News Analytics
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Sentiment
Star Media, Ho Hup Construction, Sin-Kung Logistics, Ireka, Niche Capital, Favelle Favco, KKB Engineering and RHB Bank
KUALA LUMPUR (May 6): Here is a brief recap of some business news and corporate announcements that m...
Sentiment
Seng Fong’s net profit jumps over threefold in 3Q; share price hits all-time high
KUALA LUMPUR (May 6): Rubber processor and exporter Seng Fong Holdings Bhd's net profit jumped more ...
Sentiment
EPF initiates legal action against Ireka unit over unpaid contributions
KUALA LUMPUR (May 6): Practice Note 17 (PN17) company Ireka Corp Bhd said its wholly-owned Ireka Dev...
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Niche Capital aims to raise RM18.7m via private placement to fund mining business
KUALA LUMPUR (May 6): Loss-making Niche Capital Emas Holdings Bhd has proposed to undertake a privat...
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Ministry launches initiative to spur adoption of solar energy in homes
SHAH ALAM: The Ministry of Energy Transition and Water Transformation (Petra) has come up with the a...
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DSA & Natsec Asia 2024’s economic impact estimated at RM700 mil, says exhibitions chairman
KUALA LUMPUR (May 6): The Defence Services Asia (DSA) 2024 and National Security (Natsec) Asia 2024 ...
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Ho Hup's Flex project to be suspended, buyers refunded as Exsim buys land for RM110m
KUALA LUMPUR (May 6): Ho Hup Construction Co Bhd’s RM1 billion mixed development project in Bukit Ja...
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Perodua eyes 79% jump in exports this year as it introduces more models in Brunei
KUALA LUMPUR (May 6): National carmaker Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is targeting a 7...
Sentiment
RHB names Mohd Najman Isa as CEO of Islamic asset management unit
KUALA LUMPUR (May 6): RHB Bank Bhd said on Monday that it has appointed Mohd Najman Isa as the new c...
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The Edge owner trims stakes, ceases to be substantial shareholder in Star Media
KUALA LUMPUR (May 6): The Edge Communications Sdn Bhd and its owner Tan Sri Tong Kooi Ong have cease...
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Ministry introduces affordable programme to boost solar energy adoption in homes
SHAH ALAM (May 6): The Ministry of Energy Transition and Water Transformation (Petra) has come up wi...
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Favelle Favco wins four contracts worth RM39.2 mil
KUALA LUMPUR (May 6): Construction crane manufacturer Favelle Favco Bhd (FFB) has secured four contr...
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Steward Health files Chapter 11 as it seeks landlord funding
(May 6): Steward Health Care System LLC filed for bankruptcy early on Monday as it’s finalising a re...
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KKB Engineering secures contracts worth RM37.9 mil
KUALA LUMPUR (May 6): Steel fabrication company KKB Engineering Bhd said on Monday that it has secur...
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Bursa Malaysia to hold flagship investment fair in Kota Kinabalu
PETALING JAYA: Bursa Malaysia Bhd will host its flagship Bursa Marketplace Fair 2024 at Suria Sabah ...
Sentiment
Sin-Kung IPO shares oversubscribed by 26.5 times ahead of ACE Market listing
KUALA LUMPUR (May 6): Logistic services provider Sin-Kung Logistics Bhd, which is set to be listed o...
Sentiment
Bursa Malaysia opens higher on positive Wall Street cue
KUALA LUMPUR: Bursa Malaysia trended higher in early trade on Monday, tracking the positive cue from...
Sentiment
Gamuda Land’s Quayside Mall in Kota Kemuning welcomes new tenants; Quayside Tower gets an international school
KUALA LUMPUR (May 6): Gamuda Land, the property arm of Gamuda Bhd, welcomed new tenants to its Quays...
Sentiment
Riyadh Air teases follow-up aircraft orders ahead of 2025 debut
(May 6): Riyadh Air plans to expand its fleet with additional aircraft orders following its initial ...
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Sale of crown jewel alone won’t revive Sapura Energy
This article first appeared in The Edge Malaysia Weekly on April 29, 2024 - May 5, 2024 THE long-awa...
