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Hektar REIT Proposes RM125 Mln Deal To Acquire, Lease International School

KUALA LUMPUR, May 22 (Bernama) -- Hektar Real Estate Investment Trust (Hektar REIT) has proposed to acquire the leasehold interest in 2.43 hectares in Setapak, Kuala Lumpur, together with a private school known as KYS KL East International School (KYSKLEIS) on it, for a purchase consideration of RM125 million.

ADE Secures US$100 Mln Financing From QNB Group To Accelerate Expansion, Strengthen Regional Position

KUALA LUMPUR, May 22 (Bernama) -- Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd, has secured a US$100 million (US$1=RM3.95) financing facility from QNB Group, a financial institution in the Middle East and Africa.

EIG’s MidOcean Energy Secures US$120 Mln Investment From The Arab Energy Fund

KUALA LUMPUR, May 21 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has secured a US$120 million equity investment from The Arab Energy Fund (TAEF) as part of its ongoing capital raise. (US$1=RM3.96)

Malaysia Builds Rail Talent Through ECRL Training In China

From Norsyafawati Ab Wahab

LIUZHOU (China), May 20 (Bernama) -- The East Coast Rail Link (ECRL) Industrial Skills Training Programme (PLKI-ECRL), conducted at Liuzhou Railway Vocational Technical College (LRVTC), is helping Malaysia develop a skilled workforce for the rail industry.

Singapore Retains Top APAC Meeting Destination Ranking For 2026 - Cvent

KUALA LUMPUR, May 20 (Bernama) -- Cvent released its annual rankings of the top meeting destinations and meeting hotels in Asia Pacific (APAC), with Singapore retaining the top destination ranking for the eighth time and Hilton Singapore Orchard claiming the region’s top meeting hotel position for the first time.

Primer Secures US$100 Mln Funding For AI, US Expansion

KUALA LUMPUR, May 20 (Bernama) -- Primer, the unified infrastructure for global payments, has secured a US$100 million Series C funding round as it expands its artificial intelligence (AI)-enabled operating layer for global payments and finance. (US$1=RM3.97)

Cloudflare, Anthropic To Provide Secure, Scalable Foundation For Autonomous AI

KUALA LUMPUR, May 20 (Bernama) -- Cloudflare Inc, the leading connectivity cloud company, is collaborating with Anthropic to launch Cloudflare Environments for Claude Managed Agents, aimed at providing a secure and scalable foundation for autonomous artificial intelligence (AI) agents.

BDB Infra Wins RM251.65 Mln Road Maintenance Contract From Kedah State Govt

ALOR SETAR, May 20 (Bernama) — BDB Infra Sdn Bhd, a wholly owned subsidiary of Bina Darulaman Bhd (BDB), has secured a road maintenance contract worth RM251.65 million from the Kedah state government.

MyCEB Showcases Malaysia At IMEX Frankfurt 2026

KUALA LUMPUR, May 20 (Bernama) -- The Malaysia Convention & Exhibition Bureau (MyCEB), an agency under the Ministry of Tourism, Arts and Culture (MOTAC), is again representing Malaysia at IMEX Frankfurt 2026, reinforcing the country’s position as a premier destination for global business events.

Gamuda Unit Bags Two EPC Contracts In Australia Worth RM3.12 Bln

KUALA LUMPUR, May 20 (Bernama) -- Gamuda Bhd’s wholly owned subsidiary in Australia, DT Infrastructure, has secured two engineering, procurement and construction (EPC) contracts worth AU$1.1 billion (approximately RM3.12 billion) for the delivery of Smoky Creek and Guthrie’s Gap solar power stations.

Wasco Posts RM11.10 Mln Net Profit In 1Q

KUALA LUMPUR, May 19 (Bernama) -- Wasco Bhd recorded a net profit of RM11.10 million in the first quarter ended March 31, 2026 (1Q 2026), compared with RM35.43 million a year earlier.

Pharmaniaga Gets Approval For Five-For-One Share Consolidation

KUALA LUMPUR, May 19 (Bernama) -- Pharmaniaga Bhd today secured shareholder approval for its proposed five-for-one share consolidation at the group’s extraordinary general meeting (EGM), with completion expected in early June 2026.