PIVB Maintains 'Outperform' Rating On AAX
KUALA LUMPUR, Oct 25 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its "outperform" rating on AirAsia X Bhd (AAX) supported by its robust demand in the third quarter of 2024 (3Q 2024).
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KWAP Invests RM219 Mln In Cyan Renewables To Boost Malaysia's Offshore Sector
KUALA LUMPUR, Oct 25 (Bernama) -- The Retirement Fund Inc (KWAP) has invested RM219 million for a minority stake in Cyan Renewables (Cyan), Asia's largest owner and operator of offshore support vessels.
AirAsia X Reports 34 Pct Growth In Passengers To 1.08 Million In 3q 2024
KUALA LUMPUR, Oct 24 (Bernama) -- AirAsia X Bhd carried 1.08 million passengers in the third quarter (3Q) of 2024, representing a 34 per cent year-on-year (y-o-y) increase, and delivered a strong passenger load factor of 84 per cent, up by four percentage points.
DXN Posts Lower 2Q Net Profit Of RM65.97 Mln
KUALA LUMPUR, Oct 24 (Bernama) -- DXN Holdings Bhd posted a lower net profit of RM65.97 million in the second quarter of the financial year 2025 (2Q FY2025) ended Aug 31, 2024, from RM76.02 million amid higher foreign exchange losses as well as elevated costs for employee benefit and shipping rates.
Capital A Could Benefit From Favourable Factors As It Undergoes Restructuring - PIVB
KUALA LUMPUR, Oct 24 (Bernama) -- Capital A Bhd is expected to benefit from favourable factors such as ringgit appreciation, robust air travel demand, and lower jet fuel prices amid its proposed restructuring plan, said Public Investment Bank Bhd (PIVB).
OrthoLite Taps Top Talents To Bolster Global Operations
KUALA LUMPUR, Oct 24 (Bernama) -- OrthoLite, the global leader of branded, high-performance, comfort footwear solutions, has appointed Raj Santhana as the new Vice President of Operational Excellence.
TDM Proposes RM1.5 Bln Sukuk Wakalah Programme Issuance
KUALA LUMPUR, Oct 23 (Bernama) -- TDM Bhd has proposed the issuance of a sukuk wakalah programme with a total programme limit of RM1.5 billion to enhance operational efficiency, support future investments, and meet its financial commitments in compliance with Shariah principles.
CIDB Calls On Construction Sector To Focus On Sustainable Method
KUALA LUMPUR, Oct 23 (Bernama) -- The construction sector has been urged to focus on sustainable methods, energy-efficient designs and the use of green materials to ensure that the industry thrives economically and contributes positively to the environment and society.
Capital A Proposes Capital Reduction Of Up To RM6 Bln
KUALA LUMPUR, Oct 23 (Bernama) -- Capital A Bhd has proposed to reduce its issued share capital by up to RM6 billion as part of a regularisation plan to exit its Practice Note 17 (PN17) status.
Xsolla Reaffirms Market Leadership With Over 400 Web Shops Launches
KUALA LUMPUR, Oct 23 (Bernama) -- Global video game commerce company Xsolla, has helped launch over 400 Web Shops, continuing to build on its success in the web shop industry with a comprehensive feature set.
MITI Finalising Sustainable Development Guidelines For Data Centres
KUALA LUMPUR, Oct 23 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) is finalising sustainable development guidelines for data centres.
TransNusa Partners With Three Malaysian Medical Centres For Passenger Healthcare
KUALA LUMPUR, Oct 23 (Bernama) -- Indonesian airline, PT TransNusa Aviation Mandiri (TransNusa) has signed agreements with Sunway Medical Centre and Asia OneHealthCare to provide its passengers with additional healthcare options and expand its operations into the medical tourism industry.