KUALA LUMPUR, March 30 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, in line with most regional markets, as investors adjusted their risk exposure amid spiralling oil prices driven by the ongoing West Asia conflict, now in its second month. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) retreated by 24.75 points or 1.44 per cent to 1,687.90 from Friday’s close of 1,712.65. The market bellwether opened 10.57 points weaker at 1,702.08 and fluctuated between 1,682.79 and 1,702.38. The broader market was bearish, with decliners thumping advancers 956 to 371. A total of 373 counters were unchanged, 1,042 untraded and 134 suspended. Turnover expanded to 3.98 billion units worth RM4.85 billion from last Friday’s 2.97 billion units worth RM3.25 billion.
Key Corporate Highlights
YTL Power International (KL:YTLPOWR)
YTL Power has completed its first Nvidia-powered AI data centre in Johor under its YTL AI Cloud initiative. The facility, built in partnership with Nvidia Corp, is now operational and marks a major step in positioning Malaysia as a regional AI infrastructure hub.
Mega Fortris (KL:MEGAFB)
OCBC Group and its affiliate Lion OCBC Capital Asia I Holdings have divested their entire 25.99% indirect stake in Mega Fortris Global Pte Ltd to ProWealth Management Holding Ltd, marking the entry of a new strategic investor.
CIMB Group Holdings (KL:CIMB)
CIMB successfully issued its first-ever renminbi-denominated “panda bond” in China, raising RMB 3 billion (RM1.77 billion) with a fixed coupon of 2.18% — the lowest among Asean issuers. Proceeds will fund cross-border expansion and support its China operations.
Sarawak Consolidated Industries (KL:SCIB)
SCIB received a second revised PR1MA contract worth RM172.4 million to build affordable homes in Kota Bharu, Kelantan. The increase reflects updated project scope and value-engineering improvements.
Frontken Corp (KL:FRONTKN)
Frontken reported a 30% rise in 3QFY2025 net profit to RM45.83 million, driven by higher volumes, with revenue up 12% y-o-y to RM161.87 million. The group plans a “minor” facility expansion in Taiwan by mid-2026.
Unisem (KL:UNISEM)
Unisem’s 3QFY2025 net profit fell 27.5% to RM19.38 million, weighed by foreign exchange losses and higher costsfrom its new Gopeng plant, despite a 20.3% increase in revenue to RM492.74 million. A two sen interim dividend will be paid on Jan 9, 2026.
Enproserve Group (KL:ENPRO)
Enproserve secured a two-year onshore pipeline maintenance contract from Petronas Carigali Sdn Bhd. The value will depend on work orders issued throughout the contract duration.
Country Heights Holdings (KL:CHHB)
Auditors flagged going concern risks as liabilities exceeded assets in FY2025. The company plans cost rationalisation, asset disposals, fundraising, and debt restructuring to strengthen its balance sheet.
Careplus Group (KL:CAREPLS)
Auditors issued an unqualified opinion with material uncertainty, citing heavy FY2025 losses, operating cash outflows, and accumulated deficits, raising questions about the glove maker’s financial sustainability.
NexG Bhd (KL:NEXG)
Former executive deputy chairman Tan Sri Mohd Khairul Adib Abd Rahman increased his stake by 4.31% (150.34 million shares) via Skyelimit Alliance Sdn Bhd, lifting his total shareholding to 16.96% in a direct business deal.
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