Petronas Gas Gets Tax Exemption From MOF For Reorganisation

KUALA LUMPUR, Oct 1 (Bernama) – Petronas Gas Bhd (PGB) has received approval from the Ministry of Finance (MOF) for a tax exemption related to its internal reorganisation plan.

DGB Asia Proposes RM197 Mln Capital Reduction

KUALA LUMPUR, Sept 29 (Bernama) -- DGB Asia Bhd, a software and engineering solutions company, proposes to undertake a capital reduction exercise via the cancellation of its issued share capital, which is lost and unrepresented by available assets of RM197 million.

AM Best Assigns Excellent Ratings To Samsung P/C China

KUALA LUMPUR, Sept 29 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to Samsung Property & Casualty Insurance Company (China) Ltd (Samsung P/C China). The outlook for both credit ratings (ratings) is stable.

Mesiniaga Bags RM135.58 Mln MOF Contract To Provide Product Marking Tech

KUALA LUMPUR, Sept 29 (Bernama) -- Mesiniaga Bhd has secured a RM135.58 million contract from the Finance Ministry, excluding government sales and service tax, to provide marking technology, system development services and comprehensive hardware.

eXp Realty Offers Flexibility To Agent With Expansion Into South Korea

KUALA LUMPUR, Sept 26 (Bernama) -- Independent real estate brokerage, eXp Realty has officially entered into South Korea, marking its fifth international launch of 2025 and second in Asia after Japan.

Bursa Malaysia Starts Lower, Tracking Wall Street Decline

KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia opened weaker on Friday, tracking Wall Street’s decline, as valuation concerns outweighed strong economic data despite the United States (US) gross domestic product growth hitting a two-year high.

Astro Net Profit Slips To RM16.39 Mln In 2Q 2026

KUALA LUMPUR, Sept 25 (Bernama) -- Astro Malaysia Holdings Bhd’s net profit slipped to RM16.39 million in the second quarter ended July 31, 2025 (2Q 2026), from RM54.71 million in the same quarter a year earlier.

TXCD Unit Wins RM11.24 Mln Sub-contract From RCCT

KUALA LUMPUR, Sept 25 (Bernama) -- TXCD Bhd said its indirect wholly owned unit, Ageson Kensetsu Sdn Bhd, has accepted a letter of award (LOA) from R & C Cergas Teguh Sdn Bhd (RCCT) to undertake sub-contract works worth RM11.24 million.

Kathmandu Riots Deal Blow To Nepal’s Insurance Sector

KUALA LUMPUR, Sept 25 (Bernama) -- Insured losses from the recent “Gen Z” protests in Kathmandu are mounting, posing a significant threat to Nepal’s already fragile non-life insurance market, according to a new AM Best commentary.

FBM KLCI Ends Marginally Lower As Investors Pivot To Small Cap Stocks

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 24 (Bernama) -- The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) closed marginally lower on Wednesday as investors shifted their attention to smaller-cap stocks.

Bursa Malaysia Opens Slightly Lower, Tracks Wall Street

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, following Wall Street’s decline as investors digested comments from US Federal Reserve chairman Jerome Powell suggesting US equities may be overvalued.

JF Tech Subsidiary Invests US$1.3 Mln In US Semiconductor Venture To Boost Market Presence

KUALA LUMPUR, Sept 23 (Bernama) -- JF Technology Bhd’s (JF Tech) 75 per cent-owned indirect subsidiary, ATS Technology Services Sdn Bhd (ATSSB), has entered into a shareholders' agreement to acquire a 13 per cent stake in California-based ATS Technology Services Inc (ATSI) for US$1.3 million (RM5.46 million).