AEON Credit Third Quarter Net Profit Eases To RM62.07 Mln

KUALA LUMPUR, Dec 19 (Bernama) -- Aeon Credit Service (M) Bhd’s net profit for the third quarter of the financial year ended Feb 28, 2025 (3Q 2025) fell to RM62.07 million from RM85.55 million last year.

ES Sunlogy Signs Underwriting Agreement With M&A Securities For IPO Exercise

KUALA LUMPUR, Dec 19 (Bernama) -- Mechanical and electrical (M&E) engineering services solutions, ES Sunlogy Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd for the company’s upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Buoyant Year For Port Operators, Shipping Industry But Challenges Persist

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.

Mah Sing To Acquire Land In Johor Bahru With RM1.5 Bln GDV

KUALA LUMPUR, Dec 19 (Bernama) -- Mah Sing Group Bhd plans to acquire 2.424 hectares of freehold land in Johor Bahru, designated for the development of premium serviced apartments and retail units, with an estimated gross development value (GDV) of RM1.5 billion.

107.5 Mln e-invoices received By LHDN since August

By Engku Shariful Azni Engku Ab Latif and Previnna Thuraisingam

KUALA LUMPUR, Dec 18 (Bernama) -- The Inland Revenue Board (LHDN) has received 107.5million e-invoices from taxpayers since the system was implemented on Aug 1.

MRL, CCCECRL Jointly Operate And Maintain ECRL Project

PUTRAJAYA, Dec 18 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction (ECRL) Sdn Bhd (CCCECRL) today created an operating company (OpCo) with a 50:50 interest ratio for the purpose of operating and maintaining the East Coast Rail Link (ECRL) project.

Trinity Group Clinches FIABCI Malaysia Property Award For High-rise Living Excellence

KUALA LUMPUR, Dec 18 (Bernama) -- Property developer Trinity Group has won the FIABCI Malaysia Property Award 2024 in the residential high-rise category for its flagship development, Trinity Pentamont, located in Mont Kiara, Kuala Lumpur.

New Audit Exemption Criteria For Private Companies To Take Effect On Jan 1, 2025 - SSM

KUALA LUMPUR, Dec 18 (Bernama) -- The new criteria for the exemption of financial statement audits for private companies will take effect on Jan 1, 2025.

Technology Innovation Institute's Falcon 3: A New Era In Open Source AI Models

KUALA LUMPUR, Dec 18 (Bernama) -- The Technology Innovation Institute (TII), a global applied research centre under Abu Dhabi’s Advanced Technology Research Council (ATRC), has unveiled Falcon 3, the latest iteration of its open-source large language model (LLM) series.

ACE Market-bound Northern Solar Aims To Raise RM42.4 Mln From IPO

KUALA LUMPUR, Dec 18 (Bernama) -- Solar renewable energy specialist Northern Solar Holdings Bhd aims to raise RM42.4 million through its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia. 

EPF Becomes Significant Unitholder In KIP REIT With Over 6 Pct Ownership 

KUALA LUMPUR, Dec 6 (Bernama) -- The Employees Provident Fund (EPF) has become a substantial unitholder of KIP Real Estate Investment Trust (KIP REIT) following the successful conclusion of the group’s recent private placement.

Mavenir To Share Future Corporate Strategy At Annual Global Analyst Event In Dallas

KUALA LUMPUR, Dec 5 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, will hold its annual analyst event from Dec 11 to 12 in Dallas, United States, to highlight its ongoing efforts to drive the Mobile Network digital transformation.