KUALA LUMPUR: KJTS Group Bhd made its debut on the ACE market of Bursa Malaysia at 44 sen a share, a 17 sen or 63% premium to its initial public offering (IPO) price of 27 sen a share. The share was the second most traded in the early morning with over 72 million shares exchanging hands in the...
KUALA LUMPUR: For decades, the Jawi script has been highly regarded as the traditional symbol of Malay culture and civilisation. Historically, Jawi became prominent with the spread of Islam in the 15th century. The Malays held the script in high esteem as it was the gateway to understanding Islam and the Quran. The script was widely used...
KUALA LUMPUR: The ringgit opened lower against the US dollar on Friday as the latest US gross domestic product (GDP) figures showed that the US economy grew by 2.5 percent in 2023, a significant improvement from the 1.9 per cent growth recorded in 2022, thus increasing demand for the US dollar. At 9:05 am, the ringgit...
KUALA LUMPUR: The unexpected Aidilfitri date announcement in 2022 saw Malaysians nationwide rushing to tackle their final preparations with only hours before the day arrived. Soon after the announcement by the Keeper of the Rulers’ Seal, people scrambled to gather the ingredients, especially fresh produce, to make their festive dishes such as chicken or beef rendang,...
KUANTAN: One man died while four others are feared to have been buried alive following a landslide early Friday (Jan 26) morning at Batu 54, Blue Valley, Cameron Highlands. Pahang Fire and Rescue Department assistant director (operations) Ismail Abdul Ghani said the department received a distress call at 2.51am, and so far, the search and rescue...
KUALA LUMPUR: The number of flood victims in the four flood-affected states in the country increased to 3,323 people from 1,016 families as of 6am Friday (Jan 26), compared to 3,128 people from 958 families on Thursday (Jan 25) night. Based on a report by the National Disaster Control Centre of the National Disaster Management Agency...
KUALA LUMPUR: Kenanga Research is keeping Pavilion Real Estate Investment Trust (REIT) as its top sector pick on the back of its earnings resilience. "We believe Pavilion REIT’s premium retail assets are less vulnerable to downward pressure on occupancy and rental rates amidst rising headwinds in the retail sector on the back of sustained high inflation that hurts...
JOHOR BARU: The move to introduce a contract system for new civil service recruits could affect the government’s overall productivity, says Pasir Gudang MP Hassan Abdul Karim. The Johor lawmaker said the lack of job security for contract staff was also a cause of concern for the people. “This will affect the public’s desire to enter the...
SEREMBAN: The Immigration Department, which detained 110 undocumented foreigners in a three-hour operation near here yesterday, has again reminded employers that stern action will be taken against them if they hire or harbour such individuals. State director Kennith Tan Aik Kiang said his department had been conducting regular operations against undocumented foreigners and would come down...
JOHOR BARU: A total of 84 illegal immigrants from four countries and a local woman have been arrested following a raid at a factory in Senai near here. Johor Immigration director Baharuddin Tahir said that the operation, codenamed Ops Mahir, was conducted at 11am on Wednesday (Jan 24) following a tip-off from the public. "We received a...
