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KUALA LUMPUR, May 22 (Bernama) -- Ann Joo Resources Bhd (Ann Joo) has proposed to dispose of its 100 per cent equity interest in Ann Joo Steel Bhd (AJSB) to Singapore-based Green Esteel Pte Ltd following the mutual termination of a heads of agreement to sell the stake to Southern Steel Bhd today.
KUALA LUMPUR, May 22 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has completed the disposal of its subsidiary SCIB Concrete Manufacturing Sdn Bhd (SCM) for RM113 million.
KUALA LUMPUR, May 19 -- Capital A Bhd has received approval from Bursa Malaysia Securities Bhd for the removal of its Practice Note 17 (PN17) status, effective May 20, 2026.
KUALA LUMPUR, May 11 (Bernama) -- RHB Bank Bhd said its unit, RHB Investment Bank Bhd, has received no objection from Bank Negara Malaysia to begin talks with Tokio Marine Asia Pte Ltd on the proposed disposal of up to a 100 per cent stake in RHB Insurance Bhd.
KUALA LUMPUR, May 8 (Bernama) -- Hume Cement Industries Bhd’s net profit jumped to RM243.75 million in the third quarter ended March 31, 2026 (3Q 2026), from RM40.64 million in 3Q 2025, primarily due to a one-off gain on the disposal of a subsidiary during the quarter.
KUALA LUMPUR, May 8 (Bernama) -- Digital lifestyle service provider PUC Bhd had entered into a share sale agreement on Dec 31, 2025, to dispose of 3.03 million ordinary shares or 13.76 per cent equity interest in Pictureworks International Holdings Ltd (PIHL) to MacOS Ltd for RM30.0 million as a partial divestment of its investment in PIHL.
KUALA LUMPUR, May 4 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has obtained shareholders’ approval for a strategic divestment exercise with a total potential value of RM151.19 million at its extraordinary general meeting (EGM).
KUALA LUMPUR, April 16 (Bernama) -- By treating palm oil by-products as strategic resources rather than traditional waste, the Federal Land Development Authority (Felda) and FGV Holdings Bhd are seeking to redefine the role of palm oil in Malaysia’s future economy, driven by technological advancement.
KUALA LUMPUR, March 31 (Bernama) -- As companies face increasing pressure from investors, regulators and environmental, social, and governance (ESG) commitments to reduce their carbon footprint, corporate travel is emerging as an area where small operational changes can deliver measurable impact.
KUALA LUMPUR, March 30 (Bernama) -- Vantris Energy Bhd’s net profit surged to RM3.73 billion for the financial year ended Jan 31, 2026 (FY2026), from RM189.53 million in FY2025, driven by a one-off recognition of about RM4.1 billion in forgiveness of debt arising from its restructuring exercise.
KUALA LUMPUR, March 24 (Bernama) -- OCR Group Bhd’s indirect wholly owned subsidiary, OCR Avenue Sdn Bhd (OASB), has entered into a sale and purchase agreement with Magna Ecocity Sdn Bhd and Twinicon (M) Sdn Bhd.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 24 (Bernama) -- Tonnes of food waste end up in Malaysia’s landfills every day, much of it still edible. The problem becomes even more pronounced during festive seasons such as Ramadan, when large volumes of food are prepared but not always consumed.
