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Japanese Companies Keen On Decarbonisation Projects In Malaysia

KUALA LUMPUR, March 30 (Bernama) -- Japanese companies are keen to participate in advanced sustainable development in Malaysia’s decarbonisation initiatives, said Japan External Trade Organisation (Jetro) Kuala Lumpur.

Consistent Savings Simplify Hajj Planning

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 28 (Bernama) -- The recent announcement of Lembaga Tabung Haji’s (TH) 2024 profit distribution has brought joy to depositors, especially with Hari Raya Aidilfitri approaching.

Muhibbah Unit Acquires 12.52 Mln Shares Of Master-pack Group for RM54.65 Mln 

KUALA LUMPUR, March 27 (Bernama) -- Muhibbah Engineering (M) Bhd’s (MEB) wholly-owned subsidiary, ITS Konsortium Sdn Bhd (ITSK), has acquired 12.52 million ordinary shares in Master-Pack Group Bhd (MPGB) for RM54.65 million. 

ASNB Declares Income Distribution Payout Of RM2.18 Bln For FY2025

KUALA LUMPUR, March 27 -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), distributed a total income distribution payout of RM2.18 billion for the financial year ending March 31, 2025 (FY2025).

AmBank Earnings To Stay Strong, Dividend Payout May Exceed 40 Pct - PIVB

KUALA LUMPUR, March 27 (Bernama) -- AMMB Holdings Bhd (AmBank Group) is expected to sustain strong earnings growth quarter-on-quarter, driven by robust loan expansion and lower operating expenses following the absence of a bonus provision, Public Investment Bank Bhd (PIVB) said.

LTAT Declares 5.25 Pct Distribution, RM514.2 Mln, A 7-year High

KUALA LUMPUR, March 27 (Bernama) -- The Armed Forces Fund Board (LTAT) has announced a 5.25 per cent total payout for 2024, comprising a five per cent dividend and a 0.25 per cent bonus, its highest in seven years.  

Gamuda Hits All-time High RM36 Bln Order Book In 2Q FY2025, Four-year Record Streak

KUALA LUMPUR, March 26 (Bernama) -- Gamuda Bhd has achieved an all-time high in its construction order book, recording RM36 billion for the second quarter of the financial year ending Jan 31, 2025 (2Q FY2025), breaking records for four consecutive years.

Velesto Proposes RM1.2 Bln capital Reduction To Strengthen Finances

KUALA LUMPUR, March 25 (Bernama) -- Velesto Energy Bhd has proposed a capital reduction of RM1.2 billion, which will be credited to the retained earnings or to set off against any accumulated losses of the company.

Astro Net Profit Surges Over Threefold To RM129.15 Mln In FY2025

KUALA LUMPUR, March 25 (Bernama) -- Astro Malaysia Holdings Bhd’s net profit for the financial year ended Jan 31, 2025 (FY2025) surged over threefold to RM129.15 million from RM36.88 million in the previous year. 

Seize EM Opportunity With Reforms, Investment Push - Maybank IB

KUALA LUMPUR, March 25 (Bernama) -- Malaysia should seize the opportunity to differentiate itself positively in political and policy stability among emerging markets (EMs) by accelerating foreign and domestic direct investment, leveraging a broadly favourable global backdrop.  

BNM Assets Drop To RM621.54 Bln In 2024, Dividend To Govt Totals RM5.25 Bln

KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia’s (BNM) total assets as at Dec 31, 2024 decreased 1.61 per cent to RM621.54 billion from RM631.74 billion in the previous year, with international reserves continuing to account for the bulk of assets at 84 per cent (2023: 82 per cent).

Alliance Bank On Right Track Scaling Up Operations

KUALA LUMPUR, March 24 (Bernama) -- Alliance Bank Malaysia Bhd (ABMB) is on the right track to scale up operations following its proposal to undertake a rights issue to raise RM600 million to boost its diminishing common equity tier-1 (CET-1) of 12.4 per cent by +1.1 percentage points (ppts), CIMB Securities Sdn Bhd.