KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.
KUCHING, Feb 12 (Bernama) -- The Sarawak government, which today formalised its acquisition of MASwings through the signing of a sale and purchase agreement with Malaysia Aviation Group (MAG), has named the state’s new airline AirBorneo.
KUALA LUMPUR, Feb 12 (Bernama) -- Global cybersecurity provider Bitdefender has acquired a key division of BitShield Data Defense Sdn Bhd, responsible for distributing Bitdefender solutions in Malaysia and Brunei.
KUCHING, Feb 7 (Bernama) -- Sarawak government’s acquisition of MASwings Sdn Bhd, a subsidiary of Malaysia Aviation Group, is set to be finalised through the signing of a sale and purchase agreement on Wednesday next week (Feb 12).
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)
KUALA LUMPUR, Feb 7 (Bernama) -- Kinergy Advancement Bhd (KAB) is venturing into the Independent Power Producer (IPP) sector with the acquisition of a 47.5 per cent stake in Jati Cakerawala Sdn Bhd, a wholly-owned subsidiary of Pesaka Ventures Sdn Bhd (PVSB), for RM35 million.
KUALA LUMPUR, Feb 7 (Bernama) -- IHH Healthcare Bhd’s share price on Bursa Malaysia edged higher in early trading after its unit Northern TK Venture Pte Ltd (NTK) sought compensation from Japan’s Daiichi Sankyo Company Ltd for its stake acquisition in India’s Fortis Healthcare.
KUALA LUMPUR, Feb 5 (Bernama) -- CapitaLand Malaysia Trust (CLMT) has signed an agreement to acquire three freehold industrial properties in Johor from Gromutual Bhd subsidiary, Rainbow Entity Sdn Bhd (RESB), for RM72 million cash.
KUALA LUMPUR, Feb 3 (Bernama) -- KJTS Group Bhd has proposed to acquire Malakoff Utilities Sdn Bhd (MUSB), a subsidiary of Malakoff Corporation Bhd, for RM65.5 million in cash.
KUALA LUMPUR, Feb 3 (Bernama) -- Sunway Reit Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), saw its net profit surging to RM524.75 million for the financial year ended Dec 31, 2024 (FY2024) from RM338.19 million a year earlier.
KUALA LUMPUR, Jan 31 (Bernama) -- Malakoff Corporation Bhd has completed its acquisition of ZEC Solar Sdn Bhd and TJZ Suria Sdn Bhd.
KUALA LUMPUR, Jan 31 (Bernama) -- Citaglobal Bhd, through wholly-owned subsidiary Sinergi Dayang Sdn Bhd, is acquiring a piece of land measuring 6,410 sq metres (0.63 hectare) at Jalan Tun Razak, Kuala Lumpur, for RM73 million.
