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Deleum Acquires 70 Pct Stake In Indonesia’s PT OSA For RM31.3 Mln

KUALA LUMPUR, Dec 5 (Bernama) -- Deleum Bhd’s (Deleum) wholly-owned subsidiary, Deleum Services Sdn Bhd, today has signed a share purchase agreement to acquire a 70 per cent stake in PT OSA Industries Indonesia Pte Ltd (PT OSA) for US$7 million (RM31.3 million).

ASEAN SEOM Retreat To Understand Outstanding Issues From Previous ASEAN Chairmanship

KOTA KINABALU, Dec 4 (Bernama) -- The two-day ASEAN Senior Economic Officials Meeting (SEOM) Retreat 2025, which ends tomorrow, is a vital preparatory meeting aimed at updating outstanding issues from the previous ASEAN chairmanship.

DSR Taiko To elevate Malaysia’s Durian Industry With Certification And Quality

SHAH ALAM, Dec 4 (Bernama) -- DSR Taiko Bhd, a trailblazer in Malaysia's durian industry, is strategically positioning itself to expand its global footprint, focusing on value-added products to meet growing international demand.

Capitaland Malaysia Trust To Acquire Elmina Logistics Hub For RM180 Mln

KUALA LUMPUR, Dec 2 (Bernama) -- CapitaLand Malaysia Trust (CLMT) has signed an agreement to acquire a freehold automated logistics property from PTT Logistics Hub 1 Sdn Bhd for RM180 million.

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)

Gold Futures To Hover In Narrow Range Next Week

KUALA LUMPUR, Nov 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to hover within a narrow range next week within its current price, said SPI Asset Management managing director Stephen Innes.

Wasco Records Net Profit Of RM25.02 Mln In 3q

KUALA LUMPUR, Nov 28 (Bernama) -- Wasco Bhd recorded a net profit of RM25.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared with RM27.41 million posted in the same quarter last year.

Grab Malaysia's #SisBolehKuasaiKewangan Programme Boosts Women's Financial Literacy

KUALA LUMPUR, Nov 28 (Bernama) -- The #SisBolehKuasaiKewangan programme by Grab Malaysia aims at enhancing financial literacy among Grab’s women partners, helping them better manage their finances.

IHH Healthcare Posts Higher Net Profit Of RM534.0 Mln In 3Q

KUALA LUMPUR, Nov 28 (Bernama) -- IHH Healthcare Bhd's net profit grew to RM534.0 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM532.0 million in the same period last year, buoyed by sustained demand for quality healthcare services and growth in revenue intensity.

CIMB Posts Higher Net Profit Of RM2.03 Bln In 3Q

KUALA LUMPUR, Nov 28 (Bernama) -- CIMB Group Holdings Bhd posted a higher net profit of RM2.03 billion in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM1.85 billion in the same period last year.

Tropicana Corp's 3Q Net Loss Surges To RM454.93 Mln

KUALA LUMPUR, Nov 27 (Bernama) -- Tropicana Corporation Bhd’s net loss surged to RM454.93 million in the third quarter (3Q) ended Sept 30, 2024, from RM10.34 million net loss recorded in the same period last year.

Finance Ministry Registers MISB, OFS As New Credit Reporting Agencies

KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Finance (MoF) has decided to register MYDATA Informatica Sdn Bhd (MISB) and One Future Solutions Sdn Bhd (OFS) as new credit reporting agencies (CRAs) under Section 14 of the Credit Reporting Agencies Act 2010 [Act 710].