<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 24): Eita Resources Bhd secured a sub-contract worth RM14.46 million to supply and install lift systems for a 68-storey office building.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, Eita said its wholly-owned subsidiary EITA Elevator (M) Sdn Bhd received a letter of award from Synergy Promenade Sdn Bhd to supply and install 18 units of lifts for the said building located on Jalan Perumahan Gurney in Kuala Lumpur.</p></div>

<div class=newsTextDataWrapInner><p>Eita said it expects to complete the sub-contract by Sept 9, 2019.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Eita’s shares was not traded today, and remained unchanged at RM1.70, valuing it at RM220.99 million.</p></div>


KUALA LUMPUR (Nov 24): Eita Resources Bhd secured a sub-contract worth RM14.46 million to supply and install lift systems for a 68-storey office building.

In a filing with Bursa Malaysia, Eita said its wholly-owned subsidiary EITA Elevator (M) Sdn Bhd received a letter of award from Syn...

Eita Resources gets RM14 million sub-contract to supply 18 lift units

Malaysia and Peru have reiterated their strong commitment to multilateralism, with the United Nations at its core, and shared similar views on the importance of strengthening multilateral institutions to address global and regional challenges.

Malaysia, Peru commit to multilateralism to address global, regional challenges

MISC Bhd (KL:MISC) said on Thursday its net profit fell in the third quarter, dragged by lower charter rates for its natural gas carriers and higher vessel operating costs, as it flagged a tough outlook for its key business.

MISC 3Q net profit falls 21%, flags tough LNG shipping outlook

SINGAPORE (Nov 14): The Malaysian Home Ministry has selected a single (digital) application to facilitate immigration procedures for Malaysians at the Sultan Iskandar Building (BSI) and the Sultan Abu Bakar Complex (KSAB) in Johor, for entry and exit to Singapore, said Home Minister Datuk Seri Saifuddin Nasution Ismail.

Saifuddin Nasution: Home Ministry finalises app for Singapore entry and exit

AS the sixth largest of Malaysia’s eight domestic banking groups in terms of assets, AMMB Holdings Bhd (AmBank Group) (KL:AMBANK) is considered a mid-sized lender.

Its relatively smaller size, and the fact that there is often talk that its key shareholder — founder Tan Sri Azman Hashim ...

Cover Story: Analysts not ruling out possibility of M&A at AmBank 

The Institute for Democracy and Economic Affairs (IDEAS) has called for reforms in Malaysia’s Government-Linked Companies (GLCs) and Government-Linked Investment Companies (GLICs).

IDEAS calls for reforms of Malaysia's GLC and GLICs for greater transparency

KUALA LUMPUR (Nov 14): Malaysian banks are expected to see credit growth improving to 6% in 2025, benefitting from higher economic growth and an increase in corporate demand led by key infrastructure projects, according to S&P Global.

S&P sees Malaysian banks' credit growth rising to 6% on higher loan demand in 2025

KUALA LUMPUR (Nov 14): theedgemalaysia.com highlighted two stocks with positive momentum and one stock with negative momentum at Bursa Malaysia’s afternoon close on Thursday.

Stocks with momentum on Nov 14, 2024: United Plantations, Southern Cable, Classita Holdings

WITH a new chief on board, AMMB Holdings Bhd (AmBank Group) (KL:AMBANK), the country’s sixth largest of eight domestic banking groups, has been busy putting into action a five-year strategic plan, in which delivering better returns to shareholders is one of its key goals.

Jamie Ling, wh...

Cover Story: AmBank off to a good start in its new leg of growth

The Malaysian Automotive Association (MAA) expects the country’s total car sales volume to potentially reach 800,000 units this year, driven by strong year-end promotions and robust demand for national car models.

Car sales in Malaysia could hit 800,000 units this year, says MAA

BAKU, Azerbaijan (Nov 14): Malaysia’s participation in the 29th Conference of Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) is timely to bolster its sustainability foothold, as the country assumes the Asean chair next year.

Malaysia sets bold climate agenda at COP29, paves way for Asean’s sustainable future

<p>South Dakota Senator John Thune, a longtime deputy of Mitch McConnell and an advocate of free trade, won election to lead the Republican Senate majority next year, setting up potential conflicts with President-elect Donald Trump over tariffs and Ukraine aid.</p>


Senate GOP elects Thune as leader, rejecting Musk’s pick

<p>The Thai baht is poised to become one of the most vulnerable emerging market Asian currencies as Donald Trump returns to the White House, given the country’s heavy reliance on trade.</p>


Thai baht most vulnerable in emerging Asia to Trump second term

<p>KUALA LUMPUR (Nov 14): Shares of Johor Plantations Group Bhd (KL:JPG) rebounded on Thursday, as stronger-than-expected results lifted investors’ mood, while analysts anticipate further improvements with rising palm oil prices.</p>


Johor Plantations’ shares rebound, analysts scramble to raise estimates after strong 3Q

