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KUALA LUMPUR (March 13): Bursa Malaysia continued its downtrend to open broadly lower on Monday (March 13), as market participants kept close watch on any potential downside risk to the financial situation following the collapse of Silicon Valley Bank (SVB).
Bursa Malaysia rebounded on Tuesday (March 7) to end higher after the key index recorded two straight days of meagre losses as bargain-hunting activities emerged, amid the upbeat performance in most regional peers.
KUALA LUMPUR: Education services provider Minda Global Bhd, via its wholly-owned unit UOC Sdn Bhd (UOCSB) has proposed to acquire a freehold land measuring 174,461 square feet (sq ft) in Cyberjaya and the buildings erected thereon from Persada Mewah Sdn Bhd for RM180 million.
Core values: Lim believes in the 5 Wells, which is a big part of his life philosophy to do good, stay healthy and to better serve the society. LEVEL 9 of Top Glove Tower in Shah Alam houses a special VIP dining room, equipped with a large wall-mounted computer screen, where Tan Sri Dr Lim Wee Chai (LWC) normally takes lunch with his key senior managers. On April 20, I was invited to this room to meet Lim’s senior managers – led by Top Glove’s managing director Datuk Lee Kim Meow – after I conducted an interview with the self-made tycoon, whose wealth has ballooned with the emergence o...
KUALA LUMPUR (April 26): Bursa Malaysia extended last week's gains to open higher today, in line with positive sentiment on regional bourses, dealers said. At 9.22am, the FBM KLCI had risen 1.84 points to 1,610.27, compared with 1,608.43 at last Friday's close. The market bellwether opened 2.31 points higher at 1,610.74. Overall market breadth was positive with gainers leading losers at 384 to 279, while 363 counters were unchanged, 1,171 untraded and 41 others suspended. Total volume stood at 1.13 billion shares worth RM597.71 million. Malacca Securities, in a research note, opin...