UOA Development Unit Sells Properties Worth RM200 Mln To UOA REIT Trustee

KUALA LUMPUR, Oct 2 (Bernama) -- UOA Development Bhd’s 60 per cent-owned subsidiary, Everise Project Sdn Bhd, has entered into three conditional sale and purchase agreements (SPAs) worth RM200 million.

Petronas Gas Gets Tax Exemption From MOF For Reorganisation

KUALA LUMPUR, Oct 1 (Bernama) – Petronas Gas Bhd (PGB) has received approval from the Ministry of Finance (MOF) for a tax exemption related to its internal reorganisation plan.

Capital A To Complete Airline Disposal In October, Eyes PN17 Exit By Year-End — Fernandes

By Kisho Kumari Sucedaram

KUALA LUMPUR, Sept 24 (Bernama) -- Capital A Bhd is optimistic of completing the disposal of its airline business to AirAsia X Bhd (AAX) by October, paving the way for the group to seek removal of its Practice Note 17 (PN17) status by year-end.

CBHB Subsidiary Secures RM31.4 Mln Contract For Johor Data Centre Works

KUALA LUMPUR, Sept 22 (Bernama) -- CBH Engineering Holding Bhd’s (CBHB) wholly-owned subsidiary, CBH Engineering Sdn Bhd, has secured a RM31.4 million contract to carry out mechanical and electrical works for a 132 kilovolt (kV) “consumer landing station” (CLS) at a proposed data centre in Johor.

Axiata Shares Ease After Lower Revenue In Second Quarter

KUALA LUMPUR, Aug 29 (Bernama) -- Axiata Group Bhd shares eased in early trade today after the group reported a decline in revenue for the second quarter ended June 30, 2025 (2Q 2025).

Khazanah's Role In Venture Capital Ecosystem Remains Vital, Fund Should Widen Focus On Higher Economic Multipliers Like Agri-Food Business

By Saraswathi Muniappan

KUALA LUMPUR, Aug 26 (Bernama) -- Sovereign wealth fund Khazanah Nasional Bhd still has an effective role to play in the venture capital ecosystem, especially in promoting entrepreneurship and fuelling future economic growth engines, despite recent setbacks such as the losses incurred from its investment in FashionValet Sdn Bhd.

Zetrix AI Net Profit Rises To RM199.14 Mln In 2Q

KUALA LUMPUR, Aug 22 (Bernama) -- Zetrix AI Bhd’s net profit increased to RM199.14 million in the second quarter ended June 30, 2025 (2Q 2025) from RM165.42 million in the previous corresponding quarter, mainly due to web3 application service fees on the Zetrix blockchain platform. 

Genting Plantations Eyes Joint Venture With China's Shouguang

KUALA LUMPUR, Aug 18 (Bernama) -- Genting Plantations Bhd’s (GENP) indirect wholly-owned subsidiary, ACGT Vegetable AgVentures Sdn Bhd (AVA), has proposed to undertake a joint venture with Shouguang Vegetable Science and Technology Sdn Bhd (SVST).

Bursa Malaysia Publicly Reprimands MCOM For Failing To Submit Audited Financials

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia Securities Bhd (Bursa Malaysia) has publicly reprimanded MCOM Holdings Bhd for failing to announce its annual audited financial statements (AFS) for the 18-month financial period ended June 30, 2024, by the Oct 31, 2024 deadline.

Islamic Finance Must Evolve To Stay Competitive - Bursa Malaysia CEO

KUALA LUMPUR, Aug 7 (Bernama) – The growth of Islamic finance will be driven by greater connectivity across asset classes, geographies and generations -- and not just by compliance -- as a generational shift in investor demographics brings in younger, digital-native and value-conscious investors.

Cypark Unit Gets SEDA Nod To Develop 1.5MW Biogas Plant In Johor

KUALA LUMPUR, Aug 1 (Bernama) -- Cypark Resources Bhd's 51 per cent indirectly-owned subsidiary, Reviva BACRE (Ulu Remis) Sdn Bhd, has received approval from the Sustainable Energy Development Authority Malaysia (SEDA) to develop a 1.5-megawatt (MW) biogas facility in Layang-Layang, Johor.

Ambiq Prices US$96 Mln IPO, Set To Debut On NYSE As “AMBQ”

KUALA LUMPUR, July 30 (Bernama) -- Ambiq Micro Inc (Ambiq) has announced the pricing of its upsized initial public offering (IPO) at US$24 per share, raising US$96 million before expenses. (US$1=RM4.23)