XOX MD Appointed Chairman Of Hong Kong-Based Nexion Technologies
KUALA LUMPUR, May 14 (Bernama) -- XOX Bhd’s managing director Datuk Kenneth Vun has been appointed chairman at Nexion Technologies Ltd effective May 12, 2025.
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OM Holdings Sells 26 Pct Interest In NMPL For US$101.4 Mln
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).
AM Best Affirms Vietnam National Reinsurance Corporation Credit Ratings
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.
AVI Calls For Governance Reforms At Wacom, Tables Shareholder Proposals
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.
Pavilion REIT Unitholders Approve RM480 Mln Hospitality Acquisition
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.
Tan Chong Motor, SGM Wuling To Launch TQ WULING In Malaysia
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.
Nuren Group Plans Nasdaq IPO, Engages ZICO Evolve Capital As Financial Advisor
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).
Battersea Power Station Secures Approval For Next Regeneration Phase
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.
EBC Financial Group Deepens Global Push To End Malaria
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”.
TERA-Award Breaks Record With 785 Global Submissions For Climate Tech Innovation
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.
eClerx Broadens Global Reach With Delivery Centre In Peru
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.
ECRL Completion To Boost East Coast Development, Attract More Chinese Investments
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.