There are 491 news based on search keyword " stake"

Nextgreen Subsidiary Partners With China-Based Group To Develop Pulp Production Facility In Pahang

KUALA LUMPUR, April 16 (Bernama) -- Nextgreen IOI Pulp Sdn Bhd (NIP), a joint venture (JV) between Nextgreen Global Bhd (55 per cent) and IOI Corporation Bhd (45 per cent), has teamed up with Hong Kong Paper Sources Co Ltd to develop a high-capacity, bio-integrated pulp production facility at the Green Technology Park in Pekan, Pahang.

Petronas Unit Secures Additional Gas Supply Via Thailand-Malaysia Pipeline

KUALA LUMPUR, April 16 (Bernama) -- Petronas Energy & Gas Trading Sdn Bhd (PEGT) has secured an additional 155 million standard cubic feet per day (mmscfd) of gas supply via the Trans Thailand-Malaysia gas pipeline system, bringing the total to 400 mmscfd.

Bank Rakyat Names Ahmad Shahril CEO

KUALA LUMPUR, April 15 (Bernama) -- Bank Rakyat has appointed Ahmad Shahril Mohd Shariff as chief executive officer (CEO), effective April 9, 2025.

NCER Records RM42.76 Bln Realised Investments In Penang In 2024

GEORGE TOWN, April 15 (Bernama) -- Penang continues to strengthen its position as Malaysia’s premier investment and technology innovation hub, with realised investments worth RM42.76 billion and the creation of nearly 9,000 job opportunities in 2024.

US Tariffs Stoke Unease Among Public, Businesses & Foreign Firms In China

BEIJING, April 13 (Bernama) -- A sense of disquiet and anxiety is certainly spreading among the Chinese public following the barrage of US retaliatory tariffs imposed on China over the past week, unsettling markets and fuelling fears of a global recession.

Penang Sets Up Tariff Monitoring Task Force, Seeks Federal Govt Cooperation

GEORGE TOWN, April 11 (Bernama) -- The Penang state government will establish a tariff monitoring task force as part of its strategic response to the United States’ (US) recent tariff announcement.

Bin Zayed International Acquires 28.89 Pct Stake In Turiya

KUALA LUMPUR, April 11 (Bernama) -- Global investment conglomerate Bin Zayed International Group of Companies (BZI), through its Singapore entity Bin Zayed (S) Pte Ltd, has acquired a substantial 28.89 per cent stake in Malaysian firm Turiya Bhd, listed on Bursa Malaysia.

Malaysia Proposes Tech Safeguard Agreement To The US To Protect Supply Chains - Tengku Zafrul

KUALA LUMPUR  April 11 (Bernama) -- Malaysia has proactively engaged with the United States (US) authorities and companies, proposing a technology safeguard agreement to reassure stakeholders and ensure continued supply chain stability.

SAMENTA Urges SMEs Not To Be Overly Reliant On A Single Market Amid US Tariff Pause

KUALA LUMPUR, April 11 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) urged local businesses, particularly small and medium enterprises (SMEs), not to be over reliant on a single market in light of the United States’ (US) 90-day pause on reciprocal tariff while the 10 per cent baseline rate remains in place.

Cuckoo International Delays Listing On Bursa Malaysia To June

KUALA LUMPUR, April 9 (Bernama) -- Cuckoo International (MAL) Bhd (Cuckoo Malaysia) is rescheduling the timing of its initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Bhd due to the current global market volatility.

PNB To Strengthen Portfolio By Exiting Legacy Investments

By Karina Imran

KUALA LUMPUR, April 9 (Bernama) -- Permodalan Nasional Bhd (PNB) is looking to exit its positions in legacy investments, allowing it to strengthen other asset classes, including fixed income, said its deputy president and group chief executive officer, Datuk Rick Ramli.

SumiSaujana Makes Lacklustre Debut On Ace Market

KUALA LUMPUR, April 9 (Bernama) -- SumiSaujana Group Bhd made a lacklustre debut on Bursa Malaysia’s ACE Market today amid the continuing global market uncertainty caused by a US-led tariff conflict.