KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).
KUALA LUMPUR, March 12 (Bernama) -- Sapura Energy Bhd emerged as among top traded stocks in early trade after securing RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter’s subscription of the company’s nominal value of redeemable convertible loan stocks.
KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).
SEPANG, March 10 (Bernama) -- Capital A Bhd is eyeing to exit from Practice Note 17 (PN17) status by May 2025 after receiving approval from shareholders and the High Court on its regularisation plan.
SEPANG, March 10 (Bernama) -- Capital A Bhd will not resume dividend payments soon, as it is prioritising its restructuring efforts and debt reduction, said chief executive officer (CEO) Tan Sri Tony Fernandes.
KUALA LUMPUR, March 10 (Bernama) -- Pertama Digital Bhd (PDB) has undergone substantial progress in recent months, from securing key funding to executing strategic acquisitions and collaborations that position the company for long-term growth.
KUALA LUMPUR, March 9 (Bernama) -- Saudi Arabia’s Public Investment Fund (PIF) interest in AirAsia signals confidence in the low-cost carrier’s financial prospects, with aviation analysts predicting substantial growth should the investment proceed.
KUALA LUMPUR, March 1 (Bernama) -- The strong and competitive dividend rates achieved by the Employees Provident Fund (EPF) for 2024 demonstrate the fund’s resilience and commitment in ensuring a secure future for its members during retirement, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Feb 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has reaffirmed its commitment to restructuring Malaysia’s steel industry to enhance sustainability, recognising it as a strategic sector for the country.
KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) is still evaluating its workforce rightsizing exercise, which will also involve a top-to-bottom approach.
KUALA LUMPUR, Feb 25 (Bernama) -- The privatisation and delisting of Malaysia Airports Holdings Bhd (MAHB) represents a crucial turning point for the country’s aviation industry, offering a chance to improve operational efficiency and service quality across its airports, analysts opined.
KUALA LUMPUR, Feb 20 (Bernama) -- The government projected the inflation rate in 2025 to increase moderately between two per cent and 3.5 per cent, said the Ministry of Finance (MOF).
