99.27 Pct Shareholders Vote Yes For Sunway-IJM Takeover
KUALA LUMPUR, March 26 (Bernama) -- Sunway Bhd’s shareholders almost unanimously voted yes for the company’s takeover offer for IJM Corp Bhd in an extraordinary general meeting (EGM) today.
| LATEST NEWS | Targeted RON95 petrol subsidy cap for e-hailing and gig workers maintained at 800 litres - PM Anwar | Malaysia is still a centre very actively attracting investments despite the world facing turmoil and conflicts -- PM Anwar | BUDI95 individual quota temporarily adjusted from 300 litres to 200 litres per month effective April 1 - PM Anwar | West Asia conflict: Sabah, Sarawak to continue enjoying subsidised diesel at RM2.15 per litre despite price surge - PM Anwar | PM Anwar hopes the public understands that the reduction of the BUDI RON95 subsidy quota was made after careful consideration | |
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Brace For Prolonged Oil Market Pressure Despite Easing West Asia Conflict, Says Economist
KUALA LUMPUR, March 26 (Bernama) -- Malaysians are advised to prepare for a prolonged period of pressure in the oil market even if the conflict in West Asia eases in the near term.
HKIA’s Proposed Capital Changes Could Boost Hong Kong’s Reinsurance Market - AM Best
KUALA LUMPUR, March 26 (Bernama) -- The Hong Kong Insurance Authority’s (HKIA) proposed changes to how non-life insurers’ required capital levels are evaluated for natural catastrophes, man-made risks, and offshore reinsurance could strengthen Hong Kong’s position as a global reinsurance and risk management hub, according to a new AM Best report.
Sorento Capital Eyes Transfer To Main Market By Third Quarter Of 2026
KUALA LUMPUR, March 19 (Bernama) -- Sorento Capital Bhd has proposed to transfer its listing status to the Main Market of Bursa Malaysia Securities Bhd from the ACE Market.
New Hire-purchase Rules To Benefit Borrowers, Minimal Impact On Banks
KUALA LUMPUR, March 18 (Bernama) -- The introduction of key amendments to hire-purchase financing practices under the Hire-Purchase (Amendment) Act 2026 (HPAA) marks a significant move in strengthening borrowers’ protection, particularly for those looking to sell vehicles before their financing contracts mature, an economist said.
Bursa Malaysia Reprimands, Fines KAF IB For ACE Market Listing Breaches
KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded and fined KAF Investment Bank Bhd (KAF IB) RM300,000 for breaching the Bursa Malaysia Securities ACE Market listing requirements (ACE LR).
IJM Plans India Exit To Unlock Shareholder Value
PETALING JAYA, March 16 (Bernama) -- IJM Corp Bhd plans to exit its highway investments in India as part of its efforts to unlock shareholder value.
LRT Mutiara Line: Cross-Sea Link Takes Only Eight Minutes, 90 Per Cent Public Support
By R.Ratcharathan
GEORGE TOWN, March 13 (Bernama) -- Set to reshape the future of public transport in Penang, Light Rail Transit (LRT) Mutiara Line aims to link the island’s busy corridors through a fast and efficient light rail network.
Empire Premium Food Signs Underwriting Agreement With Maybank IB
KUALA LUMPUR, March 13 (Bernama) -- Empire Premium Food Bhd has entered into a retail underwriting agreement with Maybank Investment Bank Bhd (Maybank IB) for its initial public offering (IPO) and proposed listing on the Main Market of Bursa Malaysia.
Mah Sing Signs Supplemental Agreements For Johor Land Acquisition
KUALA LUMPUR, March 12 (Bernama) -- Mah Sing Group Bhd's subsidiary M Industrial Development Sdn Bhd has entered into supplemental agreements to amend certain terms related to its proposed acquisition of freehold land in Kulai, Johor, from Kuala Lumpur Kepong Bhd’s unit Aura Muhibah Sdn Bhd.
Elsa Gets Bursa Malaysia Approval For ACE Market Listing
KUALA LUMPUR, March 12 (Bernama) -- Oil and gas integrated service provider Elsa Bhd has received approval from Bursa Malaysia Securities Bhd to list on the ACE Market of Bursa Malaysia.