Axis-REIT Raises RM449.73 Mln Via Largest Private Placement To Date

KUALA LUMPUR, Oct 30 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) has raised RM449.73 million through its largest private placement.

ACE Market-Bound Supreme Consolidated Aims To Raise RM17.5 Mln From IPO

KUALA LUMPUR, Oct 28 (Bernama) -- Supreme Consolidated Resources Bhd (SCRB) which is transferring its listing from the LEAP Market to the ACE Market of Bursa Malaysia, aims to raise RM17.5 million through the initial public offering (IPO).

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.

Malaysia's Courier Market Expected To Hit US$1.58 Bln In 2025 - Teo

KUALA LANGAT, Oct 23 (Bernama) -- Malaysia’s courier, express, and parcel market is expected to reach US$1.58 billion (US$1=RM4.32) next year, driven by rising e-commerce demand and infrastructure improvements, said Deputy Communication Minister Teo Nie Ching. 

Main Market-bound Life Water Eyes Sarawak, Brunei Markets With RM63.42 Mln IPO

By Fatin Umairah Abdul Hamid

KOTA KINABALU, Oct 22 (Bernama) -- Sabah beverage manufacturer Life Water Bhd plans to use the proceeds of its upcoming listing on the Main Market of Bursa Malaysia to expand into Sarawak and Brunei.

Budget 2025 Set To Further Strengthen Malaysia's Semiconductor Industry, Says Association

KUALA LUMPUR, Oct 20 (Bernama) -- Malaysia's semiconductor industry is set to further solidify with various commendable initiatives outlined under Budget 2025, including the Supply Chain Resilience Initiative and the New Investment Incentive Framework.

Petroleum-related Revenue Set to Drop Further to RM62 Bln In 2025 -- MoF Report

KUALA LUMPUR, Oct 18 (Bernama) -- Petroleum-related revenue is expected to register a lower collection of RM62 billion, accounting for 18.3 per cent of the federal government's total revenue in 2025.

Strong Economic Fundamentals, Ringgit Appreciation Boost Investor Confidence - MoF

KUALA LUMPUR, Oct 18 (Bernama) — Malaysia’s strong economic fundamentals and favourable growth prospects will enable the country to attract high-quality investments and position Malaysia as a preferred destination for investors.

Main Market-bound Azam Jaya Bhd Aims To Raise RM61.5 Mln From IPO

KUALA LUMPUR, Oct 18 (Bernama) – Sabah-based major road infrastructure construction player, Azam Jaya Bhd aims to raise RM61.5 million from its initial public offering (IPO), pursuant to its listing on the Main Market of Bursa Malaysia on Nov 11, 2024.

EY: Central Bank Policies, Geopolitics To Impact Global IPO Market For Rest Of 2024

KUALA LUMPUR, Oct 17 (Bernama) -- The global initial public offering (IPO) market is projected to be influenced by central bank policies, geopolitical development and key election outcomes for the remainder of 2024, said Ernst & Young Consulting Sdn Bhd (EY). 

AirAsia X Shareholders Approves Acquisition Of Capital A's RM6.8 Bln Aviation Business

KUALA LUMPUR, Oct 16 (Bernama) -- AirAsia X Bhd’s (AAX) shareholders have approved and expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the aviation business within AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for RM6.8 billion.

Northeast Group Seeks More Details From Govt On NSS Initiatives In Budget 2025

KUALA LUMPUR, Oct 15 (Bernama) -- ACE Market debutant Northeast Group Bhd has urged the government to provide more details on the National Semiconductor Strategy (NSS) as it seeks a clearer understanding of how the government plans to assist industry players in the upcoming Budget 2025.