KLCI Up 0.17 Pct At Midday Amid Weaker Market

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia traded mixed at midday, as losses across the broader market were offset by gains in several index heavyweights, nudging the benchmark higher.

Spring Bio Solution Launches First Free Pharma Intelligence Platform

KUALA LUMPUR, June 12 (Bernama) -- Spring Bio Solution, a global leader in comparator sourcing and clinical trial supplies, has launched NCE Grid, touted as the world’s first free new chemical entity (NCE-1) intelligence platform — built to decode, centralise, and visualise Paragraph IV (Para IV) opportunities in real-time.

Multiply Group Launches Multiply Media Group, Creating UAE-based OOH Powerhouse

KUALA LUMPUR, June 9 (Bernama) -- Multiply Group, the Abu Dhabi-based investment holding company, has launched Multiply Media Group (MMG), uniting the three market-leading out-of-home (OOH) companies under its portfolio to create a new media powerhouse headquartered in the United Arab Emirates (UAE).

Bursa Malaysia Publicly Reprimands Meridian, Fines Five Directors Total Of RM350,000

KUALA LUMPUR, June 6 (Bernama) — Bursa Malaysia Securities Bhd has publicly reprimanded Meridian Bhd and imposed fines totalling RM350,000 on five of its directors for the breach of Main Market listing requirements.

IOIPG's Acquisition Of Scottsdale Properties A Strategic, Value-accretive Move - HLIB

KUALA LUMPUR, June 5 (Bernama) -- IOI Properties Group Bhd’s (IOIPG) proposed acquisition of Scottsdale Properties Pte Ltd is viewed as a strategic and value-accretive move, Hong Leong Investment Bank (HLIB) said. 

Master Tec Initiates Listing Transfer To Main Market Of Bursa Malaysia

KUALA LUMPUR, May 30 (Bernama) -- Master Tec Group Bhd has proposed to transfer its listing to the Main Market of Bursa Malaysia in less than two years after the company's debut on the ACE Market in January 2024. 

Peak Reinsurance North America Assigned Credit Ratings By AM Best

KUALA LUMPUR, May 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” to Bermuda’s Peak Reinsurance North America Ltd (Peak Re NA), with a stable outlook for both credit ratings (ratings).

Maritime Chain Crucial To ASEAN-GCC-China Economic Ties

By Harizah Hanim Mohamed

KUALA LUMPUR, May 25 (Bernama) – A maritime value chain that facilitates shipping connectivity and secures sea lanes, along with the ability to counter disruptions, is vital for ASEAN, the Gulf Cooperation Council (GCC) countries and China in their quest to consolidate tripartite economic cooperation and integration.

China Backs ASEAN-GCC-China Summit, Sees Malaysia As Key Regional Partner

By Kisho Kumari Sucedaram

BEIJING, May 21 (Bernama) -- China has expressed strong support for the upcoming ASEAN-GCC-China Summit, underscoring the importance of enhanced cooperation among Southeast Asia, the oil-ric

Anwar Positions Malaysia, ASEAN As Leading Voices Of Global South

KUALA LUMPUR, May 20 (Bernama) -- As chair of ASEAN, Datuk Seri Anwar Ibrahim is clearly asserting Malaysia’s position – and that of the regional grouping – as key players in the Global South and a rising force to be reckoned with, demanding a global shift from the dominance of bipolarity to equitable power-sharing through multipolarity.

AM Best Affirms Excellent Ratings For China’s Ping An P&C

KUALA LUMPUR, May 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 Ping An Property & Casualty Insurance Company of China Ltd (Ping An P&C), with a stable outlook for both ratings.

Gold Likely To Keep Rallying Until Next Year Amid Global Uncertainties -- UBS

KUALA LUMPUR, May 15 (Bernama) -- UBS Investment Bank remains bullish on gold and expects the precious metal to continue to rally, likely until the second or third quarter of next year, amid global uncertainties.