EPF Earns RM102 Mln From MAHB Share Sales In 2023 -- Amir Hamzah

KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) shares were sold at between RM6.80 to RM7.70 per unit, generating RM102 million for the Employees Provident Fund (EPF) 2023 dividend distribution, said Finance Minister II Amir Hamzah Azizan.

EPF Buys MAHB Shares At RM11 To Ensure Higher Relisting Price – Amir Hamzah

KUALA LUMPUR, Feb 20 (Bernama) -- The Employees Provident Fund’s (EPF) move to buy Malaysia Airports Holdings Bhd’s (MAHB) shares at RM11 per unit is aimed at positioning the company for a future relisting at a higher valuation.

MAHB Board Resigns Effective On Date Of Bursa Delisting

KUALA LUMPUR, Feb 18 (Bernama) -- With Malaysia Airports Holdings Bhd (MAHB) set to be delisted from Bursa Malaysia following its takeover by the Khazanah Nasional Bhd-led Gateway Development Alliance Sdn Bhd (GDA), all five independent non-executive directors (INEDs) have tendered their resignations, effective on the delisting date.

Teo Seng Capital FY2024 Net Profit Rises To RM183.36 Mln

KUALA LUMPUR, Feb 17 (Bernama) -- Teo Seng Capital Bhd posted a higher net profit of RM183.36 million for the financial year ended Dec 31, 2024 (FY2024), up from RM155.80 million a year earlier.  

Federal Govt welcomes Sarawak's Aspiration To Spur Its oil Industry -- PM Anwar

KUALA LUMPUR, Feb 17 (Bernama) -- The Federal government and the Sarawak state government have accepted Sarawak’s oil industry aspirations as embodied under the Distribution of Gas Ordinance 2016 (Amendment) (DGO), said Prime Minister Datuk Seri Anwar Ibrahim today.

Special Dividend Likely, Given MPI's Strong Net Cash Position - CIMB Securities

KUALA LUMPUR, Feb 13 (Bernama) -- CIMB Securities Sdn Bhd forecasts the Malaysian Pacific Industries Bhd (MPI) to issue a potential special dividend, given its strong net cash position of RM991 million as of September 2024.

Ingredion Reports Strong Q4 FY2024, Sets Strong 2025 Outlook 

KUALA LUMPUR, Feb 5 (Bernama) -- Ingredion Incorporated, a global provider of ingredient solutions, reported a net sales of US$1.8 billion for the fourth quarter (Q4) ended Dec 31, 2024 (FY2024) from US$1.921 billion, down six per cent for the same period previous year. (US$1=RM4.42)

F&N's Net Profit For 1Q 2025 Slips To RM169.018 Mln

KUALA LUMPUR, Feb 3 (Bernama) -- Fraser & Neave Holdings Bhd’s (F&N) net profit for the first quarter ended Dec 31, 2024 (1Q 2025) slipped to RM169.018 million from RM170.737 million recorded in 1Q 2024.

Increase In Investment, Trade With UK Amid CPTPP - Tengku Zafrul

From D.Arul Rajoo

LONDON, Jan 18 (Bernama) – Malaysia can expect an increase in investment and trade with the United Kingdom (UK) as both countries will have a free trade agreement for the first time through the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Yinson Indirect Unit Secures RM4.48 Bln Investment From Consortium Of Global investment Firms

KUALA LUMPUR, Jan 14 (Bernama) -- Yinson Holdings Bhd’s indirect wholly owned subsidiary Yinson Production Offshore Holdings Ltd (YPOHL) has secured US$1 billion (RM4.48 billion) investment from a consortium of international investment firms to drive further growth. 

GDA Secures 84.1 Pct Of MAHB Shares As At Jan 8

KUALA LUMPUR, Jan 8 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (the Consortium) have received valid offer acceptances of 1.40 billion shares, representing 84.1 per cent of the total number of issued shares in Malaysia Airports Holdings Bhd (MAHB).

PNB Declares 5.75 Sen Per Unit Income, RM10.1 Bln Payout For ASB

KUALA LUMPUR, Dec 24 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has announced a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2024 (FY2024).