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Material Appoints Ranjan Kalia As CFO

KUALA LUMPUR, May 20 (Bernama) -- Material Plus Holdings LLC (Material), an intelligent growth company, has appointed Ranjan Kalia as Chief Financial Officer (CFO), bringing strong global finance leadership to support clients for future growth.

Gamuda Unit Bags Two EPC Contracts In Australia Worth RM3.12 Bln

KUALA LUMPUR, May 20 (Bernama) -- Gamuda Bhd’s wholly owned subsidiary in Australia, DT Infrastructure, has secured two engineering, procurement and construction (EPC) contracts worth AU$1.1 billion (approximately RM3.12 billion) for the delivery of Smoky Creek and Guthrie’s Gap solar power stations.

Red Sea Global Opens First Joint Venture-Developed Resort At Shura Island

KUALA LUMPUR, May 19 (Bernama) -- Red Sea Global (RSG), the regenerative tourism developer, has reached a major milestone as Four Seasons Resort and Residences Red Sea at Shura Island welcomed its first guests beginning May 20.

Gradiant Closes Series E Financing At US$2 Bln Valuation

KUALA LUMPUR, May 19 (Bernama) -- Gradiant has closed its Series E financing round led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors, valuing the company at US$2 billion. (US$1=RM3.97)

Bursa Malaysia Stays Marginally Higher At Mid-afternoon

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia stayed marginally higher at mid-afternoon due to buying activities in selected heavyweights led by the consumer products and services, utilities and construction sectors. 

New CBU EV Policy To Strengthen Local EV Industry Ecosystem - PEKEMA

By Muhammad Adil Muzaffar Mohd Fisol

CYBERJAYA, May 19 (Bernama) -- New government guidelines tightening the importation of completely built-up (CBU) electric vehicles (EVs) are expected to accelerate the development of Malaysia’s local EV ecosystem, according to the Bumiputera Car Dealers Association, better known as Persatuan Pengimpot dan Peniaga Kenderaan Melayu Malaysia (PEKEMA).

Bursa Malaysia Marginally Higher At Midday

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia turned marginally higher at midday, buoyed by buying interest in selected heavyweights, led by consumer products and services, financial services and utilities counters.

Malakoff Subsidiaries Secure PPA Extensions For 1,732MW Lumut Power Plants

KUALA LUMPUR, May 18 (Bernama) -- Malakoff Corporation Bhd’s subsidiaries, GB3 Sdn Bhd and Segari Energy Ventures Sdn Bhd (SEV), have signed power purchase agreements (PPAs) with Tenaga Nasional Bhd to extend the operations of two gas-fired power plants in Lumut, Perak.

Fushi Fynix, PlayMade Win Dual Bronze At MARKies Awards Singapore 2026

KUALA LUMPUR, May 18 (Bernama) -- Fynix, a brand under Fushi Tech, and PlayMade won two Bronze awards at the MARKies Awards Singapore 2026 for their jointly developed membership and customer engagement system.

​​​​​​​Malaysia Well-positioned To Gain From Global Supply Chain Shift -- Apex Securities

KUALA LUMPUR, May 18 (Bernama) -- Malaysia is well-positioned to benefit from the ongoing global supply chain restructuring as multinational corporations continue diversifying operations beyond China and Taiwan amid persistent geopolitical tensions, according to Apex Securities Bhd.

Gas Malaysia To Jointly Develop Regasification Terminal With Tokyo Gas, VTTI B.V.

KUALA LUMPUR, May 15 (Bernama) -- Gas Malaysia Bhd has entered into a joint development agreement (JDA) with Japan’s Tokyo Gas Co Ltd and Netherlands-based VTTI B.V. to develop the liquefied natural gas (LNG) regasification terminal project in Yan, Kedah.

Kioxia, Dell Technologies To Deliver High-Density AI Storage Server Configuration

KUALA LUMPUR, May 15 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, has collaborated with Dell Technologies to deliver a 2U server configuration capable of scaling to an unprecedented 9.8 petabytes (PB) of flash storage.