23d ago
KUALA LUMPUR, Jan 12 (Bernama) -- Vantris Energy Bhd’s indirect wholly-owned subsidiary, Sapura Nautical Power Pte Ltd, will divest its 40 per cent equity interest in L&T-Sapura Shipping Pvt Ltd to its India-based joint venture partner Larsen &Toubro Ltd for a total disposal consideration of US$30.5 million (US$1 = RM4.05).
23d ago
KUALA LUMPUR, Jan 12 (Bernama) -- Sunway Bhd has proposed a conditional voluntary takeover offer to acquire the entire 3.51 billion shares in IJM Corp Bhd at an offer price of RM3.15 per share.
23d ago
KUALA LUMPUR, Jan 12 (Bernama) -- Crude palm oil (CPO) prices are expected to average at RM4,100 per tonne in 2026, said Maybank Investment Bank Bhd (Maybank IB).
26d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit ended lower against the US dollar on Friday, as markets moved into a cautious holding pattern ahead of tonight’s US non-farm payrolls release and a possible Supreme Court ruling on US President Donald Trump-era tariffs, an analyst said.
29d ago
KUALA LUMPUR, Jan 6 (Bernama) -- Capital A Bhd did not receive approval from Bursa Malaysia Securities Bhd for an extension of time to complete its proposed share distribution, but the distribution will still be implemented concurrently with the AirAsia X Bhd (AAX) private placement.
29d ago
KUALA LUMPUR, Jan 6 (Bernama) -- Iskandar Waterfront City Bhd has obtained approval from Bursa Malaysia Securities Bhd for its proposed regularisation plan, which comprises a proposed debt settlement and a proposed capital reduction, to exit its affected listed issuer status.
29d ago
KUALA LUMPUR, Jan 6 (Bernama) -- CIMB Securities Sdn Bhd has maintained its positive view on the FTSE Bursa Malaysia KLCI for 2026, with an end-2026 target of 1,772 points following Prime Minister Datuk Seri Anwar Ibrahim’s 2026 New Year message in which he outlined a reform-led and pro-growth agenda.
30d ago
KUALA LUMPUR, Jan 5 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) views the exemptions of Sales and Service Tax (SST) on office rentals for new companies and small and medium enterprises (SMEs) with revenue below RM1.5 million as a demonstration of government support for SMEs.
1m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 4 (Bernama) – The east African country of Kenya is set to elevate economic linkages with Malaysia through strategic partnerships in the halal industry, palm oil and agro-processing, semi-conductors and renewable energy sectors which will boost trade, investments and regional market access.
1m ago
KUALA LUMPUR, Dec 31 (Bernama) -- Capital A Bhd has sought Bursa Malaysia Securities’ approval to extend until Jan 19 2026 to complete its proposed share distribution.
1m ago
KUALA LUMPUR, Dec 31 (Bernama) -- Axis Real Estate Investment Trust’s (Axis-REIT) trustee, RHB Trustees Bhd has entered into a sale and purchase agreement (SPA) to purchase a double-storey detached factory with a double-storey office building in Johor for a cash consideration of RM34.6 million.
1m ago
GEORGE TOWN, Dec 28 (Bernama) -- The upgrade of Butterworth KTM Station and the expansion of the air cargo terminal at Penang International Airport could be important catalysts for achieving more balanced development between Penang Island and Seberang Perai.