O&G-related Stocks Rise As Iran Signals Hormuz Will Remain Closed
KUALA LUMPUR, March 13 (Bernama) -- Oil and gas-related stocks opened higher after Iran’s new supreme leader indicated the Strait of Hormuz would stay closed.
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Aria Systems Selected By Superloop For Billing Modernisation
KUALA LUMPUR, March 13 (Bernama) -- Aria Systems has announced that Australian telecommunications provider Superloop has selected Aria Billing Cloud to modernise its billing and rating operations across consumer, white-label, business, and wholesale services.
AM Best Downgrades Petronas Captive Insurer ENERGAS
KUALA LUMPUR, March 13 (Bernama) -- AM Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the long-term issuer credit rating to “a-” (Excellent) from “a” (Excellent) of Malaysia’s Energas Insurance (L) Limited (ENERGAS).
Bursa Malaysia's Benchmark Index Ends At Intraday High On Late Buying
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier losses to end at its intraday high on Thursday, staging a late rebound during the final hour of trading.
Redslim Expands To Asia-Pacific, Appoints Regional Director
KUALA LUMPUR, March 12 (Bernama) -- Redslim, a specialist in end-to-end data management solutions and an Astorg portfolio company, has announced its expansion into the Asia-Pacific (APAC) region alongside the appointment of Kyriakos Zannikos as Regional Director for APAC.
Smiths Detection Sells 2,000th HI-SCAN 6040 CTiX Scanner
KUALA LUMPUR, 12 March (Bernama) -- Smiths Detection has announced the sale of its 2,000th HI-SCAN 6040 CTiX, a 3D X-ray scanner designed to enhance aviation security screening through high-resolution computed tomography images and artificial intelligence (AI)-driven automatic detection.
Strait Of Hormuz Closure Pushes Gulf Oil Inventories Towards Capacity, Pressuring Refiners
KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.
EIG’s MidOcean Energy Expands Gorgon LNG Stake Through JERA Acquisition
KUALA LUMPUR, March 12 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has signed definitive agreements with JERA Co Inc (JERA) to acquire JERA Gorgon Pty Ltd, which holds a 0.417 per cent interest in the Gorgon LNG project.
LTAT Sees Stable 5 Pct Dividend For Fy2026 Backed By Stronger Reserves
KUALA LUMPUR, March 12 (Bernama) -- The Armed Forces Fund Board (LTAT) expects its dividend payout to remain at five per cent for the financial year 2026, supported by a strategy to strengthen reserves to cushion potential market volatility.
OGX Group Secures RM72 Mln Orders Amid East Malaysia Expansion
KUALA LUMPUR, March 12 (Bernama) -- ACE Market debutant OGX Group Bhd has secured order books worth RM72 million as of Jan 13, 2026, as it accelerates expansion in East Malaysia.
GLICs Hold Combined 45 Pct Equity Interest In IJM Corp As At Jan 30 - MoF
KUALA LUMPUR, March 11 (Bernama) -- Government-linked investment companies (GLICs) held about 45 per cent of the shares in IJM Corporation Bhd (IJM Corp) as at Jan 30, 2026, according to the Ministry of Finance (MoF).
West Asia Conflict: Special Committee On Economic Impact To Begin Work, Present Report Friday - Fahmi
PUTRAJAYA, March 11 (Bernama) -- A special committee chaired by Finance Minister II Datuk Seri Amir Hamzah Azizan is being activated to study economic developments and impact following the United States (US)–Iran conflict, said MADANI Government spokesman Datuk Fahmi Fadzil.