Bursa Malaysia Slightly Higher In Early Trade
KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia's benchmark index opened slightly higher despite a weaker Wall Street performance overnight as the US Federal Reserve cut interest rate by half a point.
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ACE Market-bound Crest Group Aims To Raise RM45.75 Mln From IPO
KUALA LUMPUR, Sept 18 (Bernama) -- Crest Group Bhd, en route to its listing on the ACE Market of Bursa Malaysia, aims to raise RM45.75 million from its initial public offering (IPO).
National Single Window Initiative Will Boost Malaysia-China Trade -- MITI
KUALA LUMPUR, Sept 17 (Bernama) — The Investment, Trade and Industry Ministry (MITI) is confident that Malaysia's single window trade initiative, to harmonise with China's customs system, will facilitate business and trade operations by reducing red tape, coordinate and launch Malaysia-China cross border trade processes.
MIHAS To Make Dubai Global Debut In November, Targets Rm1 Bln Sales — Tengku Zafrul
KUALA LUMPUR, Sept 17 (Bernama) — The Nov 18-20 Malaysia International Halal Showcase (MIHAS) will make its international debut at MIHAS@Dubai with an export sales target of RM1 billion.
EIG’s MidOcean Raises Stake In Peru LNG To 35 Pct
KUALA LUMPUR, Sept 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, and Hunt Oil Company (Hunt) announced they have entered into a definitive agreement for MidOcean to acquire an additional 15 per cent interest in Peru LNG (PLNG) from Hunt.
Akur8 Raises US$120 Mln To Boost Next Generation Actuarial Platform Growth
KUALA LUMPUR, Sept 17 (Bernama) -- Akur8, the machine learning-powered insurance pricing and reserving platform, has secured US$120 million in series C funding, which will significantly bolster the company’s ability to expand its product portfolio and fuel its growth in key global markets.
ALPS Global Aims To Raise US$100 Mln Via Nasdaq IPO
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 15 (Bernama) – Integrated biotech group ALPS Global Holding Bhd, which is en route to a Nasdaq listing in the fourth quarter of 2024, aims to raise US$100 million to fund its expansion, clinical studies, and manufacturing plant.
Growing Climate Risks And Greenwashing Fears Threaten Bank Creditworthiness
KUALA LUMPUR, Sept 13 (Bernama) -- As climate-related risks become a growing concern for financial institutions, banks are increasingly exposed to vulnerabilities across various regions and sectors.