1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 9 (Bernama) -- ASEAN+3 ministers will operationalise the Rapid Financing Facility (RFF), aimed at helping financially distressed member countries to cushion against exogenous shocks or financial problems caused by external factors.
1y ago
KUALA LUMPUR, March 29 (Bernama) -- Seven equity crowdfunding (ECF) and peer-to-peer financing (P2P) platforms have been selected to participate in the RM131.5 million New Industrial Master Plan 2030 (NIMP 2030) Strategic Co-Investment Fund (CoSIF).
1y ago
KUALA LUMPUR, March 27 (Bernama) -- European credit specialist AlbaCore Capital Group (AlbaCore) has launched its new Senior Direct Lending Strategy (the Strategy), having secured anchor investments from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and Mitsubishi UFJ Trust and Banking Corporation (the Trust Bank).
1y ago
KUALA LUMPUR, March 20 (Bernama) – Pharmaniaga Bhd is moving forward with its regularisation plan to exit Practice Note 17 (PN17) status following shareholders’ approval of three key resolutions at the group’s extraordinary general meeting (EGM) today.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- Total committed funds under management in the Malaysian private equity (PE) and venture capital (VC) industry amounted to RM24.7 billion as at the end of 2024.
1y ago
KUALA LUMPUR, March 6 (Bernama) -- Quantexa, a global leader in Decision Intelligence (DI) solutions, has successfully completed a US$175 million Series F investment round, led by Teachers’ Venture Growth (TVG). (US$1=RM4.41)
1y ago
KUALA LUMPUR, March 5 (Bernama) -- AmBank (M) Bhd has granted financing facilities to Worldwide Stainless Sdn Bhd, an affiliate of Yankong Group, for the acquisition of Bahru Stainless Sdn Bhd from Spain's Acerinox S.A. for RM1.06 billion.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- The Scaling Heights: The IPO Readiness Conference has served as a platform for small and medium enterprise (SME) owners to explore their readiness to raise funds from the capital market, as well as the opportunities and challenges of going public.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd’s shares on Bursa Malaysia rose in early trade after disposing of its 56.06 hectares of freehold land in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.
1y ago
KUALA LUMPUR, Feb 14 (Bernama) -- LPI Capital Bhd’s net profit rose to RM377.09 million in the financial year ended Dec 31, 2024 (FY2024), up from RM313.73 million a year earlier, primarily due to higher profit from the general insurance segment.
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Public Bank Bhd’s (PBB) dividend yield is likely to climb to above 5.0 per cent from this year despite its flattish share price, said CIMB Securities Sdn Bhd.
1y ago
By Karina Imran
KUALA LUMPUR, Feb 12 (Bernama) -- The concept of “green halal”, despite being unfamiliar to many, plays a vital role in driving business growth by merging halal and sustainable practices, said Alliance Islamic Bank Bhd (AIS).