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Penguin Solutions SMART Modular Memory Module Passes CXL Compliance Testing

KUALA LUMPUR, Jan 15 (Bernama) -- Penguin Solutions Inc announced that its SMART Modular CXL NV-CMM E3.S 2T non-volatile memory module has successfully passed Compute Express Link (CXL) compliance testing and has been listed on the CXL Consortium’s Integrators List.

Ringgit Rises 0.2 Pct Against US Dollar At Close

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit closed 0.2 per cent firmer against the US dollar on Wednesday, supported by sustained portfolio inflows into Malaysian bonds and equities, reflecting confidence in domestic-demand growth, stable policy settings, and attractive real yields.

Chereh Dam Project Could Help Malaysia Export Renewable Energy Expertise -- Citaglobal

ABU DHABI, Jan 14 (Bernama) -- The Chereh Dam floating solar project in Pahang could help Malaysia develop renewable energy (RE) expertise that can be exported to other markets, Citaglobal Berhad executive chairman and president Tan Sri Mohamad Norza Zakaria said.

AM Best Affirms Vietnam’s PTI Credit Ratings With Stable Outlook 

KUALA LUMPUR, Jan 14 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of Vietnam’s Post-Telecommunication Joint Stock Insurance Corporation (PTI).

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.

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.

Affin Hwang IB, CBOE In Partnership To Introduce VIX® Futures In Malaysia

KUALA LUMPUR, Jan 12 (Bernama) — Affin Hwang Investment Bank Bhd has partnered with Cboe Global Markets Inc to introduce VIX® Futures to local investors.

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).

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.

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.