Varia Proposes To Set Up RM3 Bln Sukuk Murabahah Programme

KUALA LUMPUR, Oct 8 (Bernama) -- Varia Bhd plans to raise up to RM3 billion through the proposed issuance of Islamic medium term notes (IMTNs).

Niche Capital Allocates RM23.18 Mln To Advance KK Hill, Sokor Midland Gold Projects

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 8 (Bernama) -- Niche Capital Emas Holdings Bhd (NICE) plans to allocate approximately RM23.18 million or 89 per cent of the total RM26.18 million raised from its private placement exercise to advance its mining business, particularly the KK Hill and Sokor Midland projects in Kelantan.

Local Analytics Firms Urged To Contribute To Sarawak's Green Energy Agenda

KUCHING, Oct 7 (Bernama) -- Local analytics companies have been urged to assist the Sarawak government in its hydrogen production initiative to support the state’s green energy transformation for the public transport sector.

UOB Malaysia Prices RM455 Mln ASEAN Green Sri Sukuk Musharakah For ECRB

KUALA LUMPUR, Oct 6 (Bernama)-- UOB Malaysia has successfully priced a RM455 million Islamic medium-term notes under Tranche 7 of EXSIM Capital Resources Bhd’s (ECRB) RM2 billion Sukuk Musharakah Programme, structured as an ASEAN Green SRI Sukuk Musharakah.

North Atlantic Nears Completion Of Esso S.A.F. Acquisition Amid Final Price Adjustments

KUALA LUMPUR, Oct 6 (Bernama) -- North Atlantic France SAS (North Atlantic) is closing in on its acquisition of ExxonMobil France Holding SAS (ExxonMobil)’s 82.89 per cent stake in Esso Société Anonyme Française SA (Esso S.A.F.), with the final purchase price now undergoing detailed adjustments ahead of completion expected by year-end 2025.

UOA Development Unit Sells Properties Worth RM200 Mln To UOA REIT Trustee

KUALA LUMPUR, Oct 2 (Bernama) -- UOA Development Bhd’s 60 per cent-owned subsidiary, Everise Project Sdn Bhd, has entered into three conditional sale and purchase agreements (SPAs) worth RM200 million.

RHB Bank Proposes RM5 Bln Multi-currency CP, Sukuk Programmes

KUALA LUMPUR, Oct 1 (Bernama) -- RHB Bank Bhd has proposed a multi-currency Commercial Papers Programme (CP Programme) and a multi-currency Islamic Commercial Papers Programme (Sukuk Murabahah Programme) with a combined limit of up to RM5 billion.

Ringgit Stronger At Opening On US Shutdown Concerns

KUALA LUMPUR, Sept 30 (Bernama) --  The ringgit opened stronger against the US dollar on Tuesday, supported by concerns that a potential United States (US) government shutdown could weigh on the greenback, an analyst said.

Bermaz Auto Raises RM130 Mln In Sukuk Wakalah

KUALA LUMPUR, Sept 25 (Bernama) -- Bermaz Auto Bhd (BAuto) has issued a second tranche of Islamic Medium-Term Notes (IMTNs) worth RM130 million under its RM500 million Sukuk Wakalah programme and fully repaid a RM100 million Islamic Commercial Paper (ICP).

OPEC Fund Approves Over US$1 Bln For Global Sustainable Development Projects

KUALA LUMPUR, Sept 22 (Bernama) -- The OPEC Fund for International Development (the OPEC Fund) has approved over US$1 billion in new development financing during the third quarter of 2025, as announced following its 193rd Governing Board meeting. (US$1=RM4.20)

FBG To Raise Funds For Medi-City Project Via Rights Issue

KUALA LUMPUR, Sept 18 (Bernama) -- FBG Holdings Bhd, a turnkey contractor and property developer, has proposed to undertake a renounceable rights issue with warrants to raise funds for its flagship Medi-City project.

Aeon Credit Issues 10th Senior Sukuk Worth RM600 Mln

KUALA LUMPUR, Sept 18 (Bernama) -- AEON Credit Service (M) Bhd has issued its 10th senior sukuk with a nominal amount of RM600 million and a seven-year tenure.