Malaysia’s corporate landscape saw a mix of fundraising activities, renewable energy expansion, IPO enthusiasm and balance sheet restructuring dominate headlines, reflecting continued investor appetite for growth and defensive sectors despite broader market caution. Tenaga Advances Renewable Energy Push KL: TENAGA strengthened its renewable energy ambitions after its subsidiary issued RM1.05 billion in Asean Green SRI Sukuk to finance a 500MW solar photovoltaic project in Kedah . The issuance highlights increasing institutional support for green financing and reinforces Tenaga’s long-term transition towards cleaner energy infrastructure. Investors may view the move positively as ESG-linked investments continue gaining traction across regional markets. Mr DIY Expands Funding Flexibility KL: MRDIY raised RM540 million via its maiden bond issuance , with proceeds earmarked for refinancing, working capital and expansion plans. The ...
FBM KLCI open higher today by 2.57 points or 0.16% to 1,648.79 as at 9.17am.
The market saw a relatively low volume of about 81.3 million shares changed hands at the time of writing, most likely due to a shorter trading days in the country with the Raya Holiday.
Air Asia X was the most actively traded counter and it has risen by 2.63% to 39 sen with 9.1 million shares being traded.
Dutch Lady was the top gainer so far with the milk counter risen by 50 sen to RM58.98 with a volume of 100.
Heineken was at the other end of the table, leading the decliner for the day so far with a loss of 22 sen or 1.42% to RM15.24.
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