KUALA LUMPUR, Dec 23 (Bernama) -- Hextar Global Bhd announced today that it has entered into conditional share sale agreements with Hextar Industries Bhd (HIB) and Hextar Fertiliser Group Sdn Bhd to acquire the entire equity interests in PK Fert Sdn Bhd (PKFT), PK Fertilizers Sdn Bhd (PKF), and Hextar Fert Sdn Bhd (HFT) for RM120 million.
KUALA LUMPUR, Dec 23 (Bernama) -- Koperasi Permodalan Felda Malaysia Bhd (KPF) has processed applications for the withdrawal of share capital amounting to RM909.85 million from 2020 to 2025, with full payments totalling RM543.6 million made for the years 2020 to 2023.
By Nadia Jumri
SHAH ALAM, Dec 23 (Bernama) -- PKNS FM Integrated Sdn Bhd (PKNS FMI) has released its inaugural Sustainability and Environmental, Social, and Governance (ESG) report, which outlines the company’s sustainability-related performance and initiatives for the period from Jan 1, 2024 to May 30, 2025.
KUALA LUMPUR, Dec 23 (Bernama) -- Jeju to Seoul Gimpo has emerged as the busiest airline route of 2025, with 14.4 million seats scheduled, marking a modest one per cent increase compared with 2024, according to OAG’s ranking of 2025’s Busiest Airline Routes.
KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia’s leading index (LI) annual performance increased 3.6 per cent to 116.2 points in October 2025, from 112.2 in the previous corresponding month, signalling optimistic economic momentum ahead of 2026, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia’s gross domestic product (GDP) growth in 2026 is expected to moderate to 4.2 per cent from an estimated 4.8 per cent in 2025, according to Kenanga Investment Bank Bhd (Kenanga IB).
KUALA LUMPUR, Dec 22 (Bernama) -- Malaysia’s inflation rose 1.4 per cent in November 2025, edging up from 1.3 per cent in October, with the consumer price index at 135.1 points compared with 133.3 a year earlier, the Department of Statistics Malaysia (DOSM) said.
KUALA LUMPUR, Dec 22 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) of Hong Kong’s Min Xin Insurance Company Limited (MXIC).
KUALA LUMPUR, Dec 22 (Bernama) -- Local institutions extended their buying streak for a fifth consecutive week with net inflows of RM508.6 million, while local retailers recorded a third consecutive week of net outflows of RM145.3 million.
KUALA LUMPUR, Dec 22 (Bernama) -- Expanding bumiputera participation in commercial real estate is an important lever in Malaysia’s nation-building agenda, with Pelaburan Hartanah Bhd (PHB) acting as a key institutional platform to drive wealth creation and economic growth.
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.
By Kisho Kumari Sucedaram
KUALA LUMPUR, Dec 22 (Bernama) -- Saudia Airlines is exploring opportunities to increase flight frequencies between Kuala Lumpur International Airport (KLIA) and key Saudi Arabian destinations in 2026, as Malaysia strengthens its role as a strategic growth and feeder market in the airline’s Asia-Pacific (APAC) expansion strategy.
