BusinessToday's Trending Stories
Wentel Debuts With IPO Price On ACE Market
Wentel Engineering Holdings Berhad premiered as a public-listed company on the ACE Market of Bursa Malaysia Securities Berhad with the share price opening at RM0.26 equivalent to the initial public offering price.
Read the full article here.
Nat Geo Nominates Battersea Power Station In 20 “Best Cultural Spots” In The World
Nominated as one the 20 “Best Cultural Spots” around the globe by National Geographic’s BEST OF THE WORLD 2024, Battersea Power Station has been recognised for its exciting, meaningful and one-of-a-kind travel experiences, and was the only UK destination to feature on the culture list.
Read the full article here.
UEM Sunrise, Alliance Bank To Offer Additional 10% Loan Of Property Value
UEM Sunrise Berhad is collaborating with Alliance Bank Malaysia Berhad for the Alliance Home Complete programme where customers can get financing solution that offers flexibility by providing additional loan of up to 10% of the property value, or a maximum of RM150,000. An initiative the bank said is designed to empower homeowners to customise their living spaces for renovations and interior design, we ensure them to be ‘worry-free’ of initial cash outlay.
Read the full article here.
Engtex Could Expect Orders To Rise In 2H24F Following Water Tariff Hike
Engtex Group Bhd (Engtex) could expect a pick-up in pipe replacement orders in the second half of financial year 2024 (2H24F) or early financial year of 2025 (2025F) following the recent water tariff hike, according to CGS-CIMB.
Read the full article here.
Prudential Offers New Plans Under The EPF i-Lindung Initiative
In line with the recent announcement by the Employment Provident Fund on allowing members to access their Account 2 for use of insurance protection plan, Prudential is introducing four new solutions for the i-Lindung initiative.
Read the full article here.
Gambit Custody Appoints Melvyn Ho As Co-Founder
Digital asset company Gambit Custody has announced the appointment of Melvyn Ho as Co-founder and Chief Operating Officer.
Read the full article here.
Creating music on YouTube with AI-powered Dream Track
By Prof. Ts. Dr. Manjit Singh Sidhu
Google is currently at the forefront of testing groundbreaking artificial intelligence (AI) capabilities for YouTube, with the aim of revolutionizing music composition for users. This pioneering feature, known as Dream Track, has been discreetly rolled out to a select group of content creators based in the United States. Dream Track is meticulously designed to effortlessly generate 30-second audio clips that emulate the distinctive styles of renowned musical artists who have collaborated with YouTube.
Read the full article here.
Capital A, Still Work In Progress
Capital A 4Q23 results may underwhelm but operations were better in the more recent 2H of 4Q23. Going into FY24E, Maybank said it is wary that it is taking a long time to return its entire fleet to service but believe it will eventually materialise. Positively, more details on its PN17 regularisation plan ought to be known soon. The house has widen the FY23E core net loss by 58%, forecast FY24E core net loss of MYR63.7m, trim FY25E core net profit by 13% and trim SOP-TP by 9sen to MYR0.92.
Read the full article here.
IPO: Wentel Engineering Encounters Lack Lustre ACE Market Debut Opening Flat At 26 Sen
Wentel Engineering Holdings Bhd initial public offering (IPO) opened flat at 26 sen in its ACE Market debut on Bursa Malaysia today (Feb 6) with an opening volume of 19.70 million shares.
Read the full article here.
Wentel Plans For New Larger Production Facility, New Machinery: MSSB
Wentel Engineering Holdings Berhad (Wentel) to increase scale of production and the sophistication of products.
Read the full article here.