1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Eco World Development Group Bhd’s net gearing is expected to remain healthy after acquiring the remaining 40 per cent stake in Paragon Pinnacle Sdn Bhd from the Employees Provident Fund’s unit Tanjung Wibawa Sdn Bhd for RM184.08 million, said two investment banks.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Yinson Holdings Bhd’s offshore business arm, Yinson Production, has completed the acquisition of 100 per cent shares in Norway-based Stella Maris CCS AS from Altera Infrastructure.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Petroliam Nasional Bhd (Petronas) is still in the early stages of exploration activities for the Langkasuka Basin, where the 2D seismic data acquisition has just been completed in 2024.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Greatech Technology Bhd's net profit rose marginally to RM154.99 million in the financial year ended Dec 31, 2024 (FY2024) from RM154.36 million in FY2023.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd (EcoWorld Malaysia) has acquired the remaining 40 per cent stake in Paragon Pinnacle Sdn Bhd (PPSB) from Employees Provident Fund (EPF) subsidiary, Tanjung Wibawa Sdn Bhd (TWSB), for RM184.08 million.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Nippon Express Holdings Inc has completed the acquisition of SH HoldCo GmbH, the parent company of Germany-based Simon Hegele Group, effective Feb 3.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Japan’s The Dai-ichi Life Insurance Company Limited (DL), the wholly owned operating subsidiary of Dai-ichi Life Holdings Inc (DLH).
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Flowchem, a global leader in the drag reducing agents (DRA) market, has announced several key personnel additions to its management teams, reinforcing its position for continued growth.
1y ago
KUALA LUMPUR, Feb 14 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) has proposed to compulsorily acquire all of the Malaysia Airports Holdings Bhd (MAHB) shares from dissenting shareholders at RM11 per share.
1y ago
KUALA LUMPUR, Feb 14 (Bernama) -- LPI Capital Bhd’s net profit rose to RM377.09 million in the financial year ended Dec 31, 2024 (FY2024), up from RM313.73 million a year earlier, primarily due to higher profit from the general insurance segment.
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- CelcomDigi Bhd posted a slightly lower net profit of RM1.38 billion in the financial year ended Dec 31, 2024 (FY2024) from RM1.55 billion in the previous year.
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia should capitalise its strong aerospace ecosystem and must maximise its potential to drive industry growth, said Investment, Trade, and Industry (MITI) deputy secretary-general (Industry), Datuk Hanafi Sakri.