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Axiata To Exit Myanmar With US$150 Mln Divestment

KUALA LUMPUR, April 4 (Bernama) -- Axiata Group Bhd is exiting Myanmar after its subsidiary, Edotco Investments (Labuan) Ltd, signed a share purchase agreement (SPA) to sell its entire 87.5 per cent stake in Edotco Investments Singapore Pte Ltd for US$150 million (RM713 million).

OM Holding Units Secure US$304 Mln In Refinancing Through Syndicated Loan, Additional Facilities 

KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.

Capcom Game Titles To Launch On Nintendo Switch 2 In June

KUALA LUMPUR, April 4 (Bernama) -- Capcom Co Ltd has announced that both Street Fighter 6 and Kunitsu-Gami: Path of the Goddess will be released for Nintendo Switch 2 on June 5, coinciding with the launch of the new hardware from Nintendo Co Ltd.

AM Best Affirms "A" Rating For Hong Kong's CMB Wing Lung Insurance

KUALA LUMPUR, April 4 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) for Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.

Kazuyasu Adachi Joins Anaqua As General Manager, APAC And President, Japan 

KUALA LUMPUR, April 2 (Bernama) -- Anaqua, a provider of innovation and intellectual property (IP) management technology solutions and services, has announced the appointment of Kazuyasu Adachi as General Manager, APAC, and President, Japan.

General Omi Beef Launches "Steak Sudaku" Restaurant In Singapore

KUALA LUMPUR, April 2 (Bernama) -- General Omi Beef Trading Company, known for exporting premium Omi beef from Shiga Prefecture, Japan, is set to broaden its brand presence with the opening of a new restaurant in Singapore.

Hytera Named Official Communications Provider For China Pavilion At Osaka World Expo 

KUALA LUMPUR, April 2 (Bernama) -- Hytera Communications, a global provider of professional communications solutions, has been appointed the official professional communications technology provider for the China Pavilion at the Osaka World Expo.

Capcom’s Monster Hunter Wilds Smashes 10 Mln Units In First Month

KUALA LUMPUR, April 2 (Bernama) -- Capcom Co Ltd has announced that its latest release, Monster Hunter Wilds, has sold over 10 million units globally in its first month since launching on Feb 28.

Japanese Companies Keen On Decarbonisation Projects In Malaysia

KUALA LUMPUR, March 30 (Bernama) -- Japanese companies are keen to participate in advanced sustainable development in Malaysia’s decarbonisation initiatives, said Japan External Trade Organisation (Jetro) Kuala Lumpur.

Main Market-bound Cuckoo Malaysia Aims To Raise RM184.8 Mln From IPO

KUALA LUMPUR, March 26 (Bernama) -- Main Market-bound Cuckoo International (Mal) Bhd, the local unit of South Korean appliance maker Cuckoo Homesys Co Ltd, aims to raise RM184.8 million from its initial public offering (IPO).

AM Best Affirms Australia’s Pacific International Insurance Ratings 

KUALA LUMPUR, March 21 (Bernama) -- AM Best, a global credit rating agency, has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook.

Eco World Records Net Profit Of RM80.34 Mln In 1Q

KUALA LUMPUR, March 20 (Bernama) -- Eco World Development Group Bhd has recorded a net profit of RM80.34 million in the first quarter (1Q) ended Jan 31, 2025, from RM69.63 million in the same period last year.