Coffee Star Forges Strategic Alliance For Expansion Into Saudi Arabia

KUALA LUMPUR, Feb 27 (Bernama) -- Coffee Star, an automated coffee kiosk provider, via its parent company Fario Holdings Sdn Bhd, has signed a strategic partnership deal with Belgium’s Puro Coffee and Saudi Arabia’s Alkeyf Ibtikar to establish a joint venture and tap growing demand in the Middle East country.

Press Metal, Bintulu Development Authority Ink MoU On Solar Frame Extrusion Project

KUALA LUMPUR, Feb 27 (Bernama) -- Press Metal Aluminium Holdings Bhd has signed a memorandum of understanding (MoU) with Bintulu Development Authority for a proposed joint venture (JV) related to a solar frame extrusions facility to be located in Bintulu, Sarawak.

WCE Holdings Posts Wider Net Loss Of RM88.56 Mln In 3Q

KUALA LUMPUR, Feb 26 (Bernama) -- WCE Holdings Bhd, the concessionaire of the West Coast Expressway (WCE) project, logged a wider net loss of RM88.56 million for its third quarter (3Q) ended Dec 31, 2024, amid interest costs incurred for completed sections, which amounted to RM55.4 million in the quarter.

NX Group Unveils Key Visual, Concept Movie To Highlight Global Logistics Expertise

KUALA LUMPUR, Feb 26 (Bernama) -- Nippon Express Holdings Inc has launched a new key visual titled "Anything to Anywhere" to showcase the strengths of the NX Group in global logistics.

Petronas Seen Maintaining RM50 Bln CAPEX In 2025 Despite Petros Uncertainties

KUALA LUMPUR, Feb 26 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Petroliam Nasional Bhd (Petronas) to maintain its capital expenditure (capex) at RM50 billion or higher in the financial year 2025 (FY2025).

Multiply Group To Acquire Majority Stake In Tendam, Expanding Into European Retail And Apparel Sector

KUALA LUMPUR, Feb 26 (Bernama) -- Multiply Group PJSC, the Abu Dhabi-based investment holding company, has agreed to invest in Castellano Investments S.À R.L., securing a controlling 67.91 per cent stake in the company, which owns Tendam Brands S.A.U. and other subsidiaries.

Bursa Malaysia Ends Lower In Sync With Regional Market

By Karina Imran

KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia extended its losses for a second straight day today, in tandem with the weak regional market performance following negative cues from global equities, said an analyst.

MAVCOM-CAAM Merger Progressing Well, Timeline Yet To Be Set – Hasbi

KUALA LUMPUR, Feb 25 (Bernama) -- The merger of the Malaysian Aviation Commission (MAVCOM) and the Civil Aviation Authority of Malaysia (CAAM) is progressing well, though no specific timeline has been set, Deputy Transport Minister Datuk Hasbi Habibollah said.  

MAHB Privatisation Signals Major Changes For Malaysia’s Airport Sector -- Aviation Experts 

KUALA LUMPUR, Feb 25 (Bernama) -- The privatisation and delisting of Malaysia Airports Holdings Bhd (MAHB) represents a crucial turning point for the country’s aviation industry, offering a chance to improve operational efficiency and service quality across its airports, analysts opined.

Sime Darby To Leverage Its Strong Industrial Segment In 2025 - Analysts

KUALA LUMPUR, Feb 25 (Bernama) -- Sime Darby Bhd is set to capitalise on its strong industrial segment in 2025, driven by a robust order book and the full consolidation of UMW Holdings Bhd, analysts said.

Bursa Malaysia Opens Lower On Weak US Market Sentiment 

KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia opened lower this morning, tracking Wall Street's weaker performance as sentiment was further eroded by US President Donald Trump’s statement, said an analyst. 

99 Speed Mart Net Profit Up 22.5 Pct To RM490.26 Mln For FY2024

KUALA LUMPUR, Feb 24 (Bernama) -- 99 Speed Mart Retail Holdings Bhd’s (99 Holdings) net profit increased by 22.5 per cent to RM490.26 million in the financial year ended Dec 31, 2024 (FY2024) against RM400.22 million in FY2023, in tandem with the higher revenue and other operating income.