11m ago
KUALA LUMPUR, Jan 24 (Bernama) -- Westports Holdings Bhd’s share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) versus RM779.43 million in the preceding year.
1y ago
KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia’s economy is poised for growth in 2025 as domestic demand is likely to strengthen further with sustained consumer spending and ongoing increase in investment activities, said Alliance Bank Malaysia Bhd.
1y ago
DAVOS (Switzerland), Jan 23 (Bernama) -- As the chairman of ASEAN this year, Malaysia had a strong start by delivering the 10-member bloc’s collective voice on its challenges, potentials and its independence in making decisions at the renowned World Economic Forum (WEF) Annual Summit 2025 here.
1y ago
DAVOS (Switzerland) Jan 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim emphasised that the Global South, such as BRICS, has to take a stand because the international financial structure through the International Monetary Fund (IMF) and the United Nations need to reform.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) have refuted any suggestion that the offer for Malaysia Airports Holdings Bhd (MAHB) has been undertaken in anything other than full compliance with the Securities Commission Malaysia’s (SC) Rules on Takeovers, Mergers and Compulsory Acquisitions.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is closer to privatisation, with the deal now nearly finalised as it reached 86.5 per cent acceptances, said a foreign bank analyst.
1y ago
SUBANG, Jan 21 (Bernama) -- Alliance Bank Malaysia Bhd’s latest environmental, social and governance (ESG) survey has indicated a sixfold increase in environmental, social, and governance (ESG) awareness among small and medium enterprises (SMEs) in Malaysia.
1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) forecast a 41 per cent gateway container mix for Westports Holdings Bhd in financial year 2025 (FY2025), compared to 45 per cent recorded in the third quarter last year, with a tariff hike anticipated in FY2027.
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- Scanwolf Corporation Bhd has received a notice of conditional mandatory take-over offer from Maybank Investment Bank Bhd on behalf of the Mighty Alliance Sdn Bhd (MASB) (offeror) to acquire all the remaining ordinary shares not already owned by the offeror, joint ultimate offerors and persons acting in concert with them (PACs).
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- Real estate company Mighty Alliance Sdn Bhd (MASB) has acquired a 29.51 per cent equity interest in Scanwolf Corporation Bhd from four buyers for RM32.35 million cash.
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) secured RM13.4 billion in realised investments for 2024, a 56 per cent growth from 2023’s RM8.6 billion.
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) have reduced the acceptance condition of its offer to 85 per cent of Malaysia Airports Holdings Bhd’s (MAHB) total issued shares, enabling delisting of the airport operator.