Genting Issues RM900 Mln Bonds To Fund Genting Malaysia Buyout

KUALA LUMPUR, Nov 10 (Bernama) -- Genting Bhd has raised RM900 million through medium-term notes (MTNs) to partly fund its acquisition of the remaining shares in Genting Malaysia Bhd.

Petronas Unit Receives Malaysia’s First Offshore CCS Assessment Permit

KUALA LUMPUR, Nov 10 (Bernama) -- Petronas’ wholly-owned subsidiary, Petronas CCS Ventures Sdn Bhd (PCCSV) has been granted an offshore assessment permit for Carbon Capture and Storage (CCS) for the Duyong area by the Malaysia Carbon Capture, Utilisation, and Storage (MyCCUS) Agency.

BTC Maju Targets China, Saudi Markets With Fried Bitter Gourd Products

From Amanina Mohamad Yusof

SHANGHAI, Nov 9 (Bernama) -- BTC Maju Holding Sdn Bhd, a subsidiary of BTC Bhd, aims to raise its annual sales to RM10 million next year from the current RM2 million as it seeks to expand its export market to China and Saudi Arabia with its innovative bitter gourd–based products.

PNB Merdeka Ventures Makes ASEAN's Largest Corporate Sustainability Sukuk Issuance

KUALA LUMPUR, Nov 6 (Bernama) -- PNB Merdeka Ventures Sdn Bhd has completed the inaugural issuance of the Sustainability Merdeka Sukuk Wakalah under its Merdeka Sukuk Wakalah Programme of up to RM6 billion in nominal value as part of its funding diversification strategy. 

MyTech Group Diversifies Into Moneylending Business

KUALA LUMPUR, Nov 6 (Bernama) -- MyTech Group Bhd has undertaken a proposed diversification of its existing business and that of its subsidiaries (group) to include moneylending activities.

Ann Joo Unit To Dispose Of Penang Industrial Land To Axis REIT For RM800 Mln

KUALA LUMPUR, Nov 6 (Bernama) -- Ann Joo Resources Bhd’s (AJR) wholly-owned subsidiary, Ann Joo Steel Bhd (AJSB), has accepted a conditional letter of offer from Axis REIT Managers Bhd for a proposed disposal of a freehold industrial land in Prai, Penang, for RM800 million.

IJM Bags RM1.4 Bln Contract To Build New Pantai Highway Extension

KUALA LUMPUR, Nov 5 (Bernama) -- IJM Corporation Bhd’s wholly-owned subsidiary, IJM Construction Sdn Bhd, has secured a contract from New Pantai Expressway Sdn Bhd to design and build the New Pantai Highway Extension (NPE 2) for RM1.4 billion.

EXIM Bank Malaysia Extends US$70 Mln Islamic Financing To Berjaya Okinawa

KUALA LUMPUR, Nov 5 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has extended a US$70 million (US$1=RM4.19) Islamic Overseas Investment Financing facility to Berjaya Land Bhd’s wholly owned subsidiary, Berjaya Okinawa Investment (S) Pte Ltd. 

UUE Unit Wins RM67.3 Mln Power Cable Contract In Singapore

KUALA LUMPUR, Nov 4 (Bernama) -- UUE Holdings Bhd’s wholly-owned subsidiary, Konnection Engineering Pte Ltd, has secured a RM67.3 million contract from Wee Guan Construction Pte Ltd, marking its largest order win in Singapore to date.

Binastra Wins RM188.53 Mln Mechanical Fit-out Contract For Data Centre

KUALA LUMPUR, Nov 4 (Bernama) -- Binastra Corporation Bhd’s wholly-owned subsidiary Binastra Builders Sdn Bhd has accepted a contract worth RM188.53 million from MYT DC3 Sdn Bhd for phase 2 of a mechanical and electrical fit-out for a proposed construction of a data centre project.

Monash University Campus To Strengthen TRX As World-class Financial Centre

KUALA LUMPUR, Nov 3 (Bernama) -- TRX City Sdn Bhd aims to nurture global talent within Malaysia’s premier financial hub through its collaboration with Monash University Malaysia to develop a new campus at the Tun Razak Exchange (TRX).

Sabah Formalises 25 Pct Stake In PETRONAS PFLNG 3

KOTA KINABALU, Oct 31 (Bernama) -- Sabah has formalised its 25 per cent equity acquisition in PETRONAS PFLNG 3 Sdn Bhd, further strengthening collaboration between the state and the national oil company, said Chief Minister Datuk Seri Hajiji Noor.