BusinessToday's Trending Stories
Xiaomi Unveils Debut Electric Vehicle, Sets Ambitious Goal To Join Top Five Automakers
Chinese smartphone manufacturer Xiaomi, has officially revealed its inaugural electric vehicle (EV), marking a significant entry into the automotive industry.
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Asian Shares At 5-Months High As Market Bets On Aggressive Rate Cuts
Asian shares touched five-month highs on Thursday as market wagers on ever-more aggressive rate cuts extended a huge rally in U.S. stocks and bonds, but also left plenty of scope for disappointment next year.
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Penang Remains Top Exporter In Nov With 29% Share Despite An RM5.4 Billion Decrease
The Department of Statistis released the November trade figures amounting to RM231.8 billion with exports and imports recorded RM122.1 billion and RM109.7 billion, respectively.
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Wentel Assigns TA Securities As Sole Underwriter For IPO
Wentel Engineering Holdings Berhad has entered into an underwriting agreement with TA Securities Holdings Berhad for the Initial Public Offering on the ACE Market of Bursa Malaysia Securities.
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RAM Assigns AAA For Hektar REIT’s RM230 Million MTNs
RAM Ratings has assigned a preliminary rating of AAA(fg)/Stable to the proposed up to RM230 million Medium Term Notes (Guaranteed Tranche(s)) to be issued under Hektar MTN Satu Sdn Bhd’s proposed RM500 million MTN programme.
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MTEC IPO Plans To Raise RM61.66 Million Via Jan 29 Ace Market Listing
Master Tec Grouip Behhad (MTEC) is expected to list on the Ace Market of Bursa Malaysia Securities Berhad on January, 29, 2024 where the initial public offering (IPO) will issue 15,810,000 new shares at 39 sen per share, to raise nearly RM61.659 million.
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Disappointed With The Government Over ICPT Surcharge Despite Fuel Price Drop
The Federation of Malaysian Manufacturers said it is disappointed with the Government’s decision to maintain the Imbalance Cost Pass Through (ICPT) surcharge for 1H2024 at 17 sen/kwh.
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Indonesia Maintains Electricity Tariff For Q1 2024 In Support Of Businesses
The Energy and Mineral Resources Ministry decided that electricity tariffs for the first quarter of 2024 will remain the same for 13 groups of non-subsidized customers.
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S’pore Fines Credit Suisse S$3.9 Million Over Misconduct By Its Relationship Manager
Credit Suisse has been hit with a S$3.9 million (US$2.9 million) civil penalty by the Monetary Authority of Singapore (MAS) after the bank failed to prevent or detect misconduct by its relationship managers in the Singapore branch.
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HONOR Teases Arrival Of Thinnest, Lightest Flagship Smartphone In Malaysia
HONOR Malaysia is gearing up to kick off 2024 with the grand reveal of its latest flagship smartphone, promising a groundbreaking combination of sleek design, innovation, and cutting-edge technology, scheduled for January 3, 2024.
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