Public Bank To Acquire 44.15 Pct In LPI Capital For RM1.72 Bln Cash

KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.

Top Glove Expects To Return To Black In FY2025 - MD

KUALA LUMPUR, Oct 10 (Bernama) -- Glove manufacturer, Top Glove Corporation Bhd expects to return to the black in financial year 2025 (FY2025), driven by the increase in sales volume and improved utilisation rates.

MIDA Achieves Nearly Half Of RM2.5 Bln Investment Goal At IGEM 2024 As Of 2nd Day

KUALA LUMPUR, Oct 10 (Bernama) -- The Malaysian Investment Development Authority (MIDA) today unveiled seven memoranda of understanding (MoUs) with potential investments of over RM1 billion in the green sector at the International Greentech & Eco Products Exhibition & Conference 2024 (IGEM) here.

Top Glove Net Loss Narrows To RM61.81 Mln In FY2024

KUALA LUMPUR, Oct 10 (Bernama) -- Top Glove Corporation Bhd has reduced its net loss to RM61.81 million for the financial year ended Aug 31, 2024 (FY2024) from RM925.22 million in FY2023.

RHB Positive On Guan Chong MoU With Ivory Coast's CCC, Maintains 'Buy' Call

KUALA LUMPUR, Oct 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on cocoa manufacturer Guan Chong Bhd's (Guan Chong) recent memorandum of understanding (MOU) with Ivory Coast's Conseil du Café-Cacao (CCC) to acquire a 25 per cent stake in CotéTranscao d’Ivoire (CI). 

HRD Corp's Enhanced Allowable Cost Matrix To Boost Competitiveness, Productivity - FMM

KUALA LUMPUR, Oct 9 (Bernama) -- The enhancement of the Human Resource Development Corporation’s (HRD Corp) Allowable Cost Matrix (ACM) will significantly boost the competitiveness and productivity of Malaysian industries, said the Federation of Malaysian Manufacturers (FMM).

Opengear’s Advanced Solutions Untangle IT Management Complexity

KUALA LUMPUR, Oct 9 (Bernama) -- Opengear, a Digi International company, has introduced two new advanced offerings that will simplify initial setup with zero-touch provisioning and ensure access to information technology (IT) infrastructure.

ASEAN Should Focus On High-impact 'quick Wins' To Provide Tangible Business Values - Tengku Zafrul

From Rosmalis Anuar

VIENTIANE, Oct 7 (Bernama) — ASEAN should focus on high-impact “quick wins” that are practical and capable of providing immediate and tangible business value to enhance the visibility of the grouping to its immediate stakeholders.

Philips, Siloam Hospitals Group To Back Indonesia’s Healthcare Transformation Strategy

KUALA LUMPUR, Oct 7 (Bernama) -- Royal Philips, a global leader in health technology, and Siloam Hospitals Group, Indonesia’s private healthcare provider, have signed a memorandum of understanding (MoU) to advance artificial intelligence (AI) capabilities and development in the healthcare sector in Indonesia.

Northport's Capacity, Efficiency To Improve With Newly-completed Container Yard

KUALA LUMPUR, Oct 7 (Bernama) --  Northport (Malaysia) Bhd has completed its latest container yard, Block K, adding 662,256 twenty-foot equivalent units (TEUs) to its capacity based on dwell time of five days.

Duck Creek Payments Facilitator Provides Seamless End-to-end Insurance Payment Solution

KUALA LUMPUR, Oct 3 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, introduced its latest insurance-focused payments solution, the Duck Creek Payments Facilitator.

Mavenir’s 5G UPF Solution Bags Leading Lights Network Energy Efficiency Award 

KUALA LUMPUR, Oct 3 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has won the Leading Lights Network Energy Efficiency Award for its Energy-Efficient 5G User Plane Function (UPF) solution.