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AM Best Affirms South Korea’s Hanwha General Insurance Credit Ratings

KUALA LUMPUR, July 28 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s Hanwha General Insurance Company Limited (HGI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.

Malaysia’s Straits Orthopaedics Acquires US Firm Medin Technologies 

KUALA LUMPUR, July 25 (Bernama) -- Straits Orthopaedics (Mfg) Sdn Bhd (Straits), a Malaysian-based contract manufacturer specialising in orthopaedic implants and surgical instruments, has acquired Medin Technologies Inc (Medin).

PADU System Uses Integrated Data To Update 30.4 Mln Profiles As Of June -- Economy Ministry

KUALA LUMPUR, July 23 (Bernama) -- The Central Database System (PADU) has integrated data from 204 agencies to update 30.4 million citizen and permanent resident profiles as of June 2025.

Pavilion REIT's Net Profit Rises To RM78.66 Mln In Second Quarter

KUALA LUMPUR, July 22 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a higher net profit of RM78.66 million in the second quarter ended June 30, 2025 (2Q 2025) compared to a net profit of RM67.12 million in the same quarter the preceding year.

Ancom Nylex's Net Profit For FY2025 Slips To RM63.49 Mln

KUALA LUMPUR, July 17 (Bernama) -- Ancom Nylex Bhd’s net profit for the financial year ended May 31, 2025 (FY2025) slipped to RM63.49 million compared to RM81.47 million recorded in FY2024.

SEKO Logistics Opens New Singapore Hub To Power Regional Fulfilment, Growth

KUALA LUMPUR, July 17 (Bernama) -- SEKO Logistics (SEKO) has relocated its Singapore corporate office and warehouse to a new 8,000-square-foot facility in the Changi Free Trade Zone, a move that supports the company’s Asia Pacific growth strategy.

ASSAR Announces Final Dividend Of 3.0 Sen Per Unit

KUCHING, July 16 (Bernama) -- Amanah Saham Sarawak (ASSAR) today announced a final dividend of 3.0 sen per unit for the financial year 2025.

Boyd Expands Liquid Cooling Portfolio With High-capacity Coolant Distribution Unit 

KUALA LUMPUR, July 9 (Bernama) -- Boyd has announced the launch of its ROL2300, a high-capacity liquid-to-liquid coolant distribution unit (CDU) designed to meet the demanding thermal needs of artificial intelligence-driven data centres.

Sabah Attracts Third Largest Total Investment In Malaysia For 1Q 2025

KOTA KINABALU, July 8 (Bernama) -- Sabah has recorded approved investments totalling RM10.9 billion for the first quarter (1Q) of this year, representing the third highest in Malaysia after Selangor and Kuala Lumpur, the Sabah State Legislative Assembly was told today.

ABB Unveils Advanced Circuit Breaker To Boost Power Resilience, Strengthen Cybersecurity

KUALA LUMPUR, July 2 (Bernama) -- ABB has unveiled the next generation of its flagship air circuit breaker, the SACE Emax 3, aimed at supporting facilities with high power demands such as data centres, advanced manufacturing plants, hospitals and airports.

PHC To Exclusively Distribute MaxCyte Cell Engineering Platform In Japan

KUALA LUMPUR, July 1 (Bernama) -- The Biomedical Division of PHC Corporation (PHCbi), a subsidiary of PHC Holdings Corporation (PHCHD), has signed an exclusive distribution agreement with United States-based MaxCyte Inc to bring the company’s advanced ExPERT cell engineering platform to the Japanese market.

Hyrax Oil Named Sole Distributor For Ergon Malaysia

KUALA LUMPUR, June 30 (Bernama) -- Hyrax Oil Sdn Bhd, a leading Malaysian producer of lubricants and transformer oils, has been appointed the sole distributor of ester-based transformer oils by Ergon Oil (Singapore) Pte Ltd, a regional subsidiary of United States-based specialty oil firm Ergon Inc.