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LTAT Declares 5.25 Pct Distribution, RM514.2 Mln, A 7-year High

KUALA LUMPUR, March 27 (Bernama) -- The Armed Forces Fund Board (LTAT) has announced a 5.25 per cent total payout for 2024, comprising a five per cent dividend and a 0.25 per cent bonus, its highest in seven years.  

EPIC Aims To Continue Expanding Renewable Energy Business

KUALA LUMPUR, March 27 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a subsidiary of the Terengganu state government, aims to continue expanding its renewable energy (RE) business, including the installation and maintenance of solar farms and rooftop solar projects.

Gamuda Hits All-time High RM36 Bln Order Book In 2Q FY2025, Four-year Record Streak

KUALA LUMPUR, March 26 (Bernama) -- Gamuda Bhd has achieved an all-time high in its construction order book, recording RM36 billion for the second quarter of the financial year ending Jan 31, 2025 (2Q FY2025), breaking records for four consecutive years.

Alliance Bank Report: 79 Pct Of MSMEs Expect Revenue Growth In 2025, Despite Cost Pressures

KUALA LUMPUR, March 26 (Bernama) -- The Alliance Bank MSME Business Outlook Report 2025 revealed that 79 per cent of Malaysian micro, small, and medium enterprises (MSMEs) anticipate revenue growth in 2025, driven by strong domestic demand and accelerated digital adoption.

Xsolla Kicks Off JOIN Program To Empower LATAM Game Developers

KUALA LUMPUR, March 26 (Bernama) -- Xsolla, a global video game commerce company, has expanded its commitment to Latin American (LATAM) game development with the launch of the Journey of Indies (JOIN) Program.

CAB Cakaran Opens 15th Outlet In Penang, Plans 100 More In The Next Decade

GEORGE TOWN, March 26 (Bernama) -- One of Malaysia's largest food producers, CAB Cakaran Corporation Bhd, has expanded its retail footprint with the opening of its 15th medium-sized supermarket, Home Mart Fresh & Frozen Sdn Bhd, in Sri Rambai, Bukit Mertajam.

ITMAX Bags RM30.2 Mln Video Surveillance Contract In Pengerang

KUALA LUMPUR, March 26 (Bernama) -- ITMAX System Bhd’s subsidiary, Southmax Sdn Bhd, has secured a video surveillance contract worth RM30.2 million from the Pengerang Municipal Council for the installation of a closed-circuit camera system with artificial intelligence (AI) features and the establishment of a smart integrated operations centre.

Axiata, Sinar Mas Get Shareholders Nod On XLSMART Merger

KUALA LUMPUR, March 26 (Bernama) -- Axiata Group Bhd and Sinar Mas announced that shareholders of PT XL Axiata Tbk, PT Smartfren Telecom Tbk, and PT Smart Telcom (SmartTel) have formally approved the merger of the three companies into XLSMART.

Astro Net Profit Surges Over Threefold To RM129.15 Mln In FY2025

KUALA LUMPUR, March 25 (Bernama) -- Astro Malaysia Holdings Bhd’s net profit for the financial year ended Jan 31, 2025 (FY2025) surged over threefold to RM129.15 million from RM36.88 million in the previous year. 

Amata Corp Expects Industrial Land Sales To Rise 15 Pct In 2025

BANGKOK, March 25 (Bernama) -- Amata Corporation PCL, Thailand's leading industrial estate developer, expects a 15 per cent increase in industrial land sales in 2025, driven by its new project in Laos and sustained investor demand in Thailand and Vietnam.

Mongolian Mining Hits Record US$1.0399 Bln Revenue For  FY2024

KUALA LUMPUR, March 25 (Bernama) -- Mongolian Mining Corporation (MMC) reported its financial results for the year ending Dec 31, 2024 (FY2024) with record-high revenue of US$1.0399 billion, slightly up from US$1.038 billion in 2023. (US$1=RM4.43)

Omnissa Revamped Partner Programme To Boost Growth, Innovation In Digital Workspaces

KUALA LUMPUR, March 25 (Bernama) -- Digital work platform company, Omnissa has introduced the Omnissa Partner Program, a restructured initiative designed to accelerate partner growth, simplify the path to success, and streamline collaboration with the company.