There are 125 news based on search keyword " borrowings"

Perma-Pipe FY24 Sales Up, Backlog Doubles To US$138 Mln

KUALA LUMPUR, May 2 (Bernama) -- Perma-Pipe International Holdings Inc reported full-year net income of US$9.0 million for fiscal 2024 (FY24), down from US$10.5 million a year earlier due to the absence of a one-time US$5.9 million non-cash tax benefit recognised in 2023. (US$1=RM4.31)

Reach Ten To Triple Fibre Optic Duct Infrastructure To 767km Within 3 Years

KUALA LUMPUR, May 2 (Bernama) -- Sarawak-based telecommunications service provider Reach Ten Holdings Bhd plans to triple its fibre optic duct infrastructure to 767 kilometres (km) in Sibu, Miri and Bintulu within three years utilising its initial public offering (IPO) proceeds.

BNM: Malaysia’s Official Reserves Assets At US$117.49 Bln As Of End-March 2025

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$117.49 billion (US$1= RM4.31) as of end-March, 2025, while other foreign currency assets stood at US$4.3 million, according to Bank Negara Malaysia (BNM).

Widad's Unit To Dispose Property For RM41.50 Mln

KUALA LUMPUR, April 28 (Bernama) -- Widad Group Bhd’s wholly-owned subsidiary, Widad Builders Sdn Bhd has inked a sale and purchase agreement (SPA) with Richfield Builder (M) Sdn Bhd (RBSB) for the disposal of a property for a total consideration of RM41.50 million.

SkyWorld Development To Buy KL Land For RM110 Mln

KUALA LUMPUR, April 16 (Bernama) -- SkyWorld Development Bhd’s wholly owned subsidiary Rimba Maju Realiti Sdn Bhd (RMRSB) will buy 1.23 hectare freehold land at Tempat Sungei Teba, Mukim Batu, Kuala Lumpur for RM110 million from MS Tan Corporation Sdn Bhd.

MSB Global Makes Ace Market Debut, Eyes Regional Growth, US Tariff Minimal Impact

KUALA LUMPUR, April 15 (Bernama) -- MSB Global Group Bhd said US tariffs will have a minimal impact on its business operations as the company’s supply chain and market focus remain primarily within Asia.

West River Launches IPO Prospectus, Aims To Raise RM27.9 Mln

KUALA LUMPUR, April 10 (Bernama) – West River Bhd, a provider of mechanical and electrical (M&E) engineering services, has launched its prospectus in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd scheduled on May 5, 2025. 

WCT Shareholders Approve Paradigm REIT Listing On Bursa Malaysia

KUALA LUMPUR, April 9 (Bernama) -- Shareholders of WCT Holdings Bhd have approved the proposed listing of Paradigm Real Estate Investment Trust (Paradigm REIT) on the Main Market of Bursa Malaysia Securities Bhd.

Reach Ten To Raise RM104 Mln From IPO To Expand Telecom Infrastructure

KUALA LUMPUR, April 9 (Bernama) -- Sarawak-based telecommunications provider Reach Ten Holdings Bhd is set to raise RM104 million through its initial public offering (IPO) ahead of its planned Main Market listing on May 2, 2025.

ABM Encourages Borrowers Affected By Putra Heights Fire To Contact Their Banks

KUALA LUMPUR, April 1 (Bernama) -- The Association of Banks in Malaysia (ABM) and its member banks expressed their deepest concerns for those impacted by the gas pipeline fire that broke out today in Putra Heights.

E&E Sector To Grow, Tracking Rising Demand For High-Precision Components

KUALA LUMPUR, March 26 (Bernama) -- The electrical and electronic (E&E) sector is expected to grow this year, driven by the rising demand for high-precision electronic components, said Chemlite Innovation Bhd.

Bank Deposits Growth Slows To 3 Percent In 2H 2024 On Rising Costs, Debt Repayment - BNM

KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.