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Dialog Halts Malic Acid Project In Pahang, Writes Off RM90.7 Mln in 2Q FY2025

KUALA LUMPUR, Feb 13 (Bernama) -- Dialog Group Bhd’s wholly owned subsidiary Dialog Malic Acid Sdn Bhd has discontinued its malic acid project in Gebeng, Pahang, with total capital expenditure incurred to date of RM90.7 million been written off in the second quarter ended Dec 31, 2024 (2Q FY2025).

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.

Malaysia’s Property Sector Resilient In 2025, Driven By Strong Demand And Key Catalysts – MIDF

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s property sector is expected to remain resilient in 2025, driven by sustained buying interest, a declining property overhang, and key catalysts such as the Johor-Singapore Special Economic Zone (JS-SEZ) and the Johor Bahru-Singapore Rapid Transit System (RTS), said a research house.

222 Bumiputera MSMEs Benefit From RM34.44 Million In BEEP Grants Up To Dec 2024 - MECD

KUALA LUMPUR, Feb 12 (Bernama) -- A total of 222 Bumiputera micro, small, and medium enterprises (MSMEs) have benefited from the Bumiputera Enterprise Enhancement Programme (BEEP) under SME Corporation Malaysia with grant approvals totalling RM34.44 million, up to December 2024.

MCHB's Unit To Dispose Of 15.64ha Land In Negeri Sembilan For RM90.91 Mln

KUALA LUMPUR, Feb 12 (Bernama) -- Matrix Concepts Holdings Bhd's (MCHB) 85 per cent-owned subsidiary, N9 Matrix Development Sdn Bhd, has entered into a sale and purchase agreement (SPA) to dispose of 15.64 hectares of land for RM90.91 million to Kuntum Kemuning Sdn Bhd (KKSB) in Labu, Negeri Sembilan.

MRCB’s 2025 Order Book To Expand By Between RM4 Bln And RM5 Bln - HLIB

KUALA LUMPUR, Feb 7 (Bernama) – Malaysian Resources Corporation Bhd’s 2025 order book is anticipated to expand by RM4 billion to RM5 billion due to delayed project spillover such as the Kuala Lumpur Sentral redevelopment, LRT3 variation orders, and the Shah Alam Stadium redevelopment.

ASEAN Economic Ministers To Endorse 18 Priority Economic Deliverables At Upcoming Retreat

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 6 (Bernama) -- ASEAN Economic Ministers (AEM) are set to endorse 18 Priority Economic Deliverables (PEDs) at the upcoming AEM’s Retreat in Johor at the end of February, aiming to drive regional economic integration, inclusivity, sustainability and digital trade.

Americhem's R&D Centre In India To Enhance Colour Development, Customer Support

KUALA LUMPUR, Feb 3 (Bernama) -- Americhem Inc has launched a new research and development (R&D) centre in Silvassa, India, located at Olive Industrial Park, to strengthen its service capabilities across India and Southeast Asia.

BNM Fines Ambank RM875,000 And WSMC RM51,000 For Regulatory Non-Compliance

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed a compound of RM875,000 on AmBank (M) Bhd on Nov 18, 2024, for failing to comply with the Direction to Financial Institutions of the Financial Services Act 2013 (FSA).

Kenanga IB Maintains 805,000 TIV Forecast In 2025 On Forward Buying Interest

KUALA LUMPUR, Jan 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained its 2025 total industry volume (TIV) forecast of 805,000 units for the automotive industry, supported by forward buying interest following the deferment of new excise duty regulations.

Bursa Malaysia Expects To List 60 IPOs In 2025, With RM40.2 Bln Market Capitalisation

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd is expecting to list 60 initial public offerings (IPOs) in 2025, with a total market capitalisation of RM40.2 billion.

LoopMe Expands APAC Operations With New Appointments, Office Openings

KUALA LUMPUR, Jan 24 (Bernama) -- LoopMe, an artificial intelligence (AI)-driven technology company, has announced continued expansion in the Asia Pacific (APAC) region after achieving a 40 per cent organic gross revenue compound annual growth rate (CAGR) from 2018 to 2024.