Petronas Dagangan Share Price Surges On Strong 3q Net Profit
KUALA LUMPUR, Nov 26 (Bernama) -- Petronas Dagangan Bhd's shares climbed nearly five per cent following a strong surge in net profit announced yesterday.
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Petronas Dagangan's 3Q Net Profit Almost Doubles On Strong Margins
KUALA LUMPUR, Nov 25 (Bernama) -- Petronas Dagangan Bhd (PetDag) almost doubled its net profit in the third quarter ended Sept 30, 2024 (3Q24) to RM335.13 million against RM184.72 million in the same period of 2023, thanks to strong margins negated by elevated operating expenditure in line with increased activities.
Sarawak Set To Finalise MASwings Acquisition By Next Month - Abang Johari
KUCHING, Nov 24 (Bernama) -- Sarawak is set to finalise the sale and purchase agreement for MASwings, a subsidiary regional airline of Malaysia Aviation Group (MAG), by next month, said Premier Tan Sri Abang Johari Tun Openg.
Bursa Malaysia Stays In Positive Zone At Midday In Sync With Regional Peers
KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday on continued buying in selected heavyweights, particularly utilities and industrial products and services counters, in sync with the mostly higher regional market performance.
Penang Welcomes HK Express’ Inaugural Flight From Hong Kong
GEORGE TOWN, Nov 22 (Bernama) -- Penang today welcomed Hong Kong Express’ (HK Express) inaugural direct flight from Hong Kong, marking a milestone in the state’s tourism development.
Bursa Malaysia Opens Lower Amid Wall Street's Mixed Performance
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index opened lower today amid Wall Street’s mixed performance overnight while US futures were marginally lower following Nvidia’s announcement which showed that its revenue forecast fell short of expectations, suggesting that its rapid growth may be nearing its limits.
Airbus Helicopters Eyes Growth In Malaysia, Asia-Pacific Amid Rising EMS Demand
SUBANG JAYA, Nov 19 (Bernama) -- Airbus Helicopters is optimistic about its growth in Malaysia and the Asia-Pacific region through 2025, driven by rising demand in both civil and military sectors, particularly for emergency medical services (EMS), as the region’s economic development and security needs expand.
AV AirFinance To Strengthen Global Airline Relations With Executive Appointment
KUALA LUMPUR, Nov 18 (Bernama) -- AV AirFinance Limited (AV AirFinance), a global commercial aviation loan servicer, has appointed Jonathan O’Dowd as Senior Vice President, Investments.
Bermuda’s Evergreen Insurance Credit Ratings Downgraded - AM Best
KUALA LUMPUR, Nov 18 (Bernama) -- AM Best has downgraded the financial strength rating to A- (excellent) from A (excellent) and the long-term issuer credit rating to “a-” (excellent) from “a” (excellent) of Bermuda’s Evergreen Insurance Company Limited (EICL).
AAX’s Maiden Flight To Nairobi Hits 90 Pct Passenger Load Factor
NAIROBI (Kenya), Nov 16 (Bernama) -- Long-haul low-cost carrier AirAsia X Bhd (AAX) has made its inaugural direct flight from Kuala Lumpur to Nairobi, Kenya on Nov 15, 2025, marking its first foray into East Africa with a nearly 90 per cent passenger load factor.
Malaysian-led Consortium Proposes RM18.4 Bln MAHB Buyout
KUALA LUMPUR, Nov 15 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (consortium) today announced plans to launch a conditional voluntary takeover offer for all remaining shares in Malaysia Airports Holdings Bhd (MAHB) at RM11 per share, valuing the equity at RM18.4 billion.
Capital A's MRO Arm Receives Vietnam's Civil Aviation Authority's Certification
PUTRAJAYA, Nov 12 (Bernama) -- Asia Digital Engineering (ADE), Capital A's maintenance, repair, and overhaul (MRO) arm, is expanding into Vietnam after receiving Vietnam’s Civil Aviation Authority’s approved maintenance organisation (AMO) certification.