Insights Analytics ACE Market Debut Raises RM43.56 Mln

KUALA LUMPUR, Oct 27 (Bernama) -- Sarawak-based technology solutions provider Insights Analytics Bhd made its debut on the ACE Market of Bursa Malaysia Securities Bhd today, raising RM43.56 million from its public issue of 121 million new shares at an issue price of 36 sen per share.

THMY Holdings Soars 158 Pct Above IPO Price On ACE Market Debut

KUALA LUMPUR, Oct 23 (Bernama) -- THMY Holdings Bhd, a test solutions engineering provider, made its debut on the ACE Market of Bursa Malaysia with a strong 158 per cent premium over its initial public offering (IPO) price of 31 sen.

BNM Boosts Transparency, Requires Banks To Issue Written Notices To Accounts Closed Under AMLA -- MOF

KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) has strengthened transparency in the handling of appeals of closed bank accounts by requiring financial institutions to issue written notices to affected account holders, said the Finance Ministry.

Southern Cable To Raise Up To RM259 Mln To Fund Capacity Expansion

KUALA LUMPUR, Oct 14 (Bernama) -- Southern Cable Group Bhd has proposed a private placement of up to 10 per cent of its total issued shares to raise as much as RM259 million to finance a multi-year expansion plan aimed at boosting its production capacity.

Downward Trend In Debt, Fiscal Reforms Can Support Malaysia’s Sovereign Rating -- Fitch

KUALA LUMPUR, Oct 14 (Bernama) -- The expectation of a downward trend in general government debt and Gross Domestic Product (GDP) that is closer to peer medians, supported by a strong consolidation strategy and improved growth prospects, could put upward pressure on Malaysia’s ‘BBB+’ sovereign rating.

Varia Proposes To Set Up RM3 Bln Sukuk Murabahah Programme

KUALA LUMPUR, Oct 8 (Bernama) -- Varia Bhd plans to raise up to RM3 billion through the proposed issuance of Islamic medium term notes (IMTNs).

Niche Capital Allocates RM23.18 Mln To Advance KK Hill, Sokor Midland Gold Projects

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 8 (Bernama) -- Niche Capital Emas Holdings Bhd (NICE) plans to allocate approximately RM23.18 million or 89 per cent of the total RM26.18 million raised from its private placement exercise to advance its mining business, particularly the KK Hill and Sokor Midland projects in Kelantan.

Local Analytics Firms Urged To Contribute To Sarawak's Green Energy Agenda

KUCHING, Oct 7 (Bernama) -- Local analytics companies have been urged to assist the Sarawak government in its hydrogen production initiative to support the state’s green energy transformation for the public transport sector.

UOB Malaysia Prices RM455 Mln ASEAN Green Sri Sukuk Musharakah For ECRB

KUALA LUMPUR, Oct 6 (Bernama)-- UOB Malaysia has successfully priced a RM455 million Islamic medium-term notes under Tranche 7 of EXSIM Capital Resources Bhd’s (ECRB) RM2 billion Sukuk Musharakah Programme, structured as an ASEAN Green SRI Sukuk Musharakah.

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.

UOA Development Unit Sells Properties Worth RM200 Mln To UOA REIT Trustee

KUALA LUMPUR, Oct 2 (Bernama) -- UOA Development Bhd’s 60 per cent-owned subsidiary, Everise Project Sdn Bhd, has entered into three conditional sale and purchase agreements (SPAs) worth RM200 million.

RHB Bank Proposes RM5 Bln Multi-currency CP, Sukuk Programmes

KUALA LUMPUR, Oct 1 (Bernama) -- RHB Bank Bhd has proposed a multi-currency Commercial Papers Programme (CP Programme) and a multi-currency Islamic Commercial Papers Programme (Sukuk Murabahah Programme) with a combined limit of up to RM5 billion.