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There are 493 news based on search keyword "acquisition"

Research Firms Optimistic About Mah Sing's Growth Potential

KUALA LUMPUR, Dec 20 (Bernama) -- MIDF Amanah Investment Bank Bhd remained upbeat on the prospect for real estate development company Mah Sing Group Bhd, driven by its growing exposure to the booming Johor property market. 

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. 

Banking Sector Thriving In 2024, Sees Major Acquisitions

By Karina Imran

KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.

 

Mah Sing To Acquire Land In Johor Bahru With RM1.5 Bln GDV

KUALA LUMPUR, Dec 19 (Bernama) -- Mah Sing Group Bhd plans to acquire 2.424 hectares of freehold land in Johor Bahru, designated for the development of premium serviced apartments and retail units, with an estimated gross development value (GDV) of RM1.5 billion.

EPF Becomes Significant Unitholder In KIP REIT With Over 6 Pct Ownership 

KUALA LUMPUR, Dec 6 (Bernama) -- The Employees Provident Fund (EPF) has become a substantial unitholder of KIP Real Estate Investment Trust (KIP REIT) following the successful conclusion of the group’s recent private placement.

OSK Indirect Unit Acquires Land In Sungai Petani For RM72 Mln

KUALA LUMPUR, Dec 6 (Bernama) -- OSK Holdings Bhd's indirect subsidiary OSK Amanjaya Sdn Bhd, has entered into a sale and purchase agreement with Central Kedah Properties Sdn Bhd to acquire five parcels of land in Sungai Petani, Kedah, for RM72 million. 

Mavenir To Share Future Corporate Strategy At Annual Global Analyst Event In Dallas

KUALA LUMPUR, Dec 5 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, will hold its annual analyst event from Dec 11 to 12 in Dallas, United States, to highlight its ongoing efforts to drive the Mobile Network digital transformation.

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).

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.

Asia Digital Engineering Well-placed To Seek Listing Due To Strong Earnings, Strategic Growth

SEPANG, Dec 2 (Bernama) -- Maintenance, repair and overhaul (MRO) service provider Asia Digital Engineering Sdn Bhd (ADE) is set to chalk up significantly higher revenue next year, which will position it well financially to seek listing sooner rather than later.

EcoWorld's Unit Issues RM300 Mln Sukuk Wakalah

KUALA LUMPUR, Nov 28 (Bernama) -- Eco World Development Group Bhd’s (EcoWorld Malaysia) wholly-owned subsidiary, Eco World Capital Bhd, has issued a RM300 million sukuk wakalah.

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.