KUALA LUMPUR (June 8): The ringgit would not hit the 5.0 level against the US dollar because Malaysia is not experiencing any form of crisis.

Bank Negara Malaysia (BNM) assistant governor (AG) Adnan Mohamad Zahid said the central bank does not see any concerning trends or speculative pr...

Ringgit will not hit RM5 against US dollar, says BNM assistant governor

KUALA LUMPUR (June 8): Victoria Capital Sdn Bhd has ceased to be a substantial shareholder of Borneo Oil Bhd after disposing of 473.19 million shares or a 4.37% stake in the group.

The sale took place on Wednesday (June 7), said Borneo Oil — whose core business is its chain of fast food...

Victoria Capital ceases to be substantial shareholder of Borneo Oil

Demonstrating Continued Growth And Success As The Leader Of Construction Tech.

SIBS Secures Multi-Billion Ringgit Modular Apartment Building Project To NEOM, Saudi Arabia.

MSM Malaysia Holdings Bhd said it is more optimistic about returning to profitability in 2023 by growing its export footprint, but emphasised the need for more structural changes in how refined and coarse sugar prices are determined.

MSM hopeful of returning to the black in 2023, but says sugar pricing needs more structural changes

The ringgit closed lower against the US dollar on Thursday (June 8) as investors were reluctant to take a position ahead of the US Federal Reserve's (Fed) policy meeting.

Ringgit ends lower against US dollar on weak demand

Sentral Real Estate Investment Trust (Sentral REIT) plans to acquire 27-storey Menara CelcomDigi in Petaling Jaya from Malaysian Resources Corp Bhd (MRCB).

In a bourse filing, Sentral REIT said its management company, Sentral REIT Management Sdn Bhd, has accepted a letter of intent issued by MRCB to commence negotiations for the proposed acquisition.

Sentral REIT plans to acquire Menara CelcomDigi from MRCB

The government has renewed PBA Holdings Bhd’s water supply licence in Penang for another three years.

PBA secures three-year renewal of Penang water licence

Borneo Oil Bhd has announced that chairman Tan Kok Chor has been redesignated as non executive director effective immediately, in a bourse filing on Thursday.

Tan, aged 73, was appointed to the board of Borneo Oil on Aug 21, 2001 and continues to sit as a member of the audit, nomination and remuneration committees.

Borneo Oil chairman Tan Kok Chor redesignated as non-executive director

Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah on Thursday (June 8) granted an audience to Indonesian President Joko Widodo (Jokowi) at Istana Negara.

Agong grants audience to Jokowi

Dayang Enterprise Holdings Bhd’s (DEHB) unit was awarded a contract for the provision of integrated hook-up and commissioning (iHUC) services from a unit of Petroliam Nasional Bhd (Petronas).

Dayang Enterprise clinches one-year iHUC services contract from Petronas

Jocelyn Chia, a comedian from Singapore who belittled Malaysia by joking about flight MH370 in a comedy show in New York recently, was widely condemned in Parliament on Thursday (June 8).

Comedian's joke about MH370 slammed in Dewan Rakyat

Bursa Malaysia closed lower on Thursday (June 8) for the second consecutive day, as selling pressure persisted, mainly on telecommunications and commodity related stocks.

Bursa ends lower for second day

Investigations are underway to determine the cause of the fire that razed 13 shipping containers belonging to Northport (Malaysia) Bhd near Jalan Pelabuhan Utara, Port Klang.

Transport Minister Anthony Loke Siew Fook said the investigations by the Port Klang Authority and Northport are ongoing, and will involve all aspects, including false declarations.

Probe underway to find cause of blaze razing Northport's containers at Port Klang, says Loke

KUALA LUMPUR (June 8): Sunway Bhd plans to work with UOB Malaysia Bhd to achieve their shared mission to achieve net zero carbon emission by 2050 by leveraging on each other’s strengths and expertise to integrate sustainable financing solutions, infrastructure and technologies into various business divisions across Sunway’s ecosystems.

Malaysia

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