<p>KUALA LUMPUR (Nov 13): The government is allocating RM7.063 billion as a capital injection to finance the financial commitments of the companies of the Minister of Finance Incorporated (MOF Inc), said Finance Minister II Datuk Seri Amir Hamzah Azizan on Wednesday.</p>


Govt allocates RM7.06b capital injection to finance firms under MOF Inc

<p>Shares of VSTECS Bhd (KL:VSTECS) rose on Thursday after the electronics products distributor reported a surge in quarterly net profit on the back of record-high revenue.</p>


VSTECS shares rally 13% after surge in profit, record revenue

<p>LIMA, Peru (Nov 13): Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim on Wednesday stressed the importance of strengthening ties with the Global South, highlighting the vast untapped potential and emerging opportunities in this region.</p>

<p>“It’s crucial to shift course slightly and enhanc...

Anwar launches Yinson’s solar park in Peru, calls for robust collab to tap new Global South potentials

<p>Republicans held on to their narrow majority in the US House, giving Donald Trump and his party unified control of the elected branches of government and limiting potential curbs on the incoming president’s power.</p>


Trump wins Republican trifecta as GOP retains house majority

<p>KUALA LUMPUR (Nov 14): Shares of Swift Haulage Bhd (KL:SWIFT) fell to their 13-month low on Thursday, after the logistics firm reported weaker-than-expected results.</p>


Swift Haulage shares fall to 13-month low after weaker than expected results

<p>Canadian Deputy Prime Minister Chrystia Freeland said American concerns about Mexico’s trade policy not being in line with its North American allies on China are “legitimate,” and she shares them.</p>


Canada agrees with US concerns about Mexico’s trade with China

<p>US President-elect Donald Trump chose loyalists with little experience for several key cabinet positions on Wednesday, stunning some allies and making clear that he is serious about reshaping - and in some cases testing - America's institutions.</p>


Trump taps loyalists with few qualifications for top jobs

<p>LIMA, Peru (Nov 13): Malaysia hopes to contribute to the infrastructure development in Chancay Port, located around 80km north of Peru’s capital&nbsp;Lima, Prime Minister&nbsp;Datuk Seri Anwar Ibrahim said on Wednesday.</p>


Anwar: Malaysia hopes to contribute to infrastructure development in Peru’s new Chancay Port 

<p>China’s economy likely gained momentum last month, with&nbsp;early indicators&nbsp;pointing to a rebound after the government began rolling out stimulus measures in late September.</p>


China’s economy forecast to show modest pick-up after stimulus

<p>MISC Bhd (KL:MISC) said on Thursday its net profit fell in the third quarter, dragged by lower charter rates for its natural gas carriers and higher vessel operating costs, as it flagged a tough outlook for its key business.</p>


<p>New solicitors will represent Muhammed Yusoff Rawther in his sexual assault suit against Prime Minister Datuk Seri Anwar Ibrahim.</p>


New solicitors for Anwar's ex-aide Yusoff Rawther, who is suing PM for sexual assault

<p>KUALA LUMPUR (Nov 14): Methods to end bullying at Universiti Pertahanan Nasional Malaysia (UPNM) and the reasons behind FashionValet Sdn Bhd (FV) investment failure&nbsp;by Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) will be among highlights of the Dewan Rakyat sitting on Thursday.</p>


Bullying at Universiti Pertahanan Nasional Malaysia, FashionValet investment failure among focus of Dewan Rakyat on Thursday

<p>Ice cream brand Ben &amp; Jerry's said in a lawsuit filed Wednesday that parent company Unilever has silenced its attempts to express support for Palestinian refugees, and threatened to dismantle its board and sue its members over the issue.</p>


Ben & Jerry's says parent Unilever silenced it over Gaza stance

<p>Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated US bond yields rose alongside the dollar as investors assessed the monetary policy and inflation outlook in the world's largest economy.</p>


Asian shares wobble on China angst; long-end US bond yields rise with dollar

<p>KUALA LUMPUR (Nov 14): The Ministry of Finance (MOF) said on Thursday sovereign wealth fund Khazanah Nasional Bhd will continue to fund start-ups despite&nbsp;losses from its investment&nbsp;in&nbsp;e-commerce platform FashionValet Sdn Bhd.&nbsp;</p>


MOF: Khazanah to continue investing in start-ups despite FashionValet misadventure

<p>(Nov 14):&nbsp;Bitcoin spiked above US$93,000 (RM417,259) for a short period, as expectations of further interest-rate reductions by the US Federal Reserve (Fed) added to the impetus from President-elect Donald Trump’s pro-crypto stance.</p>


Bitcoin briefly tops US$93,000 on Trump agenda, Fed policy outlook

<p>IOI Corporation Bhd (KL:IOICORP) is expected to post a core net profit of between RM280 million and RM320 million for 1QFY2025, up from RM242 million in 4QFY2024, said CIMB Securities.</p>