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Atos gets buyout offers from billionaire Kretinsky, OnePoint
(May 6): Embattled French tech company Atos SE has received offers to help bail out the company that...
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The State of the Nation: No pressure for Malaysia to follow suit after Indonesia’s surprise rate hike, economists say
This article first appeared in The Edge Malaysia Weekly on April 29, 2024 - May 5, 2024 ALTHOUGH Ind...
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More work lies ahead for PN17 Capital A, say analysts
This article first appeared in The Edge Malaysia Weekly on April 29, 2024 - May 5, 2024 AFTER much a...
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AirAsia X-Capital A merger set to transform air travel again, says Fernandes
This article first appeared in The Edge Malaysia Weekly on April 29, 2024 - May 5, 2024 AFTER more t...
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Red Sea disruption cuts 2Q capacity by 15%-20%, Maersk says
COPENHAGEN (May 6): The disruption to container shipping traffic in the Red Sea is expected to reduc...
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Local institutions give market a lift amid foreign selling
This article first appeared in Capital, The Edge Malaysia Weekly on April 29, 2024 - May 5, 2024 HAV...
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Inta, SNS, Harbour, Marco, Fiamma, SAM
KUALA LUMPUR (May 6): theedgemalaysia.com highlighted one stock with positive momentum and five sto...
Sentiment
Proton records sales of 11,025 units in April, higher by 17.1% y-o-y
KUALA LUMPUR (May 6): Proton Holdings Bhd reported on Monday its car sales rose by 17.1% to 11,025 v...
Sentiment
NCT inks deal to integrate 4G and 5G networks at NCT Smart Industrial Park
KUALA LUMPUR (May 6): NCT Group of Companies has signed memorandums of understanding (MOUs) with SMA...
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Analysts raise SLP Resources earnings forecasts, TPs after strong 1Q performance
KUALA LUMPUR (May 6): Analysts have raised their earnings forecasts and target prices (TPs) for plas...
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Maybank IB joins coverage of SAM Engineering with counter-consensus ‘buy’ call
KUALA LUMPUR (May 6): Maybank Investment Bank (Maybank IB) on Monday began coverage of SAM Engineeri...
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Anwar scheduled to have an online meeting with Google on Monday
PUTRAJAYA (May 6): Prime Minister Datuk Seri Anwar Ibrahim will be having an online meeting with tec...
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Qantas settles ‘ghost flight’ lawsuit as cleanup costs mount
(May 6): Qantas Airways Ltd will pay a A$100 million (RM313.78 million) penalty and compensate passe...
Sentiment
F&N surges to five-year high
KUALA LUMPUR (May 6): Shares of Fraser & Neave Holdings Bhd (F&N) surged to their highest in five ye...
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Phillip Capital starts coverage on T7 Global, target price 68 sen
KUALA LUMPUR (May 6): Phillip Capital has initiated coverage on T7 Global Bhd with a “buy” rating at...
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National roadmap positions Malaysia as global leader in AI technology: Kone
PETALING JAYA: The National Artificial Intelligence Roadmap (AI Roadmap) positions Malaysia as a glo...
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EQT to buy tech consultant Perficient in US$3 billion deal
(May 6): EQT AB agreed to buy technology consultant Perficient Inc. in a deal valued at about US$3 b...
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DNB teams up with Ericsson to catalyse digitalisation of enterprises in Malaysia
PETALING JAYA: Digital Nasional Bhd (DNB) and Ericsson have initiated a programme to catalyse the di...
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MJets Air to provide chartered freight services for Teleport Malaysia
PETALING JAYA: MJets Air Sdn Bhd, formerly known as M Jets International Sdn Bhd, the commercial air...
Sentiment
Paytm appoints new executives as COO resigns
(May 5): Paytm appointed new business executives as the troubled fintech firm’s chief operating offi...
Sentiment
Developing community living sustainably
KUALA LUMPUR (May 5): In the May 6 issues of City & Country, the cover story features Eastern & Orie...
Daily Sentiments
41 News articles
21
Positive
15
Neutral
5
Negative
41 News articles
Positive
21
Neutral
15
Negative
5