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GLICs Reiterate Commitment To Support MADANI Economy Framework

JOHOR BAHRU, Sept 30 (Bernama) -- Malaysia’s government-linked investment companies (GLICs) reiterated their joint commitment to support the MADANI Economy framework through targeted capital deployment in high-growth, high-value sectors.

Malaysia-designed Thada EV Motorcycles Rev Up Market Momentum in Cambodia

From Vijian Paramasivam

PHNOM PENH, Sept 30 (Bernama) --  Malaysia-owned MCLS Synergy Co. Ltd is aspiring to expand its share in Cambodia's growing green transportation system with its Thada brand electric motorcycles.

Bursa Malaysia Ends Morning Session Lower

By Zarul Effendi Razali

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia ended the morning session lower today, in line with the weaker performance in the regional markets due to the geopolitical concerns in the Middle East, said an analyst.

Economist Hopes For Improvements To International Trade Policies In Budget 2025

By Zarul Effendi Razali

KUALA LUMPUR, Sept 29 (Bernama) -- An economist hopes the government will announce initiatives to improve Malaysia’s international trade policies, especially within the ASEAN region, when tabling Budget 2025 as part of the efforts to spur further economic growth.

Bintai Kinden Proposes Regularisation Plan To Exit PN17 Status

KUALA LUMPUR, Sept 27 (Bernama) — Bintai Kinden Corporation Bhd (BKCB) has announced a proposed regularisation plan to exit its Practice Note 17 (PN17) status and ensure long-term sustainability.

Sarawak Will Not Interfere In Affin Bank Operations - Abang Johari

KUCHING, Sept 27 (Bernama) -- The state government will not interfere in the business operations of Affin Bank, despite becoming its largest shareholder, said Sarawak Premier Tan Sri Abang Johari Tun Openg.  

Sarawak Becomes Largest Shareholder In Affin Bank With 31.25 Pct Stake

KUALA LUMPUR, Sept 27 (Bernama) -- The Sarawak state government, through its wholly-owned subsidiary, SG Assetfin Holdings Sdn Bhd, has finalised the share purchase agreement (SPA) of Affin Bank shares from Lembaga Tabung Angkatan Tentera (LTAT) and Boustead Holdings Bhd.

Bursa Malaysia Ends Lower On Profit-taking Amid Mixed Regional Performance 

By Karina Imran

KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia saw another pullback at the close on Friday, largely due to profit-taking in selected heavyweight counters amid a mixed regional performance, said an analyst. 

ACE Market-bound OB Holdings Aims To Raise RM28.8 Mln From IPO

KUALA LUMPUR, Sept 27 (Bernama) -- OB Holdings Bhd (OB Holdings) aims to raise RM28.8 million from its initial public offering (IPO), pursuant to its listing on the ACE Market of Bursa Malaysia on Oct 29.

Energy Counters Drag Bursa Malaysia Lower At Midday Break As Oil Price Falls

By Karina Imran

KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia fell deeper into the red at the midday break as a big drop in crude oil prices likely weighed on energy counters, said an analyst.

Malaysian Data Centre Market To Further Expand On Demand Surge - CBRE

ISKANDAR PUTERI, Sept 27 (Bernama) -- The data centre market in Malaysia is growing rapidly and will continue to expand further as the current supply of data centres in the country is still insufficient to cater for the increasing demand, according to CBRE Group Inc.

AirAsia Will Continue Seeking License To Operate In Singapore

KUALA LUMPUR, Sept 26 (Bernama) — AirAsia will not give up on securing a license to operate in Singapore, despite having been rejected three times, said Capital A chief executive officer, Tan Sri Tony Fernandes.