YNH Property To Dispose Of Aeon Mall Seri Manjung For RM138 Mln
KUALA LUMPUR, Jan 21 (Bernama) -- YNH Property Bhd’s wholly-owned subsidiaries, Kar Sin Bhd and YNH Hospitality Sdn Bhd, have disposed of Aeon Mall Seri Manjung for RM138.0 million.
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ACE Market-bound RichTech Aims To Raise RM13.67 Mln From IPO
KUALA LUMPUR, Jan 21 (Bernama) -- Electronic reloads distributor and bill payment service provider RichTech Digital Bhd, which is en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM13.67 million through its initial public offering (IPO).
Malaysia's Auto Industry Hits Record 816,747 Units In 2024
KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia’s automotive industry achieved a record Total Industry Volume (TIV) of 816,747 units in 2024, surpassing the 800,000-unit mark for the first time.
Scanwolf Corporation Receives Mandatory Take-over Offer
KUALA LUMPUR, Jan 20 (Bernama) -- Scanwolf Corporation Bhd has received a notice of conditional mandatory take-over offer from Maybank Investment Bank Bhd on behalf of the Mighty Alliance Sdn Bhd (MASB) (offeror) to acquire all the remaining ordinary shares not already owned by the offeror, joint ultimate offerors and persons acting in concert with them (PACs).
Gamuda's RM6.6 Bln London Wall Project Breaks Ground, Secures RM2.75 Bln Development Loan
KUALA LUMPUR, Jan 17 (Bernama) -- Gamuda Bhd and London-based real estate investor Castleforge marked the next stage in their £1.2 billion (RM6.6 billion) redevelopment of 75 London Wall in the City of London with a groundbreaking ceremony and the signing of one of London’s largest property development loan in recent years, valued at £500 million (RM2.75 billion).
Sime Darby Property Acquires Logistics Warehouses In Bandar Bukit Raja For RM232 Mln
KUALA LUMPUR, Jan 10 (Bernama) -- Sime Darby Property Bhd (SDP) has acquired two modern double-storey logistics warehouses in Bandar Bukit Raja, Selangor for RM232 million.
Global Air Cargo And Passenger Demand Up By Over 8 Pct In November 2024 -- IATA
KUALA LUMPUR, Jan 9 (Bernama) -- Global air cargo markets saw robust growth in demand in November 2024, with cargo tonne-kilometres surging by 8.2 per cent compared to a year earlier, according to the International Air Transport Association (IATA).
Wisson Robotics Unveils Game-Changing Soft Robotics At CES 2025
KUALA LUMPUR, Jan 9 (Bernama) -- Wisson Robotics drew significant attention at the Consumer Electronics Show (CES) 2025, with live demonstrations of its cutting-edge soft robotics and applications built on Pliabot technology.
MIDF Positive On Banking Sector, Expects Robust Earnings For 2025
KUALA LUMPUR, Jan 9 (Bernama) -- The Malaysian banking sector is expected to have robust earnings in 2025, supported by solid gross loan growth and stable asset quality, said MIDF Amanah Investment Bank Bhd.
BNM International Reserves End 2024 Higher At US$116.2 Bln Y-O-Y
KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia's international reserves were higher year-on-year (y-o-y) at US$116.2 billion (US$1=RM4.48) as at Dec 31, 2024 against US$113.5 billion as at Dec 29, 2023, according to Bank Negara Malaysia (BNM).
Kenanga IB: Banking Sector Loan Growth Projected At 6.0 Pct In 2025
KUALA LUMPUR, Jan 3 (Bernama) -- Malaysia’s banking loan growth is projected at 6.0 per cent in 2025 amid uncertainties in foreign trade policies, said Kenanga Investment Bank Bhd (Kenanga IB).
Private Non-financial Sector Credit Growth Up 5.2 Pct In November
KUALA LUMPUR, Dec 31 (Bernama) -- Credit to the private non-financial sector grew by 5.2 per cent in November versus 5.1 per cent in October 2024, driven mainly by higher growth in corporate bonds (3.8 per cent; October 2024: 2.6 per cent), according to Bank Negara Malaysia (BNM).