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MYEG 1Q 2025 Net Profit Rises To RM181.64 Mln

KUALA LUMPUR, May 20 (Bernama) -- MY E.G. Services Bhd (MYEG) recorded a higher net profit of RM181.64 million for the first quarter ended March 31, 2025 (1Q 2025) compared to RM155.95 million in the previous corresponding period.

MACC Raids PeterLabs Offices Amid Misconduct Probe Involving Executive Director

KUALA LUMPUR, May 19 (Bernama) -- The Malaysian Anti-Corruption Commission (MACC) today raided the offices of PeterLabs Holdings Bhd and its subsidiary, Thye On Tong Trading Sdn Bhd (TOT), over allegations of misconduct involving an executive director.

Abang Johari Calls For Sarawak Energy Restructuring To Support Expansion Plans

KUCHING, May 17 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg has called for the restructuring of the state-owned power generation and supply company, Sarawak Energy Bhd (SEB) to support the state's expansion in energy production and supply.

Keyfield International Unit Secures AWB Contract From Petronas Carigali

KUALA LUMPUR, May 13 (Bernama) -- Keyfield International Bhd’s (KIB) wholly owned subsidiary, Keyfield Offshore Sdn Bhd (KOSB), has secured a work order award (WOA) from Petronas Carigali Sdn Bhd (PCSB) for the provision of an accommodation work boat (AWB).

AVI Calls For Governance Reforms At Wacom, Tables Shareholder Proposals 

KUALA LUMPUR, May 9 (Bernama) -- Asset Value Investors Ltd (AVI) has launched a campaign urging Wacom Corporation (Wacom) to improve its responsiveness to capital market expectations and announced the submission of shareholder proposals ahead of Wacom’s annual general meeting (AGM) scheduled for June.

Public Bank Sees Minimal Credit Exposure To US Tariff Risks

KUALA LUMPUR, May 8 (Bernama) -- Public Bank Bhd sees minimal credit exposure to potential United States (US) tariff risks, estimating that less than three per cent of its total loans may be affected with asset quality expected to remain stable.

Scorpius Holdings Eyes Malaysia For Halal Biomanufacturing Expansion 

KUALA LUMPUR, May 5 (Bernama) -- Scorpius Holdings Inc, a United States (US)-based integrated contract development and manufacturing organisation, is exploring the establishment of a halal-compliant biomanufacturing facility in Malaysia as part of its international expansion strategy.

MCOM Holdings to Submit Appeal Against Potential De-listing From Leap Market

KUALA LUMPUR, May 2 (Bernama) -- LEAP Market-listed MCOM Holdings Bhd said it will make a written representation to Bursa Malaysia as to why its securities should not be delisted within five market days from today.

Sarawak's Hartanah Kenyalang Launches IPO Prospectus, Aims To Raise RM19.3 Mln

KUCHING, April 30 (Bernama) -- Hartanah Kenyalang Bhd has launched its prospectus en route to its initial public offering (IPO) on Bursa Malaysia’s ACE Market to raise RM19.3 million based on its IPO price of RM0.16 apiece.

Iran Expo 2025 Crucial In Strengthening Trade Ties Between Iran And Foreign Businesses -- Pezeshkian

TEHRAN, April 30 (Bernama) -- The seventh Exhibition of Export Potential of Iran (Iran Expo 2025) is expected to play a crucial role in strengthening economic and trade ties between the Iranian business community and its foreign counterparts.

Mustakim Mohamad Appointed New TH Group Managing Director, CEO

KUALA LUMPUR, April 29 (Bernama) -- Lembaga Tabung Haji (TH) has appointed its group executive finance director Mustakim Mohamad as the new group managing director and chief executive officer replacing Datuk Syed Hamadah Syed Othman.

Bursa Malaysia Publicly Reprimands Reach Energy, Fines Six Directors

KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Reach Energy Bhd and seven of its directors for breaching the Bursa Malaysia Securities Main Market Listing Requirements.