ACE Market-Bound Fibromat Aims To Raise RM17.8 Mln From IPO

PETALING JAYA, April 11 (Bernama) -- Fibromat (M) Bhd, en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM17.8 million from its initial public offering (IPO).

Ringgit Remains Resilient Despite Uncertainties Due To US Tariffs - BNM

By Durratul Ain Ahmad Fuad and Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 10 (Bernama) -- Uncertainties in the foreign exchange market will continue to prevail until there is greater clarity on policy direction, particularly regarding the tariff lengths, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour. 

Reach Ten To Raise RM104 Mln From IPO To Expand Telecom Infrastructure

KUALA LUMPUR, April 9 (Bernama) -- Sarawak-based telecommunications provider Reach Ten Holdings Bhd is set to raise RM104 million through its initial public offering (IPO) ahead of its planned Main Market listing on May 2, 2025.

SumiSaujana Makes Lacklustre Debut On Ace Market

KUALA LUMPUR, April 9 (Bernama) -- SumiSaujana Group Bhd made a lacklustre debut on Bursa Malaysia’s ACE Market today amid the continuing global market uncertainty caused by a US-led tariff conflict.

OM Holding Units Secure US$304 Mln In Refinancing Through Syndicated Loan, Additional Facilities 

KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.

HI Mobility Optimistic Its Johor Free Bus Service Contract Will Be Extended

KUALA LUMPUR, March 28 (Bernama) -- HI Mobility Bhd said it is optimistic that its contract will be extended in the Bas Muafakat Johor (BMJ) initiative that is due to end this month.

KPJ Healthcare Sells Properties To Al-`Aqar REIT For RM241 Mln

KUALA LUMPUR, March 27 (Bernama) -- KPJ Healthcare Bhd’s wholly owned subsidiaries entered into two separate conditional sale and purchase agreements to dispose of properties to Al-’Aqar Healthcare REIT for RM241 million.

E&E Sector To Grow, Tracking Rising Demand For High-Precision Components

KUALA LUMPUR, March 26 (Bernama) -- The electrical and electronic (E&E) sector is expected to grow this year, driven by the rising demand for high-precision electronic components, said Chemlite Innovation Bhd.

Main Market-bound Cuckoo Malaysia Aims To Raise RM184.8 Mln From IPO

KUALA LUMPUR, March 26 (Bernama) -- Main Market-bound Cuckoo International (Mal) Bhd, the local unit of South Korean appliance maker Cuckoo Homesys Co Ltd, aims to raise RM184.8 million from its initial public offering (IPO).

AME Elite To Sell 3 Industrial Properties In Johor For RM100.8 Mln To AME REIT

KUALA LUMPUR, March 24 (Bernama) -- AME Elite Consortium Bhd has proposed to sell three industrial properties in Johor, totalling 3.579 hectares, to AME Real Estate Investment Trust (AME REIT) for RM100.8 million in a related party transaction.

Anti-money Laundering Among Main Breaches Of Regulations In 2024, RM18.9 Mln Penalties Imposed -- BNM

KUALA LUMPUR, March 24 (Bernama) -- Anti-money laundering and countering financial terrorism were among the most enforcement actions taken by Bank Negara Malaysia (BNM) in 2024, with total monetary penalties imposed on institutions amounting to RM18.9 million.

Qube Announces Inaugural Sea Healthcare And Pharma Conference 2025 In April

KUALA LUMPUR, March 21 (Bernama) -- Qube Integrated Malaysia Sdn Bhd, the organiser of SEACare 2025, has announced the inaugural SEA Healthcare and Pharma Conference 2025 taking place from April 23 to 25 at the Malaysia International Trade and Exhibition Centre (MITEC).