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There are 301 news based on search keyword " acquire"

Petronas Unit Monitoring Low Production Of Oil And Gas In Peninsular Malaysia

By Siti Radziah Hamzah

KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country. 

GDA To Compulsorily Acquire Remaining MAHB Shares At RM11 Apiece

KUALA LUMPUR, Feb 14 (Bernama) --  Gateway Development Alliance Sdn Bhd (GDA) has proposed to compulsorily acquire all of the Malaysia Airports Holdings Bhd (MAHB) shares from dissenting shareholders at RM11 per share.

MAHB Applies For Delisting After Consortium Secures 98.68 Pct Stake

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has submitted an application to Bursa Securities for the removal of its listing status from the Official List, in line with Paragraph 16.07(a) of the Listing Requirements.

Pavilion REIT Posts RM409.92 Mln Net Profit For FY2024

KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.

Bitdefender Acquires Bitshield's Division In APAC Expansion

KUALA LUMPUR, Feb 12 (Bernama) -- Global cybersecurity provider Bitdefender has acquired a key division of BitShield Data Defense Sdn Bhd, responsible for distributing Bitdefender solutions in Malaysia and Brunei.

Kinergy Ventures Into IPP Sector, Acquires 47.5 Pct Stake In Jati Cakerawala

KUALA LUMPUR, Feb 7 (Bernama) -- Kinergy Advancement Bhd (KAB) is venturing into the Independent Power Producer (IPP) sector with the acquisition of a 47.5 per cent stake in Jati Cakerawala Sdn Bhd, a wholly-owned subsidiary of Pesaka Ventures Sdn Bhd (PVSB), for RM35 million.

IHH Healthcare Shares Rise After Seeking Compensation From Daiichi Sankyo Over Fortis Deal

KUALA LUMPUR, Feb 7 (Bernama) -- IHH Healthcare Bhd’s share price on Bursa Malaysia edged higher in early trading after its unit Northern TK Venture Pte Ltd (NTK) sought compensation from Japan’s Daiichi Sankyo Company Ltd for its stake acquisition in India’s Fortis Healthcare.

CapitaLand Malaysia Trust To Buy Three Freehold Industrial Properties In Johor For RM72 Mln Cash

KUALA LUMPUR, Feb 5 (Bernama) -- CapitaLand Malaysia Trust (CLMT) has signed an agreement to acquire three freehold industrial properties in Johor from Gromutual Bhd subsidiary, Rainbow Entity Sdn Bhd (RESB), for RM72 million cash.

Ringgit Rises Further Against US Dollar At The Close

KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit appreciated further against the US dollar today amid fears on US tariff hikes and the expectation that the US Federal Reserve (Fed) would maintain interest rates later this year, said an analyst.  

KJTS Group Proposes To Acquire Malakoff Utilities For RM65.5 Mln

KUALA LUMPUR, Feb 3 (Bernama) -- KJTS Group Bhd has proposed to acquire Malakoff Utilities Sdn Bhd (MUSB), a subsidiary of Malakoff Corporation Bhd, for RM65.5 million in cash.

Sunway REIT Net Profit Rises To RM524.75 Mln In FY2024, Declares 10 Sen DPU

KUALA LUMPUR, Feb 3 (Bernama) -- Sunway Reit Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), saw its net profit surging to RM524.75 million for the financial year ended Dec 31, 2024 (FY2024) from RM338.19 million a year earlier.

Awantec Sells Office Building For RM25 Mln In Asset Rationalisation

KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.