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Doppa Welcomes RM1.4 Bln Allocation For Oil Palm Replanting Under 13MP

KUCHING, Aug 8 (Bernama) -- The Sarawak Dayak Oil Palm Planters Association (Doppa) said the federal government’s allocation of RM1.4 billion for oil palm replanting under the 13th Malaysia Plan (13MP) is a timely move to rejuvenate ageing plantations, particularly for independent smallholders in the state.

Pharmaniaga Completes Regularisation Plan, Set To Exit PN17 By 1Q 2026

KUALA LUMPUR, Aug 6 (Bernama) -- Pharmaniaga Bhd has completed its Practice Note 17 (PN17) regularisation plan following the completion of its capital reduction exercise through the cancellation of RM520 million in issued share capital.

Over 90 Pct Of MHIT Policies Face Modest Adjustments – MoF

KUALA LUMPUR, Aug 4 (Bernama) -- More than 90 per cent of adjusted medical and health insurance and takaful (MHIT) policies recorded premium increases of less than 10 per cent, while over 200,000 policies benefited from deferred premium adjustments and more than 14,000 policies were reactivated as at 30 April 2025, according to the Ministry of Finance (MoF).

Hibiscus Petroleum Sets 2030 Output Target At 70,000 Boe/day

KUALA LUMPUR, Aug 4 (Bernama) -- Hibiscus Petroleum Bhd is targeting production of 70,000 barrels of oil equivalent per day (boe/day) and 2P reserves of 150 million barrels of oil equivalent (MMboe) by 2030.

CIMB Securities Upgrades Westports To Buy On Stronger 2H 2025 Results Projection

KUALA LUMPUR, Aug 4 (Bernama) -- CIMB Securities Sdn Bhd has upgraded Westports Holdings Bhd to “Buy” from “Hold” driven by higher container revenue following Port Klang’s new tariff implementation and higher transhipment volumes on the back of new services.

Cypark Unit Gets SEDA Nod To Develop 1.5MW Biogas Plant In Johor

KUALA LUMPUR, Aug 1 (Bernama) -- Cypark Resources Bhd's 51 per cent indirectly-owned subsidiary, Reviva BACRE (Ulu Remis) Sdn Bhd, has received approval from the Sustainable Energy Development Authority Malaysia (SEDA) to develop a 1.5-megawatt (MW) biogas facility in Layang-Layang, Johor.

UMS Integration Opens At RM5.15, 3 Pct Up On Bursa Malaysia Debut

KUALA LUMPUR, Aug 1 (Bernama) -- UMS Integration Ltd rose on its Main Market debut, becoming the first Singapore Exchange (SGX)-listed company to achieve a secondary listing on Bursa Malaysia.

Pharmaniaga On Track To Exit PN17, Jakel Medical Emerges As New Substantial Shareholder

KUALA LUMPUR, July 31 (Bernama) -- Pharmaniaga Bhd has completed two critical milestones of its regularisation plan, the rights issue and private placement, thus positioning the group firmly on track to exit its Practice Note 17 (PN17) status.

Chin Hin To Dispose Of Metex Steel For RM70 Mln

KUALA LUMPUR, July 31 (Bernama) -- Chin Hin Group Bhd is disposing its entire equity interest in Metex Steel Sdn Bhd comprising 50 million ordinary shares to EC Excel Wire Sdn Bhd for RM70 million cash.

RM430 Bln Under 13MP To Boost Malaysia’s Construction, Infrastructure Sectors - CIMB

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s construction and infrastructure sectors are set to benefit significantly from the 13th Malaysia Plan (13MP), which allocates RM430 billion for development expenditure (DE) from 2026 to 2030, according to CIMB Investment Bank Bhd.

Mavenir Completes US$1.3 Bln Recapitalisation To Strengthen Financial Position, Fuel Growth

KUALA LUMPUR, July 30 (Bernama) -- Mavenir, a cloud-native network infrastructure provider, and its existing investor, private equity firm Siris, have completed a comprehensive recapitalisation with Mavenir’s lenders.

IGB REIT Net Profit Rises To RM92.51 Mln In Second Quarter On Higher Rental Income

KUALA LUMPUR, July 29 (Bernama) -- IGB Real Estate Investment Trust’s net profit rose to RM92.51 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM81.55 million in the same period a year ago.