KUALA LUMPUR: JF Apex Research expects Berjaya Corp Bhd, AMMB Holdings Bhd, Ekovest Bhd, Kelington

Ekovest Bhd is teaming up with Zhejiang Communications Investment Group Co Ltd( CICO), the largest

, Bina Darulaman, Ekovest and MyEG following their corporate announcements, JF Apex Research said

PETALING JAYA: It is back to the drawing board for the mammoth multi-billion ringgit Bandar Malaysia project, which experts believe will be resuscitated at a later date. The property project, which was first introduced in 2015, was once shelved by the government back in 2017 after it was abruptly terminated.On Wednesday, the Finance Ministry( MoF) and IWH-CREC Sdn Bhd( ICSB) mutually agreed to terminate the deal for the latter to buy a 60% stake in the Bandar Malaysia project that is located in

KUALA LUMPUR: Malaysia's benchmark stock index climbed on Monday as China defied expectations of an interest rate cut but injected fresh funds into the banking system.At 12. 30pm, the FBM KLCI was up 8.67 points to 1, 496.01 while the overall market was positive with 463 gainers compared to 417 decliners. Trading over the morning sessions saw 2.94 billion shares exchanging hands for RM1. 55bil. Blue chips saw active trading with Genting rising six sen to RM4.76 and Gneting Malaysia rising three

KUALA LUMPUR: The volatility in the domestic market in the previous session could continue ahead of the much-anticipated US personal consumption expenditure( PCE) report, which will offer more clues as to the direction of US interest rates. Apex Securities Research said it is expecting the downside to prevail as the PCE, the US Federal Reserve's preferred measure of inflation, is scheduled for release tonight." Still, we view the current pullback to be healthy which allows recent gains to be dig

KUALA LUMPUR: No systemic risk is expected to spread to the wider market following the recent selldown in several small-capitalised stocks on Bursa Malaysia. After the dust had settled from the whirlwind market movements last week, which took many by surprise, market sources said the selldown was first triggered following actions by a financial institution to revoke financing lines for an influential market participant. This had subsequently cascaded into a domino effect upon other similar small

Seen as a more capital market-friendly option, its success could provide a blueprint for the renegotiations of other highway operators. Credit Suisse Equity Research says the proposal is feasible for other listed urban tollways that are already operational.... This could be a bit more tricky and often “ politically charged.” PLUS is 51% owned by UEM Group Bhd, which in turn is a unit of the government’s sovereign wealth fund, Khazanah Nasional. The Employees Provident Fund( EPF) holds the remai