Supermax's Associate Company To Establish US$50 Mln Medical Glove Facility In Brazil

Mudajaya Unit To Sell 45 Pct Stake In Real Jade For RM118.45 Mln To Offset Debt

KUALA LUMPUR, May 28 (Bernama) -- Mudajaya Group Bhd’s indirect wholly owned subsidiary, Xelmont Ltd, is disposing of its 45 per cent equity interest in Real Jade Ltd to Minyi Holdings Ltd (MHL) for HK$234 million (RM118.45 million).

SC Enhances Primary Market Framework To Improve Public Listing Access For Issuers

KUALA LUMPUR, May 28 (Bernama) -- The Securities Commission Malaysia (SC) today released its revised Equity Guidelines and Response Paper, introducing targeted enhancements to the primary market framework. 

Petronas' Full Ownership Of PRefChem Cements Malaysia's Longer-Term Ambition -- Analyst

By Siti Radziah Hamzah

KUALA LUMPUR, May 26 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) move to assume full ownership of the Pengerang Integrated Complex’s refining and petrochemical operations from Saudi Aramco could further cement Malaysia’s longer-term ambition of positioning Pengerang as a major regional hub for refining, storage, petrochemicals and trading. 

Hong Leong Bank Records Higher Net Profit Of RM1.03 Bln In 3Q

KUALA LUMPUR, May 26 (Bernama) -- Hong Leong Bank Bhd posted a higher net profit of RM1.03 billion in the third quarter ended March 31, 2026 (3Q 2026) from RM946.70 million in 3Q 2025. 

Petronas To Assume Full Ownership of Prefchem

KUALA LUMPUR, May 25 (Bernama) -- Petronas announced today that its subsidiary, Petronas Refinery and Petrochemical Corporation Sdn Bhd, is set to acquire the stake held by Saudi Arabian Oil Company (Aramco) in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor.

Petronas, Aramco Announce Transfer of Full Ownership of PRefChem To Petronas

KUALA LUMPUR, May 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Saudi Arabian Oil Company (Aramco) today announced the signing of an agreement for the transfer of the latter’s equity stakes, held via Aramco Overseas Company B.V., in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (collectively, PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor to Petronas.

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).

Stoneshield Capital To Increase Stake In Exolum To 20 Pct

KUALA LUMPUR, May 25 (Bernama) -- Stoneshield Capital, a European real assets investment firm, has signed an agreement to acquire a 15 per cent stake in Exolum from OMERS, building on its existing investment in the company.

​SC Launches Social Exchange Platform; Aims For Accountability In Charitable Funding

KUALA LUMPUR, May 25 (Bernama) — The launch of the Social Exchange platform by the Securities Commission (SC) will address public concerns related to charity fundraising and support social outcomes in a more organised and accountable manner.

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)

Malaysian, ASEAN Manufacturers Poised To Unlock US$1.2 Trillion AI Growth Opportunity -- Kearney

By Siti Noor Afera Abu

KUALA LUMPUR, May 24 (Bernama) -- Manufacturers across ASEAN, including Malaysia, could unlock up to US$1.2 trillion (US$1=RM3.95) in artificial intelligence (AI)-driven gross output value growth by 2030, according to global management consultancy firm Kearney.