LATEST NEWS   PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | The achievement comes as Malaysia and Turkmenistan mark 30 years of cooperation in the energy sector, which has been a key pillar of bilateral relations between the two countries -- PMO | 

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ACE Market-bound RT Pastry's IPO Oversubscribed By 59.96 Times

KUALA LUMPUR, June 18 (Bernama) -- RT Pastry Holdings Bhd’s initial public offering (IPO) shares made available to the Malaysian public have been oversubscribed by 59.96 times ahead of its scheduled listing on the ACE Market of Bursa Malaysia on June 29.

Anwar Thanks Putin For Russia's Support On Energy Cooperation, Petronas

By Nurul Hanis Izmir

KAZAN, June 18 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim expressed appreciation to Russian President Vladimir Putin for Russia’s support in strengthening energy cooperation with Malaysia, especially Petroliam Nasional  Bhd (Petronas).

ASEAN-Russia Need To Expand Cooperation  Across The Board, Mainly In Food Security And Energy - Anwar

From Nurul Hanis Izmir

KAZAN, June 17 (Bernama) — ASEAN and Russia need to expand multilateral cooperation in areas such as food security, energy, advanced manufacturing, digital technologies, and education, said Prime Minister Datuk Seri Anwar Ibrahim.

Affin Hwang Investment Bank Launches ELIs To Help Investors Navigate Market Volatility

KUALA LUMPUR, June 16 (Bernama) -- Affin Hwang Investment Bank Bhd today launched Equity-Linked Investments (ELIs) to provide investors customised exposure to a broad range of underlying assets while supporting diverse market and risk-return objectives amid ongoing global uncertainties.

Sum Technology IPO Oversubscribed By 110.54 Times Ahead Of ACE Market Debut

KUALA LUMPUR, June 8 (Bernama) -- Engineering services firm Sum Technology Bhd's initial public offering (IPO) has been oversubscribed by 110.54 times ahead of its listing on the ACE Market of Bursa Malaysia on June 18, 2026.

Well Chip To Raise Up To RM120 Mln Via Rights Issue To Fund Pawnshop Expansion

KUALA LUMPUR, June 5 (Bernama) -- Well Chip Group Bhd will undertake a renounceable rights issue of up to 120 million new shares in the company to fund the expansion of new pawnshops and for working capital.

Elsa IPO Oversubscribed 27 Times Ahead Of ACE Market Listing

SEREMBAN, June 5 (Bernama) -- The High Court here today granted ad interim injunctions against six plaintiffs in an ongoing dispute involving the Negeri Sembilan Dewan Keadilan dan Undang (DKU), restraining them from, among other actions, convening or holding any DKU meeting, including the Special Sitting that had been scheduled for today.

Global Air Cargo Demand Up 4.0 Pct In April, Led By Asia-Pacific Airlines -- IATA

KUALA LUMPUR, May 28 (Bernama) -- Total demand of global air cargo, measured in cargo tonne-kilometres, increased by 4.0 per cent in April 2026, compared to April 2025 levels (4.0 per cent for international operations), according to the International Air Transport Association (IATA).

Mudajaya Unit To Sell 45 Pct Stake In Real Jade For RM118.45 Mln To Offset Debt

KUALA LUMPUR, May 28 (Bernama) -- Mudajaya Group Bhd’s indirect wholly owned subsidiary, Xelmont Ltd, is disposing of its 45 per cent equity interest in Real Jade Ltd to Minyi Holdings Ltd (MHL) for HK$234 million (RM118.45 million).

Hektar REIT Proposes RM125 Mln Deal To Acquire, Lease International School

KUALA LUMPUR, May 22 (Bernama) -- Hektar Real Estate Investment Trust (Hektar REIT) has proposed to acquire the leasehold interest in 2.43 hectares in Setapak, Kuala Lumpur, together with a private school known as KYS KL East International School (KYSKLEIS) on it, for a purchase consideration of RM125 million.

FIDO Alliance Unveils Agenda For Authenticate APAC 2026 In Singapore

KUALA LUMPUR, May 21 (Bernama) -- The FIDO Alliance has announced agenda themes and programme highlights for Authenticate APAC 2026, scheduled to take place from June 2 to 3 at the Grand Hyatt Singapore.

AirAsia X Posts Net Loss Of RM154.88 Mln In First Quarter Due To Depreciation Of Local Currencies

KUALA LUMPUR, May 14 (Bernama) -- AirAsia X Bhd posted a net loss of RM154.88 million in the first quarter ended March 31, 2026, due to the net foreign exchange losses of RM232.2 million from the depreciation of local currencies including Thai baht, Indonesian rupiah and the Philippine peso against the US dollar during the quarter.