Samaiden Signs Long-Term Lease For Solar Project In Kelantan

KUALA LUMPUR, May 28 (Bernama)— Samaiden Group Bhd’s (Samaiden) wholly-owned unit, Samaiden Legasi Timur Sdn Bhd (SLTSB), has signed a long-term lease agreement with Perbadanan Kemajuan Iktisad Negeri Kelantan (PKINK) for the development of a large-scale solar photovoltaic (LSS) power plant under Malaysia’s LSS5 programme.

Genting Plantations Posts Higher 1Q Net Profit Of RM61.25 Mln

KUALA LUMPUR, May 28 (Bernama) -- Genting Plantations Bhd posted a higher net profit of RM61.25 million in the first quarter ended March 31, 2025 (1Q 2025) compared to RM42.83 million in the same period last year.

Gold Futures End Lower On Stronger US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, May 27 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Tuesday due to a stronger United States (US) dollar, said an analyst.

Sentral REIT To Acquire Arcoris Plaza's Assets For RM70 Mln

KUALA LUMPUR, May 27 (Bernama) -- Sentral Real Estate Investment Trust (REIT) Management Sdn Bhd has inked a conditional sale and purchase agreement (SPA) to acquire UEM Sunrise Bhd's asset at Arcoris Plaza Development here for RM70 million.

FGV Pauses Trading, ICT Zone's ACE Transfer On June 3 - Bursa

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia Securities Bhd has approved FGV Holdings Bhd’s request for suspension in the trading of its shares with effect Monday, May 26 from 9 am to 5 pm, pending the release of a material announcement.

US Tariffs Could Cost Malaysia Up To 4 Pct Of Solar Panel Export Value

KUALA LUMPUR, May 25 (Bernama) --  Malaysia could lose up to four per cent of the export value of its solar panels if the United States (US) proceeds with its proposed tariffs on solar panel product imports, according to industry observers. 

UDA Offers 422 Property Units To Strengthen Southern Market Presence

KUALA LUMPUR, May 24 (Bernama) -- Leading property developer and asset manager UDA Holdings Bhd (UDA) is reinforcing its presence in Johor with the launch of 422 property units, targeting a broad demographic in a move to boost urban homeownership.

Mutiara Perlis Invests RM17 Mln In Kalmar Equipment To Boost Inland Port Capacity

KUALA LUMPUR, May 21 (Bernama) -- Mutiara Perlis Sdn Bhd is investing RM17 million to acquire 15 Kalmar container handlers for the Perlis Inland Port (PIP) via its partner, Mach 1 Group.

Public Bank Falls In Early Trade

KUALA LUMPUR, May 22 (Bernama) -- Share prices of Public Bank Bhd declined by 2.48 per cent despite recording strong financial performance in the first quarter ended March 31, 2025 (1Q 2025).

Raffcomm Eyes RM60 Mln Revenue From SSM e-Info This Year

KUALA LUMPUR, May 21 (Bernama) -- Raffcomm Technologies Sdn Bhd (Rafftech) aims to achieve RM60 million in revenue from the Companies Commission of Malaysia’s (SSM) e-Info services by the end of this year.

Public Bank Posts Higher Net Profit Of RM1.75 Bln In 1Q

KUALA LUMPUR, May 21 (Bernama) -- Public Bank Bhd reported a higher net profit of RM1.75 billion in the first quarter ended March 31, 2025 (1Q 2025) compared with RM1.65 billion in the same period last year.

IMM Investment Secures Hamilton Lane Backing In Landmark Asia Secondary Deal

KUALA LUMPUR, May 20 (Bernama) -- IMM Investment, a prominent Korean asset manager, and Hamilton Lane, a global private markets firm, announced the completion of a strategic secondary transaction involving the IMM Infra 8th Private Equity Fund.