EIG’s MidOcean Energy Wraps Up Stake Purchase In Peru LNG

KUALA LUMPUR, Oct 25 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced the completion of its previously announced agreement to acquire an additional 15 per cent interest in Peru LNG (PLNG) from Hunt Oil Company (Hunt).

CapitaLand Malaysia Trust Posts Higher 3Q Net Profit

KUALA LUMPUR, Oct 24 (Bernama) -- Capitaland Malaysia Trust (CLMT) registered a higher net profit of RM30.23 million in the third quarter ended Sept 30, 2024 (3QFY2024) compared with RM27.78 million recorded in the same period a year ago.

Capital A Proposes Capital Reduction Of Up To RM6 Bln

KUALA LUMPUR, Oct 23 (Bernama) -- Capital A Bhd has proposed to reduce its issued share capital by up to RM6 billion as part of a regularisation plan to exit its Practice Note 17 (PN17) status. 

Gamuda Stock Jumps After Securing Taiwan's MRT Project

KUALA LUMPUR, Oct 23 (Bernama) -- Gamuda Bhd's shares surged this morning, rising by 2.46 per cent after securing a RM4.3 billion turnkey design and build contract for the Xizhi Donghu Mass Rapid Transit (MRT) project in Taiwan.

Sustainability Plan To Boost Malaysia's Data Centre Growth – BMI

KUALA LUMPUR, Oct 22 (Bernama) -- The implementation of a sustainability-linked regulatory framework could catalyse data centre developments in regions beyond Cyberjaya and Johor, such as Kedah, as investors seek to tap into new areas for digital hubs, according to BMI.

Yinson Production's FPSO Vessel Maria Quiteria Achieves First Oil

KUALA LUMPUR, Oct 21 (Bernama) -- Yinson Production's floating production, storage and offloading (FPSO) vessel Maria Quiteria has achieved first oil on Oct 15, 2024, followed by a successful 72-hour test.

Heitech Padu Secures Niise Contract Worth RM892.19 Mln

KUALA LUMPUR, Oct 18 (Bernama) -- HeiTech Padu Bhd has secured a contract worth RM892.19 million for the National Integrated Immigration System (NIISe) project by the Immigration Department of Malaysia.

Pelaburan Hartanah, IJN Sign MoU To Explore Expansion Of Healthcare Facilities

KUALA LUMPUR, Oct 18 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has partnered with IJN Holdings Sdn Bhd (IJN) for the future expansion of the National Heart Institute’s (IJN) healthcare facilities.

Continuity Of Mega Projects To Drive Economic Growth, Job Creation -- Experts

By Abdul Hamid A Rahman and Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 17 (Bernama) -- The continuity of major infrastructure projects under Prime Minister Datuk Seri Anwar Ibrahim's MADANI government is poised to generate substantial spillover effects across the economy, fostering job creation, attracting investments, and enhancing connectivity, according to experts.

Malaysia's AI Roadmap 2021-2025 Achieves 63 Pct Completion Milestone As Of 3Q 2024

KUALA LUMPUR, Oct 17 (Bernama) -- The implementation of initiatives outlined in the National Artificial Intelligence (AI) Roadmap 2021-2025 has reached 63 per cent completion as of the third quarter (3Q) of 2024.

AirAsia X Shareholders Approves Acquisition Of Capital A's RM6.8 Bln Aviation Business

KUALA LUMPUR, Oct 16 (Bernama) -- AirAsia X Bhd’s (AAX) shareholders have approved and expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the aviation business within AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for RM6.8 billion.

ECERDC Secures RM13.3 Bln In Realised Investments As Of September, Surpassing 2024 Target

KUALA LUMPUR, Oct 15 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has secured RM13.3 billion in realised investments for the region as of September, surpassing its 2024 target of RM10 billion.