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Ringgit Rises To 4.04 As Investor Confidence Strengthens; Economist Foresees Return To 3.82

KUALA LUMPUR, Dec 25 (Bernama) -- With less than a week remaining before the close of 2025, the ringgit continued its upward momentum, trading around 4.04 against the US dollar, its highest level in nearly five years.

PHB Appoints Mazuki Abdullah Group Managing Director

KUALA LUMPUR, Dec 25 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has appointed Mazuki Abdullah @ Muhammad as its new group managing director, effective Jan 1, 2026.

HARMAN Acquires ZF's ADAS Business For 1.5 Bln Euros To Boost SDV Platform

KUALA LUMPUR, Dec 24 (Bernama) -- HARMAN International, a wholly owned subsidiary of Samsung Electronics Co Ltd, has entered into a definitive agreement to acquire the Advanced Driver Assistance Systems (ADAS) business of ZF Group for 1.5 billion euros, strengthening its position in the fast-evolving software-defined vehicle (SDV) market. (1 Euro = RM4.77)

Hextar Global To Acquire three Fertiliser Companies For RM120 Mln

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. 

JPG Consolidates JPG Greenergy Ventures, Strengthens Renewable Energy Strategy

JOHOR BAHRU, Dec 23 (Bernama) — Johor Plantations Group Bhd (JPG) has enhanced its strategic position in the renewable energy (RE) sector by consolidating JPG Greenergy Ventures Sdn Bhd (JPGGV) as a wholly owned subsidiary. 

Bursa Malaysia Extends Rally For Fourth Session On Institutional Buying

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) continued its upward momentum for a fourth consecutive session, underpinned by ongoing support from domestic institutional investors. 

ACE Market-bound SBS Nexus To Raise RM30.63 Mln From IPO

KUALA LUMPUR, Dec 23 (Bernama) -- Branding and marketing solutions specialist company SBS Nexus Bhd aims to raise RM30.63 million from its initial public offering (IPO) ahead of its listing on Bursa Malaysia’s ACE Market on Jan 20, 2026.

Modon Enters Jersey City Waterfront Tower Joint Venture

KUALA LUMPUR, Dec 23 (Bernama) -- Modon Holding PSC (Modon) has announced a new joint venture to develop Harborside 4, a 54-storey residential tower on one of the last prime waterfront sites in downtown Jersey City, New Jersey, United States (US), marking a further step in the group’s global expansion strategy.

EMCC Secures Approval For Four New Pawnbroking Licenses From KPKT

KUALA LUMPUR, Dec 22 (Bernama) -- Evergreen Max Cash Capital Bhd (EMCC) has secured approval from the Ministry of Housing and Local Government (KPKT) for four new pawnbroking licenses covering two outlets in Pahang, one in Kuala Lumpur, and one in Perak.

TNB Introduces Two Senior Leadership Roles To Enhance Governance

KUALA LUMPUR, Dec 22 (Bernama) -- Tenaga Nasional Bhd (TNB) has appointed Mahathir Nor Ismail as senior chief network officer (SCNO) and Datuk Muhamad Nazri Pazil as senior chief strategy and sustainability officer (SCSSO), effective Jan 1, 2026, following the creation of the two senior leadership roles.

PHB Positions Bumiputera Participation In Real Estate As Nation-building Catalyst

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.

Saudia Eyes More Flights Between Malaysia, Saudi Arabia As KLIA Anchors Asia-Pacific Growth

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.