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Capital A To Issue Internal Targets Alongside Quarterly Results

KUALA LUMPUR, Feb 24 (Bernama) -- Capital A Bhd will issue internal targets along with its quarterly financial results in order to give shareholders and the investment community a clearer understanding of the company’s financial outlook.

Radium Group to Buy Three Land Parcels For RM458 Mln

KUALA LUMPUR, Feb 24 (Bernama) -- Radium Development Bhd’s wholly owned indirect subsidiary, Radium J Velodrome Sdn Bhd (RVSB), has proposed to acquire a mixed-use land parcel and two commercial land parcels for RM458 million.  

Malaysia Embassy, MATRADE Miami Collaborate With Cuba To Expand Trade Opportunities

KUALA LUMPUR, Feb 24 (Bernama) -- The Malaysian Embassy in Havana, in collaboration with Malaysia External Trade Development Corporation (MATRADE) in Miami, aims to collaborate with Cuba’s Ministry of foreign trade and foreign investment (MINCEX) to expand trade and investment opportunities.

AM Best Affirms Himalayan Reinsurance Credit Ratings With Stable Outlook

KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a stable outlook.

EPMB, China’s Sanly And Jujin To Localise Proton Saga MC3 Parts

KUALA LUMPUR, Feb 24 (Bernama) -- EP Manufacturing Bhd (EPMB) has signed joint venture agreements with China-based Sanly and Jujin to localise the production of key automotive components for the Proton Saga MC3.

Analysts Upbeat On MISC Cite Strong Cash Flow

KUALA LUMPUR, Feb 24 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on MISC Bhd, citing its steady operating cash flow and solid balance sheet, which position it well to pursue growth opportunities in the floating production storage and offloading (FPSO) market.

Petronas Chemicals Drops 8.69 Pct On Lower FY2024 Profit

KUALA LUMPUR, Feb 24 (Bernama) -- Petronas Chemicals Group Bhd (PCG) shares fell in early trade on Bursa Malaysia after reporting a lower net profit for the financial year ended Dec 31, 2024 (FY2024).

Net Purchases In Domestic Equities By Local Institutions Rise To RM194.2 Mln - MIDF

KUALA LUMPUR, Feb 24 (Bernama) -- Local institutions continued to support Bursa Malaysia with net purchases totalling RM194.2 million in domestic equities last week, compared with net purchases of RM77.9 million in the week ended Feb 14.

12th Working Group-ASEAN Economic Community Meeting Concludes After 2 Days

KOTA TINGGI, Feb 23 (Bernama) -- The 12th Working Group-ASEAN Economic Community (WG-AEC) Meeting concluded today after convening for two days at the Desaru Coast Conference Centre, near here.

Chery To Build Smart Auto Industrial Park In Hulu Selangor

SHAH ALAM, Feb 23 (Bernama) -- Legenda Beringin Holding Sdn Bhd and Chery Corporate Malaysia Sdn Bhd signed an agreement to develop the Chery Smart Auto Industrial Park at Beringin High Tech Auto (Beringin HTA) Valley, Hulu Selangor today.

Economic Recovery, People's Capabilities Among Factors Attracting Foreign Investors - PM Anwar

PUTRAJAYA, Feb 23 (Bernama) -- Rapid economic recovery and resilience, as well as the people’s capabilities to help the country progress, have become attractive factors for foreign investors to come to Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

Penang's Investment Mission To Japan Bolsters Trade And Tech Collaborations

GEORGE TOWN, Feb 23 (Bernama) -- Penang’s six-day investment promotion mission to Japan has enhanced trade and investment linkages while reinforcing the state's position as a key hub for high-tech industries.