Paydibs Named Direct FPX Acquirer By PayNet

KUALA LUMPUR, July 28 (Bernama) -- Paydibs, a homegrown digital payments provider, has been officially onboarded as a direct third-party acquirer for the financial process exchange (FPX) by Payments Network Malaysia Sdn Bhd (PayNet), making it one of only 10 non-bank acquirers directly connected to PayNet’s FPX infrastructure.

Malaysia’s Straits Orthopaedics Acquires US Firm Medin Technologies 

KUALA LUMPUR, July 25 (Bernama) -- Straits Orthopaedics (Mfg) Sdn Bhd (Straits), a Malaysian-based contract manufacturer specialising in orthopaedic implants and surgical instruments, has acquired Medin Technologies Inc (Medin).

Multiply Group Makes Bold Leap Into Europe With 1.3 Bln Euros Acquisition Of Spain’s Tendam

KUALA LUMPUR, July 24 (Bernama) -- In a landmark European entry, Abu Dhabi’s Multiply Group has acquired a 67.91 per cent majority stake in Tendam, Spain’s second-largest apparel company, in a transaction valued at 5.6 billion UAE dirhams (1.3 billion euros) enterprise value. (1 Euro = RM4.95)

Sabah To Acquire 25 Pct Equity In Petronas ZLNG Facility - Hajiji

KOTA KINABALU, July 17 (Bernama) --  The Sabah government, through SMJ Energy Sdn Bhd has signed a head of agreement (HoA) with Petronas LNG Sdn Bhd to acquire 25 per cent equity stake in the US$3.1 billion (RM13.17 billion) nearshore floating liquefied natural gas (ZLNG) facility in Sipitang.

Deltatre To Acquire Endeavor Streaming, Creating End-To-End OTT Solutions Leader

KUALA LUMPUR, July 16 (Bernama) -- Deltatre, a global provider of streaming, digital, data, and graphics solutions for the sports, media and entertainment industries, has entered into a definitive agreement to acquire Endeavor Streaming from Endeavor Group Holdings Inc.

Chin Hin Buys 2.62 Hectares Of Land In Segambut For RM52 Mln

KUALA LUMPUR, July 15 (Bernama) -- Chin Hin Group Property Bhd has purchased 2.63 hectares of land in Segambut, Kuala Lumpur, for RM52 million.

Luxchem Buys Five Industrial Lands In Klang For RM45.6 Mln

KUALA LUMPUR, July 15 (Bernama) -- Luxchem Corporation Bhd, via its wholly-owned subsidiary Luxchem Trading Sdn Bhd (LTSB), has signed agreements to acquire five leasehold industrial plots in Mukim Kapar, Klang, for RM45.6 million.

LGMS To Acquire 27 Pct Stake In Antarex For RM22.68 Mln 

KUALA LUMPUR, July 9 (Bernama) -- Cybersecurity services provider LGMS Bhd has proposed to acquire a 27 per cent stake in Antares Holdings Sdn Bhd for RM22.68 million.

Malaysia Appreciates France's Support For Energy Transition Mission

From Arul Rajoo Durar Raj

PARIS, July 4 (Bernama) -- Malaysia appreciates France's support for the country's energy transition and economic transformation mission.

Sabah To Raise OGSE Contracts For Local Firms By 100 Per Cent This Year – Hajiji

KOTA KINABALU, July 3 (Bernama) -- The Sabah government, in collaboration with Petroliam Nasional Bhd (Petronas) and industry partners, has set a target to increase by 100 per cent the value of local contracts in the oil and gas services and equipment (OGSE) sector awarded to Sabah-based companies this year.

CCIB Unit To Buy Alpadis Trust (Labuan) For US$750,000

KUALA LUMPUR, July 1 (Bernama) -- CC International Bhd (CCIB), via its indirect wholly-owned subsidiary, Indah Secretarial (Penang) Sdn Bhd (ISPG), has entered into a share purchase agreement to acquire the entire issued shares of Alpadis Trust (Labuan) Ltd for US$750,000 (US$1=RM4.19).

Kerjaya Prospek Buys Land In Selangor For RM112.79 Mln

KUALA LUMPUR, July 1 (Bernama) -- Kerjaya Prospek Group Bhd will acquire three pieces of land in Selangor for RM112.79 million to increase land banks at strategic locations for future growth.