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MRCB, ISSB Partner To Develop Ipoh Sentral

KUALA LUMPUR, Jan 23 (Bernama) -- Malaysian Resources Corporation Bhd’s (MRCB) wholly owned subsidiary, Country Annexe Sdn Bhd has entered into a memorandum of agreement (MOA) with Ipoh Sentral Sdn Bhd (ISSB) to develop Ipoh Sentral.

Ringgit Ends Higher Vs USD After Trump's Inauguration Speech

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit ended higher against the US dollar today, primarily driven by the United States (US) President Donald Trump's inauguration speech, said an economist.

Majority ASEAN Members Should Adopt Common Central Time Zone -- Abdul Wahid

KUALA LUMPUR, Jan 21 (Bernama) -- The majority of ASEAN member countries should adopt a common time zone of GMT+8 as this would further integrate ASEAN as a compelling economic bloc, Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said.

WTK Unit Proposes RM1.0 Bln Sukuk Wakalah Programme

KUALA LUMPUR, Jan 20 (Bernama) -- WTK Holdings Bhd’s wholly-owned subsidiary, WTK Capital Sdn Bhd, has proposed an Islamic medium-term notes programme of up to RM1.0 billion in nominal value based on the Shariah principle of Wakalah Bi Al-Istithmar (Sukuk Wakalah Programme).

Petronas Gas Launches Malaysia's First LNG-Driven Air Separation Unit

KUALA LUMPUR, Jan 17 (Bernama) -- Petronas Gas Bhd, through wholly owned unit Regas Terminal (Pengerang) Sdn Bhd, has launched Malaysia's first liquefied natural gas (LNG)-driven air separation unit (ASU) in Pengerang, Johor, and invited Dialog Group Bhd to participate by taking up a 27.78 per cent stake.

Bursa Malaysia Approves Bintai Kinden Regularisation Plan

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia Securities Bhd has approved Bintai Kinden Corporation Bhd’s proposed regularisation plan, a significant milestone in its journey towards financial recovery and exit its Practice Note 17 (PN17) status.

Southern Score Builders' Unit Secures RM78.0 Mln Contract

KUALA LUMPUR, Jan 15 (Bernama) -- Southern Score Builders Bhd’s (SSBB) wholly-owned subsidiary, Southern Score Sdn Bhd (SSSB) has bagged a contract from Seribu Megah Sdn Bhd to undertake a proposed upgrading works on a detention pond in Kuala Lumpur worth RM78.0 million.

MAHB: Five Independent Directors Not Terminated

KUALA LUMPUR, Jan 15 (Bernama) -- The five independent directors of Malaysia Airports Holdings Bhd (MAHB) have not been terminated, contrary to a statement made by Machang Member of Parliament Wan Ahmad Fayhsal Wan Ahmad Kamal.

Yinson Indirect Unit Secures RM4.48 Bln Investment From Consortium Of Global investment Firms

KUALA LUMPUR, Jan 14 (Bernama) -- Yinson Holdings Bhd’s indirect wholly owned subsidiary Yinson Production Offshore Holdings Ltd (YPOHL) has secured US$1 billion (RM4.48 billion) investment from a consortium of international investment firms to drive further growth. 

US AI Chip Export Restrictions Proposal Won't Hinder Mah Sing-BDC Collaboration

KUALA LUMPUR, Jan 14 (Bernama) -- Mah Sing Group Bhd remains confident that the proposed new restrictions on artificial intelligence (AI) chip exports by the United States (US) will not hinder collaboration with Bridge Data Centres (BDC) or the broader growth of Malaysia’s digital infrastructure sector.

Reforms Are Crucial To Build A More Resilient Economy - Economists

KUALA LUMPUR, Jan 14 (Bernama) -- Reforms are crucial steps to transform Malaysia into a more resilient and vibrant economy capable of adapting to domestic and global challenges.

Sapura Energy Gets Second Approval-in-principle From Financiers For Restructuring

KUALA LUMPUR, Jan 13 (Bernama) -- Sapura Energy Bhd has received written confirmation from the Corporate Debt Restructuring Committee (CDRC) on Jan 11, 2025, that MCF Financiers have provided their requisite additional approval-in-principle in respect of certain refinements to the terms of the proposed restructuring scheme (PRS).