BusinessToday's Trending Stories
Breaking: Najib Pardoned Yesterday?
Former Prime Minister Datuk Seri Najib Abdul Razak, who was imprisoned on a graft-related conviction, is said to have been pardoned by the Pardons Board yesterday, a local Malay Daily reported, citing confirmation by a source on the matter.
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Consumer Products – Cautious Sentiment Until More Clarity Emerges: RHB
Investor sentiment on the Consumer Products sector should remain muted until there is more clarity on the impact of the subsidy rationalisation.
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Principal Chooses AWS As Preferred Cloud Partner For Enhanced Digital Transformation And Customer Experience
Principal Malaysia (Principal), a key player in the financial services industry and a joint venture between Principal Financial Group and CIMB Group Holdings Berhad, has made significant strides in its digital transformation journey by choosing Amazon Web Services (AWS) as its preferred cloud provider. This strategic move aims to revolutionise customer experiences, marking Principal as a pioneer in full-scale data center migration to AWS cloud in Malaysia and ASEAN.
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IPO: HE Group Berhad Rises 0.28sen From Opener On Ace Market Debut
Electrical engineering service provider, HE Group Berhad (HE Group) has successfully debuted on ACE Market of Bursa Malaysia Securities Berhad today (Jan 30). At the opening bell, HE Group’s share price opened at 43 sen, representing a premium of 53.57% over the issue price of 28 sen, with an opening volume of 9,817,200 shares.
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Sunway REIT Buys Up 163 Retail Park For RM215 Million
The manager of Sunway Real Estate Investment Trust (SunREIT) has announced that it has acquired 163 Retail Park in Mont Kiara, Kuala Lumpur, for RM215mil.
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NETR Is Gaining Momentum
The government announced 2.8GW of new RE quotas – the largest to-date, demonstrating the country’s commitment to the NETR. The planned 400MWh BESS project to strengthen the grid network further underscores Tenaga’s role as a critical enabler of the NETR.
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Bursa Malaysia Poised To Add To Its Winnings
Bursa Malaysia has moved higher in six straight sessions, collecting more than 35 points or 2.1 percent along the way.
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Stock Picks Of The Day — Bursa Malaysia, Muhibbah Engineering, MK Land Holdings, ITMAX System
Bursa Malaysia is set to trend higher amid a breakout above the MYR7.40 resistance on a surge in trading volume yesterday – charting “higher highs” above the breakout point.
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Oil Prices Drop As China Demand Concerns Counter Supply Jitters
Oil prices fell more than a dollar a barrel on Monday (Jan 29) as China’s ailing property sector sparked demand worries, causing traders to reassess the supply risk premium from escalating tensions in the Middle East.
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Toyota Urges Immediate Recall Repairs For 50,000 US Vehicles Over Potentially Deadly Airbag Defect
In a safety advisory issued yesterday, Toyota Motor urged the owners of around 50,000 older vehicles in the United States to undergo immediate recall repairs, warning that a faulty airbag inflator could explode, posing a severe risk to motorists.
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