AGX Group Proposes Bonus Issue Of Up To 108.22 Mln Warrants
KUALA LUMPUR, Dec 11 (Bernama) -- AGX Group Bhd has proposed a bonus issue of up to 108.22 million warrants based on one warrant for every four shares held.
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PNB, GLICs To Develop 10 Bumiputera Champion Firms
KUALA LUMPUR, Dec 7 (Bernama) -- Permodalan Nasional Bhd (PNB), together with other Government-Linked Investment Companies (GLICs), is committed to driving the 10 Bumiputera Champions initiative to create 10 companies, each with a market capitalisation or enterprise value of at least RM500 million by 2030.
Dewan Rakyat Passes Two Tax-Related Bills
KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.
MBSB 3Q Net Profit Eases To RM95.64 Mln
KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a lower net profit of RM95.64 million in the third quarter of the financial year ended Sept 30, 2025 (3Q FY2025), compared to RM122.08 million a year earlier.
H2O.ai Names Jason Finney President, CRO To Accelerate Global AI Adoption
KUALA LUMPUR, Nov 21 (Bernama) -- H2O.ai, a pioneer in sovereign artificial intelligence (AI) and a global leader in agentic and predictive AI, has appointed Jason Finney as President and Chief Revenue Officer (CRO).
Petronas Chemicals Narrows 3Q Net Loss To RM289 Mln
KUALA LUMPUR, Nov 21 (Bernama) -- Petronas Chemicals Group Bhd (PCG) posted a narrower net loss of RM289 million for the third quarter ended Sept 30, 2025 (3Q 2025), compared with a RM789 million net loss in the corresponding period last year.
Nestcon, Wawasan Dengkil In JV To Develop 70MW Large-scale Solar Plant
KUALA LUMPUR, Nov 19 (Bernama) -- Nestcon Bhd’s wholly-owned subsidiary Nestcon Infra Sdn Bhd (NISB), has entered into a shareholders agreement with Wawasan Dengkil Sdn Bhd (WDSB) and WDSolar Sdn Bhd (JV Co) to co-invest in JV Co and developing a 70-megawatt (MW) large-scale photovoltaic (PV) plant in Kedah.
PDT, SD Guthrie, Ecoworld To Develop Eco Business Park 8 In Kulai
JOHOR BAHRU, 19 Nov (Bernama) -- Permodalan Darul Ta’zim Sdn Bhd (PDT), SD Guthrie Land Ventures Sdn Bhd (SDGLV) and Eco World Development Group Bhd (EcoWorld) have formed a strategic partnership to develop a major integrated industrial park in Kulai, Johor.
U Mobile Upgrades 2,976 Sites To 5G Coverage
KUALA LUMPUR, Nov 12 (Bernama) -- U Mobile Sdn Bhd has upgraded 2,976 sites to 5G coverage, providing 58.2 per cent 5G coverage in populated areas as of Oct 31 this year, said the Communications Ministry.
Bursa Malaysia Reprimands Solar District Cooling For Breeching Listing Rule
KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Solar District Cooling Group Bhd (SDCG) for breaching Rule 3.10(1) of the Bursa Malaysia Securities ACE Market Listing Requirements (ACE LR), where its public shareholding spread (PSS) was only 24.75 per cent at the point of the group’s listing on the ACE Market on Sept 19, 2025.
North Atlantic Expects To Complete Esso S.A.F. Acquisition On Nov 28
KUALA LUMPUR, Nov 11 (Bernama) -- North Atlantic France SAS (North Atlantic) has provided an update on its proposed acquisition from ExxonMobil France Holding SAS (ExxonMobil) of ExxonMobil’s entire stake in Esso Société Anonyme Française SA (Esso S.A.F.) and in ExxonMobil Chemical France SAS.
Oriental To Acquire Three Hotels, To Reposition Under The Ascott
KUALA LUMPUR, Nov 8 (Bernama) -- Oriental Holdings Bhd (OHB) and its subsidiaries (collectively, OHB Group) intend to acquire Bayview Beach Resort Penang, Bayview Hotel Georgetown and Bayview Hotel Langkawi.