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TH Plantations Net Profit Rises To RM75.18 Mln In FY2024, Declares 50 Pct Higher Dividend

KUALA LUMPUR, Feb 28 (Bernama) -- TH Plantations Bhd (THP) posted a higher net profit of RM75.18 million in the financial year ended Dec 31, 2024 (FY2024), versus RM46.62 million in the previous year, on the back of an increase in operating profit.

Sabah Company Partners Schlumberger For Greater Participation In O&G Sector

LABUAN, Feb 28 (Bernama) -- Nawie Oilfield Services Sdn Bhd (NOS) has signed a memorandum of understanding (MoU) with Schlumberger Malaysia Sdn Bhd (SLB) to enhance its participation in Sabah’s oil and gas (O&G) industry.

Toshiba Unveils AEC-Q100 Compliant Automotive Standard Digital Isolators

KUALA LUMPUR, Feb 28 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched its first lineup of four-channel high-speed standard digital isolators for automotive applications, with shipments having commenced.

Singapore's Black Group To Develop S$100 Mln Medical Hotel In Malaysia, Eyes September Launch

KUALA LUMPUR, Feb 27 (Bernama) -- Singapore-based Black Group Investment Holding is investing S$100 million (RM331.45 million) to develop a state-of-the-art medical and hospitality facility in Kuala Lumpur’s Golden Triangle, with operations targeted to begin in September.

Berjaya Corp Net Loss Narrows To RM88.68 Mln In 2Q FY2025

KUALA LUMPUR, Feb 27 (Bernama) -- Berjaya Corporation Bhd’s net loss for the second quarter (2Q) of the financial year ended Dec 31, 2024 (FY2025), narrowed to RM88.68 million from RM120.77 million last year.

Press Metal, Bintulu Development Authority Ink MoU On Solar Frame Extrusion Project

KUALA LUMPUR, Feb 27 (Bernama) -- Press Metal Aluminium Holdings Bhd has signed a memorandum of understanding (MoU) with Bintulu Development Authority for a proposed joint venture (JV) related to a solar frame extrusions facility to be located in Bintulu, Sarawak.

KNM Group Disposes Of Entire Stake In DKNM To Japan's NGK For RM1.24 Bln

KUALA LUMPUR, Feb 27 (Bernama) -- KNM Group Bhd, through wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS), has entered into a conditional sale, purchase and transfer agreement with Japan-based NGK Insulators Ltd for the proposed disposal of its entire equity interest in Deutsche KNM GmbH (DKNM) for 270 million euros (about RM1.24 billion).

Turing Secures US$14 Mln To Expand AI-driven Water Management Solutions

KUALA LUMPUR, Feb 27 (Bernama) -- Turing, a leader in artificial intelligence (AI)-driven water management solutions, has successfully raised US$14 million in a funding round led by Safar Partners. (US$1=RM4.42)

Mavenir Powers O2 Telefónica's Transition To Cloud-Native IMS

KUALA LUMPUR, Feb 27 (Bernama) -- Mavenir has announced the extension of its long-term partnership with Telefónica, signing a new five-year contract to transition O2 Telefónica Germany from Mavenir’s virtualised IMS (vIMS) to Cloud-Native IMS solution.

RHB Bank's Net Profit Surges To RM3.12 Bln In FY2024

KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.

Nambawan Super Goes Live With SmartStream’s AI-driven Air Solution

KUALA LUMPUR, Feb 27 (Bernama) -- SmartStream Technologies, the financial transaction lifecycle management (TLM) and solutions provider, announced that Nambawan Super Limited (NSL), Papua New Guinea's largest superannuation company, has successfully implemented SmartStream’s Air application for artificial intelligence (AI) data processing, enhancing data accuracy and operational efficiency.

Hytera To Unveil HyTalk PTToC Platform At MWC25, Revolutionising Communication For Critical Industries 

KUALA LUMPUR, Feb 27 (Bernama) -- Hytera Communications, a global leader in professional communications technologies and solutions, will showcase its Push-to-Talk over Cellular (PoC or PTToC) solution, the Hytera HyTalk PoC Platform, at Mobile World Congress 2025 (MWC25) in Barcelona on March 3 to 6.