Datuk Muhammad Umar News Today

Bursa Malaysia has launched three new product offerings and solutions today, namely the Bursa Gold Dinar app for gold investment, the MyBURSA customer

KUCHING (Sept 5): The prospects of crude palm oil (CPO) production for Sarawak remain robust, as indicated by 1.7 million metric tonnes recorded in the first half of this year, says Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. This figure, he said, represented an increase of two per cen

The Transforming from Brown to Green: Stepping up Your Game to Attract Investors conference brought together over 100 industry leaders to discuss efforts in restoring value and investors to businesses.

KUALA LUMPUR (Jan 18): The Ministry of Transport (MOT) and the CEO Action Network (CAN) organised the MOT-CAN Sustainability Orientation programme to discuss and raise awareness among stakeholders of the land, maritime and aviation transport industries on environmental, social and governance (ESG) principles.

KUALA LUMPUR: Bursa Malaysia has launched an interactive fund information platform to provide the investing public with comprehensive information on unit trusts and wholesale funds.

Bursa Malaysia Berhad or (“Bursa Malaysia” or the “Exchange”) and the London Stock Exchange Group (“LSEG”), today signed a Memorandum of Understanding (“MoU”), to expand the ESG collaboration between the two exchanges as well as explore new areas of opportunity.

Despite the lacklustre stock market performance in the first half of the year, qualified companies have not been too discouraged from listing given that initial public offerings (IPOs) remain fairly numerous. But more encouraging has been the performance of some of the newcomers as a number of them have vastly outperformed the benchmark index.

Earnings per share rose to 15 sen from eight sen previously, its bourse filing showed. Meanwhile, the stock exchange operator’s quarterly revenue surged 54.08% to RM232.28 million against RM150.75 million, supported by higher trading revenue in the securities and Islamic market segments. Bursa Malaysia, however, did not declare any dividends for the quarter. On a quarter-on-quarter basis, the group’s operating revenue increased marginally by 0.68% from RM230.7 million due to increase in rev...

KUALA LUMPUR (Feb 2): Bursa Malaysia Bhd expects about 30 new listings this year, compared with 19 last year, said its CEO Datuk Muhamad Umar Swift. He added, however, that the projection may be affected by the impact of the movement control order (MCO 2.0) on corporate results. “I would encourage those seeking capital that this is the market to look at. But that may be tapered by results being impacted by MCO 2.0. “The question now is that are these companies in the right place to pursue a...

KUALA LUMPUR (Feb 2): After posting a record high quarterly net profit of RM121.94 million in the third quarter ended Sept 30, 2020 (3QFY20), Bursa Malaysia Bhd reported a net profit of RM104.85 million in 4QFY20, up 130% from RM45.56 million a year earlier. Quarterly revenue went up 78% to RM230.7 million from RM129.33 million in 4QFY19 as trading revenue grew significantly for the securities and derivatives markets segment, Bursa Malaysia said in a filing today.  Net profit for the full year...