Keyfield International Cautiously Optimistic For FY2025 Amid Macroeconomic Headwinds

By Siti Radziah Hamzah

KUALA LUMPUR, May 19 (Bernama) – Keyfield International Bhd, an offshore support vessel (OSV) provider, is adopting a cautiously optimistic outlook for the financial year ending December 31, 2025 (FY2025), despite a slower-than-usual start to the year and broader macroeconomic uncertainties.

GE Aerospace Eyes Further Expansion In Malaysia, Asia Pacific

From Kisho Kumari Sucedaram 

BEIJING, May 19 (Bernama) – GE Aerospace plans to further expand its operations in Malaysia and across the Asia Pacific region as it strengthens its maintenance, repair, and overhaul (MRO) capabilities to meet rising global aviation demand.

Gamuda's Unit Acquires 148-hectare Land In Selangor For RM248.7 Mln

KUALA LUMPUR, May 16 (Bernama) -- Gamuda Bhd’s wholly-owned subsidiary Gamuda Land (T12) Sdn Bhd is acquiring a 148.11-hectare land parcel in Kuala Langat, Selangor, for a total consideration of RM248.7 million.

Anaqua Acquires RightHub In Push For Global Growth

KUALA LUMPUR, May 16 (Bernama) -- Anaqua, an innovation and intellectual property (IP) management technology provider, has announced its acquisition of RightHub, an IP management software and services provider, to accelerate global growth.

Aucnet Acquires SG e-Auction To Bolster Luxury Resale Business In ASEAN, Oceania

KUALA LUMPUR, May 15 (Bernama) -- Aucnet Inc (Aucnet), a Tokyo-based circular market design company, has announced the full acquisition of its Singapore joint venture, SG e-Auction Pte Ltd (SG e-Auction), as part of its strategic push to expand its global resale network in ASEAN and Oceania.

Capillary To Expand Global Loyalty Footprint With Kognitiv Deal 

KUALA LUMPUR, May 15 (Bernama) -- Capillary Technologies, an artificial intelligence (AI)-powered loyalty management firm, has acquired Kognitiv, a provider of omnichannel loyalty solutions, in a move to strengthen its global footprint and expand its presence in the North American market.

Sunway REIT Posts Higher 1Q Net Profit Of RM104.32 Mln

KUALA LUMPUR, May 14 (Bernama) -- Sunway Real Estate Investment Trust (REIT) recorded a higher net profit of RM104.32 million for the first quarter of 2025 (1Q 2025) ended March 31, 2025, compared to RM86.98 million in the same quarter a year ago.

CelcomDigi, MoF Inc, YTL, Maxis & DNB Sign Revised Agreement On DNB Shareholding Structure

KUALA LUMPUR, May 13 (Bernama) -- A significant restructuring in the shareholding of Digital Nasional Bhd (DNB) has been confirmed through a newly signed Letter of Variation dated today, altering key terms in the previously agreed shareholders agreement on June 28, 2024. 

Xsolla To Power Social Quests, Unlock Monetisation With Ludo Acquisition

KUALA LUMPUR, May 9 (Bernama) -- Xsolla, a global leader in video game commerce, has acquired Ludo, a platform designed to drive community engagement through code-free social quests.

NTT DATA Payment Services Launches Integrated Payment Solutions 'ADAPTIS'

KUALA LUMPUR, May 8 (Bernama) -- NTT DATA Payment Services has launched a comprehensive suite of integrated payment solutions designed to meet the evolving needs of modern businesses known as ADAPTIS.

Pavilion REIT Unitholders Approve RM480 Mln Hospitality Acquisition

KUALA LUMPUR, May 7 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) has received unitholder approval to acquire two landmark hospitality assets, Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), in a RM480 million yield accretive transaction that strengthens the REIT’s long-term performance and reinforces its presence within Bukit Bintang.

CIMB Bank To Purchase 16 Properties From EPF For RM210 Mln

KUALA LUMPUR, May 2 (Bernama) -- CIMB Group Holdings Bhd’s wholly-owned subsidiary CIMB Bank Bhd will purchase 16 properties from the Employees Provident Fund (EPF) for a total cash consideration of RM209.81 million.