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Deleum Acquires 70 Pct Stake In Indonesia’s PT OSA For RM31.3 Mln

KUALA LUMPUR, Dec 5 (Bernama) -- Deleum Bhd’s (Deleum) wholly-owned subsidiary, Deleum Services Sdn Bhd, today has signed a share purchase agreement to acquire a 70 per cent stake in PT OSA Industries Indonesia Pte Ltd (PT OSA) for US$7 million (RM31.3 million).

Asia Digital Engineering Eyes U.S. Market With FAA Approval In Sight - CEO Mahesh

SEPANG, Dec 4 (Bernama) – Capital A's maintenance, repair and overhaul (MRO) arm, Asia Digital Engineering (ADE), aims to expand its international footprint with plans to service American airlines in the near future, pending Federal Aviation Administration (FAA) approval.

PM Anwar Urges World Trade System Reforms To Address Unfair Practices

KUALA LUMPUR, Dec 2 (Bernama) -- The international trade system needs urgent reforms as the world continues to witness unfair trading practices, said Prime Minister Datuk Seri Anwar Ibrahim. 

EMGA Secures US$30 Mln Debt Financing For Uzbekistan’s Ipak Yuli Bank

KUALA LUMPUR, Dec 2 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has completed its first transaction for Ipak Yuli Bank in Uzbekistan, securing US$30 million from the OPEC Fund for International Development (OPEC Fund). (US$1=RM4.44)

Sime Darby Property To Build Additional Data Centres, With 20-year Lease Value Up To RM5.6 Bln

KUALA LUMPUR, Dec 2 (Bernama) -- Sime Darby Property Bhd will be developing additional data centres at Elmina Business Park following the signing of a new build-and-lease agreement with Pearl Computing Malaysia Sdn Bhd, with a 20-year lease value of up to RM5.6 billion. 

Brazil, Malaysia To Set Up Joint Development On IC Design In 2025

By Rohani Mohd Ibrahim

KUALA LUMPUR, Dec 1 (Bernama) -- Brazil and Malaysia’s collaboration in the semiconductor industry will involve the development of joint initiatives in integrated circuit (IC) design next year, according to sources from the Brazilian Embassy in Malaysia.

Research Firms Upbeat About IHH

KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat about IHH Healthcare Bhd’s strategic plan for both organic and inorganic growth over the mid-to-long term. 

Knight Frank: Malaysia Among APAC's Leading Lifestyle And Investment Hotspots

KUALA LUMPUR, Nov 27 (Bernama) -- Singapore, Australia, Japan and Malaysia lead the rankings as Asia-Pacific’s (APAC) leading lifestyle and investment hotspots, according to global real estate consultancy and estate agency, Knight Frank.

Blackstone, Santander Finalise US$1 Bln Infrastructure Loan Portfolio Deal

KUALA LUMPUR, Nov 27 (Bernama) -- Blackstone and Santander Corporate & Investment Banking have reached an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a US$1 billion portfolio of high-quality infrastructure loans from Santander. (US$1=RM4.45)

ACE Market-bound Vanzo Holdings Aims To Raise RM14 Mln From IPO

KUALA LUMPUR, Nov 27 (Bernama) -- Vanzo Holdings Bhd aims to raise RM14 million through its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia on Dec 17, 2024.

EMGA Secures US$210 Mln Financing For Brazil’s BTG Pactual 

KUALA LUMPUR, Nov 26 (Bernama) -- Emerging Markets Global Advisory Limited (EMGA) has secured US$210 million debt finance for their long-standing Brazil based client, BTG Pactual (BTG). (US$1=RM4.45)

Hibiscus Petroleum's Brunei Acquisition To Contribute To Earnings Starting FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 26 (Bernama) -- Hibiscus Petroleum Bhd's acquisition of TotalEnergies in Brunei will start to contribute to its earnings from the financial year ending June 30, 2025 (FY2025), said managing director Dr Kenneth Pereira.