North Atlantic France Completes Acquisition Of Esso S.A.F., ExxonMobil Chemical France

KUALA LUMPUR, Dec 1 (Bernama) -- North Atlantic France SAS (North Atlantic France) announced the successful closing of its acquisition of an 82.89 per cent controlling interest in Esso Société Anonyme Française SA (Esso S.A.F.) at 26.19 euros per share and 100 per cent of ExxonMobil Chemical France SAS (EMCF) from ExxonMobil France Holding SAS (ExxonMobil), following a competitive auction process initiated in 2024. (1 Euro = RM4.79)

SMJ Energy Acquires 20 Pct Stake In North Sabah Production Sharing Contract

KOTA KINABALU, Nov 29 (Bernama) -- Sabah is poised to secure a bigger share in oil and gas resources following state-owned SMJ Energy's (SMJE) acquisition of a 20 per cent non-operating participating interest in the North Sabah enhanced oil recovery production sharing contract (EOR PSC).

Hong Leong Bank 1Q Net Profit Up Slightly To RM1.09 Bln

KUALA LUMPUR, Nov 27 (Bernama) -- Hong Leong Bank Bhd (HLB) reported a slightly higher net profit of RM1.09 billion for the first quarter ended Sept 30, 2025 (1Q) compared with RM1.089 billion recorded in the same period a year ago.

Cheng & Co Expands Mid-shore Wealth Management Presence With Alpadis Trust Labuan Acquisition

By Jailani Hasan

LABUAN, Nov 27 (Bernama) -- Cheng & Co Group has strengthened its regional wealth management capabilities with the acquisition of Alpadis Trust (Labuan) Limited, now officially renamed Indah International Trust Limited.

Genting Issues RM255 Mln MTNs To Finance Genting Malaysia Buyout

KUALA LUMPUR, Nov 27 (Bernama) -- Genting Bhd, via its wholly owned unit Genting RMTN Bhd, has issued RM255 million in nominal value of medium-term notes (MTNs) under its MTN programme to part-finance the acquisition of all remaining ordinary shares in Genting Malaysia Bhd.

Chin Hin Acquires RM91 Mln Puncak Jalil Land For Landed Housing Project

KUALA LUMPUR, Nov 26 (Bernama) -- Chin Hin Group Property Bhd (CHGP), through its subsidiary Chin Hin Property (KL) Sdn Bhd (CHPKL), has acquired two parcels of 99-year leasehold land in Taman Puncak Jalil, Selangor, for RM91 million to undertake a landed residential development.

UEM Edgenta Posts 3Q Net Loss Of RM94.12 Mln 

KUALA LUMPUR, Nov 26 (Bernama) -- UEM Edgenta Bhd posted a net loss of RM94.12 million for the third quarter (3Q) ended Sept 30, 2025, compared with a net profit of RM10.23 million a year earlier, due to significant one-off, non-cash impairments of goodwill, non-current assets, and long-outstanding receivables.

DRB-Hicom’s 9m Net Profit At RM60.62 Mln

KUALA LUMPUR, Nov 25 (Bernama) -- DRB-HICOM Bhd posted a net profit of RM60.62 million for the nine months ended Sept 30, 2025 from RM69.17 million previously, backed by stronger banking, automotive and services sectors

Asia Boards Rank AI Adoption Top Priority For 2026 - Diligent

KUALA LUMPUR, Nov 25 (Bernama) -- Almost half of governance leaders in Asia (48 per cent) are prioritising artificial intelligence (AI) adoption as a top strategic focus for 2026, according to the APAC Governance Outlook 2026 report by the Diligent Institute.

MoneyHero, InsureMO Partner To Boost Digital Insurance In Philippines

KUALA LUMPUR, Nov 25 (Bernama) -- MoneyHero Limited, a tech- and artificial intelligence (AI)-powered personal finance platform and digital insurance brokerage in Greater Southeast Asia, has entered a strategic partnership with InsureMO to expand digital insurance offerings in the Philippines through its local brand, Moneymax.

Port Klang Joins Global Port Elite, Officially Ranked 10th Among The World’s Top Container Ports

KUALA LUMPUR, Nov 24 (Bernama) -- Port Klang has officially secured its place among the world’s Top 10 container ports in the Lloyds List of the World’s Top 100 Ports 2025, with the historic milestone being reached with the handling of 14.64 million twenty-foot equivalent units (TEUs) in 2024.

Mah Sing To Buy 1.129-Hectare Land In Setapak For RM44.50 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Mah Sing Group Bhd’s wholly owned subsidiary, Maxim Heights Sdn Bhd, plans to acquire a 1.129-hectare plot of leasehold land in Setapak for RM44.50 million from The Rampai Development Sdn Bhd.