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ACE Market-bound SBS Nexus To Raise RM30.63 Mln From IPO

KUALA LUMPUR, Dec 23 (Bernama) -- Branding and marketing solutions specialist company SBS Nexus Bhd aims to raise RM30.63 million from its initial public offering (IPO) ahead of its listing on Bursa Malaysia’s ACE Market on Jan 20, 2026.

Modon Enters Jersey City Waterfront Tower Joint Venture

KUALA LUMPUR, Dec 23 (Bernama) -- Modon Holding PSC (Modon) has announced a new joint venture to develop Harborside 4, a 54-storey residential tower on one of the last prime waterfront sites in downtown Jersey City, New Jersey, United States (US), marking a further step in the group’s global expansion strategy.

PKNS FMI Launches Inaugural Sustainability Report

By Nadia Jumri

SHAH ALAM, Dec 23 (Bernama) -- PKNS FM Integrated Sdn Bhd (PKNS FMI) has released its inaugural Sustainability and Environmental, Social, and Governance (ESG) report, which outlines the company’s sustainability-related performance and initiatives for the period from Jan 1, 2024 to May 30, 2025.

DALI Alliance Rolls Out Wireless To DALI Gateways Test, Certification Specifications

KUALA LUMPUR, Dec 23 (Bernama) -- The DALI Alliance, the international authority for lighting technology standardisation, has launched new test and certification specifications for Wireless to DALI Gateways.

RHB Enhances Multi-currency Debit Card For Seamless Overseas Transactions

KUALA LUMPUR, Dec 23 (Bernama) -- RHB Banking Group plans to enhance its multi-currency debit card by adding two or three more foreign currencies by the second quarter of 2026, said its consumer finance head, Sien Vee Loc.

Malaysia’s Leading Index Rises 3.6 Pct In October 2025 -- DOSM

KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia’s leading index (LI) annual performance increased 3.6 per cent to 116.2 points in October 2025, from 112.2 in the previous corresponding month, signalling optimistic economic momentum ahead of 2026, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed down by continued selling in selected heavyweights amid upbeat regional market sentiments.

Malaysia’s GDP Growth Seen Moderating To 4.2 Pct In 2026 -- Kenanga IB

KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia’s gross domestic product (GDP) growth in 2026 is expected to moderate to 4.2 per cent from an estimated 4.8 per cent in 2025, according to Kenanga Investment Bank Bhd (Kenanga IB).

Ringgit Edges Up As US Dollar Index Slips

KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit opened higher against the US dollar in early trade today, supported by a weaker greenback as the US Dollar Index (DXY) declined 0.33 per cent to 98.271 points amid thin trading conditions during the holiday-shortened week.

Port Of Tanjung Pelepas To Implement Electrification Initiative For Port Truck Fleet

ISKANDAR PUTERI, Dec 22 (Bernama) --  Port of Tanjung Pelepas (PTP), a joint-venture company between MMC Group and Netherlands-based APM Terminals, continues to move forward with the electrification of its port truck fleet, which is scheduled to be implemented next year.

Citaglobal Bags Two Construction Jobs Worth RM82.72 Mln

KUALA LUMPUR, Dec 22 (Bernama) -- Citaglobal Bhd’s wholly-owned subsidiary, Citaglobal Land Sdn Bhd, has accepted two construction contracts from UDA Land (South) Sdn Bhd and the Public Works Department (JKR) totalling RM82.72 million.

Malaysia's Inflation To Edge Up To 1.8 Pct In 2026 -- RHB

UALA LUMPUR, Dec 22 (Bernama) -- Malaysia's inflation is projected to edge higher to 1.8 per cent in 2026, near the upper end of the official 1.3-2.0 per cent range, said RHB Investment Bank Bhd (RHB IB).