Airbus To Expand Footprint In Malaysia Through New Deals At DSA, NATSEC Asia 2026

KUALA LUMPUR, April 20 (Bernama) --  Airbus is set to expand its defence and space footprint in Malaysia through a series of signings and key announcements scheduled to take place at the Defence Services Asia (DSA) and National Security (NATSEC) Asia 2026 exhibitions this week. 

Bursa Malaysia Opens Higher, But Retreats Thereafter

KUALA LUMPUR, Feb 11 (Bernama) -- Bursa Malaysia opened higher on Wednesday but retreated thereafter, amid a mixed Wall Street overnight performance.

Former Army Chief Zamrose Resigns As Boustead Heavy Industries Director

KUALA LUMPUR, Jan 15 (Bernama) -- Boustead Heavy Industries Corporation Bhd (BHIC) said General (Retired) Tan Sri Zamrose Mohd Zain has resigned as a director of the company, with effect from Jan 12, 2026.

BHPetrol Engine Oil Awarded SIRIM Pure Product Certification

KUALA LUMPUR, Sept 22 (Bernama) -- Boustead Petroleum Marketing Sdn Bhd (BHPetrol) engine oil has officially received the SIRIM Pure Product Certification License from SIRIM QAS International, thus further strengthening the brand’s position in the national engine oil market.

Pharmaniaga On Track To Exit PN17, Jakel Medical Emerges As New Substantial Shareholder

KUALA LUMPUR, July 31 (Bernama) -- Pharmaniaga Bhd has completed two critical milestones of its regularisation plan, the rights issue and private placement, thus positioning the group firmly on track to exit its Practice Note 17 (PN17) status.

BHPetrol To Build 30 New Stations In Rural Areas

JOHOR BAHRU, April 13 (Bernama) -- BHPetrol, a subsidiary of Boustead Holdings Bhd and the Armed Forces Fund Board (LTAT), plans to build up to 30 new petrol stations in rural areas nationwide.

LTAT To Reduce Strategic Asset Holdings To 35 Pct Under Project Earth

KUALA LUMPUR, March 27 (Bernama) -- The Armed Forces Fund Board (LTAT) plans to reduce its strategic asset holdings from 56 per cent to 35 per cent under ‘Project Earth’ over the next three years to lower exposure while retaining control.

Pharmaniaga Shareholders Approve Regularisation Plan To Exit PN17 At EGM

KUALA LUMPUR, March 20 (Bernama) – Pharmaniaga Bhd is moving forward with its regularisation plan to exit Practice Note 17 (PN17) status following shareholders’ approval of three key resolutions at the group’s extraordinary general meeting (EGM) today.

Affin Bank Branches In Sarawak To Increase To 14 By July

KUCHING, Feb 18 (Bernama) -- Affin Bank Bhd will increase the number of its branches in Sarawak to 14 by July this year as part of its commitment to expanding its services and strengthening its presence in the state.

Banking Sector Thriving In 2024, Sees Major Acquisitions

By Karina Imran

KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.

Ecoworld Malaysia Inks Deal To Acquire Land In Selangor For RM742.4 Mln

KUALA LUMPUR, Nov 7 (Bernama) -- Eco World Development Group Bhd (EcoWorld Malaysia) has announced that, following its participation in a request for proposal process initiated by Boustead Properties Bhd (BProp), it has inked several agreements to develop 10 parcels of freehold land in Selangor.  

Pharmaniaga Appoints EY As New External Auditor Effective Oct 9

KUALA LUMPUR, Oct 10 (Bernama) -- Pharmaniaga Bhd (Pharmaniaga) has appointed Ernst & Young (EY) as its new external auditor, effective Oct 9, 2024.