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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.

Ringgit Gains Against Singapore Dollar Unlikely To Hit Trade

JOHOR BAHRU, Jan 11 (Bernama) -- The ringgit’s recent strengthening to around 3.16 against the Singapore dollar was expected and has had little impact on cross-border trade between Malaysia and Singapore, an academic said.

Strong Demand For Malaysia Airlines’ Chengdu Flights

KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia Airlines has resumed its flights from Kuala Lumpur to Chengdu, reinforcing its long-term commitment to the Greater China market and strengthening connectivity between Malaysia and Western China, and supporting Malaysia’s inbound tourism ambitions under Visit Malaysia 2026 (VM2026).

Bursa Malaysia Ends Higher, CI Hit More Than Six-year High

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia concluded the week on a stronger note, with the benchmark index reaching a more than six-year high due to continued buying of blue-chip stocks, aligning with the performance of stronger regional markets.

EXIM Bank Malaysia Inks Tripartite MoUs With Turkish Firms To Boost Bilateral Trade, Investment Ties

KUALA LUMPUR, Jan 9 (Bernama) -- The signing of three partnerships between EXIM Bank Malaysia and Turkish companies has further reinforced bilateral trade and investment collaboration, while supporting the international expansion of Malaysian companies in line with Malaysia’s broader industrial and trade diversification objectives.

Jumio Names Bala Kumar President, Interim CEO

KUALA LUMPUR, Jan 9 (Bernama) -- Jumio has appointed Bala Kumar as president and interim chief executive officer (CEO), succeeding Robert Prigge, who is stepping down after nearly a decade leading the company through a period of sustained growth.

Malaysia’s "Regular Follow-Up Status" By FATF Underscores Labuan IBFC AML Framework's Strength

LABUAN, Jan 9 (Bernama) -- Malaysia’s recent recognition by the Financial Action Task Force (FATF) under the ‘Regular Follow-Up’ status for the Mutual Evaluation Report 2025 (MER 2025) has underscored international confidence in the country’s robust, risk-based framework for anti-money laundering, counter-terrorism financing and counter-proliferation financing (AML/CFT/CPF).

Affin Bank Projects 4.3 Pct GDP Growth For Malaysia This Year

GEORGE TOWN, Jan 9 (Bernama) -- Affin Bank Bhd expects Malaysia's economy to maintain its strong momentum with gross domestic product (GDP) growth forecast at 4.3 per cent in 2026, following the likely 4.6 per cent expansion in 2025.