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AIFA Files Form 8-K With Additional Details On Planned HyalRoute Acquisition

KUALA LUMPUR, May 28 (Bernama) -- All In FutureTech Alliance Inc (AIFA) announced it has filed a Current Report on Form 8-K with the United States Securities and Exchange Commission providing supplemental information on its previously announced plan to acquire HyalRoute Fiber Optic Group (HyalRoute) at US$10.00 per share. (US$1 = RM3.96)

Positive For PCG If Petronas Assumes Full Control Of PPC - CGS International

KUALA LUMPUR, May 28 (Bernama) -- The implications will be enormously positive for Petronas Chemicals Group Bhd (PCG) if Petronas eventually seek full integration of Pengerang Petrochemical Co Sdn Bhd (PPC), as PPC is expected to continue delivering large losses for PCG.

CPO Futures End Higher On Stronger Crude Oil, Weaker Output Prospects

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Tuesday, supported by the sharp gains in crude oil prices and weaker Malaysian palm oil production prospects, a trader said.

Leakage Of Subsidised Fuel Due To Smuggling Threatens National Fiscal Position - Economist

ALOR SETAR, May 26 (Bernama) -- Leakage of subsidised fuel due to smuggling activities continues to pose a major threat to the country’s fiscal position, with the government estimated to be losing billions of ringgit annually following the misuse of subsidised diesel intended for local consumers, according to an economist.

Mersing Farmer Aims High To Set Up Agro-Tourism Hub

By Nur Faradilla Mohamad

MERSING, May 26 (Bernama) -- The owner of an MD2 pineapple and banana plantation, which covers an area of ​​8.09 hectares on Jalan Pak Wan here, is aiming high to transform his enterprise, which has been running since 2021, into an agro-tourism hub.

IJM Land, Southern Catalyst Formalise JV For RM1.96 Bln Industrial Park In Sedenak

KUALA LUMPUR, May 25 (Bernama) -- IJM Land Bhd has formalised a joint venture (JV) with Southern Catalyst Sdn Bhd to develop a RM1.96 billion industrial park in Sedenak, Johor, within the Johor-Singapore Special Economic Zone (JS-SEZ).

Johor Emerges As Cost-efficient Data Centre Alternative To Singapore - Moody’s

KUALA LUMPUR, May 25 (Bernama) -- Malaysia, particularly Johor, has positioned itself as a cost-efficient alternative to Singapore for data centre investments, owing to its relatively abundant land, availability of power infrastructure, and attractive investment incentives.

B15 Implementation In Peninsular Malaysia Will Not Affect Palm Oil Exports -- Noraini

PUTRAJAYA, May 25 (Bernama) -- The B15 biodiesel implementation in Peninsular Malaysia starting June 1 is set to strengthen the country’s energy security without affecting palm oil export volume while also helping to support the local palm oil industry and accelerate the national green agenda.

AIFA To Acquire Controlling Stake In HyalRoute For About US$2.31 Bln

KUALA LUMPUR, May 25 (Bernama) -- All In FutureTech Alliance Inc (AIFA) announced plans to acquire a 57.67 per cent controlling stake in HyalRoute Fiber-Optic Communication Group (HyalRoute) in a transaction valued at about US$2.31 billion. (US$1=RM3.96)

I Squared Capital Launches India Power Transmission Platform

KUALA LUMPUR, May 21 (Bernama) -- I Squared Capital (I Squared), a global infrastructure investment manager, has launched Cube Grid, a power transmission platform targeting India's expanding electricity grid.

CPO Prices To Hold Around RM4,400 Per Tonne In June 2026 - MPOC

KUALA LUMPUR, May 19 (Bernama) -- Crude palm oil (CPO) prices are expected to hold around RM4,400 per tonne in June 2026, supported by global biofuel policies, says the Malaysian Palm Oil Council (MPOC).

Malaysia’s Fuel Subsidies Help E-hailing Drivers Stay On The Road Amid Cost Pressures

KUALA LUMPUR, May 19 (Bernama) -- A mobility platform said Malaysia’s fuel subsidy mechanism continues to help e-hailing drivers manage rising operating costs, allowing many to remain on the road despite global fuel price pressures.