Founder Of Ahmad Zaki Resources, Wan Zaki, Dies

KUALA LUMPUR, Nov 13 (Bernama) -- Tan Sri Wan Zaki Wan Muda, founder of Ahmad Zaki Sdn Bhd (AZSB) and group advisor to Ahmad Zaki Resources Bhd (AZRB), passed away Tuesday evening at the age of 75.

LREIT Reports 11.4 Pct Retail Rental Reversion In 1Q FY2025

KUALA LUMPUR, Nov 12 (Bernama) -- Managed by Lendlease Global Commercial Trust Management Pte Ltd (Manager), Lendlease Global Commercial REIT (LREIT), has posted a positive rental reversion of 11.4 per cent in its first quarter (1Q) business update for fiscal year 2025 (FY2025).

AKWEL Posts Noticeable Drop In Third Quarter Revenue

KUALA LUMPUR, Nov 8 (Bernama) -- AKWEL has reported a consolidated revenue of 757.7 million euros, down 5.2 per cent over the first nine months of this year, compared to same period last year. (1 euro = RM4.73)

RM500 Mln To RM1.2 Bln Assets Under Management Expected From Family Office Scheme Within First 5 Years - Amir Hamzah

KUALA LUMPUR, Nov 5 (Bernama) -- The government estimates the range of assets under management (AUM) to be between RM500 million and RM1.2 billion within the first five years of implementing the family office scheme, targeting families from within the country, the region and abroad, such as from the Middle East.

Pluxee Raises 2025 & 2026 Outlooks, Exceeds Financial Targets

KUALA LUMPUR, Nov 1 (Bernama) -- French-based company, Pluxee has posted net profit of 133 million euros for the full year, up 64.2 per cent from 81 million euros in the same period of the prior year driven by outstanding performance in fiscal 2024 exceeding all business and financial objectives. (1 euro = RM4.76)

Medidata Unveils Bundled Solution For Oncology, Vaccine Research 

KUALA LUMPUR, Nov 1 (Bernama) -- Medidata, a Dassault Systèmes brand and provider of clinical trial solutions to the life sciences industry, has introduced two new bundled offerings to meet the growing demands of oncology and vaccine research.

Korean Eggdrop Gains Notoriety For Production Support Of Two Chart-topping K-dramas 

KUALA LUMPUR, Oct 29 (Bernama) -- Golden Hind Co Ltd, the food and beverage (F&B) company behind the premium Korean egg sandwich brand EGGDROP, has garnered significant attention for its production support of the tvN romantic comedy drama series 'Love Next Door' and the JTBC family drama series 'Romance in the House'.

Govt To Look At How TNB Can Play Role In Realising ASEAN Power Grid Initiative

KUALA LUMPUR, Oct 29 (Bernama) -- The government will look at how Tenaga Nasional Bhd (TNB) can play a role in realising the ASEAN Power Grid (APG) initiative.

Analysts Lift Target Price On Gamuda Amid New Hydroelectric Deal

KUALA LUMPUR, Oct 28 (Bernama) -- Analysts are maintaining an outperform rating on Gamuda Bhd, raising the target price following the company’s recent contract win, which bolsters earnings visibility.

Rubber Market Likely To See Flat Trading Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The local rubber market is expected to trade in a flattish mode next week, with demand and prices remaining soft, according to industry expert Denis Low.

Gamuda Jv Bags RM3.05 Bln Power Plant Project In Sabah

KUALA LUMPUR, Oct 25 (Bernama) -- Gamuda Bhd, in a joint venture (JV) with Conlay Construction Sdn Bhd, has been appointed as the total development contractor for the Ulu Padas Hydroelectric Power Plant in Sabah.

Rubber Market Ends Mixed In Tandem With Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 25 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, taking its cue from the mixed regional rubber futures markets, a dealer said.