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Higher Opex Under RP4 To Support TNB's Operational, Maintenance Activities - RHB IB

KUALA LUMPUR, Dec 27 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on Tenaga Nasional Bhd's (TNB) three-year Regulatory Period 4 (RP4) announcement, as the higher allowed operating expenditure (opex) could support the planning and execution of necessary operational and maintenance activities for all of the utility company's electrical infrastructure.

TNB Share Rises In Early Trade On New Tariff Announcement

KUALA LUMPUR, Dec 27 (Bernama) -- Tenaga Nasional Bhd's (TNB) shares surged in early trade on Friday after announcing a new tariff schedule for Peninsular Malaysia under Regulatory Period 4 (RP4).  

TNB To Ensure Reliable, Continuous Supply Via RP4

KUALA LUMPUR, Dec 26 (Bernama) -- The new tariff schedule with a base tariff of 45.62 sen per kilowatt-hour for Peninsular Malaysia under Regulatory Period 4 (RP4) is proposed to be implemented starting July 1, 2025, Tenaga Nasional Bhd said today.

BHIC Disposes of Stake in CAD to German Company for RM54 Mln

KUALA LUMPUR, Dec 24 (Bernama) -- Boustead Heavy Industries Corporation Bhd (BHIC) has disposed of its equity stake in Contraves Advanced Devices Sdn Bhd (CAD) to German automotive and arms manufacturer, Rheinmetall AG.

Capital A To Exit PN17 Status By 1Q 2025 -- Fernandes

SEPANG, Dec 23 (Bernama) -- Capital A Bhd is expected to exit Practice Note 17 (PN17) status by the first quarter of next year after submitting its proposed regularisation plan to Bursa Malaysia Securities Bhd today.

Exim Bank Named Lender Of The Year At Impact Awards 2024

KUALA LUMPUR, Dec 23 (Bernama) -- Export-Import Bank of Malaysia Bhd (Exim Bank) has been recognised as the “Lender of the Year” for its sustainability-focused finance and investment insights at the recent Impact Awards 2024.

2024 Economic Highlights: Madani Government Drives Long-term Prosperity – PM Anwar

KUALA LUMPUR, Dec 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim stated that the MADANI government has implemented strategic initiatives throughout 2024 to drive long-term prosperity for the people and the nation.

Tentative Date For CAAM-Mavcom Merger Set, To Be Announced By Transport Ministry -- CAAM CEO

KUALA LUMPUR, Dec 20 (Bernama) -- The tentative date for the merger of the Civil Aviation Authority of Malaysia (CAAM) and the Malaysian Aviation Commission (Mavcom) has been set and will be revealed later by the Transport Ministry.

MECD Allocated RM2.57 Bln To Over 270,000 Women Entrepreneurs As Of November 2024

KUALA LUMPUR, Dec 19 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (MECD) has allocated a total of RM2.57 billion to 272,242 women entrepreneurs under Amanah Ikhtiar Malaysia (AIM) as of November 2024.

ES Sunlogy Signs Underwriting Agreement With M&A Securities For IPO Exercise

KUALA LUMPUR, Dec 19 (Bernama) -- Mechanical and electrical (M&E) engineering services solutions, ES Sunlogy Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd for the company’s upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Dewan Negara Passes Five Bills Related To Business Activities In Labuan

KUALA LUMPUR, Dec 18 (Bernama) -- The Dewan Negara has passed five bills under the Ministry of Finance related to business activities in Labuan, namely the Labuan Business Activity Tax (Amendment) (No.2) Bill 2024 and the Labuan Companies (Amendment) Bill 2024.

Only 1.6 Pct Of Approved Investments Have Not Been Implemented Between 2021 And March 2024 -- Zafrul

KUALA LUMPUR, Dec 18 (Bernama) -- Only 1.6 per cent of approved investment projects from 2021 to March 2024 have not been implemented, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.