11m ago
KUALA LUMPUR, April 9 (Bernama) -- Sarawak-based telecommunications provider Reach Ten Holdings Bhd is set to raise RM104 million through its initial public offering (IPO) ahead of its planned Main Market listing on May 2, 2025.
11m ago
KUALA LUMPUR, April 7 (Bernama) -- Kerjaya Prospek Group Bhd’s wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd has secured a RM291.43 million building contract from Persada Mentari Sdn Bhd for the development of a service apartment in Bandar Tanjung Pinang, Penang.
11m ago
KUALA LUMPUR, April 4 (Bernama) -- Axiata Group Bhd is exiting Myanmar after its subsidiary, Edotco Investments (Labuan) Ltd, signed a share purchase agreement (SPA) to sell its entire 87.5 per cent stake in Edotco Investments Singapore Pte Ltd for US$150 million (RM713 million).
1y ago
KUALA LUMPUR, March 28 (Bernama) -- The Armed Forces Fund Board (LTAT) has demonstrated strong financial performance, highlighted by its highest dividend payout in seven years that reflected its effective management capabilities, said economists.
1y ago
KUALA LUMPUR, March 27 (Bernama) -- Muhibbah Engineering (M) Bhd’s (MEB) wholly-owned subsidiary, ITS Konsortium Sdn Bhd (ITSK), has acquired 12.52 million ordinary shares in Master-Pack Group Bhd (MPGB) for RM54.65 million.
1y ago
KUALA LUMPUR, March 26 (Bernama) -- Axiata Group Bhd and Sinar Mas announced that shareholders of PT XL Axiata Tbk, PT Smartfren Telecom Tbk, and PT Smart Telcom (SmartTel) have formally approved the merger of the three companies into XLSMART.
1y ago
KUALA LUMPUR, March 26 (Bernama) -- The First Meeting of the Fourth Session of the 15th Parliament, which concluded yesterday, saw the passing of two economy-related Bills within the 12-day session.
1y ago
KUCHING, March 21 (Bernama) -- Bintulu Port Holdings Bhd (BPHB) paid RM3.6 million zakat for 2024 to Tabung Baitulmal Sarawak (TBS), which is its highest zakat contribution to date.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the culture of establishing companies and maintaining unprofitable companies must stop immediately.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) has received a total of 8,501 cases in 2024, comprising 3,910 complaints and 4,591 enquiries, representing a 60 per cent increase from 2023 of 5,318 cases.
1y ago
KUALA LUMPUR, March 19 (Bernama) -- PEOPLElogy Bhd has signed an underwriting agreement with Kenanga Investment Bank Bhd for its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia.
1y ago
KUALA LUMPUR, March 17 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (Epic) is targeting a higher revenue of RM470 million for the financial year 2025 (FY2025), following its strong FY2024 performance that saw revenue reaching RM403.8 million, the highest in the company’s history.