Kenanga: Banks Remain Attractive Amid Economic Growth, OPR Steady At 3 Pct
KUALA LUMPUR, Kenanga Investment Bank Bhd anticipates that investors will continue to focus on the banking sector, which remains attractive amidst improving economic conditions.
However, from a longer-term perspective, the investment bank suggests t…
IHH Healthcare’s Pantai Holdings To Acquire Island Hospital For RM3.92 Bln
KUALA LUMPUR, IHH Healthcare Bhd’s (IHH) indirect wholly-owned subsidiary, Pantai Holdings Sdn Bhd has entered into a sale and purchase agreement with Comprehensive Care Sdn Bhd to acquire 100 per cent interest in Island Hospital Sdn Bhd for RM3.92 b…
Strong Technical Results Propel Global Reinsurers Momentum – AM Best
KUALA LUMPUR, Global credit rating agency, AM Best in its latest research on the global reinsurance industry highlights the segment’s strong technical results amid an ongoing shift to the International Financial Reporting Standards (IFRS) 17 reportin…
UEM Sunrise Calls For Builders To Be More Innovative In Addressing Sustainable Living
KUALA LUMPUR, Leading property developer UEM Sunrise Bhd has urged stakeholders in the property industry to utilise technology to make sustainability a priority when building communities.
The call for innovation is to ensure communities continue to …
PBH Asset Management Awarded Three-year Pan Borneo Highway Maintenance Contract
KUALA LUMPUR, A three-year contract valued at RM69,248,876.40 for the maintenance of Sarawak’s Pan Borneo Federal Highway (LPB) has been awarded to PBH Asset Management Sdn Bhd.
The Ministry of Works (KKR) announced in a statement that the Letter of…
Petronas Urges Agility, Resilience In OGSE Sector To Drive Nation-building Efforts
KUALA LUMPUR, The players in the oil and gas services and equipment (OGSE) industry must remain agile and resilient to thrive in the constantly evolving industry landscape and effectively contribute to nation-building.
Petronas senior vice president…
CIMB Securities Sees Higher Earnings From FBM KLCI Component Stocks
KUALA LUMPUR, CIMB Securities Sdn Bhd has revised its FBM KLCI (component stocks) earnings forecast, projecting a 13 per cent growth for 2024 and 8.6 per cent in 2025, up from previous estimates of 11.2 per cent and 8.2 per cent respectively.
This u…