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Bursa Malaysia Ends Lower On Selling In Selected Heavyweights

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia closed lower today dragged by continued selling in selected heavyweights, led by the financial services and utilities sectors, amid a mixed performance in regional peers. 

Bursa Malaysia Remains In The Red At Midday

KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia remained in the red at midday, weighed down by continuous selling in selected heavyweights, led by financial services and utilities sectors. 

Anaqua To Be Acquired By Nordic Capital

KUALA LUMPUR, Nov 19 (Bernama) -- Anaqua announced that Nordic Capital, an experienced private equity investor in Technology & Payments globally, has entered into exclusive negotiations to acquire a controlling interest in Anaqua from its existing shareholders led by Astorg.

Pantheon Introduces Two Funds To Broaden Private Wealth Offerings

KUALA LUMPUR, Nov 19 (Bernama) -- Pantheon, a global private markets investor, has launched two funds to expand its private wealth offerings across asset classes in key growth markets globally.

RAM Ratings Affirms Manulife Holdings' AA2/Stable/P1 Ratings

KUALA LUMPUR, Nov 18 (Bernama) -- RAM Rating Services Bhd has affirmed Manulife Holdings Bhd’s corporate credit ratings (CCRs) of AA2/Stable/P1.

Efforts To Deal With Anti-Palm Oil Campaign Remain Despite MPOB Office Closure Abroad - Chan

KUALA LUMPUR, Nov 18 (Bernama) -- The closure of a few Malaysian Palm Oil Board (MPOB) offices abroad does not affect efforts to deal with the anti-palm oil campaign and the negative perception of the commodity in the international market, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

Bermuda’s Evergreen Insurance Credit Ratings Downgraded  - AM Best

KUALA LUMPUR, Nov 18 (Bernama) -- AM Best has downgraded the financial strength rating to A- (excellent) from A (excellent) and the long-term issuer credit rating to “a-” (excellent) from “a” (excellent) of Bermuda’s Evergreen Insurance Company Limited (EICL).

AAX’s Maiden Flight To Nairobi Hits 90 Pct Passenger Load Factor 

NAIROBI (Kenya), Nov 16 (Bernama) -- Long-haul low-cost carrier AirAsia X Bhd (AAX) has made its inaugural direct flight from Kuala Lumpur to Nairobi, Kenya on Nov 15, 2025, marking its first foray into East Africa with a nearly 90 per cent passenger load factor.

Malaysian-led Consortium Proposes RM18.4 Bln MAHB Buyout

KUALA LUMPUR, Nov 15 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) today announced plans to launch a conditional voluntary takeover offer for all remaining shares in Malaysia Airports Holdings Bhd (MAHB) at RM11 per share, valuing the equity at RM18.4 billion.

Strong Investments, Exports Drive Malaysia's Third Quarter GDP Growth To 5.3 Pct

KUALA LUMPUR, Nov 15 -- The Malaysian economy expanded by 5.3 per cent in the third quarter of 2024 (3Q 2024), driven by strong investment activities and continued improvement in exports.

AM Best Affirms Excellent Ratings For Malaysia’s Labuan Re 

KUALA LUMPUR, Nov 15 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re) financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent). 

Khazanah Maintains Vision Of Investing In Start-ups, Says Amir Hamzah

KUALA LUMPUR, Nov 14 (Bernama) -- Khazanah Nasional Bhd will continue investing in start-ups, despite losses from its stake in online fashion retailer FashionValet Sdn Bhd, said Finance Minister II Datuk Seri Amir Hamzah Azizan.