There are 272 news based on search keyword " proceeds"

Unauthorised Transactions Limited To A Few Brokers, Losses Contained -- Bursa Malaysia

KUALA LUMPUR, April 27 (Bernama)  -- Bursa Malaysia Bhd, in close consultation with the Securities Commission Malaysia (SC), today clarified that the losses resulting from the incidents of unauthorised access and trading activities executed on April 24, 2025, have been identified and contained.

ACE Market-bound Oasis Home Aims To Raise RM28 Mln From IPO

KUALA LUMPUR, April 25 (Bernama) -- ACE Market-bound Oasis Home Holding Bhd, an omni-channel consumer lifestyle products marketer and seller, aims to raise RM28 million from its initial public offering (IPO) ahead of its scheduled listing on May 28, 2025.

Southern Steel To Sell 55 Pct Stake In Subsidiary To BRC Asia For RM61.05 Mln

KUALA LUMPUR, April 22 (Bernama) --  Southern Steel Bhd (SSB) has agreed to sell a 55 per cent stake in wholly owned subsidiary Southern Steel Mesh Sdn Bhd (SSM) to Singapore-based BRC Asia Ltd for RM61.05 million cash in a related party transaction.

TMD Energy Debuts On NYSE American, First Malaysian Bunker Supplier To Do So

KUALA LUMPUR, April 22 (Bernama) -- Integrated marine bunkering services provider TMD Energy Ltd began trading on the NYSE American under the ticker symbol “TMDE”, becoming the first Malaysian marine bunker supplier to list on a major US exchange.

Main Market-Bound Reach Ten's IPO Oversubscribed By 1.85 Times

KUALA LUMPUR, April 22 (Bernama) -- The public portion of Sarawak-based telecommunications company Reach Ten Holdings Bhd's initial public offering (IPO) has been oversubscribed by 1.85 times, ahead of its scheduled listing on the Main Market of Bursa Malaysia on May 2, 2025. 

SkyWorld Development To Buy KL Land For RM110 Mln

KUALA LUMPUR, April 16 (Bernama) -- SkyWorld Development Bhd’s wholly owned subsidiary Rimba Maju Realiti Sdn Bhd (RMRSB) will buy 1.23 hectare freehold land at Tempat Sungei Teba, Mukim Batu, Kuala Lumpur for RM110 million from MS Tan Corporation Sdn Bhd.

MSB Global Makes Ace Market Debut, Eyes Regional Growth, US Tariff Minimal Impact

KUALA LUMPUR, April 15 (Bernama) -- MSB Global Group Bhd said US tariffs will have a minimal impact on its business operations as the company’s supply chain and market focus remain primarily within Asia.

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.