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Sunway Malls Projects 5 Pct Growth For 2024

KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia’s largest mall owner-operator Sunway Malls expects to garner five per cent growth this year, driven by a strong performance in the first half of 2024 and the re-opening of an asset enhancement initiative, Oasis, in Sunway Pyramid.

Ecoworld Malaysia Inks Deal To Acquire Land In Selangor For RM742.4 Mln

KUALA LUMPUR, Nov 7 (Bernama) -- Eco World Development Group Bhd (EcoWorld Malaysia) has announced that, following its participation in a request for proposal process initiated by Boustead Properties Bhd (BProp), it has inked several agreements to develop 10 parcels of freehold land in Selangor.  

Gagasan Nadi Cergas To Acquire Student Hostel Asset Management For RM185 Mln

KUALA LUMPUR, Nov 5 (Bernama) -- Gagasan Nadi Cergas Bhd has proposed the strategic acquisition of a student hostel asset management concession valued at RM185 million.

IHH Completes Acquisition Of Island Hospital In Penang For Nearly RM4 Bln

KUALA LUMPUR, Nov 4 (Bernama) -- IHH Healthcare Bhd (IHH) has completed the acquisition of Island Hospital, a 600-bed facility in Penang, for an equity consideration of about RM3.9 billion.

Khazanah, PNB Clarify Their Divestment From FashionValet

KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.

EPIC, Qaswa To Explore Partnership In Brunei's Maritime, O&G Industries

From Danni Haizal Danial Donald

BANDAR SERI BEGAWAN, Nov 1 (Bernama) -- Terengganu state-linked company Eastern Pacific Industrial Corporation Bhd (EPIC) has signed a letter of intent (LOI) with Brunei-based Qaswa Holdings Sdn Bhd (Qaswa) for a partnership in the Brunei Maritime Cluster, involving its integrated marine maintenance and decommissioning facility in particular.

Swedish Firms Supporting Malaysia’s Green Transition With Sustainable Investments

By Kisho Kumari Sucedaram & Mikhail Raj Abdullah

KUALA LUMPUR, Oct 31 (Bernama) – Top Swedish firms that have been investing in Malaysia’s industrial development since the nation achieved its independence are lending their expertise in the country’s green economy transition by focusing on the sustainability agenda.

Khazanah, PNB Secure RM3.1 Mln From Fashionvalet Share Sale – MoF

KUALA LUMPUR, Oct 29 (Bernama) -- Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB) received RM3.1 million from the sale of their shares in Fashion Valet Sdn Bhd (FashionValet), the Ministry of Finance (MoF) said on Monday.

Govt Will Ensure Youth Access To Jobs, No Region Is Underserved - Tengku Zafrul

KUALA LUMPUR, Oct 26 (Bernama) -- The government is committed to ensuring that youths have access to jobs which commensurate with their training and that no region is underserved in terms of digital exposure. 

EIG’s MidOcean Energy Wraps Up Stake Purchase In Peru LNG

KUALA LUMPUR, Oct 25 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced the completion of its previously announced agreement to acquire an additional 15 per cent interest in Peru LNG (PLNG) from Hunt Oil Company (Hunt).

Govt To Continue Promoting 5G Usage As Malaysia Prepares For ASEAN Chairmanship - Anwar

KUALA LUMPUR, Oct 18 (Bernama) -- The government will continue to promote the use of 5G, especially to encourage its applications in various industries as Malaysia prepares for its ASEAN chairmanship in 2025.

Budget 2025: Call For Government To Address Labour Shortage In Automotive, EV Technology

KUALA LUMPUR, Oct 16 (Bernama) -- Additional funding should be allocated to the Ministry of Transport (MOT) in the upcoming Budget 2025 for electric vehicle (EV) skills training to attract interest and address the current workforce shortage in the automotive sector, particularly in EV technology.