TechStore Eyes RM25 Mln From IPO To Drive Expansion
KUALA LUMPUR, Jan 22 (Bernama) -- Enterprise IT services provider TechStore Bhd aims to raise RM25 million from its initial public offering (IPO) en route to an ACE Market listing on Feb 18, 2025.
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Gentari: 2024 A Year Of Focused Growth
KUALA LUMPUR, Jan 13 (Bernama) -- Throughout 2024, clean energy solutions provider Gentari Sdn Bhd has charted significant progress in growing and strengthening its position as a regional leader in renewable energy, hydrogen and green mobility in Asia Pacific.
Petronas To Explore Malay Basin’s Full Potential
KUALA LUMPUR, Jan 7 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), in collaboration with Beicip Franlab Asia, has embarked on an integrated basin study to explore untapped resources in the Malay Basin, located off the coast of Peninsular Malaysia.
Port Of Tanjung Pelepas Is Malaysia's First Container Terminal To Surpass 12 Mln TEUs Throughput
KUALA LUMPUR, Jan 2 (Bernama) -- MMC Corporation Bhd’s 70 per cent-owned unit, Port of Tanjung Pelepas (PTP), has become the first container terminal in Malaysia to handle over 12.25 million twenty-foot equivalent units (TEUs) in a single year in 2024.
Perma-Pipe Posts Strong Q3 2024 Results With 29 Pct Increase In Net Income
KUALA LUMPUR, Dec 24 (Bernama) -- Perma-Pipe International Holdings Inc’s net income for the third quarter ended Oct 31, 2024 (Q3) increased to US$2.5 million from US$1.9 million in the same period last year, mainly driven by better project execution. (US$1=RM4.48)
Online Scams Hurt Investor Confidence, Seen As “Lucrative” By Syndicates
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 23 (Bernama) -- The government must intensify efforts to curb online financial scams, which, if left unchecked, will affect trade, tourism, as well as investor confidence and derail Malaysia’s zeal to emerge as a foremost investment destination.
MOH Welcomes BNM's Interim Measures To Regulate Insurance, Takaful Premiums
KUALA LUMPUR, Dec 20 (Bernama) -- The Ministry of Health (MOH) has welcomed Bank Negara Malaysia’s (BNM) move to regulate the rise in medical and health insurance/takaful (MHIT) premiums, calling it a timely short-term intervention to alleviate the burden of sudden inflation on the public.
Buoyant Year For Port Operators, Shipping Industry But Challenges Persist
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.
EPF Becomes Significant Unitholder In KIP REIT With Over 6 Pct Ownership
KUALA LUMPUR, Dec 6 (Bernama) -- The Employees Provident Fund (EPF) has become a substantial unitholder of KIP Real Estate Investment Trust (KIP REIT) following the successful conclusion of the group’s recent private placement.
E&E Segment Records Realised Investments Of RM4.8 Bln As Of June 2024
KUALA LUMPUR, Dec 5 (Bernama) -- The electrical and electronics (E&E) segment has recorded the highest realised investment performance of RM4.8 billion during the period from January to June 2024, according to the Ministry of Investment, Trade and Industry (MITI).
Northport Breaks Container And Conventional Cargo Annual Records With A Month To Spare
KUALA LUMPUR, Dec 3 (Bernama) -- Northport (Malaysia) Bhd has achieved new annual throughput records in its container and conventional cargo business segments, handling 3,328,508 twenty-foot equivalent units (TEUs) as of Nov 27, 2024, surpassing its previous annual record of 3,324,364 TEUs set in 2021.
Syarikat Takaful Malaysia Keluarga Posts Higher 3Q Net Profit Of RM100.65 Mln
KUALA LUMPUR, Nov 29 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd has posted a higher net profit of RM100.65 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared to RM91.10 million in the same period last year.