AMMB Net Profit Rises To RM516 Mln In 1Q 2025
KUALA LUMPUR, Aug 18 (Bernama) -- AMMB Holdings Bhd's net profit rose to RM516.18 million in the first quarter ended June 30, 2025 from RM500.20 million in the same period a year ago.
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There are 147 news based on search keyword "restructuring"
MOF: EPF Monthly Payout Plan Won’t Affect Current Withdrawals
KUALA LUMPUR, Aug 7 (Bernama) -- The proposed implementation of monthly pension-style payments for Employees Provident Fund (EPF) members, announced during the tabling of the 13th Malaysia Plan (13MP), will not affect the withdrawal rights of existing members, said Deputy Finance Minister Lim Hui Ying.
CIMB Securities: Water Tariff Revision Opens Path For Investment, Private Funding Still Needed
KUALA LUMPUR, Aug 5 (Bernama) -- Malaysia’s water sector still requires alternative funding schemes involving the private sector to reduce the federal government’s financial burden despite the ongoing review of water tariffs in selected states.
Singapore To Embark On Economic Strategy Review To Stay Globally Competitive
SINGAPORE, Aug 4 (Bernama) -- Singapore will undertake an Economic Strategy Review (ESR) aimed at strengthening the nation’s global competitiveness and economic relevance amid structural shifts such as geopolitical realignments and rapid technological disruptions.
Settlers To Benefit From Felda’s Majority Stake In FGV - DPM Zahid
KUALA LUMPUR, Aug 2 (Bernama) -- The Federal Land Development Authority’s (Felda) acquisition of a majority stake in FGV Holdings Bhd (FGV) will pave the way for full ownership and restructuring of the company, and Felda settlers will stand to benefit from the profits, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
Westports 2Q Net Profit Rises 14 Pct To RM231.63 Mln
KUALA LUMPUR, Aug 1 (Bernama) -- Wesports Holdings Bhd’s net profit rose 14 per cent to RM231.63 million in the second quarter ended June 30, 2025 (2Q 2025), compared with RM203.75 million in the same period last year, on higher container revenue, although increased operating expenses partly offset this.
KNM's Subsidiary To Dispose Of Entire Equity Interest In FBM Hudson Italian
KUALA LUMPUR, Aug 1 (Bernama) -- KNM Group Bhd’s wholly-owned subsidiary, KNM Europa BV, will dispose of its entire equity interest in FBM Hudson Italian SPA (FBMHI) to SymbEx GmbH and Terragarda GmbH for EUR19.50 million (EUR1=RM4.89).
Petronas Sets Up Transition Council, Human Capital Development Committee Following Restructuring
KUALA LUMPUR, July 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) has established a Transition Council and a Human Capital Development Committee aimed at coordinating a fair and structured redeployment of staff following the company's organisational restructuring.
MMM To Be Suspended, Faces Delisting After Regularisation Plan Rejected
KUALA LUMPUR, July 30 (Bernama) -- Trading in MMM Group Bhd’s securities will be suspended from Aug 7, 2025, after Bursa Malaysia Securities Bhd rejected its regularisation plan for failing to meet requirements under Practice Note 17 (PN17) of the Main Market listing requirements.
Household Debt At RM1.65 Trillion At End-March 2025 - Lim Hui Ying
KUALA LUMPUR, July 29 (Bernama) -- Malaysia’s household debt stood at RM1.65 trillion as of the end of March 2025, equivalent to 84.3 per cent of the nation’s gross domestic product (GDP).
RON95 Price Lowered To RM1.99 Per Litre After Targeted Subsidy, People Will Not Be Affected - PM Anwar
KUALA LUMPUR, July 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today announced that the price of RON95 petrol will drop following the planned targeting of fuel subsidies, thus giving assurances that the rakyat will not be affected.
Analysts See Malaysia's Inflation Rate At Between Two And 2.2 Pct In 2025
KUALA LUMPUR, July 22 (Bernama) -- Malaysia's inflation for 2025 is projected at 2.0 per cent, supported by the “gradual and orderly implementation of fiscal retargeting measures and moderate demand-side pressures,” said RHB Investment Bank Bhd (RHB IB).