Powertechnic To Raise RM22.05 Mln In ACE Market IPO

KUALA LUMPUR, Oct 6 (Bernama) -- Crane and hoist systems company Powertechnic Group Bhd aims to raise RM22.05 million from its initial public offering (IPO) ahead of its listing on the ACE Market of Bursa Malaysia Securities Bhd on Oct 28, 2025.

North Atlantic Nears Completion Of Esso S.A.F. Acquisition Amid Final Price Adjustments

KUALA LUMPUR, Oct 6 (Bernama) -- North Atlantic France SAS (North Atlantic) is closing in on its acquisition of ExxonMobil France Holding SAS (ExxonMobil)’s 82.89 per cent stake in Esso Société Anonyme Française SA (Esso S.A.F.), with the final purchase price now undergoing detailed adjustments ahead of completion expected by year-end 2025.

Budget 2026: MSIA Seeks Strategic Push For 'Made By Malaysia' Initiative

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 4 (Bernama) -- The Malaysia Semiconductor Industry Association (MSIA) hopes Budget 2026 will include a strategic announcement to fund key initiatives that support the “Made by Malaysia” agenda.

Marjan Unveils Ras Al Khaimah's Newest Coastal Powerhouse

KUALA LUMPUR, Oct 3 (Bernama) -- Marjan, the master developer of freehold properties in Ras Al Khaimah (RAK), has announced the launch of its new mixed-use beach town destination, Marjan Beach.

​EIG’s Midocean Energy Acquires 20 Pct Stake In Petronas’ Canadian LNG Assets 

KUALA LUMPUR, Oct 1 (Bernama) -- MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, has entered into definitive agreements to acquire a 20 per cent interest in key Canadian energy assets owned by PETRONAS, Malaysia’s state-owned energy giant.

Petronas Gas Gets Tax Exemption From MOF For Reorganisation

KUALA LUMPUR, Oct 1 (Bernama) – Petronas Gas Bhd (PGB) has received approval from the Ministry of Finance (MOF) for a tax exemption related to its internal reorganisation plan.

Boomi Powers Serco’s AI-Driven Integration Overhaul, Cutting Project Timelines

KUALA LUMPUR, Oct 1 (Bernama) -- Boomi, the leader in artificial intelligence (AI)-driven automation, announced that global public services provider Serco is leveraging the Boomi Enterprise Platform to unlock rapid innovation through generative AI.

Analysts Reaffirm Gamuda As Top Pick Amid Strong Growth

KUALA LUMPUR, Sept 30 (Bernama) -- Gamuda Bhd remains the top pick for the construction sector by MBSB Investment Bank Bhd, supported by an all-time high order book of RM35.8 billion and a geographically diversified portfolio across construction and property. 

DGB Asia Proposes RM197 Mln Capital Reduction

KUALA LUMPUR, Sept 29 (Bernama) -- DGB Asia Bhd, a software and engineering solutions company, proposes to undertake a capital reduction exercise via the cancellation of its issued share capital, which is lost and unrepresented by available assets of RM197 million.

ASEAN-Hong Kong Two-Way Trade Hits US$132.5 Bln

By Ahmad Erwan Othman

KUALA LUMPUR, Sept 26 (Bernama) -- ASEAN’s economic partnership with Hong Kong continues to strengthen, with total two-way trade reaching US$132.5 billion in 2024, placing them among the region’s top seven trading partners, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

TXCD Unit Wins RM11.24 Mln Sub-contract From RCCT

KUALA LUMPUR, Sept 25 (Bernama) -- TXCD Bhd said its indirect wholly owned unit, Ageson Kensetsu Sdn Bhd, has accepted a letter of award (LOA) from R & C Cergas Teguh Sdn Bhd (RCCT) to undertake sub-contract works worth RM11.24 million.

ASEAN Shows Unity, Eyes Major Economic Milestones Amid Global Challenges

By Nurunnasihah Ahmad Rashid and Siti Noor Afera Abu

KUALA LUMPUR, Sept 25 (Bernama) -- ASEAN remains united and forward-looking, with member states focused on deepening cooperation and pushing through key regional initiatives, despite mounting global economic headwinds, ahead of the upcoming ASEAN Summit in October.