Shahril Mokhtar Appointed Chairman Of Pestech Technology, Yeoh Jit Shiong Named Acting CEO

KUALA LUMPUR, Dec 20 (Bernama) -- Pestech International Bhd has announced the appointment of Datuk Seri Dr Shahril Mokhtar as chairman of its subsidiary, Pestech Technology Sdn Bhd (PTECH), effective immediately.

Kao Focuses On Long-term Shareholder Value, Transparent Board Selection

KUALA LUMPUR, Dec 20 (Bernama) -- Kao's Board of Directors and management team are focused on increasing shareholder value from a long-term perspective, guided by the company’s business strategy.

IHH Healthcare Donates RM1 Mln For Flood Relief Efforts

KUALA LUMPUR, Dec 20 (Bernama) -- In light of recent floods across Malaysia, IHH Healthcare Group is donating RM1 million to the Malaysian Red Crescent Society (MRCS) and MERCY Malaysia, with RM500,000 allocated to each organisation to support critical relief efforts and address the widespread post-flood impacts.

Uzma Secures RM44.15 Million Contract From Samaiden

KUALA LUMPUR, Dec 19 (Bernama) -- Uzma Bhd’s direct wholly-owned subsidiary, Uzma Environergy Sdn Bhd (UENV), has been awarded a contract worth RM44.15 million from Samaiden Sdn Bhd.

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.

Banking Sector Thriving In 2024, Sees Major Acquisitions

By Karina Imran

KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.

New Audit Exemption Criteria For Private Companies To Take Effect On Jan 1, 2025 - SSM

KUALA LUMPUR, Dec 18 (Bernama) -- The new criteria for the exemption of financial statement audits for private companies will take effect on Jan 1, 2025.

ACE Market-bound Northern Solar Aims To Raise RM42.4 Mln From IPO

KUALA LUMPUR, Dec 18 (Bernama) -- Solar renewable energy specialist Northern Solar Holdings Bhd aims to raise RM42.4 million through its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia. 

Malaysian Developers Shine With 11 Wins At Propertyguru Asia Property Awards In Bangkok

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysian property developers made their mark at the 19th Annual PropertyGuru Asia Property Awards Grand Final at The Athenee Hotel, in Bangkok, securing 11 prestigious awards.

MALAYSIA ACCELERATES EV GROWTH WITH CHINA COLLABORATION TO BOOST REGIONAL HUB AMBITIONS

KUALA LUMPUR, Dec 17 (Bernama) -- Malaysia’s electric vehicle (EV) industry is accelerating, with over 100,000 electrified vehicles recorded and more than 3,300 charging stations established nationwide to date, positioning the country as a key regional hub for EV innovation. 

BMI Lowers 2025 Brent Crude Annual Average Price To US$76 Per Barrel

KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a unit of Fitch Solutions, revised downward its annual average of US$76 per barrel for Brent crude in 2025, down from US$78 per barrel previously.

Belden’s Refreshed Corporate Brand Identity Opens Up Endless Possibilities

KUALA LUMPUR, Dec 6 (Bernama) -- Belden Inc has revealed a new corporate brand identity that underscores the company’s transformation to a comprehensive network and data infrastructure solutions provider.