1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Power International Holding (PIH), a globally recognised Qatari-based conglomerate, has officially completed the acquisition of Mobile Telecom-Service LLP (MTS) from Kazakhtelecom JSC, securing full ownership of the company.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) has successfully closed its underwritten initial public offering (IPO) of 2,100,000 Class A Ordinary Shares at a public offering price of US$4.00 per share, raising total gross proceeds of US$8.4 million before underwriting discounts and commissions. (US$1 = RM4.49)
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- The distribution of Sumbangan Asas Rahman (SARA) assistance via the use of MyKad will be expanded to Sabah and Sarawak this year instead of only in Peninsular Malaysia in 2024, said the Finance Ministry (MOF).
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia’s wholesale and retail trade sector grew by 4.7 per cent year-on-year to achieve sales of RM149.3 billion in November 2024, the second-highest monthly sales achieved so far for the year, according to the Department of Statistics Malaysia (DOSM).
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit rebounded from yesterday’s loss to close higher against the US dollar on Friday, driven by renewed demand despite the greenback’s positive momentum.
1y ago
By Naveen Prabu
KUALA LUMPUR, Jan 10 (Bernama) -- Children’s wear brand Balabala has opened its first store in Malaysia at Pavilion Kuala Lumpur today.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia External Trade Development Corporation (MATRADE) today signed a solar power purchase agreement (PPA) with Kejuruteraan Cahaya Abadi Sdn Bhd (KCASB) for electricity consumption savings worth RM500,000 a year.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- The Malaysia Gold Association (MGA) has called for the immediate cessation of and ban on the import, fabrication, and sale of “gold-wrapped silver” and similar gold-wrapped products.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- Keyfield International Bhd’s platform supply vessel (PSV) acquisition is expected to provide a seven per cent increase towards the group’s financial year 2025 (FY2025F) core net profit (CNP) forecast, according to AmInvestment Bank Bhd (AmInvest).
1y ago
KUALA LUMPUR, Jan 6 (Bernama) -- Local institutions supported Bursa Malaysia for the 11th consecutive week, with net purchases of RM304.0 million in domestic equities, according to MIDF Amanah Investment Bank Bhd (MIDF).
1y ago
GEORGE TOWN, Jan 3 (Bernama) -- Construction of Hunza Properties Bhd's latest flagship development, Senze@PICC, is progressing well, with purchasers expected to receive keys to their homes in 2027.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- Malaysia’s banking loan growth is projected at 6.0 per cent in 2025 amid uncertainties in foreign trade policies, said Kenanga Investment Bank Bhd (Kenanga IB).