KTI Landmark in RM107mil Sabah job
In a filing with Bursa Malaysia, KTI Landmark said the government has identified a parcel of state land measuring a total area of 153 acres in Kinarut reserved for a 'cultural complex site'.
The company said it is required to carry out and complete, at its own cost, the proposed project with all infrastructure, including roads, driveways, culverts, water mains, sewerage mains/ pipes/plants and landscaping serving and/or relating to the project.
KTI said it will commence construction works of the project within nine months from the date of approval of the building plans.
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Malay Mail
39 minutes ago
- Malay Mail
Bursa extends gains, KLCI edges nearer to 1,600 mark
KUALA LUMPUR, Aug 21 — Bursa Malaysia reversed yesterday's losses to continue its upward momentum to close higher, driven by persistent buying in selected heavyweights, amid mixed sentiment in regional markets, a dealer said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.66 points, or 0.29 per cent, to settle at 1,592.87 from Wednesday's close of 1,588.21. The benchmark index opened 3.71 points firmer at 1,591.92, and moved between 1,589.88 and 1,596.02 throughout the day. However, the broader market was slightly negative with decliners beating advancers 522 to 513, while 491 counters were unchanged, 1,068 untraded and 17 suspended. Turnover widened to 2.67 billion units worth RM2.87 billion from 2.55 billion units worth RM2.50 billion on Wednesday. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said major Asian indices also closed higher despite broadly negative cues from Wall Street overnight, which saw strong selling in technology stocks. 'On the local bourse, the benchmark index continues to display encouraging momentum, reflecting improving sentiment and renewed investor confidence. Optimism is building as the index edges closer to the key 1,600 psychological level, opening the door for further gains. 'Overall, the outlook remains constructive, with opportunities for growth as confidence builds across regional markets. As such, we anticipate the FBM KLCI to move within the 1,580–1,600 range towards the weekend,' he told Bernama today. Among the heavyweights, Maybank and Tenaga Nasional slipped 2.0 sen each to RM9.78 and RM13.64, respectively, Public Bank trimmed 1.0 sen to RM4.45, IHH Healthcare declined 7.0 sen to RM6.81, while CIMB jumped 9.0 sen to RM7.45. Of the most active counters, Tanco added 1.0 sen to 74 sen, Petronas Chemicals soared 58 sen to RM4.76, NexG went up 6.0 sen to 45 sen, and Lotte Chemical advanced 2.5 sen to 59 sen. Across the broader market, the FBM Emas Index increased 18.08 points to 11,800.91, the FBMT 100 Index climbed 14.13 points to 11,582.43, the FBM Emas Shariah Index improved 18.59 points to 11,717.93, the FBM 70 Index fell 67.24 points to 16,536.22, and the FBM ACE Index added 12.41 points to 4,708.33. By sector, the Financial Services Index gained 19.01 points to 18,184.15, the Plantation Index garnered 13.92 points to 7,606.52, the Industrial Products and Services Index perked up 2.94 points to 163.67, and the Energy Index ticked up 1.44 points to 750.73. The Main Market volume advanced to 1.55 billion units valued at RM2.65 billion from Wednesday's 1.46 billion units valued at RM2.28 billion. Warrants turnover declined to 688.24 million units worth RM86.01 million from 780.41 million units worth RM93.66 million previously. The ACE Market volume increased to 424.96 million units worth RM132.02 million from 310.20 million units worth RM124.67 million yesterday. Consumer products and services counters accounted for 233.43 million shares traded on the Main Market; industrial products and services (341.51 million), construction (94.93 million), technology (163.45 million), financial services (114.04 million), property (151.83 million), plantation (26.31 million), REITs (38.80 million), closed-end fund (9,300), energy (130.79 million), healthcare (97.46 million), telecommunications and media (94.90 million), transportation and logistics (37.35 million), utilities (33.75 million), and business trusts (9,200). — Bernama
The Star
an hour ago
- The Star
FBM KLCI rallies to six-month high, nears key 1,600 level
KUALA LUMPUR: The FBM KLCI climbed to a six-month high on Thursday, buoyed by ongoing corporate earnings season despite mixed regional markets, as investors awaited policy cues from the U.S. Federal Reserve's annual symposium. At closing, the FBM KLCI climbed 4.66 points, or 0.29% to 1,592.87, its highest since February. The market traded within a range of 6.14 points between an intra-day high of 1,596.02 and a low of 1,589.88 during the session. Winners and losers were closely balanced, with 513 gainers against 522 losers and 491 that were flat. About 2.7 billion shares, valued at RM2.9bil, changed hands. Rakuten Trade vice-president of research Thong Pak Leng said the FBM KLCI rebounded after profit-taking, with momentum supported by improving sentiment and renewed investor confidence despite weak Wall Street cues. 'With the index staying comfortably above both its 20-day and 50-day exponential moving averages (EMAs), the technical setup suggests a healthy and sustainable uptrend,' he said, adding that optimism is growing as the index nears the key 1,600 level, signalling potential for further gains. 'Overall, the outlook remains constructive, with opportunities for growth as confidence builds across regional markets. As such, we anticipate the FBM KLCI to trend within the 1,580–1,600 range towards the weekend,' he said. Among the gainers, Nestle surged RM3 to RM92, PETRONAS Chemicals gained 58 sen to RM4.76, Kuala Lumpur Kepong added 26 sen to RM19.46, and PETRONAS Dagangan climbed 26 sen to RM22.76. Malaysian Pacific Industries , the top loser on Bursa Malaysia, slid 78 sen to RM22.14. Heineken fell 56 sen to RM21.54, Carlsberg lost 46 sen to RM16.48, and Amway declined 27 sen to RM4.76. Meanwhile, Bursa Malaysia data showed foreign investors sold RM209mil of local equities on Wednesday, while local institutions and retailers bought RM186mil and RM23mil respectively. On the forex market, the ringgit gained 0.11% to 4.222 against the US dollar and 0.17% to 3.2822 against the Singapore dollar. On the external front, MSCI's Asia ex-Japan stock index was 0.24% higher. Japan's Nikkei 225 dropped 0.65% to 42,610.17, while Hong Kong's Hang Seng eased 0.24% to 25,104.61. In South Korea, the Kospi advanced 0.37% to 3,141.74. On the mainland, the CSI300 gained 0.39% to 4,288.07, and the Shanghai Composite inched up 0.13% to 3,771.10.
Focus Malaysia
an hour ago
- Focus Malaysia
Bursa Malaysia maintains uptrend, ends on positive note
BURSA Malaysia reversed yesterday's losses to continue its upward momentum to close higher, driven by persistent buying in selected heavyweights, amid mixed sentiment in regional markets, a dealer said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.66 points, or 0.29 per cent, to settle at 1,592.87 from Wednesday's close of 1,588.21. The benchmark index opened 3.71 points firmer at 1,591.92, and moved between 1,589.88 and 1,596.02 throughout the day. However, the broader market was slightly negative with decliners beating advancers 522 to 513, while 491 counters were unchanged, 1,068 untraded and 17 suspended. Turnover widened to 2.67 billion units worth RM2.87 bil from 2.55 billion units worth RM2.50 bil on Wednesday. ‒ Aug 21, 2025
