and existing shares as it seeks to list on the Main Market of Bursa Malaysia Securities,
KUALA LUMPUR: Although the six-month automatic loan moratorium was beneficial to the country, it is important to move out of the moratorium period so that the economy can start to recover.
KUALA LUMPUR: Smart Glove Corp, a disposable glove maker in Malaysia, has selected Affin Hwang Investment Bank Bhd and RHB Bank Bhd for its planned initial public offering that could raise more than RM1bil (US$242mil), according to those familiar with the matter.
JOHOR BARU: Small and medium enterprises (SMEs) have to be agile and act fast following the global Covid-19 pandemic in order to survive in the business world, says Digi SME business division head Steven Soon.