IJM Confirms Presence Of MACC, IRB At Its Office, Says Operations Continue As Usual

KUALA LUMPUR, Jan 19 (Bernama) -- IJM Corporation Bhd (IJM) has confirmed that officers from the Malaysian Anti-Corruption Commission (MACC) and the Inland Revenue Board of Malaysia were present at the company’s office today to obtain information as part of their process.

JcbNext Disposes Of 9.45 Pct Remaining Stake In Nova Pharma For RM5.21 Mln

KUALA LUMPUR, Jan 19 (Bernama) -- JcbNext Bhd has disposed of its entire 9.45 per cent equity interest in Nova Pharma Solutions Bhd for RM5.21 million after accepting an unconditional mandatory takeover offer from Southern Score Builders Bhd.

AAX Redesignates Benyamin Ismail As General Manager, Appoints Tharumalingam As Group CEO

KUALA LUMPUR, Jan 19 (Bernama) -- AirAsia X Bhd (AAX) has redesignated its chief executive officer (CEO) Benyamin Ismail to the position of general manager, effective today, as part of the consolidation of AirAsia Group’s aviation business under AAX.

Bursa Malaysia's Key Index Ends Flat Amid Mixed Regional Sentiment

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 19 (Bernama) -- Bursa Malaysia’s benchmark index pared earlier losses, ending marginally lower after late buying lifted it to the day’s high of 1,712.33 at the close, amid mixed regional sentiment.

KKV Opens Vietnam Global Flagship In Ho Chi Minh City

KUALA LUMPUR, Jan 19 (Bernama) -- KK Group announced the grand opening of the KKV Vietnam Global Flagship Store in downtown Ho Chi Minh City, marking KKV’s second global flagship worldwide and underscoring Vietnam’s importance in the group’s Southeast Asia growth strategy.

CGTN: China, Canada Pledge Deeper Bilateral Cooperation

KUALA LUMPUR, Jan 19 (Bernama) – China Global Television Network Corporation (CGTN) has published an article highlighting Chinese President Xi Jinping’s meeting with Canadian Prime Minister Mark Carney, underscoring renewed momentum in bilateral relations and broad prospects for cooperation under evolving global conditions.

AM Best Affirms Japan P&I Credit Ratings As Excellent

KUALA LUMPUR, Jan 19 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of The Japan Ship Owners’ Mutual Protection & Indemnity Association (Japan P&I), with a stable outlook.

Rianlon’s RM1.27 Bln Project Boosts Johor’s High-value Manufacturing Push -- Onn Hafiz

JOHOR BAHRU, Jan 19 (Bernama) -- Rianlon Corporation’s decision to establish a research and development (R&D) and manufacturing facility in Johor reflects strong and sustained investor confidence in the state as a regional hub for high-value and technology-driven investments.

AirAsia X Completes Acquisition Of AirAsia Bhd And AirAsia Aviation Group Ltd From Capital A

KUALA LUMPUR, Jan 18 (Bernama) -- AirAsia X Bhd has completed the acquisition of AirAsia Bhd (AAB) and AirAsia Aviation Group Ltd from Capital A Bhd, marking the final step in the consolidation of the group’s aviation businesses.

Flexi Flex Marks 12 Years Of Growth, Contribution In Labuan

LABUAN, Jan 16 (Bernama) -- Flexi Flex Group, which began operations on this duty-free island in 2014 with limited resources but strong determination, has grown into a recognised industry player in Labuan as it celebrates its 12th anniversary this year.

Indonesia’s B50 Delay Opens Short-Term Export Window For Malaysian Palm Oil -- Don

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 16 (Bernama) -- Indonesia’s decision to delay the implementation of the B50 biodiesel mandate presents Malaysia with a short-term opportunity to increase palm oil exports as the commodity’s price is kept stable by the move, according to an academic.

Bursa Malaysia Ends Lower On Profit-taking, CI Down 0.14 Pct

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia failed to sustain its early gains and closed lower, weighed down by profit-taking following its recent strong performance, with the benchmark index slipping 0.14 per cent.