| LATEST NEWS | Congestion and scanner shortage issues at Linkedua to be brought to KDN's attention - Loke | Police bust two drug syndicates, seize drugs worth RM4.7 million in Johor Bahru | A total of 60,000 students are targeted to benefit from the MyLesen B2 Sekolah (MyB2S) programme, with an allocation of RM18.5 million - Anthony Loke | Three people detained to assist in probe into fatal shooting in Skudai on May 9 - Police | Johor state election not discussed in UMNO Supreme Council meeting today - Ahmad Zahid | |
KUALA LUMPUR, May 11 (Bernama) -- India-based Vedanta Limited, a global leader in metals, oil & gas, critical minerals, power and technology, posted a record profit of US$2.8 billion for the financial year ended March 31, 2026, up 22 per cent year-on-year (YoY), driven by structurally strong businesses and disciplined execution. (US$1 = RM3.91)
KUALA LUMPUR, May 11 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a+” (Excellent) to Taiwan’s Tokio Marine Newa Insurance Co Ltd (TMNewa), with a stable outlook.
KUALA LUMPUR, May 11 (Bernama) -- Stoneshield Capital has become the second-largest shareholder in Meliá Hotels International (Meliá) with a 9.5 per cent stake, while Stoneshield co-founder, Juan Pepa has been appointed to Meliá’s Board of Directors.
KUALA LUMPUR, May 11 (Bernama) -- Abaxx Technologies Inc (Abaxx) has entered a commercial engagement with Alta Alternative Investments Pte Ltd (Alta) to advance the use of money market fund shares as T+0 collateral for margin at Abaxx Clearing, moving Digital Title toward its first commercial implementation.
KUALA LUMPUR, May 4 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has obtained shareholders’ approval for a strategic divestment exercise with a total potential value of RM151.19 million at its extraordinary general meeting (EGM).
KUALA LUMPUR, May 4 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE).
KUALA LUMPUR, April 30 (Bernama) -- KPS Consortium Bhd’s (KPSCB) wholly-owned subsidiary, KPS Plywood Sdn Bhd, has entered into three separate sale and purchase agreements with Nautical Wealth Sdn Bhd (in liquidation) to acquire several properties in Rawang, Selangor, for RM45.5 million.
KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s national oil and gas company Petroliam Nasional Bhd (Petronas) has signed definitive agreements with Japan-based oil and gas company ENEOS Xplora.
KUALA LUMPUR, April 30 (Bernama) -- Shares of CelcomDigi Bhd were unchanged at the midday break following its announcement of an additional RM202 million shareholder advance to Digital Nasional Bhd (DNB).
KUALA LUMPUR, April 28 (Bernama) -- The withdrawal of the 10 per cent withholding tax by the Malaysian government has minimal impact towards KLCCP Stapled Group due to its shareholder mix.
KUALA LUMPUR, April 27 (Bernama) -- Petronas Dagangan Bhd (PDB) is prepared to perform well despite ongoing global changes and shifting energy policies, and remains committed to keeping Malaysia moving by ensuring a reliable supply, supporting national priorities, and delivering sustainable value to shareholders.
GEORGE TOWN, April 25 (Bernama) -- Pensonic Holdings Bhd returned to profitability in the third quarter (3Q) ended Feb 28, 2026 (FY2026), recording profit after tax of RM2.25 million compared with a loss of RM150,000 in the same quarter last year.
