CPOPC Welcomes Papua New Guinea As Its Fourth Member Country
KUALA LUMPUR, Jan 2 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) has welcomed Papua New Guinea as its fourth member country, according to a statement from the CPOPC.
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LYC Healthcare Targets Nasdaq Listing For Cayman Unit
KUALA LUMPUR, Dec 31 (Bernama) -- LYC Healthcare Bhd (LYC) has announced plans to list its subsidiary, LYC Healthcare (Cayman) Ltd (LYC Cayman), on the Nasdaq Capital Market.
Permaju Proposes RM258 Mln Capital Reduction
KUALA LUMPUR, Dec 31 (Bernama) -- Permaju Industries Bhd has proposed a capital reduction of up to RM258 million via the cancellation of its issued share capital “which is lost and unrepresented by available assets.”
Capital A To Exit PN17 Status By 1Q 2025 -- Fernandes
SEPANG, Dec 23 (Bernama) -- Capital A Bhd is expected to exit Practice Note 17 (PN17) status by the first quarter of next year after submitting its proposed regularisation plan to Bursa Malaysia Securities Bhd today.
Jiangsu Completes Key Winter Peak Load Projects, Boosting 2024 Power Supply
KUALA LUMPUR, Dec 23 (Bernama) -- The capacity expansion project of the main transformer at the 500-kilovolt (kV) Shangdang Substation in Zhenjiang, Jiangsu Province, was officially put into operation on Dec 16.
IFC, Consortium Commit Over US$900 Mln In Financing To Data Centre In Malaysia – World Bank
KUALA LUMPUR, Dec 23 (Bernama) -- The International Finance Corporation (IFC) and a consortium of six international financial institutions have committed more than US$900 million (US$1 = RM4.50) in financing to Yondr Group’s hyperscale data-centre campus in Malaysia, said the World Bank Group.
Lotus Circular To Acquires Earthwise, Expert For RM100 Mln
KUALA LUMPUR, Dec 19 (Bernama) -- Lotus Circular Bhd (LCB) has proposed to acquire the entire equity interest in Earthwise Resources Sdn Bhd and the entire equity interest in Expert Resource Management Sdn Bhd for a total purchase consideration of RM100 million.
5G Remains The Focus For Telco In 2024
By Anas Abu Hassan
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia's telecommunications industry has seen quite an eventful year in 2024 as the country progresses toward deploying its second 5G network.
MRL, CCCECRL Jointly Operate And Maintain ECRL Project
PUTRAJAYA, Dec 18 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction (ECRL) Sdn Bhd (CCCECRL) today created an operating company (OpCo) with a 50:50 interest ratio for the purpose of operating and maintaining the East Coast Rail Link (ECRL) project.
Key Projects Make Rapid Progress, Changing Malaysia’s Transportation Landscape
KUALA LUMPUR, Dec 18 (Bernama) – Malaysia’s infrastructure landscape is undergoing significant changes, with major transportation projects driving greater connectivity and growth while transforming the skyline of cities and townships in an unprecedented manner.
OFS-SIDREC Merger Is In Final Process Of Completion
KUALA LUMPUR, Dec 2 (Bernama) -- The Ombudsman for Financial Services (OFS) and Securities Industry Dispute Resolution Centre (SIDREC) are in the final process of merger completion towards the full operation of the Financial Markets Ombudsman Service (FMOS) by 2025, according to Deputy Finance Minister Lim Hui Ying.
EMGA Secures US$30 Mln Debt Financing For Uzbekistan’s Ipak Yuli Bank
KUALA LUMPUR, Dec 2 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has completed its first transaction for Ipak Yuli Bank in Uzbekistan, securing US$30 million from the OPEC Fund for International Development (OPEC Fund). (US$1=RM4.44)