TechStore Eyes RM25 Mln From IPO To Drive Expansion

KUALA LUMPUR, Jan 22 (Bernama) -- Enterprise IT services provider TechStore Bhd aims to raise RM25 million from its initial public offering (IPO) en route to an ACE Market listing on Feb 18, 2025.

ACE Market-bound RichTech Aims To Raise RM13.67 Mln From IPO

KUALA LUMPUR, Jan 21 (Bernama) -- Electronic reloads distributor and bill payment service provider RichTech Digital Bhd, which is en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM13.67 million through its initial public offering (IPO).

Perodua, UTM Tie Up To Develop Next-generation Electric Vehicles

KUALA LUMPUR, Jan 20 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) and Universiti Teknologi Malaysia (UTM) have signed a memorandum of understanding (MoU) to collaborate on the development of next-generation electric vehicles (xEV).

Salary Hike A Boon For Retail, Travel Sectors

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.

MAHB Shares Rise After Trading Halt On Takeover Offer News

KUALA LUMPUR, Jan 20 (Bernama) -- Trading in Malaysia Airports Holdings Bhd (MAHB) shares, halted at 9 am, resumed an hour later, with the shares performing positively.  

Power International Holding Secures Full Ownership Of MTS From Kazakhtelecom

KUALA LUMPUR, Jan 17 (Bernama) -- Power International Holding (PIH), a globally recognised Qatari-based conglomerate, has officially completed the acquisition of Mobile Telecom-Service LLP (MTS) from Kazakhtelecom JSC, securing full ownership of the company.

PM Anwar Visits Battersea Power Station, Malaysia’s Iconic And Largest Investment In UK

From D.Arul Rajoo

LONDON, Jan 16 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today visited the Battersea Power Station, which is Malaysia's largest investment involving public funds in Europe.

Bursa Malaysia Approves Bintai Kinden Regularisation Plan

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia Securities Bhd has approved Bintai Kinden Corporation Bhd’s proposed regularisation plan, a significant milestone in its journey towards financial recovery and exit its Practice Note 17 (PN17) status.

Wolters Kluwer Study: AI's Role In Shaping The Future Of Tax & Accounting Industry

KUALA LUMPUR, Jan 15 (Bernama) -- Wolters Kluwer Tax and Accounting (TAA) has unveiled its inaugural global study titled Future Ready Accountant, offering a comprehensive analysis of the evolving tax and accounting industry.

EPF's Investment In MAHB To Support Dividend Payouts

KUALA LUMPUR, Jan 15 (Bernama) -- The Employees Provident Fund's (EPF) investment decisions, including the trading of Malaysia Airports Holdings Bhd’s (MAHB) shares, align with its broader investment objectives and are aimed at generating income required for dividend payments during the financial year.

Oriental Kopi IPO Oversubscribed 60 Times Ahead Of ACE Market Debut

KUALA LUMPUR, Jan 14 (Bernama) -- Food and beverage (F&B) chain operator Oriental Kopi Holdings Bhd’s initial public offering (IPO) has been oversubscribed by approximately 60 times.  

ADIA To Play Crucial Role In MAHB Transformation - Tengku Zafrul

KUALA LUMPUR, Jan 13 (Bernama) -- The Abu Dhabi Investment Authority (ADIA) will play a crucial role in the transformation and execution of Malaysia Airports Holdings Bhd's (MAHB) privatisation deal, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.