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KUALA LUMPUR, May 26 (Bernama) -- ICHAM Pte Ltd, a regional multi-family office and alternative asset manager, has launched a new open-ended Singapore Variable Capital Company (VCC) fund that invests in selected sectors of United States (US) equities and incorporates option-based strategies.
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.
KUALA LUMPUR, May 25 (Bernama) -- Allianz Malaysia Bhd posted a higher net profit of RM227.35 million in the first quarter of its financial year ended March 31, 2026 (1Q 2026), compared to RM213.04 million in 1Q 2025.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 25 (Bernama) -- Bursa Malaysia closed lower on Monday as investors turned cautious, with profit-taking emerging in selected heavyweights, amid rising global bond yields and ahead of the US inflation release.
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).
KUALA LUMPUR, May 25 (Bernama) -- MISC Bhd reported a higher net profit of RM741.4 million for the first quarter ended March 31, 2026 (1Q FY2026), compared with RM705.7 million in the corresponding quarter last year.
PUTRAJAYA, May 25 (Bernama) -- The newly expanded Sultan Ismail Petra Airport (KBR) in Kota Bharu handled 562,081 passenger movements between January and April this year, reflecting a 3.9 per cent increase compared to the same period last year.
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)
KUALA LUMPUR, May 24 (Bernama) -- A Malaysian strategic advisory firm is positioning itself as a bridge connecting Malaysia and the Russia-Commonwealth of Independent States (CIS) market, aiming to unlock cross-border investment opportunities while strengthening Malaysia’s role as a strategic gateway into Southeast Asia.
By Wan Muhammad Aslah Wan Razali
KUALA LUMPUR, May 23 (Bernama) -- Malaysia has a strong foundation to lead the development of smart and sustainable energy in the ASEAN region, particularly through efforts to realise the ASEAN Power Grid (APG), said Malaysia’s Tenaga Nasional Bhd (National Energy Limited) senior chief strategy, regulatory and sustainability officer Muhamad Nazri Pazil.
KUALA LUMPUR, May 23 (Bernama) -- Bursa Malaysia is expected to trade with a slight uptrend next week following the recent market pullback as bargain-hunting activities and improved investor sentiment may provide support to selected heavyweights.
KUALA LUMPUR, May 22 (Bernama) -- Ann Joo Resources Bhd (Ann Joo) has proposed to dispose of its 100 per cent equity interest in Ann Joo Steel Bhd (AJSB) to Singapore-based Green Esteel Pte Ltd following the mutual termination of a heads of agreement to sell the stake to Southern Steel Bhd today.
