The Kuala Lumpur Composite Index advanced 1.38 points, or 0.1 per cent, to 1,076.62 as of 9:15 am. AMMB Holdings Bhd, Malaysia’s fifth-biggest banking group, climbed 3 per cent to RM3.48.
The company is considering raising about RM400 million (US$114 million) of so-called innovative tier 1 capital for its commercial and Islamic banking units in the next few months, the Business Times reported. Ingress Corp, the Malaysian auto-parts supplier, surged 34 per cent to 25.5 sen, set for its steepest gain since February 25.
The company said it won three contracts valued at RM61.9 million from Tenaga Nasional Bhd. Kencana Petroleum Bhd, the Malaysian oil and gas services provider, rose 2.3 per cent to RM1.75.
The company is bidding for RM4 billion of contracts in the country and India, chief executive officer Mokhzani Mahathir said in an interview. The company will be “happy” if it secures RM1 billion out of those bids, he said in Kuala Lumpur today. The company is also seeking jobs in Vietnam and Cambodia, he said. -- Bloomberg
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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