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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)
KUALA LUMPUR, May 22 (Bernama) -- Ann Joo Resources Bhd (Ann Joo) has proposed to dispose of its 100 per cent equity interest in Ann Joo Steel Bhd (AJSB) to Singapore-based Green Esteel Pte Ltd following the mutual termination of a heads of agreement to sell the stake to Southern Steel Bhd today.
KUALA LUMPUR, May 22 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has completed the disposal of its subsidiary SCIB Concrete Manufacturing Sdn Bhd (SCM) for RM113 million.
KUALA LUMPUR, May 22 (Bernama) -- Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd, has secured a US$100 million (US$1=RM3.95) financing facility from QNB Group, a financial institution in the Middle East and Africa.
IPOH, May 21 (Bernama) -- Ningbo Fresh Technology Co Ltd of China will invest an additional RM263 million in Tanjong Malim, Perak, hence further strengthening the country’s automotive industry ecosystem.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives fell on Thursday amid uncertainty over Indonesia’s export policy, which triggered panic selling, said an analyst.
KUALA LUMPUR, May 21 (Bernama) -- Audiencerate Ltd, a data activation specialist, has appointed Riccardo Fabbri as Chief Technology Officer (CTO) to lead the company’s artificial intelligence (AI)-driven expansion initiatives.
KUALA LUMPUR, May 21 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has started shipping test samples of “TW007D120E”, a 1200-volt (V) trench-gate silicon carbide (SiC) MOSFET designed for power supply systems in next-generation artificial intelligence (AI) data centres.
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.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 20 (Bernama) -- Malaysia Aviation Group (MAG) expects jet fuel prices to hover between US$120 and US$130 per barrel over the next one year, based on current forward market indications, as airlines continue navigating geopolitical tensions and fuel supply disruptions affecting the aviation industry.
KUALA LUMPUR, May 20 (Bernama) -- Jenfi announced it has surpassed US$100 million in cumulative financing originations across Southeast Asia, marking a key milestone in the company’s expansion in Singapore and Vietnam. (US$1 = RM3.97)
KUALA LUMPUR, May 20 (Bernama) -- Primer, the unified infrastructure for global payments, has secured a US$100 million Series C funding round as it expands its artificial intelligence (AI)-enabled operating layer for global payments and finance. (US$1=RM3.97)
