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Combined riches of Malaysian tycoons down 10%

The combined wealth of tycoons on the 2022 Forbes list of Malaysia’s 50 richest fell 10% from a year ago to US$80.5bil (RM353.7bil)

Bursa Malaysia starts of on lacklustre note, tracks Wall Street losses

KUALA LUMPUR (May 19): Stocks on Bursa Malaysia got off to a lacklustre start on Thursday (May 19), tracking the overnight rout at Wall Street. At 9.01am, the FBM KLCI fell 6.71 points to 1,548.2. The top losers included Nestle (Malaysia) Bhd, Malaysian Pacific Industries Bhd, Batu Kawan Bhd, Carlsberg Brewery Malaysia Bhd, Petronas Dagangan Bhd, Vitrox Corp Bhd, Hengyuan Refining Company Bhd, Press Metal Aluminium Holdings Bhd and Kuala Lumpur Kepong Bhd.

Plantation stocks top gainers on Bursa after Indonesia banned palm oil exports

Plantation stocks on the local bourse dominated the top gainer list on Monday morning (April 25) as Indonesia’s move to ban palm oil exports is seen to benefit Malaysian planters. At the time of writing, Kuala Lumpur Kepong Bhd (KLK) was the top gainer by value, surging RM1.56 or 5.57% to RM29.56, followed by its 47.43%-owned associate Batu Kawan Bhd that jumped RM1.20 or 4.32% to RM29.

Batu Kawan s FY2021 net profit soars to RM1 15b | Money

KUALA LUMPUR, Nov 23 Batu Kawan Bhd’s net profit soared by 175 per cent to RM1.15 billion in the financial year 2021 ended September 30, 2021 (FY2021) from RM417.28 million amid steady performances recorded by all segments. Revenue jumped 29 per cent to RM20.72 billion from RM16.08 billion,.

Bursa Malaysia ends morning session broadly lower

Bursa Malaysia ends morning session broadly lower
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