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KUALA LUMPUR: Bursa Malaysia closed the morning session of the first trading day on a lower note, weighed down by continued profit-taking in selected heavyweights amid a lack of fresh catalysts.
KUALA LUMPUR: Year-end window dressing continued to support Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI), keeping the index above a 15-month high at midday.
THE offshore support vessel (OSV) segment could see challenges in the near term with the softening of daily charter rates, amid signs of a slowdown in jobs, according to analysts who cover the oil and gas sector.
The softening of crude oil prices is not expected to stimulat...
Avangaad Bhd (KL:AVANGAAD), formerly known as EA Technique (M) Bhd, announced that Messrs KPMG PLT has resigned as the company’s external auditor due to a disagreement over the proposed audit fees.
KUALA LUMPUR: Bursa Malaysia dibuka sedikit tinggi pada Rabu namun turun dalam beberapa minit selepas itu, dengan indeks penanda aras mengalami penyusutan berikutan aktiviti pengambilan untung susulan penjualan semalam, meskipun dagangan di Wall Street meningkat.
KUALA LUMPUR (Aug 20): Generator rental company ACE Market-bound Express Powerr Solutions (M) Bhd, which counts electricity utility companies as its biggest customers, plans to venture into the oil-and-gas (O&G) sector to broaden revenue streams, while growing its solar photovoltaic (PV) business.
Avangaad Bhd’s (KL:AVANGAAD) net profit for the second quarter fell 93.6% year-on-year (y-o-y) in the absence of one-off income from debt writebacks booked in the same period a year ago.
Avangaad Bhd has finalised the sale of its floating storage and offloading (FSO) vessel for US$10.5mil (equivalent to RM44.5mil), which will deliver an immediate gain of RM29.4mil.
Avangaad Bhd (KL:AVANGAAD), formerly known as EA Technique (M) Bhd, said it is disposing of a floating storage and offloading (FSO) vessel for US$10.5 million (RM44.5 million) cash.
PETALING JAYA: Avangaad Bhd has finalised the sale of its floating storage and offloading vessel for US$10.5mil (equivalent to RM44.5mil), which will deliver an immediate gain of RM29.4mil.
AFTER three tumultuous years in the Practice Note 17 (PN17) status for financially distressed companies, Avangaad Bhd (KL:AVANGAAD) — formerly known as EA Technique (M) Bhd — has finally charted its way out of troubled waters.
The turning point came with the entry of Voultier Sdn Bhd (V...
AT the start of the year, foreign inflows into the stock market were robust, prompting hopes that the continuing trend from 2024 would lead to new highs. Over the months, however, interest began to dissipate and at mid-year, appeared tepid at best.
For the past five consecutive weeks, f...