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KUALA LUMPUR: IOI Corporation Bhd’s unit IOI Investment (L) Bhd has announced its plans to purchase its outstanding US$600mil 4.375% notes due 2022.
KUALA LUMPUR: Moody’s Investors Service expects IOI Corporation Bhd’s leverage to decline due to stronger earnings growth amid high crude palm oil (CPO) prices and debt reduction.
KUALA LUMPUR: Investors resumed the rally past the 1,600-point level as the positive sentiment over a reopening economy continued to grow.
KUALA LUMPUR: Investors’ anticipation of a rally in the FBM KLCI during the pre-Budget 2022 period has become a self-fulfilling prophecy that has propelled the benchmark index higher almost 71% of the time since the Asian Financial Crisis.
KUALA LUMPUR (Bernama): A Malaysian Communications and Multimedia Commission (MCMC) deputy director was sentenced to six months in jail and fined RM87,000 by the Sessions Court here for bribery. He was found guilty on three charges of bribery involving RM87,000 in connection with the approval of the Universal Service Provision (USP) project.
KUALA LUMPUR: The FBM KLCI remained in negative territory as investors took profit in most of the market's counters after hitting the 1,600-point resistance in the previous session.
KUALA LUMPUR: The FBM KLCI was seen backing away from the 1,600 psychological level in early trade in light of caution after the recent strong rally.
MBSJ’s team ready to act in anticipation of flash floods and landslides during upcoming monsoon
KUALA LUMPUR: The FBM KLCI pushed higher into midday as financial stocks continued their advance while other sectors erased earlier losses.
KUALA LUMPUR: Bursa Malaysia stayed firm after six consecutive sessions of gains as investor confidence in the ongoing uptrend remained intact.