Bina Puri Holdings Completes RM73 Mln Credit Financing From MBSB Bank

KUALA LUMPUR, Oct 29 (Bernama) -- Bina Puri Holdings Bhd’s subsidiary, Sumbangan Lagenda Sdn Bhd, has completed the drawdown of its RM73 million credit financing facility from MBSB Bank Bhd.

Bursa Malaysia Snaps 6-day Losing Streak On Bargain Hunting, CI Up 0.29 Pct

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia finished higher today on bargain hunting, after six days of losses, as investors sought opportunities in large-cap stocks with compelling valuations following the recent global equity sell-off.

Budget 2025 Maintains Gradual Fiscal Consolidation Approach - Fitch Ratings

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia’s Budget 2025 reaffirms a commitment towards gradual fiscal consolidation from a high debt level compared with peers, according to Fitch Ratings. 

Penang Welcomes New Direct AirAsia Route From Shenzhen

GEORGE TOWN, Oct 29 (Bernama) -- Penang today welcomed AirAsia’s inaugural direct flight from Shenzhen, marking a milestone in the state's tourism development.

ACE Debutante OB Holdings Eyes Doubling Production Capacity By 2026

KUALA LUMPUR, Oct 29 (Bernama) -- OB Holdings Bhd aims to double its production capacity by 2026 with the completion of its new factory in Serendah, Selangor.

Research Houses Reiterate 'Buy' Call On Mah Sing On Data Centre Joint Development

KUALA LUMPUR, Oct 29 (Bernama) -- Research houses have reiterated their “buy” call on Mah Sing Group Bhd after the company signed a second collaboration agreement with Bridge Data Centres Malaysia VII (BDC) for the joint development of data centres (DCs).

Khazanah, PNB Secure RM3.1 Mln From Fashionvalet Share Sale – MoF

KUALA LUMPUR, Oct 29 (Bernama) -- Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB) received RM3.1 million from the sale of their shares in Fashion Valet Sdn Bhd (FashionValet), the Ministry of Finance (MoF) said on Monday.

Dividend Tax Reduced To 2 Pct In Response To MSME Appeals - PM Anwar

KUALA LUMPUR, Oct 29 (Bernama) -- The dividend tax, initially set at five per cent, has been reduced to two per cent after considering appeals, including those from micro, small and medium enterprises (MSMEs), said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Ends Lower On Heightened Caution In Data-heavy Week, Ahead Of US Election

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended lower on Monday as a data-heavy week heightened caution amid ongoing concerns about the US election, the interest rate outlook and the crisis in the Middle East.

Malaysia’s BRICS Membership Could Boost Trade, Global Influence - Academicians

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s inclusion as a partner country in the BRICS alliance could facilitate stronger economic ties with countries like China and India, both of which are already major trading partners.

GDS Partners Global Suppliers To Bring In RM1 Bln Investment -- MIDA

KUALA LUMPUR, Oct 28 (Bernama) -- Leading developer and operator of high-performance data centres GDS International exchanged memoranda of understanding (MoUs) with global suppliers in a series of partnerships that will bring an estimated RM1 billion investments for integrated factories and service centres.

ACE Market-Bound Supreme Consolidated Aims To Raise RM17.5 Mln From IPO

KUALA LUMPUR, Oct 28 (Bernama) -- Supreme Consolidated Resources Bhd (SCRB) which is transferring its listing from the LEAP Market to the ACE Market of Bursa Malaysia, aims to raise RM17.5 million through the initial public offering (IPO).