Pan Merchant Aims To Raise RM67.6 Mln From IPO

KUALA LUMPUR, June 6 (Bernama) -- Solid-liquid filtration solutions provider Pan Merchant Bhd aims to raise RM67.6 million from its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia. 

LyondellBasell To Divest Four European Sites In Deal With AEQUITA

KUALA LUMPUR, June 6 (Bernama) -- LyondellBasell (LYB), a leader in the global chemical industry, has entered into an agreement and exclusive negotiations with AEQUITA for the sale of select olefins & polyolefins assets and the associated business in Europe.

MoneyHero, RCBC Partner To Expand Credit Card Access In The Philippines 

KUALA LUMPUR, June 5 (Bernama) -- MoneyHero Limited, a personal finance aggregation and comparison platform, has entered into a strategic partnership with Rizal Commercial Banking Corporation (RCBC) to integrate RCBC’s range of credit card products into its digital platform in the Philippines.

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. 

Bank Islam's Net Profit Eases To RM126.27 Mln In 1Q 2025

KUALA LUMPUR, May 30 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) posted a net profit of RM126.27 million for the first quarter ended March 31, 2025 (1Q 2025), 3.53 per cent lower compared to RM130.73 million recorded in the same period last year.

IHH Healthcare Shares Down After Posting Lower First Quarter Net Profit

KUALA LUMPUR, May 30 (Bernama) -- IHH Healthcare Bhd shares fell in the mid-morning trading session after the hospital operator posted a lower net profit in the first quarter of its 2025 financial year (1Q FY2025).

IJM Posts Weaker Net Profit Of RM403.38 Mln In FY2025

KUALA LUMPUR, May 29 (Bernama) -- IJM Corporation Bhd posted a lower net profit of RM403.38 million for the financial year ended March 31, 2025 (FY2025), down from RM600.28 million in the previous year.

ACE Market-Bound ASM Automation Aims To Raise RM21.82 Mln From IPO

KUALA LUMPUR, May 29 (Bernama) -- Automation machinery solutions specialist ASM Automation Group Bhd aims to raise RM 21.82 million through its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia Securities Bhd on July 2, 2025.

Kerjaya Prospek Posts Higher Net Profit Of RM46.07 Mln In 1Q

KUALA LUMPUR, May 28 (Bernama) -- Kerjaya Prospek Group Bhd has posted a net profit of RM46.07 million in the first quarter ended March 31, 2025 (1Q 2025), up from RM33.55 million recorded in 1Q last year.

Mutiara Perlis Invests RM17 Mln In Kalmar Equipment To Boost Inland Port Capacity

KUALA LUMPUR, May 21 (Bernama) -- Mutiara Perlis Sdn Bhd is investing RM17 million to acquire 15 Kalmar container handlers for the Perlis Inland Port (PIP) via its partner, Mach 1 Group.

ECRL Extension To Sungai Golok Would Complete Eastern ASEAN Rail Link -- DON

By Abdul Hamid A Rahman

KUALA LUMPUR, May 22 (Bernama) -- Extending the East Coast Rail Link (ECRL) from Kota Bharu to Sungai Golok would complete the missing eastern corridor of the Singapore–Kunming Rail Link (SKRL), unlocking Malaysia’s strategic potential in cross-border logistics, an expert said.

Public Bank Posts Higher Net Profit Of RM1.75 Bln In 1Q

KUALA LUMPUR, May 21 (Bernama) -- Public Bank Bhd reported a higher net profit of RM1.75 billion in the first quarter ended March 31, 2025 (1Q 2025) compared with RM1.65 billion in the same period last year.