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KUALA LUMPUR, Jan 28 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has upgraded the long-term ratings of YTL Corporation Bhd’s (YTL Corp) debt programmes to AAA, citing sustained improvements in the group’s operating performance, profitability and financial profile.
KUALA LUMPUR, Jan 28 (Bernama) -- CapitaLand Malaysia Trust (CLMT) aims to increase its assets under management by 20 per cent in three years from the current 7.9 per cent under its industrial and logistics segment.
KUALA LUMPUR, Jan 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has forecast a milder contraction in media advertising expenditure (adex) this year, supported by a low base effect and increased marketing activity surrounding major sporting events.
KUALA LUMPUR, Jan 28 (Bernama) -- The global spotlight on sustainable finance is expected to remain strong this year amid the rapid growth of data centres, said Moody’s Ratings.
By Karina Imran
KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia snapped its five-day winning streak to close lower on Wednesday, as investors took profit following a cumulative gain of 4.25 per cent over the past five sessions, said an analyst.
KUALA LUMPUR, Jan 28 (Bernama) -- Investment company VentureTech Sdn Bhd has invested in education technology (edtech) firm Tymba Education Group, which specialises in professional accountancy and finance qualifications.
KUALA LUMPUR, Jan 28 (Bernama) -- Multi-Color Corporation (MCC), a global leader in prime label solutions, has entered into a restructuring support agreement (RSA) with holders of approximately 70 per cent of its secured first-lien debt and its equity sponsor, Clayton, Dubilier & Rice (CD&R), as part of a comprehensive financial restructuring.
KUALA LUMPUR, Jan 28 (Bernama) -- Coventry, the leader and creator of the secondary market for life insurance, has completed its third asset-backed securitisation since April 2025 under its LILY programme.
KUALA LUMPUR, Jan 28 (Bernama) -- Arc’teryx Equipment, the design company specialising in technical high-performance apparel and equipment, has appointed Avery Baker as its first Chief Brand Officer, a newly created executive role that marks a significant step in the company’s global evolution.
By Siti Noor Afera Abu & Fatin Umairah Abd Hamid
KUALA LUMPUR, Jan 28 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) is now entering a more focused phase of targeted development, with the rollout of the East Coast Development Plan (EDP) 2026-2030, after surpassing its investment and job creation targets under the East Coast Economic Region Master Plan (EMP 2.0).
KUALA LUMPUR, Jan 28 (Bernama) -- Kinergy Advancement Bhd has formalised a strategic partnership with Thailand’s B.Grimm Power Public Co Ltd, which will be investing RM41.52 million to acquire a 49 per cent stake in Kinergy’s investment vehicle, Jati Cakerawala Sdn Bhd, for a proposed full-new built gas turbine power plant.
KUALA LUMPUR, Jan 28 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has stressed that ministries and government-linked investment companies (GLICs) emphasise evaluating the effectiveness of high-impact initiatives under the Bumiputera Economic Transformation Plan 2035 (PuTERA35).
