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Eco World Shares Rise In Early Trade After Land Disposal

KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd’s shares on Bursa Malaysia rose in early trade after disposing of its 56.06 hectares of freehold land in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.

Bursa Malaysia Reprimands Waja Konsortium, Fines Two Directors RM100,000 Each

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Waja Konsortium Bhd and two of its director, Peh Lian Hwa and Peh Jia Yau, as well as imposed a fine of RM100,000 on each director.

Perak Corp Signs Supplemental Agreement To Amend JDA With Urbax

KUALA LUMPUR, Feb 14 (Bernama) -- Perak Corporation Bhd (Perak Corp) has signed a Supplemental Agreement with Urbax Properties Sdn Bhd to amend the terms of their Joint Development Agreement (JDA) dated June 7, 2024.

Sunway's RM2.6 Bln Deal Near RTS Link Lifts Shares - HLIB

KUALA LUMPUR, Feb 14 (Bernama) -- Sunway Bhd’s shares rose as a proposed project with a gross development value (GDV) exceeding RM2.6 billion near the Johor Bahru-Singapore Rapid Transit System (RTS) Link station boosts growth prospects.

Dialog Posts RM129 Mln Net Loss In Second Quarter Due To One-off Impairment, Cost Overruns

KUALA LUMPUR, Feb 13 (Bernama) -- Dialog Group Bhd recorded a net loss of RM129.49 million in the second quarter ended Dec 31, 2024, compared to a net profit of RM148.288 million in the corresponding period in 2023.

Special Dividend Likely, Given MPI's Strong Net Cash Position - CIMB Securities

KUALA LUMPUR, Feb 13 (Bernama) -- CIMB Securities Sdn Bhd forecasts the Malaysian Pacific Industries Bhd (MPI) to issue a potential special dividend, given its strong net cash position of RM991 million as of September 2024.

LuMIC: A 25-year Vision To Boost Perak’s Economy, Strengthen Malaysia’s Port Sector

LUMUT, Feb 10 (Bernama) -- The Lumut Maritime Industrial City (LuMIC), designed for development over 25 years, is seen not only as a catalyst for the long-term economic growth of Perak but also as a complement to the country’s port sector.

Salience Labs Raises US$30 Mln In Series A To Advance Optical Switches For AI Data Centres

KUALA LUMPUR, Feb 7 (Bernama) -- Salience Labs Limited, a leader in photonic solutions for artificial intelligence (AI) data centre infrastructure, has secured US$30 million in Series A funding. (US$1=RM4.42)

Zenas BioPharma Targets Key 2025 Milestones For Obexelimab In Autoimmune Diseases

KUALA LUMPUR, Feb 6 (Bernama) -- Zenas BioPharma Inc (Zenas), a clinical-stage global biopharmaceutical company, has outlined its significant achievements in 2024 and set key business objectives for 2025.

Gamuda’s Order Book Set To Rise 11 Pct with Sungai Perak Water Project

KUALA LUMPUR, Feb 6 (Bernama) -- Gamuda Bhd’s participation in the Sungai Perak Raw Water Transfer Scheme (SPRWTS) development project could potentially bump up Gamuda’s outstanding order book by about 11 per cent to RM41.1 billion.

PKNPk, Gamuda In Pact To Address Critical Water Shortages In Northern Perak

KUALA LUMPUR, Feb 5 (Bernama) -- Perbadanan Kemajuan Negeri Perak (PKNPk) and Gamuda Bhd have signed an exclusive arrangement with the intent to develop an infrastructure to address critical water shortages in Northern Perak.

Command Alkon Unveils Next-generation Platform For APAC Market 

KUALA LUMPUR, Feb 5 (Bernama) -- Command Alkon, a software and solutions provider for the heavy building materials industry, has introduced its next-generation platform, Command Cloud, to the Asia Pacific (APAC) market.