Petronas Not Exiting Canada, Says Group CEO

KUALA LUMPUR, June 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada.

IOIPG's Acquisition Of Scottsdale Properties A Strategic, Value-accretive Move - HLIB

KUALA LUMPUR, June 5 (Bernama) -- IOI Properties Group Bhd’s (IOIPG) proposed acquisition of Scottsdale Properties Pte Ltd is viewed as a strategic and value-accretive move, Hong Leong Investment Bank (HLIB) said. 

Petronas Maintaining Operations In Canada

KUALA LUMPUR, June 4 (Bernama) -- Petroliam Nasional Bhd (Petronas) today denied news reports claiming the national oil firm is leaving Canada. 

AI Adoption By Enterprises In Asia Pacific Widespread -- Snowflake CEO

From Nor Baizura Basri

SAN FRANCISCO, June 3 (Bernama) -- Artificial intelligence (AI) adoption by enterprises in the Asia Pacific, including ASEAN, is currently widespread, eventually gaining some traction.

IHH Healthcare 1Q Net Profit Falls To RM514 Mln

KUALA LUMPUR, May 29 (Bernama) -- IHH Healthcare Bhd has recorded a drop in net profit to RM514 million in the first quarter of its financial year ending Dec 31, 2025 (1Q FY2025) from RM768 million in 1Q FY2024.

UEM Edgenta Secures Order Book Worth RM1.1 Bln In 1Q FY2025, Bringing Total To RM9.3 Bln

KUALA LUMPUR, May 29 (Bernama) -- UEM Edgenta Bhd has secured an order book worth RM1.1 billion in the first quarter ended March 31, 2025 (1Q FY2025), bringing the company’s cumulative order book to RM9.3 billion as at March 31, 2025.

Malaysia To Emerge As Top Destination For Medical Tourism -- IHH Healthcare

KUALA LUMPUR, May 28 (Bernama) -- Malaysia has bright prospects in medical tourism, driven by its highly trained doctors, excellent facilities and competitive currency, said IHH Healthcare Bhd.

Sentral REIT To Acquire Arcoris Plaza's Assets For RM70 Mln

KUALA LUMPUR, May 27 (Bernama) -- Sentral Real Estate Investment Trust (REIT) Management Sdn Bhd has inked a conditional sale and purchase agreement (SPA) to acquire UEM Sunrise Bhd's asset at Arcoris Plaza Development here for RM70 million.

FGV Pauses Trading, ICT Zone's ACE Transfer On June 3 - Bursa

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia Securities Bhd has approved FGV Holdings Bhd’s request for suspension in the trading of its shares with effect Monday, May 26 from 9 am to 5 pm, pending the release of a material announcement.

Mutiara Perlis Invests RM17 Mln In Kalmar Equipment To Boost Inland Port Capacity

KUALA LUMPUR, May 21 (Bernama) -- Mutiara Perlis Sdn Bhd is investing RM17 million to acquire 15 Kalmar container handlers for the Perlis Inland Port (PIP) via its partner, Mach 1 Group.

Affin-AMMB Merger Will Be Dilutive Due To Significant New Shares Issuance - CIMB Securities

KUALA LUMPUR, May 21 (Bernama) -- CIMB Securities Sdn Bhd expects the potential merger between Affin Bank Bhd and AMMB Holdings Bhd to entail significant issuance of new shares, which will likely be quite dilutive.

Nippon Express Holdings Expands In Bangladesh With CCBL Investment

KUALA LUMPUR, May 19 (Bernama) -- Nippon Express Holdings Inc has acquired a 20 per cent stake in Cold Chain Bangladesh Limited (CCBL), a domestic logistics company based in Dhaka, through its subsidiary Nippon Express (South Asia & Oceania) Pte Ltd.