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Malaysia’s Future Economic Strength Depends On Technology Creation, Development Of Industries - Economy Ministry

KUALA LUMPUR, Nov 19 (Bernama) -- Malaysia’s economic strength will depend on three priorities, namely creating technology rather than merely adopting it and building industries with deep capabilities backed by long-term commitment, the Ministry of Economy said.

AirAsia X Plans New Europe Routes Next Year

From Fatin Umairah Abdul Hamid

ISTANBUL (TÜRKIYE), Nov 17 (Bernama) -- AirAsia X (AAX) is exploring plans for several additional European destinations, targeted for launch next year, said its chief executive officer, Benyamin Ismail.

Main Market-bound Geohan To Raise RM72.6 Mln From IPO

KUALA LUMPUR, Nov 17 (Bernama) -- Foundation and geotechnical engineering specialist Geohan Corporation Bhd aims to raise RM72.6 million from its initial public offering (IPO) ahead of its listing on Bursa Malaysia Securities’ Main Market on Dec 5, 2025.

SBC Medical To Acquire Waqoo, Boosting R&D And Clinical Services

KUALA LUMPUR, Nov 14 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical), a global provider of consulting and management services for medical corporations, announced that its Japanese subsidiary, SBC Medical Group Co Ltd, will launch a tender offer to acquire shares of Waqoo Inc, listed on the Tokyo Stock Exchange Growth Market.

MoF Yet To Finalise Involvement Of Local Firm In Train Set Rental Project

KUALA LUMPUR, Nov 12 (Bernama) -- The involvement of any local company in the train set rental project with a company from China has not yet been finalised, said the Ministry of Finance (MoF).

Genting Issues RM900 Mln Bonds To Fund Genting Malaysia Buyout

KUALA LUMPUR, Nov 10 (Bernama) -- Genting Bhd has raised RM900 million through medium-term notes (MTNs) to partly fund its acquisition of the remaining shares in Genting Malaysia Bhd.

Mah Sing To Develop Prime Penang Land With RM528 Mln GDV

GEORGE TOWN, Nov 10 (Bernama) -- Mah Sing Group Bhd plans to undertake a new mixed development project, M Cora, on its newly-acquired Penang land with a projected gross development value (GDV) of RM528 million.

Oriental To Acquire Three Hotels, To Reposition Under The Ascott

KUALA LUMPUR, Nov 8 (Bernama) -- Oriental Holdings Bhd (OHB) and its subsidiaries (collectively, OHB Group) intend to acquire Bayview Beach Resort Penang, Bayview Hotel Georgetown and Bayview Hotel Langkawi.

Lendlease REIT To Acquire 70 Pct Stake In PLQ Mall, Expanding Singapore Suburban Retail Portfolio

KUALA LUMPUR, Nov 5 (Bernama) -- Lendlease Global Commercial REIT (Lendlease REIT) is set to acquire a 70 per cent indirect interest in PLQ Mall in Singapore, reinforcing its strategy to grow its suburban retail footprint and deliver steady, recurring income for unitholders.

LPPSA Secures RM1 Bln Financing From HSBC Amanah For Civil Servants’ Housing

KUALA LUMPUR, Nov 4 (Bernama) -- Public Sector Home Financing Board (LPPSA) has secured RM1 billion in funding from HSBC Amanah Malaysia Bhd to provide home financing specifically for civil servants.

Trinity Acquires EVERSANA’s Advisory Business In Asia-Pacific, Middle East

KUALA LUMPUR, Nov 3 (Bernama) -- Trinity, a global leader in life sciences commercialisation solutions, has announced the acquisition of EVERSANA’s advisory services operation in Asia-Pacific and the Middle East (APACME), strengthening its role as a tech-enabled strategic partner to leading pharmaceutical, biotech, and medtech companies.

Mah Sing Buys RM273.5 Mln Semenyih Land For M Legasi Township

KUALA LUMPUR, Nov 3 (Bernama) -- Mah Sing Group Bhd has acquired a 111.29-hectare freehold parcel adjoining its existing 202.34-hectare M Legasi township in Semenyih for approximately RM273.5 million.