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LFG Unit To Acquire Vessel For US$13.25 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) indirect wholly-owned subsidiary Kangsar Corporation Pte Ltd has entered into a memorandum of agreement to acquire a vessel MV Moana BAQ for a cash consideration of US$13.25 million (RM55.95 million). 

ACE Market-bound Express Powerr To Raise RM36.0 Mln From IPO

KUALA LUMPUR, Aug 20 (Bernama) -- Generator rental services provider Express Powerr Solutions (M) Bhd which is en route to be listed on the ACE Market of Bursa Malaysia on Sept 24, 2025, is expected to raise RM36.0 million through its upcoming initial public offering (IPO).

Trident Acquires 30 Pct Stake In Tongxin's Web 3.0 E-commerce Platform On Telegram

KUALA LUMPUR, Aug 19 (Bernama) -- Trident Digital Tech Holdings Ltd (Trident), a Singapore-based digital transformation company, has signed a sales and purchase agreement to acquire a 30 per cent equity stake in Tongxin Innovation Ltd (Tongxin).

SBC Medical Posts US$43 Mln Q2 Revenue, Net Income Falls 87 Pct

KUALA LUMPUR, Aug 15 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical) reported second-quarter (Q2) revenue of US$43 million, an 18 per cent year-over-year (YoY) decline, as the company continues to realign its business around higher-margin services and scalable growth. (US$1=RM4.21)

Sunway REIT Records Lower Net Profit For 2Q

KUALA LUMPUR, Aug 12 (Bernama) -- Sunway Real Estate Investment Trust (Sunway REIT) posted a lower net profit of RM129.35 million in the second quarter ended June 30, 2025 (2Q 2025), down from RM145.07 million year-on-year.

Mah Sing Acquires Corus Hotel Site For RM260 Mln

KUALA LUMPUR, Aug 7 (Bernama) -- The MUI Group and Mah Sing Group Bhd (Mah Sing) have inked a strategic agreement which saw the MUI Group divesting its prime 600.96-hectare freehold parcel of land in the heart of KLCC precinct to the latter for RM260 million.

Yinson Completes FPSO Atlanta Loan Buy-out From Brava For US$257.4 Mln

KUALA LUMPUR, Aug 6 (Bernama) -- Yinson Holdings Bhd's unit, Yinson Production, has completed the buy-out of the project loan related to the floating production storage and offloading (FPSO) vessel 'Atlanta' from Brava Energia S.A. for a total cash consideration of approximately US$257.4 million, including accrued interest.

Malaysia Stands Firm On Key National Policies In US Trade Talks – PM Anwar

KUALA LUMPUR, Aug 5 (Bernama) -- Malaysia was among the few countries that stood firm on protecting key national policies during trade negotiations with the United States (US), Prime Minister Anwar Ibrahim told Parliament on Tuesday.

Nauru Grants First Citizenship Under Climate-Resilience Programme

KUALA LUMPUR, Aug 5 (Bernama) -- The Republic of Nauru has officially welcomed its first new citizens under the government’s Economic and Climate Resilience Citizenship Program, announced at COP29 late last year.

Inari Among Most Active During Early Trade After RM1.03 Bln Lumileds Joint Acquisition

KUALA LUMPUR, Aug 4 (Bernama) -- Electronics manufacturer Inari Amertron Bhd emerged as among the most active stocks at early trade following its joint acquisition of equity interest in Lumileds Holding BV for US$239 million (RM1.03 billion).

AYS Ventures' Associate Company Acquires More Than 90 Pct Shares In CosmoSteel

KUALA LUMPUR, Aug 1 (Bernama) -- AYS Ventures Bhd's associate company, 3HA Capital Pte Ltd and parties acting in concert with it has acquired more than 90 per cent equity interest in Singapore-listed CosmoSteel Holdings Ltd. 

Pharmaniaga On Track To Exit PN17, Jakel Medical Emerges As New Substantial Shareholder

KUALA LUMPUR, July 31 (Bernama) -- Pharmaniaga Bhd has completed two critical milestones of its regularisation plan, the rights issue and private placement, thus positioning the group firmly on track to exit its Practice Note 17 (PN17) status.