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CompAsia Targets RM400 Mln-500 Mln Main Market IPO In 1H 2027

By Niam Seet Wei

KUALA LUMPUR, March 17 (Bernama) -- Integrated refurbished technology leader CompAsia Sdn Bhd is set to launch its Main Market initial public offering (IPO) on Bursa Malaysia in the first half of 2027 (1H 2027), aiming to raise around RM400 million to RM500 million, with a valuation of about RM2 billion.

Manufacturing Sector Stabilised In 2H 2025, Improvement Expected In 1H 2026 - FMM

KUALA LUMPUR, March 17 (Bernama) -- Malaysia’s manufacturing sector stabilised in the second half of 2025 (2H 2025) following earlier weakness, with gradual improvement expected in the first half of 2026 (1H 2026), according to the Federation of Malaysian Manufacturing (FMM).

Megah Port Management, Labuan Port Authority Ink Agreements To Boost Port Operations

KUALA LUMPUR, March 17 (Bernama) -- Megah Port Management Sdn Bhd (MPM) and the Labuan Port Authority (LPA) today signed the operation, facility and management continuation agreement and the leasing agreement aimed at further strengthening port operations and maritime services on this duty-free island.

Founders Connects Event Brings Startups, Investors Together In UAE

KUALA LUMPUR, March 16 (Bernama) -- A networking event in Dubai bringing together startup founders, investors and ecosystem partners highlighted the importance of structured peer-to-peer collaboration within the region’s startup ecosystem, with Dmitry Shubov, founder of Dmitry Shubov Consulting, among those in attendance.

More Than RM7 Bln Mobilised Under MyCIF To Fund Over 11,500 MSMEs -- SC Chairman

KUALA LUMPUR, March 16 (Bernama) -- More than RM7 billion was mobilised under Malaysia Co-investment Fund (MyCIF) to fund over 11,500 micro, small and medium enterprises (MSMEs) and startups since 2019, said Securities Commission chairman Datuk Mohammad Faiz Azmi.

MyCIF Gets Additional RM20 Mln, Total Allocation Hits RM50 Mln In 2026 -- Amir Hamzah

KUALA LUMPUR, March 16 (Bernama) -- The government will allocate an additional RM20 million to the Malaysia Co-investment Fund (MyCIF), in addition to the RM30 million announced in Budget 2026, bringing the total allocation this year to RM50 million.

TNB, TM Team Up On Green Energy, Digital Infrastructure

KUALA LUMPUR, March 16 (Bernama) -- Tenaga Nasional Bhd (TNB) and Telekom Malaysia Bhd (TM) have embarked on a strategic collaboration to strengthen cooperation in green energy solutions while developing smarter, more sustainable, and interconnected energy and telecommunications infrastructure across the country.

Foreign Investors Record US$16.8 Bln Outflow Across Eight Asian Markets Last Week

KUALA LUMPUR, Mar 16 (Bernama) -- Foreign investors extended a four-week streak of net selling across eight Asian markets, with net outflows totalling US$16.8 billion, according to MBSB Investment Bank Bhd.

Malaysia's Economic Performance Still Positive Despite Global Uncertainty -- Chief Statistician

JASIN, March 13 (Bernama) -- Malaysia has continued to show positive economic performance despite global uncertainty, according to the Department of Statistics Malaysia (DOSM) chief statistician Datuk Seri Dr Mohd Uzir Mahidin.

Malaysia In Stronger Position Thanks To Net Energy Exporter Status, Subsidy Reforms

KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s position as a net energy exporter, with petroleum reserves confirmed sufficient until at least May 2026, and the fiscal headroom created by two years of subsidy rationalisation, has placed the country in a meaningfully stronger position than its neighbours to navigate the current global energy crisis.

Ringgit Opens Easier Against US Dollar, Firmer Against Majors

KUALA LUMPUR, March 13 (Bernama) -- The ringgit opened higher against a basket of major currencies but weakened against the US dollar on Friday, as escalating tensions in West Asia dampened risk appetite, an economist said.

BNPL Use Among Malaysian Youth Raises Concern As Under-30s Make Up 40 Pct - Liew

KUALA LUMPUR, March 12 (Bernama) -- Buy now, pay later (BNPL) use among Malaysian youth raises concern as those aged 30 and below make up about 40 per cent of BNPL transactions in the country, Deputy Finance Minister Liew Chin Tong said.