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KUALA LUMPUR, May 13 (Bernama) -- OM Holdings Ltd’s (OMH) wholly owned subsidiary OMH (Mauritius) Corp (OM Mauritius) has entered into a conditional binding agreement with Exxaro Resources Ltd to sell its entire 26 per cent interest in Ntsimbintle Mining Proprietary Ltd (NMPL) for about US$101.4 million (US$1=RM4.32).
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KUALA LUMPUR, May 9 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE), with a stable outlook.
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KUALA LUMPUR, May 9 (Bernama) -- Asset Value Investors Ltd (AVI) has launched a campaign urging Wacom Corporation (Wacom) to improve its responsiveness to capital market expectations and announced the submission of shareholder proposals ahead of Wacom’s annual general meeting (AGM) scheduled for June.
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KUALA LUMPUR, May 7 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) has received unitholder approval to acquire two landmark hospitality assets, Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), in a RM480 million yield accretive transaction that strengthens the REIT’s long-term performance and reinforces its presence within Bukit Bintang.
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KUALA LUMPUR, May 5 (Bernama) -- Tan Chong Motor Holdings Bhd has inked an investment commitment agreement with SAIC GM Wuling Automobile Co Ltd (SGM Wuling) to introduce the TQ WULING car brand to Malaysia.
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KUALA LUMPUR, May 5 (Bernama) -- Malaysia-based technology company Nuren Group Ltd (Nuren) plans to list on the Nasdaq Stock Exchange in the United States (US).
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KUALA LUMPUR, May 2 (Bernama) -- Planning consent has been granted for the next phase of Battersea Power Station’s regeneration in London, a key milestone in the 16.99-hectare (42-acre) development.
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KUALA LUMPUR, April 29 (Bernama) -- EBC Financial Group (EBC) has announced the renewal of its global partnership with the United Nations Foundation’s United to Beat Malaria campaign as the world observes World Malaria Day 2025 under the theme “Malaria Ends With Us: Reinvest, Reimagine, Reignite”.
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KUALA LUMPUR, April 28 (Bernama) -- The global pursuit of sustainable energy solutions gained significant momentum this year as the TERA-Award recorded its highest participation since inception, with 785 entries from 76 countries and regions.
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KUALA LUMPUR, April 28 (Bernama) -- Global provider of productised services, eClerx Services Ltd, has announced the opening of a new delivery centre in Lima, Peru, as part of its strategic expansion to enhance digital service capabilities for global clients.
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BEIJING, April 28 (Bernama) -- The completion of the East Coast Rail Link (ECRL) project by the end of 2027 under the Belt and Road Initiative (BRI) is poised to unlock the development potential of Peninsular Malaysia’s east coast, home to the Kuantan Industrial Park, while attracting more Chinese investments.
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KUALA LUMPUR, April 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH).