2d ago
KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)
5d ago
KUALA LUMPUR, May 11 (Bernama) -- CYNREN has launched as an independent international advisory firm focused on the intersection of capital, technology and geopolitics.
7d ago
BUTTERWORTH, May 9 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (MECD) will launch a one-stop portal for small and medium enterprises (SMEs) this month to facilitate access to information related to financing, training and various government support programmes.
1m ago
KUALA LUMPUR, April 7 (Bernama) -- Ekuiti Nasional Bhd (Ekuinas) has invested in a bumiputera manufacturer of sterile parenteral pharmaceutical products Ain Medicare Sdn Bhd via Ekuinas’ RM1 billion Tranche IV fund.
1m ago
KUALA LUMPUR, April 1 (Bernama) -- Venture capital firm Asia Vision Capital Sdn Bhd, which focuses on structuring and managing real estate private equity investments, is currently evaluating a property project in Mount Austin, Johor Bahru, known as Richmond Mayor.
1m ago
KUALA LUMPUR, March 26 (Bernama) -- Carta, the world’s first fully interconnected system for private capital, has announced the opening of its Hong Kong office.
1m ago
KUALA LUMPUR, March 24 (Bernama) -- AM Best has upgraded Hanoi Reinsurance Joint Stock Corporation (Hanoi Re) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional).
1m ago
KUALA LUMPUR, March 24 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent), the long-term issuer credit rating of “a-” (Excellent), and the Vietnam National Scale Rating of aaa.VN (Exceptional) for PVI Insurance Corporation (PVI Insurance), with a stable outlook.
2m ago
KUALA LUMPUR, March 16 (Bernama) -- More than RM7 billion was mobilised under Malaysia Co-investment Fund (MyCIF) to fund over 11,500 micro, small and medium enterprises (MSMEs) and startups since 2019, said Securities Commission chairman Datuk Mohammad Faiz Azmi.
2m ago
KUALA LUMPUR, March 16 (Bernama) -- The government will allocate an additional RM20 million to the Malaysia Co-investment Fund (MyCIF), in addition to the RM30 million announced in Budget 2026, bringing the total allocation this year to RM50 million.
2m ago
KUALA LUMPUR, Feb 28 (Bernama) -- The Employees Provident Fund (EPF) dividend rate for 2026 is expected to remain competitive, driven by the fund’s strategy based on its Strategic Asset Allocation, according to Prof Dr Ahmed Razman of Universiti Putra Malaysia.
2m ago
KUALA LUMPUR, Feb 28 (Bernama) -- The Employees Provident Fund (EPF) has announced a dividend rate of 6.15 per cent for 2025 (2024: 6.3 per cent) for both the conventional and shariah savings accounts, with a total payout of RM79.6 billion.