RLEB gets Bursa nod for new shares
KUCHING: Reservoir Link Energy Bhd (RLEB) has received the green light from Bursa Securities on the listing and quotation of about 18.69 million new company sales which will be issued as part payment for the proposed acquisition of the remaining 70 per cent equity interest in Propel Maxflo Sdn Bhd. Wholly-owned subsidiary Reservoir Link Sdn […]
MARA aims to list 3 Bumiputera companies on Bursa Malaysia in 2026
KUALA LUMPUR: Majlis Amanah Rakyat (MARA) aims to have three Bumiputera companies listed on Bursa Malaysia next year, said Deputy Minister of Rural and Regional Development, Datuk Rubiah Wang. She said this was in line with the Bumiputera Economic Transformation Plan 2035 (PuTERA35) initiative, which, among other things, seeks to identify and strengthen high-potential Bumiputera companies for […]
More local companies explore Bursa Malaysia to raise funds
KUCHING: Public listings from Sarawak and Sabah are picking up pace, with Bursa Malaysia confident the momentum will not only continue but strengthen in the years ahead. Bursa Malaysia Listing Development’s Executive Vice-President, Lee Kuan Teck, noted that Sarawak in particular is seeing stronger attention from banks and entrepreneurs, with Affin Bank re-establishing a presence […]
Petronas Gas net profit slips to RM450m in 2Q 2025
KUALA LUMPUR: Petronas Gas Bhd’s (PGB) net profit fell to RM450.19 million in second quarter ended June 30, 2025 (2Q 2025) from RM468.99 million a year ago. In a filing to Bursa Malaysia today, it said gross profit declined by 4.6 per cent to RM569.24 million in 2Q 2025 due to tighter margins recorded at […]
WTK reports lower log production
KUCHING: WTK Holdings Bhd has reported sharply lower log production to 47,486 cubic metres (cu m) in the April-June 2025 quarter (2Q2025), down 42,330 cu m (-47%) from 89,816 cu m in 2Q2024. As compared to 47,735 cu m recorded in 1Q2025, the decline was merely nine per cent in the current quarter under review. […]
Bursa Malaysia closes for Nuzul Al-Quran public holiday
KUCHING: Bursa Malaysia Bhd and its subsidiaries will be closed on March 18 (Tuesday) in observance of the Nuzul Al-Quran public holiday. According to its statement, the stock exchange and its subsidiaries will resume normal operations on March 19 (Wednesday). However, Bursa Malaysia has announced that the Bursa Gold Dinar primary marketplace and Bursa Suq […]
Bursa Malaysia seeks public feedback on proposed amendments to depository rules
KUCHING: Bursa Malaysia Berhad (the Exchange) has issued a consultation paper seeking public feedback on the proposed amendments to the Rules of Bursa Malaysia Depository Sdn Bhd (Depository). In a statement, the Exchange said that these amendments aim to facilitate Bursa Malaysia’s move towards embracing further digitisation in the issuance of securities account statements to […]
Jati Tinggi shares on a high after solar power MoU with Public Bank
KUALA LUMPUR: Jati Tinggi Group Bhd (JTGroup) emerged as one of the most active stocks on Bursa Malaysia today after it entered into a memorandum of understanding (MoU) with Public Bank Bhd to install a photovoltaic (PV) solar panel system for the banking group. The MOU was done via its wholly-owned subsidiary Jati Tinggi Holding […]
Bursa bullish on Sarawak potential in capital market
KUCHING: Sarawak has 95 public listed companies in the Malaysian capital market, boasting a collective market capitalisation of RM301 billion. In stating this, Bursa Malaysia chairman Tan Sri Abdul Wahid Omar pointed out that in terms of investor engagement, Sarawak recorded nearly 84,000 CDS (Central Depository System) account holders, accounting for 3.6 per cent of […]
Learn, network and invest at Bursa Fair
KUCHING: The Bursa Marketplace Fair Sarawak 2024 is set to boost financial literacy and investment skills in Sarawak, with sessions designed for both new and seasoned investors led by industry experts. Hosted by Bursa Malaysia, the event will run from Nov 9 to 10 at Vivacity Megamall’s Centre Atrium under the theme, “Invest Today, Powering […]