BusinessToday's Trending Stories
AGX Group Targets RM33.76 Million From IPO Exercise
AGX Group Berhad lhas announced its Initial Public Offering prospectus in conjunction with its listing on the ACE Market of Bursa Malaysia Securities Berhad.
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Bursa Transforms Into Multi Asset Exchange, Launches New Logo
Bursa Malaysia Berhad has launched of a new product offering and several solutions including a new app for gold as an investment asset (Bursa Gold Dinar); a new Customer Portal (MyBURSA); and a new platform to connect investors directly with dealer representatives called Bursa Reach.
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Kerjaya On A Roll, Secures RM111 Million Contract For KL Project
Kerjaya Prospek is on a roll after securing 3 mega jobs in Penang, the construction company informs that it has secured the Kampung Bandar project worth RM111.7 million.
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Govt Exempts Imposition Of Capital Gains Tax, Taxes On Foreign-Sourced Income On Unit Trusts: Finance Minister II
In line with international best practices and to expand the tax base, the Government introduced the Capital Gains Tax (CGT) in Budget 2024.
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Seven Consortiums Vie For RM100 Billion KL-Singapore HSR Project, Results In 3 Months
The highly lucrative RM100 billion Kuala Lumpur-Singapore High-Speed Rail (HSR) project now sees seven local and international consortiums submitting their Request for Information (RFI) proposals in time.
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Government Launches “AI for the People” Program To Bridge Digital Literacy Gap
Malaysia Minister of Economy, Rafizi Ramli officially launched the “AI for the People” program at Dewan Besar, UPM Serdang, Selangor, marking a significant step toward bridging the digital literacy gap in Malaysia. The launch event, attended by distinguished figures including Prime Minister YAB Dato’ Seri Anwar bin Ibrahim, highlighted the program’s importance in ushering Malaysians into a new technological era.
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Gentle Monster Announces The Debut Of ‘GENTLE JELLY’ Eyewear Collection
Leading the way in innovative eyewear design, Gentle Monster announced the launch of its much-anticipated ‘GENTLE JELLY’ collection. The new collection set to redefine eyewear aesthetics, introducing a fusion of ‘jelly’ details, sleek wrap-around silhouettes, and an expanded spectrum of colorways, embodying the brand’s commitment to pushing the boundaries of style.
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Raising Awareness On Renewable Energy
In response to the imperative for increased adoption of renewable energy and the government’s ambitious targets of achieving 40% renewable energy capacity by 2040 and 70% by 2050, the Malaysian Photovoltaic Industry Association (MPIA) has launched the MPIA Solar Roadshow 2024.
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Scoot’s Exclusive Sale Fares To Over 55 Destinations, Including China And Beyond
For a limited time, Scoot Pte Lt (Scoot), a Singaporean low-cost airline and a wholly owned subsidiary of Singapore Airlines offered exclusive sale fares with unbeatable prices to over 55 thrilling destinations.
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Rubber Gloves – Checks Reveal Recovery Still Looks Distant, CGSCIMB Deems Sector Underweight
Sales volume could recover by c.15% yoy in 2024F
CGSCIMB recently hosted Hartalega at their Malaysia Corporate Day 2024 and subsequently spoke to other industry players. Their findings suggest local glovemakers are seeing a gradual recovery in sales volume in 2024F, following a 45-50% aggregate volume decline in 2021-23 among the Big 4 (Hartalega, Top Glove, Kossan & Supermax).
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