Tan Xue Ying & Nazuin Zulaikha Kamarulzaman | The Edge Malaysia

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Tan Xue Ying & Nazuin Zulaikha Kamarulzaman

18 Dec 2019, 08:00 am

Recovery in commodity prices will support local bourse — MIDFKUALA LUMPUR: The New Year is expected to see the recovery in commodity prices with the crude palm oil (CPO) price to reach above RM2,400 and crude oil price to stay higher than US$60 (RM248.40). According to MIDF Investment Bank Bhd, the stronger CPO price and firm crude oil will help ...

By Tan Xue Ying & Nazuin Zulaikha Kamarulzaman / The Edge Financial Daily

18 Dec 2019, 08:00 am

17 Dec 2019, 08:00 am

KLCI seen at 1,680 by end-2020 — MIDFThe benchmark FBM KLCI is seen recovering from its current levels to hit 1,680 points by end-2020, supported mainly by domestic forces, said MIDF Investment Bank Bhd head of research Mohd Redza Abdul Rahman.

By Tan Xue Ying & Nazuin Zulaikha Kamarulzaman / theedgemarkets.com

17 Dec 2019, 08:00 am

17 Oct 2019, 08:00 am

Spring Art to use IPO proceeds for capacity expansionKUALA LUMPUR: Johor-based furniture player Spring Art Holdings Bhd, which is set to be listed on the ACE Market on Nov 8, will use the bulk of its initial public offering (IPO) proceeds to cater to rising demand for its products from the North American and European markets amid the US-China trade...

By Tan Xue Ying & Nazuin Zulaikha Kamarulzaman / The Edge Financial Daily

17 Oct 2019, 08:00 am

16 Oct 2019, 08:00 am

ACE Market-bound Spring Art to raise RM24m from IPO for new factoryACE Market-bound Johor-based furniture player Spring Art Holdings Bhd is aiming to raise RM24.42 million from its proposed listing to fund its expansion into the North American and European markets. The ready-to-assemble furniture products maker plans to use RM17.55 million or 71.9% of the proceeds raised from the initial public offering (IPO) to acquire new machinery for the setup of two additional production lines at its new manufacturing factory, Factory C, located 10km away from its two existing factories in Muar, Johor.

By Tan Xue Ying & Nazuin Zulaikha Kamarulzaman / theedgemarkets.com

16 Oct 2019, 08:00 am

20 Sep 2019, 08:00 am

Jomo: Not too late to cancel ECRLKUALA LUMPUR: Economist Professor Dr Jomo Kwame Sundaram said it is not too late to cancel the East Coast Rail Link (ECRL) project in the wake of the testimony by a key witness in the ongoing 1Malaysia Development Bhd (1MDB) trial that the megaproject was mooted to bail out 1MDB. He sai...

By Tan Xue Ying & Nazuin Zulaikha Kamarulzaman / The Edge Financial Daily

20 Sep 2019, 08:00 am

19 Sep 2019, 08:00 am

Reopen question of cancelling ECRL, Jomo tells govt after Amhari's statementProminent economist Professor Dr Jomo Kwame Sundaram has urged the federal government to reopen the question of cancelling the East Coast Rail Link (ECRL) mega infrastructure project, following 1Malaysia Development Bhd (1MDB)-Tanore trial key witness Datuk Amhari Efendi Nazaruddin's statements that the project was mooted to bail 1MDB out.

By Tan Xue Ying & Nazuin Zulaikha Kamarulzaman / theedgemarkets.com

19 Sep 2019, 08:00 am

Powerful quake in Southeast Asia kills several, 81 trapped in Bangkok building rubble

Genting says Nevada authorities have signed off settlement terms for Las Vegas complaint

Businessman who assaulted bodyguards for fasting sentenced to six years and 10 months' jail

Hi Mobility makes modest 9% gain on Main Market debut

Tesla’s US$14b rally eclipses rout in other auto stocks

UBS gets regulatory approval to fully own China securities joint venture

Powerful quake in Southeast Asia kills several, 81 trapped in Bangkok building rubble

SoftBank may pledge US$1 tril for AI effort in US — report

Software and systems developer NetX Holdings proposes RM200m share capital reduction

Slow-moving traffic on several major highways with motorist heading home for Raya holidays

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