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GDA Secures 84.1 Pct Of MAHB Shares As At Jan 8

KUALA LUMPUR, Jan 8 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (the Consortium) have received valid offer acceptances of 1.40 billion shares, representing 84.1 per cent of the total number of issued shares in Malaysia Airports Holdings Bhd (MAHB).

Malaysia's Economy To Grow 5.0 Pct In 2025 - Economist 

KUALA LUMPUR, Jan 8 (Bernama) -- The Malaysian economy is expected to maintain a sustainable growth rate of 5.0 per cent in 2025 from an estimated 4.9 per cent in 2024, supported by a stable labour market condition, conducive fiscal and monetary policies amid lingering external uncertainties, said an economist. 

Malaysia ASEAN: JS-SEZ Exemplifies Malaysia's Commitment To Regional Integration - Loke

KUALA LUMPUR, Jan 7 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) exemplifies Malaysia’s commitment to regional integration, particularly as the country assumes the ASEAN Chairmanship this year, said Transport Minister Anthony Loke.

MAHB Takeover Reaches 75.73 Pct

KUALA LUMPUR, Jan 6 (Bernama) -- The takeover of the remaining shares by joint offerers for Malaysia Airports Holdings Bhd (MAHB) shares on behalf of Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd and Gip Aurea Pte Ltd has reached 75.73 per cent. 

November 2024 Air Passenger Traffic Reaches 8.0 Mln, Robust 15.8 Pct Y-o-y Increase - MAVCOM

KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia’s aviation sector has been seeing sustained recovery and growth, with air passenger traffic reaching 8.0 million passengers in November 2024, marking a robust 15.8 per cent year-on-year (y-o-y) increase compared to November 2023.

Penang Records RM22.6 Bln Approved Investments Up To 3Q 2024

GEORGE TOWN, Dec 31 (Bernama) -- Penang has attracted an impressive investment inflow in the industrial sector this year, with approved investments up to the third quarter (3Q) hitting RM22.6 billion.

GDA Stands Firm On RM11 Offer For MAHB Despite Directors' Rejection

KUALA LUMPUR, Dec 21 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA), the consortium proposing to privatise Malaysia Airports Holdings Bhd (MAHB), remains steadfast on its RM11 per share offer price, despite recommendations from independent directors to reject it.

Tentative Date For CAAM-Mavcom Merger Set, To Be Announced By Transport Ministry -- CAAM CEO

KUALA LUMPUR, Dec 20 (Bernama) -- The tentative date for the merger of the Civil Aviation Authority of Malaysia (CAAM) and the Malaysian Aviation Commission (Mavcom) has been set and will be revealed later by the Transport Ministry.

HLIB Recommends MAHB Shareholders To Accept Joint Offerors' Offer On MAHB Acquisition

KUALA LUMPUR, Dec 20 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has recommended Malaysia Airports Holdings Bhd’s (MAHB) shareholders to accept the offer made by the joint offerors to acquire the remaining ordinary shares in MAHB not already owned by them at a cash offer price of RM11 per offer share.

MAHB Records 11.2 Mln Passenger Movements In November, Nearing Pre-pandemic Levels

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) reported a total of 11.2 million passenger movements across its airport network in November 2024, reflecting a robust 16.1 per cent growth compared to November 2023 and reaching 96.7 per cent of pre-pandemic levels.

MOSTI, CRADLE UNVEIL STARTUP ASEAN TO PROMOTE STI WITHIN REGIONAL STARTUP ECOSYSTEM

KUALA LUMPUR, Dec 17 (Bernama) -- The Ministry of Science, Technology and Innovation (MOSTI) and Cradle Fund Sdn Bhd unveiled a digital platform, Startup ASEAN, with the aim to position the ASEAN member states as leading players in the global startup landscape.

FBM KLCI Review: 99 Speed Mart, Gamuda Replace Genting, Genting Malaysia In KLCI Constituent

KUALA LUMPUR, Dec 5 (Bernama) -- 99 Speed Mart Retail Holdings and Gamuda will replace Genting and Genting Malaysia as constituents of FTSE Bursa Malaysia KLCI.