RAM Ratings Positive On Malaysia’s Power Sector Amid Robust Prospects

KUALA LUMPUR, May 29 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a positive outlook on Malaysia’s power sector as the country’s energy transition gains momentum.

Supermax's Associate Company To Establish US$50 Mln Medical Glove Facility In Brazil

Mudajaya Unit To Sell 45 Pct Stake In Real Jade For RM118.45 Mln To Offset Debt

KUALA LUMPUR, May 28 (Bernama) -- Mudajaya Group Bhd’s indirect wholly owned subsidiary, Xelmont Ltd, is disposing of its 45 per cent equity interest in Real Jade Ltd to Minyi Holdings Ltd (MHL) for HK$234 million (RM118.45 million).

SC Enhances Primary Market Framework To Improve Public Listing Access For Issuers

KUALA LUMPUR, May 28 (Bernama) -- The Securities Commission Malaysia (SC) today released its revised Equity Guidelines and Response Paper, introducing targeted enhancements to the primary market framework. 

Positive For PCG If Petronas Assumes Full Control Of PPC - CGS International

KUALA LUMPUR, May 28 (Bernama) -- The implications will be enormously positive for Petronas Chemicals Group Bhd (PCG) if Petronas eventually seek full integration of Pengerang Petrochemical Co Sdn Bhd (PPC), as PPC is expected to continue delivering large losses for PCG.

Rising Credit Commitments Highlight Need For Stronger Financial Awareness Among Middle-income Earners

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, May 27 (Bernama) -- Financial commitments linked to credit cards, Buy Now Pay Later (BNPL) facilities and personal financing are becoming increasingly common among middle-income borrowers, highlighting the need for stronger financial literacy and responsible borrowing practices, according to financial consultancy Bluebricks Holding Sdn Bhd. 

Petronas' Full Ownership Of PRefChem Cements Malaysia's Longer-Term Ambition -- Analyst

By Siti Radziah Hamzah

KUALA LUMPUR, May 26 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) move to assume full ownership of the Pengerang Integrated Complex’s refining and petrochemical operations from Saudi Aramco could further cement Malaysia’s longer-term ambition of positioning Pengerang as a major regional hub for refining, storage, petrochemicals and trading. 

Hong Leong Bank Records Higher Net Profit Of RM1.03 Bln In 3Q

KUALA LUMPUR, May 26 (Bernama) -- Hong Leong Bank Bhd posted a higher net profit of RM1.03 billion in the third quarter ended March 31, 2026 (3Q 2026) from RM946.70 million in 3Q 2025. 

Petronas To Assume Full Ownership of Prefchem

KUALA LUMPUR, May 25 (Bernama) -- Petronas announced today that its subsidiary, Petronas Refinery and Petrochemical Corporation Sdn Bhd, is set to acquire the stake held by Saudi Arabian Oil Company (Aramco) in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor.

Petronas, Aramco Announce Transfer of Full Ownership of PRefChem To Petronas

KUALA LUMPUR, May 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Saudi Arabian Oil Company (Aramco) today announced the signing of an agreement for the transfer of the latter’s equity stakes, held via Aramco Overseas Company B.V., in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (collectively, PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor to Petronas.

IJM Land, Southern Catalyst Formalise JV For RM1.96 Bln Industrial Park In Sedenak

KUALA LUMPUR, May 25 (Bernama) -- IJM Land Bhd has formalised a joint venture (JV) with Southern Catalyst Sdn Bhd to develop a RM1.96 billion industrial park in Sedenak, Johor, within the Johor-Singapore Special Economic Zone (JS-SEZ).

Stoneshield Capital To Increase Stake In Exolum To 20 Pct

KUALA LUMPUR, May 25 (Bernama) -- Stoneshield Capital, a European real assets investment firm, has signed an agreement to acquire a 15 per cent stake in Exolum from OMERS, building on its existing investment in the company.