ACE Market-bound Crest Group Aims To Raise RM45.75 Mln From IPO
KUALA LUMPUR, Sept 18 (Bernama) -- Crest Group Bhd, en route to its listing on the ACE Market of Bursa Malaysia, aims to raise RM45.75 million from its initial public offering (IPO).
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Gentrification Of Islamic Finance - More Than Just Shariah Compliance
LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.
Budget 2025: BIMB Securities Expects Malaysia's Fiscal Deficit To Be Lower At 3.5 Pct
KUALA LUMPUR, Sept 18 (Bernama) -- BIMB Securities Sdn Bhd foresees a lower fiscal deficit of 3.5 per cent in line with the 12th Malaysia Plan Mid-term Review (12MP MTR) for Budget 2025.
HLIB : Malaysia In Strong Position Amid US Election Uncertainty
KUALA LUMPUR, Sept 18 (Bernama) -- Hong Leong Investment Bank (HLIB) Bhd believes that Malaysia’s neutral geopolitical stance places it in a stronger position to manage potential external policy shifts that may arise in the United States (US) after its Nov 5 elections.
Airbus Expansion In Malaysia Offers Promising Avenue For Green Aviation
KUALA LUMPUR, Sept 18 (Bernama) -- Airbus’ focus on sustainability presents a promising avenue for Malaysia to contribute to the future of green aviation as the aircraft manufacturer is set to expand its operations and sourcing in Malaysia, said Malaysia’s Ambassador to France, Datuk Eldeen Husaini Mohd Hashim.
CAAM Must Strengthen Capabilities To Tackle Global Aviation Challenges - Hasbi
KUALA LUMPUR, Sept 18 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) must continuously enhance its capabilities to improve safety, security, and capacity, ensuring it can meet emerging regional and global challenges.
Al'ard Marks A Decade In Malaysia, Contributing RM50 Mln To Palestine
KUALA LUMPUR, Sept 17 (Bernama) -- Al'Ard, a Palestinian olive oil-based health product brand has made history with its achievement of sending RM50 million to Palestine during its 10 years of operation in Malaysia.
Perak Aims To Become Major Global Halal Gelatine Industry Player
IPOH, Sept 17 (Bernama) -- The Perak state government, through the Perak State Agricultural Development Corporation (Perak SADC), has signed a joint venture (JV) agreement with Pakistani halal gelatine manufacturer Leiner Gelatine Sdn Bhd to grow the state’s halal gelatine industry.
Malaysia’s ASEAN Chairmanship To Enhance Trade With ASEAN Plus : MATRADE
KUALA LUMPUR, Sept 17 (Bernama) -- Malaysia’s ASEAN chairmanship next year presents an excellent opportunity for the country to expand and strengthen trade relations, not only with ASEAN members but also with neighbouring ASEAN Plus countries, according to the Malaysia External Trade Development Corporation (MATRADE).
Taiwan’s Non-life Insurance Segment Outlook Revised To Stable - AM Best
KUALA LUMPUR, Sept 17 (Bernama) -- Global credit rating agency, AM Best has revised its outlook on Taiwan’s non-life insurance segment to stable from negative, citing a recovery of capital strength among carriers in 2023 following sizeable pandemic-related losses in the previous year.
SCF Acquires Newpark Resources' Fluids Systems Business
KUALA LUMPUR, Sept 17 (Bernama) -- SCF Partners Inc (SCF) has acquired the Newpark Fluids Systems business (NFS), a global pure-play oil and gas and geothermal fluids solution provider, from Newpark Resources Inc.
Akur8 Raises US$120 Mln To Boost Next Generation Actuarial Platform Growth
KUALA LUMPUR, Sept 17 (Bernama) -- Akur8, the machine learning-powered insurance pricing and reserving platform, has secured US$120 million in series C funding, which will significantly bolster the company’s ability to expand its product portfolio and fuel its growth in key global markets.