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IHH Healthcare’s 1Q Net Profit Rises To RM528 Mln

KUALA LUMPUR, May 26 (Bernama) -- IHH Healthcare Bhd posted a net profit of RM528 million for the first quarter (1Q) ended March 31, 2026, up 2.7 per cent from RM514 million in the same quarter last year.

Petronas To Assume Full Ownership of Prefchem

KUALA LUMPUR, May 25 (Bernama) -- Petronas announced today that its subsidiary, Petronas Refinery and Petrochemical Corporation Sdn Bhd, is set to acquire the stake held by Saudi Arabian Oil Company (Aramco) in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor.

Stoneshield Capital To Increase Stake In Exolum To 20 Pct

KUALA LUMPUR, May 25 (Bernama) -- Stoneshield Capital, a European real assets investment firm, has signed an agreement to acquire a 15 per cent stake in Exolum from OMERS, building on its existing investment in the company.

AIFA To Acquire Controlling Stake In HyalRoute For About US$2.31 Bln

KUALA LUMPUR, May 25 (Bernama) -- All In FutureTech Alliance Inc (AIFA) announced plans to acquire a 57.67 per cent controlling stake in HyalRoute Fiber-Optic Communication Group (HyalRoute) in a transaction valued at about US$2.31 billion. (US$1=RM3.96)

KWAP Emerges As Substantial Shareholder In Aeon Co

KUALA LUMPUR, May 22 (Bernama) -- Retirement Fund Inc, better known as Kumpulan Wang Persaraan Diperbadankan (KWAP), has emerged as a substantial shareholder in Aeon Co (M) Bhd after acquiring more than 1.56 million shares in the company.

Hektar REIT Proposes RM125 Mln Deal To Acquire, Lease International School

KUALA LUMPUR, May 22 (Bernama) -- Hektar Real Estate Investment Trust (Hektar REIT) has proposed to acquire the leasehold interest in 2.43 hectares in Setapak, Kuala Lumpur, together with a private school known as KYS KL East International School (KYSKLEIS) on it, for a purchase consideration of RM125 million.

Marquee Brands To Acquire Majority Stake In Roberto Cavalli

KUALA LUMPUR, May 21 (Bernama) -- Marquee Brands, the premier global brand management company, has announced a definitive agreement to acquire a majority interest in Roberto Cavalli through a strategic partnership with Dubai-based DAMAC Group.

I Squared Capital Launches India Power Transmission Platform

KUALA LUMPUR, May 21 (Bernama) -- I Squared Capital (I Squared), a global infrastructure investment manager, has launched Cube Grid, a power transmission platform targeting India's expanding electricity grid.

Malaysia Builds Rail Talent Through ECRL Training In China

From Norsyafawati Ab Wahab

LIUZHOU (China), May 20 (Bernama) -- The East Coast Rail Link (ECRL) Industrial Skills Training Programme (PLKI-ECRL), conducted at Liuzhou Railway Vocational Technical College (LRVTC), is helping Malaysia develop a skilled workforce for the rail industry.

Primer Secures US$100 Mln Funding For AI, US Expansion

KUALA LUMPUR, May 20 (Bernama) -- Primer, the unified infrastructure for global payments, has secured a US$100 million Series C funding round as it expands its artificial intelligence (AI)-enabled operating layer for global payments and finance. (US$1=RM3.97)

Mobix Labs Moves Into Rare Earths With Proposed SPD Acquisition

KUALA LUMPUR, May 15 (Bernama) -- Mobix Labs Inc has signed a non-binding Letter of Intent to acquire Special Project Delivery LLC (SPD), a strategic infrastructure platform focused on building sovereign United States (US) supply chains for rare earth elements, critical minerals, and energy storage.

PayDibs Strengthens PayNet Ecosystem Participation With Direct Duitnow QR Access

KUALA LUMPUR, May 12 (Bernama) -- Paydibs Sdn Bhd has onboarded as a direct participant with Payments Network Malaysia (PayNet) for DuitNow QR (DNQR) acceptance, marking a significant upgrade for the payment service provider's infrastructure.