KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia’s key index closed higher today on bargain hunting, in line with positive investor sentiment across regional markets, consolidating at its highest level in more than two months — a level last seen on Oct 2, 2025. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 12.42 points, or 0.76 per cent, to 1,637.81, compared with Thursday’s close of 1,625.39. The benchmark index opened 2.83 points lower at 1,622.56, thereafter edged down to an early low of 1,622.03, before staging an uptrend to an intraday high of 1,640.36 in late trading. Market breadth was positive, with gainers trouncing decliners at 743 versus 387. Another 530 counters were unchanged, 1,108 untraded, and 16 suspended. Turnover increased to 3.09 billion units worth RM2.46 billion from 2.99 billion units worth RM2.35 billion on Thursday. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI ended higher on continued...
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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