10m ago
KUALA LUMPUR, April 22 (Bernama) -- Paradigm Real Estate Investment Trust (Paradigm REIT), a local real estate investment trust, has signed an underwriting agreement with three investment banks ahead of its proposed listing on the Main Market of Bursa Malaysia.
10m ago
By Karina Imran
KUALA LUMPUR, April 20 (Bernama) -- Malaysia Aviation Group (MAG) is exploring the possibility of accelerating its Boeing aircraft acquisition timeline, following delivery slots potentially vacated by Chinese carriers due to the ongoing United States (US)-China trade war.
11m ago
KUALA LUMPUR, April 17 (Bernama) -- Malaysia Aviation Group (MAG) has indicated that it has no plans to seek further capital injection from its main shareholder, Khazanah Nasional Bhd.
11m ago
KUALA LUMPUR, April 4 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) for Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.
11m ago
KUALA LUMPUR, March 21 (Bernama) -- AM Best, a global credit rating agency, has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook.
11m ago
KUALA LUMPUR, March 21 (Bernama) -- AM Best has affirmed Hanoi Reinsurance Joint-Stock Corporation’s (Hanoi Re) financial strength rating (FSR) of B++ (Good), the long-term issuer credit rating (Long-Term ICR) of “bbb” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional).
11m ago
KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.
11m ago
Assets under management (AUM) of the investment management industry continued its upward trajectory, reaching RM1.07 trillion as of Dec 31, 2024, up from RM975.48 billion in 2023.
1y ago
KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.
1y ago
PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.
1y ago
PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.
1y ago
PUTRAJAYA, March 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has emphasised that the RM1.1 billion injection into Sapura Energy Bhd (SEB) is a loan, not a sunk cost, and must be repaid.