15d ago
KUALA LUMPUR, June 3 (Bernama) -- The Fortegra Group Inc (Fortegra), a global speciality insurance company, has completed its acquisition by South Korea's DB Insurance Co Ltd (DB), a leading property and casualty insurer.
20d ago
KUALA LUMPUR, May 29 (Bernama) -- Global credit rating agency, AM Best has placed under review with developing implications the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re).
21d ago
KUALA LUMPUR, May 28 (Bernama) -- IOI Properties Group Bhd’s net profit jumped 3.39 times year-on-year to RM258.11 million in the third quarter ended March 31, 2026, for the current financial year (3Q FY2026) from RM76.13 million in the same period last year.
21d ago
KUALA LUMPUR, May 28 (Bernama) -- All In FutureTech Alliance Inc (AIFA) announced it has filed a Current Report on Form 8-K with the United States Securities and Exchange Commission providing supplemental information on its previously announced plan to acquire HyalRoute Fiber Optic Group (HyalRoute) at US$10.00 per share. (US$1 = RM3.96)
21d ago
KUALA LUMPUR, May 28 (Bernama) -- Mevion Medical Systems has signed a definitive purchase agreement with Tam Anh General Hospital to supply the MEVION S250-FIT Proton Therapy System, marking what is expected to become Vietnam’s first proton therapy system.
23d ago
KUALA LUMPUR, May 26 (Bernama) -- Malaysia’s total trade with its major trading partners reached a record high of RM1.127 trillion from January to April 2026, surpassing the RM1 trillion mark within the first four months of the year.
24d ago
KUALA LUMPUR, May 25 (Bernama) -- Petronas announced today that its subsidiary, Petronas Refinery and Petrochemical Corporation Sdn Bhd, is set to acquire the stake held by Saudi Arabian Oil Company (Aramco) in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor.
24d ago
KUALA LUMPUR, May 25 (Bernama) -- All In FutureTech Alliance Inc (AIFA) announced plans to acquire a 57.67 per cent controlling stake in HyalRoute Fiber-Optic Communication Group (HyalRoute) in a transaction valued at about US$2.31 billion. (US$1=RM3.96)
27d ago
KUALA LUMPUR, May 22 (Bernama) -- Hektar Real Estate Investment Trust (Hektar REIT) has proposed to acquire the leasehold interest in 2.43 hectares in Setapak, Kuala Lumpur, together with a private school known as KYS KL East International School (KYSKLEIS) on it, for a purchase consideration of RM125 million.
28d ago
KUALA LUMPUR, May 21 (Bernama) -- Audiencerate Ltd, a data activation specialist, has appointed Riccardo Fabbri as Chief Technology Officer (CTO) to lead the company’s artificial intelligence (AI)-driven expansion initiatives.
28d ago
KUALA LUMPUR, May 21 (Bernama) -- Marquee Brands, the premier global brand management company, has announced a definitive agreement to acquire a majority interest in Roberto Cavalli through a strategic partnership with Dubai-based DAMAC Group.
30d ago
KUALA LUMPUR, May 19 (Bernama) -- Lendlease Global Commercial REIT (Lendlease REIT) completed the acquisition of the remaining 30 per cent interest in PLQ Mall on March 26, 2026, achieving full ownership of the Singapore retail asset as it undertakes enhancement works aimed at improving space utilisation and rental income.