Mydin Aims Over RM3 Bln Sales Of Frozen Products This Year

By Mohd Noor Iqram Rosli

KOTA BHARU, Feb 10 (Bernama) -- Halal wholesaler and retailer chain Mydin Mohamed Holdings Bhd aims to rake in RM3.2 billion in sales revenue for this year.

Labuan’s USO Continues Expansion With Seventh Office Facility At Mid Valley

By Jailani Hasan

LABUAN, Feb 7 (Bernama) -- Universal Serviced Offices (USO), a Labuan-based serviced office provider, has announced its latest expansion with a new facility in Mid Valley, Kuala Lumpur. 

Over RM50 Million Spent By 700,000 SARA Recipients As Of Feb 5

KUALA LUMPUR, Feb 6 (Bernama) -- More than RM50 million has been spent by 700,000 recipients of the Sumbangan Asas Rahmah (SARA) in the poor and hardcore poor categories on the purchase of basic necessities, as of yesterday (Feb 5).

Lendlease Global Commercial REIT Reports Lower DPU, Revenue For 1H FY2025

KUALA LUMPUR, Feb 4 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (LREIT) reports a 14.3 per cent drop in distribution per unit (DPU) to 1.8 cents for the first half financial results for 2025 (1HFY2025) ended Dec 31 2024, compared to 2.1 cents in the previous year.

Vendors Struggle With Coconut Shortage, Price Hikes Ahead Of Thaipusam

KUALA LUMPUR, Feb 4 (Bernama) -- As Thaipusam approaches, vendors across Malaysia face significant shortages and price hikes of key festival essentials, particularly coconuts and flowers, creating challenges for vendors and devotees alike.

Mulpha International To Dispose Of Shopping Mall, Marina In Australia For RM233.42 Mln

KUALA LUMPUR, Feb 3 (Bernama) -- Mulpha International Bhd (MIB) has entered into a contract for the disposal of a shopping centre, Capri on Via Roma, and associated marina located in Queensland, Australia for A$85.5 million (RM233.42 million).

Sunway REIT Net Profit Rises To RM524.75 Mln In FY2024, Declares 10 Sen DPU

KUALA LUMPUR, Feb 3 (Bernama) -- Sunway Reit Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), saw its net profit surging to RM524.75 million for the financial year ended Dec 31, 2024 (FY2024) from RM338.19 million a year earlier.

Local Institutions Support Bursa Malaysia For 15th Week - MIDF

KUALA LUMPUR, Feb 3 (Bernama) -- Local institutions extended their support for Bursa Malaysia for the 15th consecutive week, recording net purchases of RM149.4 million, MIDF Amanah Investment Bank Bhd (MIDF) said.

Awantec Sells Office Building For RM25 Mln In Asset Rationalisation

KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.  

Malaysia's Banking System Maintains Healthy Liquidity Position In December 2024 -- BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.

KLIA Aerotrain Saga: A Disappointing Delay

By Kisho Kumari Sucedaram

KUALA LUMPUR, Jan 30 (Bernama) -- The delay in resumption of the Kuala Lumpur International Airport (KLIA) Aerotrain service, originally scheduled for January 2025, has been nothing short of disappointment after over two years of anticipation.

Local Institutions Support Bursa Malaysia For 14th Week

KUALA LUMPUR, Jan 27 (Bernama) -- Local institutions extended their support for Bursa Malaysia for the 14th consecutive week, recording net purchases of RM551.6 million, according to MIDF Amanah Investment Bank Bhd (MIDF).