Bursa Malaysia edges higher before Budget 2027 tabling
The benchmark gained 1.14 points in early trading, although declining counters outnumbered advances across the broader market.
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The benchmark gained 1.14 points in early trading, although declining counters outnumbered advances across the broader market.
US borrowing costs are expected to remain unchanged later this month, while a Federal Reserve official has signalled increases over the medium term.
The currency opened lower against the euro, yen and pound, while an economist said fiscal discipline would remain important to its strength.
The proposed GTFS 6.0 rebates would range from 1.5% to 2%. The current scheme does not offer either rebates or financial support for solar projects.
Klayman Group Sdn Bhd is the prospective buyer, with pricing still undecided and due diligence required before a definitive agreement.
The 24,777 square metres site is near the University of Cyberjaya, with completion of the purchase expected in the third quarter of 2027.
The Islamic notes programme has a perpetual tenure, while the Islamic commercial papers programme will run for seven years.
The work is due to finish on Oct 31, 2028, with a 27-month defect liability period to follow.
MKH shares will be suspended from 9am on Oct 16, while the offerors have said they do not intend to keep the property developer listed.
The revised allocation raises factory expansion funding to RM230.13 million and working capital funding to RM150.43 million.