Sunway Healthcare Retail IPO Oversubscribed 5.57 Times

KUALA LUMPUR, March 10 (Bernama) -- The retail portion of Sunway Healthcare Holdings Bhd’s offering, comprising 230 million shares, was oversubscribed by 5.57 times.

Hong Leong Islamic Bank Rebrands As HLB Islamic, Eyes Strong Financing Growth

By Abdul Hamid A Rahman

KUALA LUMPUR, March 11 (Bernama) -- Hong Leong Islamic Bank Bhd is now known as HLB Islamic following a brand refresh, with the bank aiming to maintain financing growth above the industry average over the next three to five years.

Crude Oil Retreats From US$100 Per Barrel As G7 Signals Readiness To Release Emergency Reserves

By Siti Radziah Hamzah

KUALA LUMPUR, March 10 (Bernama) -- Oil prices retreated from their highest level since 2022 to below US$100 per barrel on Tuesday after the Group of Seven (G7) signalled its readiness to release emergency reserves, easing some of the market anxiety triggered by the escalating conflict between the United States and Iran. 

Affin Group Distributes 350 Iftar Food Packs To Bernama Staff

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, March 9 (Bernama) -- Affin Group today distributed 350 iftar food packs to the staff of the Malaysian National News Agency (Bernama) at Wisma Bernama.

Advancecon Bags RM148.4 Mln Johor Infrastructure Contract

KUALA LUMPUR, March 9 (Bernama) -- Advancecon Holdings Bhd’s wholly owned subsidiary, Advancecon Infra Sdn Bhd (AISB), has secured a RM148.42 million contract from JLG Technopark Sdn Bhd for the proposed construction and completion of earthworks and main infrastructure works for Package 1B at Southern Ibrahim Technopolis (IBTEC) in Kulai, Johor.

Lufthansa Sees Malaysia As Lucrative Aviation Market For Leisure, Business Travel

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 9 (Bernama) -- The Lufthansa Group, which is strengthening its presence in Southeast Asia, views Malaysia as a lucrative aviation market, especially for leisure and business travellers as airlines recalibrate networks and seek growth opportunities beyond the increasingly volatile Middle East region.

Heartwarming Skies As Aviation Steps Up To Rescue Stranded Passengers

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 8 (Bernama) -- Amid the ongoing conflict in the Middle East, which has thrown the aviation industry into chaos and left thousands of travellers stranded, it is heart-warming to see the global aviation community joining hands to evacuate passengers safely to their respective destinations.

MR DIY Proposes Sukuk Wakalah Programmes With Aggregate Limit Of RM5 Bln

KUALA LUMPUR, March 6 (Bernama) -- MR DIY Group (M) Bhd has proposed to establish two sukuk wakalah programmes with a combined aggregate limit of RM5 billion in nominal value.

Lufthansa Working With Govts To Repatriate Stranded Travellers

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 6 (Bernama) -- Lufthansa Group is hoping to resume flights gradually to parts of the Middle East from this weekend onwards.

2PointZero Group Completes Majority Acquisition Of ISEM Packaging Group

KUALA LUMPUR, March 6 (Bernama) -- 2PointZero Group PJSC, a next-generation investment powerhouse focused on energy and consumer sectors, has formally completed the acquisition of a majority stake in European packaging group ISEM for 704 million Emirati dirham. (100 Emirati dirham = RM107.50)

Petronas Activates Business Continuity Protocols In UAE

By Siti Radziah Hamzah

KUALA LUMPUR, March 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) has activated its business continuity protocols for its United Arab Emirates (UAE) operations to ensure operational and financial performance across the region. 

Kumpulan Pelaburan MARA Contributes Corporate Donations, Business Zakat

KUALA LUMPUR, March 4 (Bernama) -- Kumpulan Pelaburan MARA has channelled corporate donations and business zakat covering various welfare initiatives with a total value of RM56,000 in conjunction with the month of Ramadan.