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Tag: Malaysia

Posted on April 16, 2024

Bursa Malaysia tumbles at open as inflation, Middle East tensions weigh

KUALA LUMPUR: A series of hot US inflation data and threat of escalating geopolitical conflict has taken the shine off global equities, sending Bursa Malaysia counters to the red as it opened for trading on Monday. The FBM KLCI’s opening mirrored the …
Posted on April 16, 2024

Forbes Malaysia’s 50 Richest in 2024: 100-year-old tycoon Robert Kuok still on top

SINGAPORE — Malaysia business mogul Robert Kuok retains top spot on the Forbes Malaysia’s 50 Richest list released on Tuesday (16 April), while brothers Lee Yeow Chor and Yeow Seng from the IOI group …
Posted on April 16, 2024

Forbes Malaysia’s 50 Richest in 2024: 100-year-old tycoon Robert Kuok still on top

SINGAPORE — Malaysia business mogul Robert Kuok retains top spot on the Forbes Malaysia’s 50 Richest list released on Tuesday (16 April), while brothers Lee Yeow Chor and Yeow Seng from the IOI group …
Posted on April 16, 2024

Bursa Malaysia works with UK’s Mobilist programme to address funding gap and achieve UN SDGs

Bursa Malaysia CEO Muhamad Umar Swift (front, left) and Palladium Group MD Steven Van Weede (front, right) sign the MOU, witnessed by (back row, left-right) Bursa Malaysia chairman Tan Sri Abdul Wahid …
Posted on April 16, 2024

Genting Malaysia Berhad’s (KLSE:GENM) largest shareholders are public companies with 49% ownership, individual investors own 36%

Hedge funds don’t have many shares in Genting Malaysia Berhad. Genting Berhad is currently the company’s largest shareholder with 49% of shares outstanding. The second and third largest shareholders …
Posted on April 15, 2024

Malaysia’s Property Tycoons Make A Mint With Affordable Homes, Overseas Expansion

With demand for homes rising across the region, Malaysia’s property tycoons are doubling down on new projects.

( read original story …)



Posted on April 15, 2024

Malaysia’s 50 Richest 2024: Some Tycoons Hit The Jackpot In A Year Of Moderate Growth

A declining ringgit offset a 9% rise in the stock market since we last measured the fortunes of Malaysia’s tycoons around 11 months ago. Consequently, the combined wealth of the nation’s 50 richest is …

( read original story …)



Posted on April 15, 2024

Bayan Lepas waterfront property wins prize

FIABCI Malaysia honoured Ideal Property Group’s Queens Residences (Q1) as the winner of its coveted Mid-Rise Residences award at the recent FIABCI Malaysia Property Award 2023.Q1, the first phase of …

( read original story …)



Posted on April 15, 2024

Telekom Malaysia Berhad’s (KLSE:TM) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Telekom Malaysia Berhad (KLSE:TM) has had a rough month with its share price down 6.6%. However, stock prices are usually driven by a company’s financial performance over the long term, which in this …
Posted on April 14, 2024

SC, Bursa Malaysia step up monitoring to ensure stability in market amid Middle East developments

The Securities Commission (SC) and Bursa Malaysia have increased market monitoring and surveillance to ensure activities in the Malaysian capital market remain stable, fair and orderly following the …

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