Govt To Galvanise RM470 Bln Resources In Budget 2026 To Fortify Economy Against Global Shocks - PM Anwar

By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has galvanised RM470 billion resources in Budget 2026, prioritising economic resilience and expanded support for small businesses to future-proof the economy amid persistent global uncertainties and regional headwinds and also goes hard on enforcement to prevent economic leakages.

AXS Acquires Majority Stake In SISTIC To Strengthen Singapore Entertainment

KUALA LUMPUR, Oct 8 (Bernama) -- AXS, the global ticketing division of United States-based Anschutz Entertainment Group (AEG), has entered into a strategic partnership with Singapore’s leading ticketing platform, SISTIC, acquiring a majority stake in the company.

Budget 2026: Digital Banks Hope Targeted Subsidies, Cash Aid Channelled Via Their Platforms 

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 8 (Bernama) – Digital banks are urging the government to prioritise the distribution of targeted subsidies and cash aid in Budget 2026 through digital banking platforms, highlighting their potential to deliver a more equitable and efficient system.

IHH Healthcare Receives Greenlight From India Stock Exchange On Fortis Deal 

KUALA LUMPUR, Oct 3 (Bernama) -- IHH Healthcare Bhd has obtained approval from the Securities and Exchange Board of India (SEBI) to proceed with its open offer to acquire stakes in Fortis Healthcare and Fortis Malar Hospitals.

​EIG’s Midocean Energy Acquires 20 Pct Stake In Petronas’ Canadian LNG Assets 

KUALA LUMPUR, Oct 1 (Bernama) -- MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, has entered into definitive agreements to acquire a 20 per cent interest in key Canadian energy assets owned by PETRONAS, Malaysia’s state-owned energy giant.

OSK Subsidiary Acquires 1.34-hectare Freehold Land In Subang Jaya For RM44 Mln

KUALA LUMPUR, Sept 30 (Bernama) -- OSK Holdings Bhd’s indirect 99.96 per cent subsidiary, Perspektif Vista Sdn Bhd, has signed a sale and purchase agreement with Tropicana Metropark Sdn Bhd to acquire 1.34 hectares of freehold land in Subang Jaya for RM44 million.

North Atlantic Finalises Deal To Acquire ExxonMobil’s Stake In Esso S.A.F. And EMCF

KUALA LUMPUR, Sept 25 (Bernama) -- North Atlantic France SAS (North Atlantic) has entered into an agreement with ExxonMobil France Holding SAS (ExxonMobil) to acquire ExxonMobil's entire stake in Esso Société Anonyme Française SA (Esso S.A.F.) and ExxonMobil Chemical France SAS (EMCF).

HARMAN Acquires Sound United, Expanding Global Audio Leadership

KUALA LUMPUR, Sept 24 (Bernama) -- HARMAN International (HARMAN), a wholly-owned subsidiary of Samsung Electronics Co Ltd, has completed the acquisition of Sound United, the former consumer audio business of Masimo Corporation.

JF Tech Subsidiary Invests US$1.3 Mln In US Semiconductor Venture To Boost Market Presence

KUALA LUMPUR, Sept 23 (Bernama) -- JF Technology Bhd’s (JF Tech) 75 per cent-owned indirect subsidiary, ATS Technology Services Sdn Bhd (ATSSB), has entered into a shareholders' agreement to acquire a 13 per cent stake in California-based ATS Technology Services Inc (ATSI) for US$1.3 million (RM5.46 million).

Pharmaniaga Acquires Penang Property For RM30 Mln

KUALA LUMPUR, Sept 19 (Bernama) -- Pharmaniaga Bhd's wholly-owned unit, Pharmaniaga Logistics Sdn Bhd has entered into a sale and purchase agreement (SPA) with N H Development Sdn Bhd to acquire a property in Seberang Perai Selatan, Penang for RM30 million.

Ace Market-bound Cheeding Aims To Raise RM51.5 Mln From IPO

PETALING JAYA, Sept 12 (Bernama) -- Utilities engineering services provider Cheeding Holdings Bhd aims to raise RM51.5 million via its initial public offering (IPO), ahead of its ACE Market listing on Bursa Malaysia Securities Bhd on Oct 7, 2025.

Vimeo Snapped Up By Bending Spoons In Nearly US$1.38 Bln All-cash Deal

KUALA LUMPUR, Sept 11 (Bernama) -- Vimeo Inc, a video platform for business, has entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at approximately US$1.38 billion. (US$1=RM4.20)