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Southern Cable Secures Contracts Worth RM403.6 Mln From TNB

KUALA LUMPUR, Feb 19 (Bernama) -- Southern Cable Group Bhd's unit Southern Cable Sdn Bhd has secured contracts totalling RM403.6 million from Tenaga Nasional Bhd (TNB) to supply underground cables and conductors for one year from February 2025. 

Bursa Malaysia Derivatives Reports 17 Pct Growth In FCPO Contracts Traded In 2024

KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia Derivatives Bhd hit a new milestone last year with 18.95 million crude palm oil futures (FCPO) contracts traded, up 17 per cent over the previous record of 16.21 million contracts in 2023.

RHB Raises Sustainable Financing Target To RM90 Bln By 2027

KUALA LUMPUR, Feb 19 (Bernama) -- RHB Banking Group has set a new target of RM90 billion for sustainable financial services (SFS) by 2027 from its earlier RM50 billion target by 2026.

ACE Market-bound Saliran Eyes RM21.71 Mln From IPO

KUALA LUMPUR, Feb 19 (Bernama) -- ACE Market-bound oil and gas (O&G) pipe supplier Saliran Group Bhd aims to raise RM21.71 million through its initial public offering (IPO).

Logistics Sector Must Take Advantage Of Govt Support To Adopt Industry 4.0 - Loke

SUBANG JAYA, Feb 19 (Bernama) -- The logistics sector must take advantage of government support, such as the income tax exemption for smart logistics complexes, to further uplift the sector and encourage the adoption of Industry 4.0 technology, said Transport Minister Anthony Loke. 

Sime Darby Auto ConneXion Invests RM16.6 Mln In 3S Showroom In Penang

GEORGE TOWN, Feb 18 (Bernama) -- Sime Darby Auto ConneXion (Auto ConneXion), the sole distributor for Ford in Malaysia, has officially opened its latest and largest 3S (Sales, Service and Spare Parts) showroom in Penang, located at Jalan Baru, Seberang Perai Tengah.

The Scaling Heights: The IPO Readiness Conference Helps SMEs Navigate Opportunities And Challenges Of Going Public

KUALA LUMPUR, Feb 18 (Bernama) -- The Scaling Heights: The IPO Readiness Conference has served as a platform for small and medium enterprise (SME) owners to explore their readiness to raise funds from the capital market, as well as the opportunities and challenges of going public.

Gas Malaysia Posts Higher Net Profit Of RM441.39 Mln For FY2024

KUALA LUMPUR, Feb 18 (Bernama) -- Gas Malaysia Bhd posted a higher net profit of RM441.39 million for the financial year ended Dec 31, 2024 (FY2024), up from RM383.40 million a year ago.

Kao Corporation Responds To Shareholder Proposals Ahead Of AGM

KUALA LUMPUR, Feb 18 (Bernama) -- Kao Corporation disclosed its opinion on Feb 14 regarding the shareholder proposals submitted by Oasis Japan Strategic Fund Ltd (Oasis) for the company’s 119th Annual General Meeting (AGM).

Unipart Embarks Operations In Vietnam, Enhancing Supply Chain Services In APAC

KUALA LUMPUR, Feb 18 (Bernama) -- Unipart, the supply chain performance improvement partner, has officially launched operations in Vietnam.

UAE Advances Air Corridor Mapping For Autonomous Air Taxis, Drones

KUALA LUMPUR, Feb 18 (Bernama) -- The United Arab Emirates (UAE) has initiated a groundbreaking project to redefine urban transportation by mapping air corridors and developing a regulatory framework for piloted and autonomous air taxis and cargo drones.

Transformation Efforts Of MAHB Expected To Bear Fruit - MOF

KUALA LUMPUR, Feb 18 (Bernama) --  The transformation efforts of Malaysia Airports Holdings Bhd (MAHB) are expected to bear fruit, attracting more airlines and passengers and boosting the country's economic growth while providing returns to the government, according to the Ministry of Finance (MOF).