Achieving 13MP Ambitions Depends On Strong Political Will, Execution -- Kenanga Investment

KUALA LUMPUR, Aug 1 (Bernama) -- The 13th Malaysia Plan (13MP) outlines a bold vision of structural transformation, social inclusivity, and climate resilience, but its credibility hinges on political will and disciplined execution, said Kenanga Investment Bank Bhd.

Reforming Semiconductor Industry, Revitalising Global Services Among 13MP Focus Areas

By K.Naveen Prabu

KUALA LUMPUR, July 31 (Bernama) -- Efforts to reform the local semiconductor industry and revitalise the high-value global services sector are among the main focuses of the 13th Malaysia Plan (13MP), as part of broader measures to strengthen the country’s economic diversification.

Boomi Brings AI-driven Data Integration Onshore In Australia

KUALA LUMPUR, July 31 (Bernama) -- Boomi, the artificial intelligence (AI)-powered automation leader, has announced the local availability of its Data Integration from within an Australian data centre, delivering faster, more secure data movement aligned with national regulations.

IGB REIT's Shares Up After Posting Positive 2Q Results

KUALA LUMPUR, July 30 (Bernama) -- IGB Real Estate Investment Trust’s (IGB REIT) shares rose in early trade on Wednesday after posting stronger earnings for the second quarter (2Q) ended June 30, 2025.

FGV Takeover A Consolidation Move, Says Felda Chairman

By Siti Radziah Hamzah

KUALA LUMPUR, July 29 (Bernama) -- The takeover of FGV Holdings Bhd by the Federal Land Development Authority (Felda) marks a consolidation move to strengthen its operations moving forward.

IGB REIT Net Profit Rises To RM92.51 Mln In Second Quarter On Higher Rental Income

KUALA LUMPUR, July 29 (Bernama) -- IGB Real Estate Investment Trust’s net profit rose to RM92.51 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM81.55 million in the same period a year ago.

Felda's Shareholding In FGV Increases To Over 90 Pct, Plans For Delisting

KUALA LUMPUR, July 29 (Bernama) -- The Federal Land Development Authority (Felda) has received valid acceptances for all the remaining ordinary shares in FGV Holdings Bhd and has acquired the offer shares representing 91.73 per cent of the total issued shares of FGV as of 5pm.

Paramount To Acquire 28 Pct Stake In Singapore's Envictus International For RM126.32 Mln

KUALA LUMPUR, July 29 (Bernama) -- Paramount Corporation Bhd, through its wholly owned subsidiary Venice Concepts Sdn Bhd, has proposed to acquire a 28 per cent equity interest in Envictus International Holdings Ltd from JAG Capital Holdings Sdn Bhd for S$38.33 million (RM126.32 million).

Malaysia’s Straits Orthopaedics Acquires US Firm Medin Technologies 

KUALA LUMPUR, July 25 (Bernama) -- Straits Orthopaedics (Mfg) Sdn Bhd (Straits), a Malaysian-based contract manufacturer specialising in orthopaedic implants and surgical instruments, has acquired Medin Technologies Inc (Medin).

Multiply Group Makes Bold Leap Into Europe With 1.3 Bln Euros Acquisition Of Spain’s Tendam

KUALA LUMPUR, July 24 (Bernama) -- In a landmark European entry, Abu Dhabi’s Multiply Group has acquired a 67.91 per cent majority stake in Tendam, Spain’s second-largest apparel company, in a transaction valued at 5.6 billion UAE dirhams (1.3 billion euros) enterprise value. (1 Euro = RM4.95)

AM Best Affirms Superior Ratings Of South Korea's DB Insurance 

KUALA LUMPUR, July 22 (Bernama) -- AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea-based DB Insurance Co Ltd (DBI), with a stable outlook.

MoneyHero Back In Nasdaq Compliance After Share Price Recovery

KUALA LUMPUR, July 22 (Bernama) -- MoneyHero Limited (MoneyHero) announced it has regained compliance with the Nasdaq Stock Market LLC (Nasdaq)’s minimum bid price requirement, according to a written notice from the Nasdaq dated July 17.