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5E Resources Gets Bursa's Approval ACE Market Listing

JOHOR BAHRU, Jan 13 (Bernama) -- Waste management services provider 5E Resources Holdings Bhd (5E Resources) has received approval from Bursa Malaysia Securities Bhd for its proposed listing on the ACE Market.

Bursa Malaysia Ends At Intraday High On Strong Foreign Buying

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia’s benchmark index closed at an intraday high of 1,708.20, its highest level in more than six years, supported by broadly positive regional sentiment following gains on Wall Street and sustained foreign buying interest.

Sunway, IJM Shares Rise On Positive Sentiment Over Merger Proposal

KUALA LUMPUR, Jan 13 (Bernama) -- Sunway Bhd and IJM Corporation Bhd were among the most active counters, trading higher at mid-afternoon, following the positive sentiment on a potential merger between the two companies.

AirAsia X To Be Renamed AirAsia On Jan 19 - Tony Fernandes

KUALA LUMPUR, Jan 13 (Bernama) -- AirAsia X will be renamed AirAsia and listed as a newly quoted stock on Jan 19, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.

Great American Insurance Group Hires Natt Wattanaumphaipong To Singapore Leadership Role

KUALA LUMPUR, Jan 13 (Bernama) -- Great American Insurance Group has appointed Nattakorn (Natt) Wattanaumphaipong as Senior Director, Technical Underwriting for the Singapore Branch of its flagship insurer, Great American Insurance Company.

Attindas Accelerates European Expansion With Italy-based SILC Acquisition

KUALA LUMPUR, Jan 13 (Bernama) -- Attindas Hygiene Partners has acquired Italy-based Società Italiana Lavorazione Cellulosa (SILC S.p.A.), taking a significant step forward in executing its growth strategy.

Semico Capital Achieves 80 Pct Premium Over IPO Price, Raises RM23.2 Mln

KUALA LUMPUR, Jan 13 (Bernama) --  Semico Capital Bhd made a strong debut on the ACE Market of Bursa Malaysia today as it opened at 45 sen, achieving a premium of 80 per cent over its initial public offering (IPO) price of 25 sen per share.

Vantris Energy's Unit To Dispose Stake In L&T-Sapura Shipping For US$30.5 Mln In Total Consideration

KUALA LUMPUR, Jan 12 (Bernama) -- Vantris Energy Bhd’s indirect wholly-owned subsidiary, Sapura Nautical Power Pte Ltd, will divest its 40 per cent equity interest in L&T-Sapura Shipping Pvt Ltd to its India-based joint venture partner Larsen &Toubro Ltd for a total disposal consideration of US$30.5 million (US$1 = RM4.05).

Sunway Proposes Conditional Takeover Offer To Acquire IJM Corp At RM3.15 Per Share

KUALA LUMPUR, Jan 12 (Bernama) -- Sunway Bhd has proposed a conditional voluntary takeover offer to acquire the entire 3.51 billion shares in IJM Corp Bhd at an offer price of RM3.15 per share.  

Petronas Seeks Clarity From Court On Petroleum Regulatory Framework In Sarawak

KUALA LUMPUR, Jan 12 (Bernama) -- Petronas has filed a motion at the Federal Court in Putrajaya to seek clarity on the applicable petroleum regulatory framework governing its operations in Sarawak.

Prudential Malaysia Launches PRUWealth Enrich 2.0 To Support Structured Wealth Transfer

KUALA LUMPUR, Jan 12 (Bernama) -- Prudential Assurance Malaysia Bhd (PAMB) has introduced the PRUWealth Enrich 2.0, an enhanced legacy plan designed to meet the emerging trend of purposeful and structured wealth transfer with low-risk solutions.

Richmond Asia Group Targets 20-hotel Portfolio In Malaysia By 2033

KUALA LUMPUR, Jan 12 (Bernama) -- Richmond Asia Group plans to expand its hospitality portfolio in Malaysia to 20 hotels over the next eight years.