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KUALA LUMPUR, Feb 23 (Bernama) -- Perbadanan Perwira Harta Malaysia (PPHM) is said to be unable to meet its financial obligations as the total assets it owns are insufficient to cover its total liabilities.
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KUALA LUMPUR, Feb 23 (Bernama) -- A total of 36 dormant companies with net liabilities amounting to RM1.248 billion require continued support from the government, agencies, or parent companies to settle their respective financial obligations, according to the Auditor-General’s Report 1/2026 released today.
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KUALA LUMPUR, Feb 23 (Bernama) -- Kerjaya Prospek Group Bhd’s wholly-owned subsidiary, Future Rock Sdn Bhd (FRSB), has secured a RM502.27 million contract for the execution and completion of reclamation and dredging works for the Seri Tanjung Pinang (Phase 2B and 2C) Development (STP2) from Tanjung Pinang Development Sdn Bhd.
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KUALA LUMPUR, Feb 23 (Bernama) -- The asset position of 143 out of 145 federal agencies increased by 5.5 per cent to RM2.838 trillion in 2024, compared with RM2.690 trillion the previous year, according to the Auditor-General’s Report (LKAN) 1/2026 tabled in the Dewan Rakyat today.
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KUALA LUMPUR, Feb 23 (Bernama) -- Coventry, the leader and creator of the secondary market for life insurance, announced it will attend SFVegas 2026 to engage with structured finance leaders as the institutional market for longevity-linked asset-backed securities (ABS) continues to mature.
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KUALA LUMPUR, Feb 20 (Bernama) -- Petroliam Nasional Bhd (Petronas) has appointed T7 Global Bhd’s subsidiary, T7 Intelligent Resources Sdn Bhd, as a Petronas panel contractor for third-party professional and support services for the Petronas Group.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 20 (Bernama) -- The ringgit closed higher against the US dollar on Friday, supported by cautious market sentiment amid ongoing negotiations between the US and Iran regarding the nuclear programme, said an economist.
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KUALA LUMPUR, Feb 19 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (Lendlease REIT), reported first-half (1H) financial results for FY2026 distributable income of SG$48.6 million, up 11.7 per cent year-on-year (YoY), or a distribution of 1.85 cents per unit. (SG$1 = RM3.07)
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KUALA LUMPUR, Feb 16 (Bernama) -- The Employees Provident Fund (EPF) is expected to deliver a dividend rate of between 6.3 per cent and 6.5 per cent for 2025, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
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KUALA LUMPUR, Feb 12 (Bernama)-- Petroliam Nasional Bhd (Petronas)’s wholly owned subsidiary, PC Oman Ventures Ltd (PCOVL), has signed a concession agreement with the Oman government and OQ Exploration and Production Batinah Offshore LLC (OQEP) as its partner for the exploration of oil and gas in Block 18.
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KUALA LUMPUR, Feb 11 (Bernama) -- The Digital Asset Innovation Hub (DAIH) has onboarded three initiatives to test real-world applications involving ringgit stablecoins and tokenised deposits in 2026, according to Bank Negara Malaysia (BNM).
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KUALA LUMPUR, Feb 11 (Bernama) -- Helus Pharma (Helus), a clinical-stage pharmaceutical company, has appointed Michael Cola as its Chief Executive Officer (CEO) effective immediately, as the company enters its next phase of scale and execution.