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Malakoff 1Q net profit dips 15.8% to RM50.9mil
KUALA LUMPUR: Malakoff Corp Bhd’s net profit fell 15.8% to RM50.9mil in the first quarter ended March 31, from RM60.4mil a year ago.
Ringgit ends easier versus US dollar
KUALA LUMPUR: The ringgit ended the day lower against the US dollar today as the market is cautious over the uncertain global economic outlook and monetary policies.
Sime Darby Property posts RM51.84mil in 1Q
KUALA LUMPUR: Sime Darby Property Bhd (SDP) posted a lower net profit of RM51.84mil in the first quarter ended March 31 against RM66.04mil a year ago.
Govt has distributed RM20.5mil to 'murabbi ummah' in Federal Territories, says Minister
PUTRAJAYA: The Federal Government has channeled a financial allocation of RM20.5mil to imams, ‘bilal’ (announcer of calls to prayer), ‘siak’ (mosque caretaker), ‘takmir’ (religious knowledge) teachers and Al-Quran and Fardu Ain (KAFA) Class teachers in the Federal Territory of Kuala Lumpur, Putrajaya and Labuan this year.
KLK 2Q net profit rises 11% to RM546mil, declares 20 sen dividend
KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK), which posted an 11.4% jump in its net profit of RM546.57mil in the second quarter ended March 31 (2Q22), has proposed a dividend of 20 sen per share.
Ahmad Zahid denies committing CBT, says YAB funds transferred to legal firm as officer found negligent
KUALA LUMPUR: Datuk Seri Dr Ahmad Zahid Hamidi denied committing criminal breach of trust involving RM17,953,185.21 of Yayasan Akalbudi (YAB) funds on Tuesday (May 24) and instead claimed that he transferred the money to a legal firm because his former executive secretary was prone to making mistakes in handling money.
Pakistani escapes the gallows, gets 20-year jail instead for drug possession
PUTRAJAYA: A Pakistani man escaped the gallows on Tuesday (May 24) after the charge against him for drug trafficking was substituted with one of drug possession.
UMW 1Q net profit jumps to RM101.21mil
KUALA LUMPUR: UMW Holdings Bhd's net profit jumped to RM101.21 million in the first quarter ended March 31, 2022 (Q1 2022) from RM79.80 million in Q1 2021.
KLCI tumbles to 15-week low
KUALA LUMPUR: Bursa Malaysia saw a follow-through selling pressure on Tuesday, pushing the benchmark index to its lowest in over three months.
