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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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).
Realtor Mighty Alliance Acquires 29.51 Pct In Scanwolf For RM32.35 Mln
KUALA LUMPUR, Jan 20 (Bernama) -- Real estate company Mighty Alliance Sdn Bhd (MASB) has acquired a 29.51 per cent equity interest in Scanwolf Corporation Bhd from four buyers for RM32.35 million cash.
Fajarbaru Expects RM2 Bln GDV For Penang Medi-city Phase One
GEORGE TOWN, Jan 20 (Bernama) -- Fajarbaru Builder Group Bhd (FBG) anticipates the upcoming Penang Medi-City phase one project in Batu Kawan, Penang, to have a gross development value (GDV) of RM2 billion.
Fajarbaru, PDC Ink Master PDA For Phase 1 Of Penang Medi-city
GEORGE TOWN, Jan 20 (Bernama) -- Fajarbaru Builder Group Bhd (FBG) and the Penang Development Corporation (PDC) have signed the master purchase and development agreement (master PDA) for the first phase of the Penang Medi-City project in Batu Kawan.
Local Institutions Maintain Bursa Malaysia Buying Streak For 13th Straight Week
KUALA LUMPUR, Jan 20 (Bernama) -- Local institutions remained net buyers for the 13th consecutive week on Bursa Malaysia, with net purchases of RM797.8 million, according to MIDF Amanah Investment Bank Bhd (MIDF).
Bank Islam Eyes 800 Sign-ups For Mastercard World Premier Wealth Credit Card-i This Year
KUALA LUMPUR, Jan 17 (Bernama) -- Bank Islam Malaysia Bhd is targeting 800 sign-ups for its newly launched Bank Islam Mastercard World Premier Wealth Credit Card-i by the end of this year.
Power International Holding Secures Full Ownership Of MTS From Kazakhtelecom
KUALA LUMPUR, Jan 17 (Bernama) -- Power International Holding (PIH), a globally recognised Qatari-based conglomerate, has officially completed the acquisition of Mobile Telecom-Service LLP (MTS) from Kazakhtelecom JSC, securing full ownership of the company.
Uni-Fuels Raises US$8.4 Mln In Successful IPO Closing
KUALA LUMPUR, Jan 16 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) has successfully closed its underwritten initial public offering (IPO) of 2,100,000 Class A Ordinary Shares at a public offering price of US$4.00 per share, raising total gross proceeds of US$8.4 million before underwriting discounts and commissions. (US$1 = RM4.49)
Sumbangan Asas Rahmah Extended To Sabah, Sarawak Via Mykad
KUALA LUMPUR, Jan 14 (Bernama) -- The distribution of Sumbangan Asas Rahman (SARA) assistance via the use of MyKad will be expanded to Sabah and Sarawak this year instead of only in Peninsular Malaysia in 2024, said the Finance Ministry (MOF).
Wholesale And Retail Trade Up 4.7 Pct In November 2024 With RM149.3 Bln Sales
KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia’s wholesale and retail trade sector grew by 4.7 per cent year-on-year to achieve sales of RM149.3 billion in November 2024, the second-highest monthly sales achieved so far for the year, according to the Department of Statistics Malaysia (DOSM).