Komarkcorp Proposes RM149 Mln Share Capital Reduction To Offset Losses

KUALA LUMPUR, Jan 22 (Bernama) -- Komarkcorp Bhd has proposed a share capital reduction of RM148.70 million to offset its significant accumulated losses.

HSS Engineering's Associate Company Appointed As Consultant For Data Centre

KUALA LUMPUR, Jan 22 (Bernama) -- HSS Engineers Bhd’s (HEB) associate company, HSS Integrated Sdn Bhd (HSSI) has been appointed as project management consultant for the engineering, procurement, construction and commissioning of a data centre in Bagan Datuk, Perak, worth RM22 million. 

Ringgit Closes Higher Amid US-EU Tariff Concerns, Easing Japanese Govt Bonds

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit closed higher against the US dollar as market sentiment improved amid concerns over the United States’ tariffs against the European Union (EU) and geopolitical risks, while pressures in the Japanese Government Bond (JGB) market eased.

Coventry CEO Reid Buerger Wins Finseca 2025 ID Twenty Award

KUALA LUMPUR, Jan 21 (Bernama) -- Coventry announced its chief executive officer (CEO), Reid Buerger, has been named a 2025 ID Twenty Award recipient by Finseca, recognising leadership and innovation in the independent insurance distribution sector.

Gold Futures Extend Upward Momentum Amid Escalating Geopolitical Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their upward momentum on Tuesday, closing higher as market sentiment was further supported by escalating trade tensions between the United States (US) and the European Union.

AHAM Capital Distributes RM1.39 Bln Across 84 Funds In FY2025

KUALA LUMPUR, Jan 20 (Bernama) -- AHAM Asset Management Bhd (AHAM Capital) has declared RM1.39 billion in income distribution for the financial year 2025 (FY2025), spanning 84 wholesale and retail funds.

Gold Futures Likely To See Cautious Trading Next Week

KUALA LUMPUR, Jan 17 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week, tracking external developments as well as the performance of the United States COMEX.

KiddeFenwal Launches NATURA Micro, Enhancing Compact Fire Protection Solutions

KUALA LUMPUR, Jan 16 (Bernama) -- KiddeFenwal, a global leader in fire suppression and safety controls, has expanded its inert gas fire protection line with the launch of NATURA Micro, offered through its Kidde Fire Systems brand.

Pertamina's RDMP Balikpapan Operation Boosts Indonesia’s Refining Capacity

JAKARTA, Jan 16 (Bernama) -- After nearly a decade of development, the Refinery Development Master Plan (RDMP) Balikpapan project, the flagship initiative under the national RDMP programme of PT Pertamina (Persero), has entered its initial operation phase, marking a major milestone in Indonesia’s refinery modernisation efforts.

PNB Offers US$300 Mln Secured Exchangeable Sukuk To Strengthen Portfolio Diversification

KUALA LUMPUR, Jan 16 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched a US$300 million secured exchangeable sukuk in line with its ongoing commitment to enhance portfolio resilience and deliver sustainable, long-term returns for its unitholders.

Maybank GWM Financial Assets Hit RM565 Bln On Islamic Wealth Strong Momentum

KUALA LUMPUR, Jan 14 (Bernama) -- Maybank Group Wealth Management’s (GWM) total financial assets exceeded RM565 billion as of September 2025, underpinned by strong momentum in Islamic wealth management.

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).