National Audit Department To Audit 2,000 GLCs Next Year

KUALA LUMPUR, Sept 30 (Bernama) -- The National Audit Department (NAD) will be auditing 2,000 government-linked companies (GLCs) beginning next year in an effort to create a new era of enhanced governance in Malaysia, said Auditor-General Datuk Wan Suraya Wan Mohd Radzi.

Nikkiso CE&IG Receives Ammonia Fuel Supply System Approval From ABS

KUALA LUMPUR, Sept 30 (Bernama) -- Nikkiso Clean Energy & Industrial Gases (CE&IG), part of Nikkiso Co Ltd Industrial Division has received approval in principle (AIP) from ABS for a new ammonia fuel supply system (FSS).

AirAsia Pushes For A More Liberalised Air Travel Landscape In ASEAN

KUALA LUMPUR, Sept 30 (Bernama) -- Despite a thriving operation in major ASEAN countries, AirAsia’s persistent difficulty in obtaining an operating licence in Singapore highlights a key challenge in the aviation sector—the conflict between national protectionism and the need for open competition.

Bintai Kinden Proposes Regularisation Plan To Exit PN17 Status

KUALA LUMPUR, Sept 27 (Bernama) — Bintai Kinden Corporation Bhd (BKCB) has announced a proposed regularisation plan to exit its Practice Note 17 (PN17) status and ensure long-term sustainability.

PM Anwar Urges Swift Action In Facing Fierce Regional Competition

KLANG, Sept 27 (Bernama) -- Malaysia must act swiftly in navigating the intensifying regional competition to avoid being left behind, said Prime Minister Datuk Seri Anwar Ibrahim.

ADE Poised To Be Capital A’s First Business To Be Listed On Bursa - Fernandes

SEPANG, Sept 26 (Bernama) -- Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd,  is poised to be Capital A's first business unit to be listed on Bursa Malaysia, said Capital A chief executive officer Tan Sri Tony Fernandes. 

Magma Proposes Capital Reduction, Land Acquisition, Amendment Of Group's Constitution

KUALA LUMPUR, Sept 24 (Bernama) -- Magma Group Bhd (formerly known as Impiana Hotels Bhd) has proposed to undertake a reduction of its share capital pursuant to Section 116 of the Companies Act, 2016. 

Cropmate Gets Bursa's Nod To List On Ace Market

KUALA LUMPUR, Sept 23 (Bernama) -- Specialty fertiliser company Cropmate Bhd has received approval from Bursa Malaysia for its ACE Market listing. 

Penang Port Set To Exceed 1.5 Mln TEUs By Year-end, Says CEO

BUTTERWORTH, Sept 23 (Bernama) -- Penang Port Sdn Bhd is expected to exceed a container handling capacity of 1.5 million twenty-foot equivalent units (TEUs) by the end of this year, said its chief executive officer Datuk Sasedharan Vasudevan.

Capital A To Hold EGM On Oct 14, 2024, For Disposal Of Aviation Business

KUALA LUMPUR, Sept 23 (Bernama) -- Capital A Bhd will hold an extraordinary general meeting (EGM) on Oct 14, 2024, where the proposed disposal of its aviation business to sister company AirAsia X Bhd (AAX) will be tabled for shareholders’ approval. 

Sarawak To Announce Acquisition Of Affin Bank In A Week - Abang Johari

KUCHING, Sept 21 (Bernama) -- An announcement to finalise the acquisition of a majority stake in Affin Bank Bhd by the Sarawak government is expected within a week, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Three Major Chinese Heavy Industry Firms Set To Establish Operations In Labuan

By Jailani Hasan

LABUAN, Sept 20 (Bernama) -- Three prominent China-based heavy industry companies are set to expand their operations to Labuan, recognising the island’s strategic potential as a key economic hub.