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Uni-Fuels Makes Landmark Nasdaq Debut As Singapore’s First Marine Fuel Provider Listed

KUALA LUMPUR, Jan 16 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), announced the completion of its initial public offering (IPO) on the Nasdaq Stock Market, becoming the first Singapore-based marine fuel provider to be listed in the United States.

Takaful Ikhlas Launches GO Serve For Seamless Takaful Management

KUALA LUMPUR, Jan 16 (Bernama) -- MNRB Holdings Bhd's wholly owned subsidiary, Takaful Ikhlas General Bhd (Takaful Ikhlas) has launched GO Serve, an innovative integrated self-service customer portal to provide its customers with seamless and immediate access to view and manage their takaful certificates.

Uni-Fuels Raises US$8.4 Mln In Successful IPO Closing

KUALA LUMPUR, Jan 16 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) has successfully closed its underwritten initial public offering (IPO) of 2,100,000 Class A Ordinary Shares at a public offering price of US$4.00 per share, raising total gross proceeds of US$8.4 million before underwriting discounts and commissions. (US$1 = RM4.49)

FSBM Signs MoUs With VisionTech And Cydentiq To Advance AI, Cybersecurity Solutions

KUALA LUMPUR, Jan 16 (Bernama) -- IT services company FSBM Holdings Bhd, through its subsidiary FSBM I-Design Sdn Bhd, has signed two memorandums of understanding (MOUs) with VisionTech Pte Ltd and Cydentiq Sdn Bhd to develop advanced artificial intelligence (AI) and cybersecurity solutions.

Bursa Malaysia Ends Morning Session Slightly Lower

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia pared earlier losses to close the morning session slightly lower on profit-taking in selected heavyweights, although a mild technical bounce is expected today.

Bursa Malaysia Opens Higher On Improved Sentiment

KUALA LUMPUR, Jan 16 (Bernama) --Bursa Malaysia rebounded to open higher today, buoyed by improved sentiments following Wall Street’s better performance overnight.

Offerors For MAHB Secure 86.18 Pct, Deadline Extended To Jan 24

KUALA LUMPUR, Jan 15 (Bernama) -- The takeover of the remaining shares by the joint offerors for Malaysia Airports Holdings Bhd’s (MAHB) shares on behalf of Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd and Gip Aurea Pte Ltd has reached 86.18 per cent. 

F&N Well-Capitalised To Manage Rising Energy And Wage Costs, Says CEO

KUALA LUMPUR, Jan 15 (Bernama) -- Fraser & Neave Holdings Bhd (KL:F&N) is well-capitalised to navigate rising energy and wage costs, said chief executive officer Lim Yew Hoe.

Bursa Malaysia Reverses Early Gains To End Lower Ahead Of US CPI Data

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia reversed its early gains to close broadly lower, with over 900 stocks in the red, reflecting the continuous lack of confidence across the market.

Malaysia Strengthens Its Position As Leading Foreign Investment Destination - Fahmi

PUTRAJAYA, Jan 15 (Bernama) – Malaysia continues to strengthen its position as a leading foreign investment destination even as the Abu Dhabi Investment Authority (ADIA) expresses its commitment to increase investments in Malaysia, said Communications Minister Fahmi Fadzil.

US Patent Grants See Growth In 2024, Samsung Holds Top Spot

KUALA LUMPUR, Jan 15 (Bernama) -- United States (US) patent grants have rebounded after four years of decline, rising by 3.8 per cent from calendar year 2023 to 324,043, with Samsung retaining top spot for the third year in a row, according to IFI CLAIMS Patent Services.

Bursa Malaysia Ends Morning Session Weaker On Continued Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia ended the midday session lower as decliners surged past gainers amid weak market sentiment and persistent selling in index-linked counters.