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KUALA LUMPUR: Share prices on Bursa Malaysia ended higher on Friday, amid persistent buying interest led by Axiata Group Bhd and Digi.com Bhd on the back of ongoing mega merger talks.
KUALA LUMPUR: The once-failed merger talks between Axiata Group Bhd and Norway’s Telenor ASA is back and the sweetener in the deal this time to make it more palatable is an equal shareholding of 33% by both parties.
KUALA LUMPUR: The local bourse finished firmer today amid a rangebound trade, with the key FBM KLCI settling 0.17% higher due to sustained buying on selected index-linked counters.
KUALA LUMPUR: The FBM KCL ended the morning session just a fraction of a point higher as the rebound lost momentum.
Digi, Petronas Gas and GentingM helped the FBM KLCI to end above the crucial 1,600 level on Friday as investors sentiment perked up following the improved key Asian markets.
Tan Sri Mokhzani Mahathir will be taking over as chairman of Maxis Bhd next month at a time when the mobile industry is facing one of its toughest battles in history.
MyBaikHati aims to collect used devices such as laptops, tablets and smartphones to be refurbished before being distributed to students in B40 families.
Petronas-linked stocks and Tenaga Nasional underpinned the FBM KLCI’s rebound on Wednesday, enabling it to recoup one-third of the previous day’s losses.
Group to look at multifaceted segments of technology
IPOH: Photovoltaic solar panels will be installed at the Urban Transformation Centre here as part of the effort to make Ipoh a smart city.