Day: August 7, 2024

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended firmer today, tracking the underlying cash market’s performance. Spot month August 2024 and September 2024 gained 26.5 points each to 1,592.0 and 1,574.0, respectively, December 2024 added 25.5 points to 1,578.0, and March 2025 rose 27.0 points to 1,569.5. Turnover dropped to 15,459 lots from 23,306 on Tuesday, while open interest fell to 54,809 contracts from 68,127 previously. At 5 pm, the FBM KLCI put on 17.48 points or 1.11 per cent to 1,591.87 compared with Tuesday’s close of 1,574.39. Source: BERNAMA News Agency

PATTANI, The Selangor government, in efforts to safeguard the state’s rich textile heritage, plans to establish its textile museum soon. State Housing and Culture Committee chairman Borhan Aman Shah said the museum – Selangor Textile Museum – will showcase a variety of traditional textiles from Selangor, including telepuk, kelingkan, songket, and Selangor batik. ‘We are currently looking for a suitable location for the museum, and it needs to be established as soon as possible, as the state government has approved the necessary funding,’ he said. ‘The museum will feature a weaving house, and offer a range of activities including those

KUALA LUMPUR, Datuk Seri Najib Tun Razak has filed a preliminary objection against the Malaysian Bar’s motion to challenge the Pardons Board’s decision to reduce his prison sentence and fine, claiming that the professional body’s Annual General Meeting (AGM) was void. The former prime minister, in an affidavit sworn by his counsel Muhammad Farhan Muhammad Shafee, argued that the Malaysian Bar lacks locus standi to initiate the legal action. He claims that the Bar’s 78th AGM, which passed a motion to file the action, was void, as it was purportedly conducted without the necessary quorum and thus violated the Legal

PUTRAJAYA, The official portraits of Their Majesties Sultan Ibrahim and Raja Zarith Sofiah, the King and Queen of Malaysia, will begin to be distributed tomorrow, according to Communications Minister Fahmi Fadzil. He said the Malaysian Information Department (JaPen) will receive the official portraits, and other ministries and departments can get them tomorrow at the Ministry of Communications. ‘For members of the public who wish to get the official portraits free of charge, they can contact the state JaPen office or their district officers,’ he told a press conference here today. Meanwhile, Fahmi said Prime Minister Datuk Seri Anwar Ibrahim in

SEPANG, National sprint champion Muhammad Azeem Mohd Fahmi has a ‘big dream’ to become one of the fastest individuals in Asia starting next year. According to the national record holder in the 100 metres (m) event, he is currently in the transition phase of changing the training pattern under the guidance of his coach Ken Harden, which is expected to have a positive effect on his performance. “This year is basically a transition year where I have just started to adapt to the new training method, new environment. Many people don’t know because I love to work hard in silence.