1y ago
KUALA LUMPUR, April 19 (Bernama) -- In the calculus of international trade, perception is power. Nowhere is this more evident than in the way the United States (US) calculates and presents its trade deficit.
1y ago
KUALA LUMPUR, April 9 (Bernama) -- Cuckoo International (MAL) Bhd (Cuckoo Malaysia) is rescheduling the timing of its initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Bhd due to the current global market volatility.
1y ago
KUALA LUMPUR, April 9 (Bernama) -- Sarawak-based telecommunications provider Reach Ten Holdings Bhd is set to raise RM104 million through its initial public offering (IPO) ahead of its planned Main Market listing on May 2, 2025.
1y ago
KUALA LUMPUR, April 3 (Bernama) -- As Malaysian manufacturers undergo digital transformation, safeguarding operations, data, and supply chains from rising threats becomes crucial, requiring swift action to bolster cybersecurity defences.
1y ago
KUALA LUMPUR, March 27 (Bernama) -- RHB Bank Bhd has subscribed to an aggregate of about 51 million new shares in Boost Bank for RM51 million since May 17, 2024, in order to maintain its 40 per cent equity interest in the digital bank.
1y ago
KUALA LUMPUR, March 25 (Bernama) -- Astro Malaysia Holdings Bhd’s net profit for the financial year ended Jan 31, 2025 (FY2025) surged over threefold to RM129.15 million from RM36.88 million in the previous year.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- More than 14,000 small and medium enterprises (SMEs), microenterprises, start-ups, and the low-income group grew in line with higher approval rates under development financial institutions (DFI) financing in 2024, said Bank Negara Malaysia (BNM) today.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- The growth of Malaysia’s digital asset ecosystem signals Malaysian investors’ rising familiarity with the new asset classes, particularly crypto-asset trading activities, the Securities Commission Malaysia (SC) said.
1y ago
KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.
1y ago
PUTRAJAYA, March 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has emphasised that the RM1.1 billion injection into Sapura Energy Bhd (SEB) is a loan, not a sunk cost, and must be repaid.
1y ago
KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).
1y ago
KUALA LUMPUR, March 12 (Bernama) -- Sapura Energy Bhd emerged as among top traded stocks in early trade after securing RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter’s subscription of the company’s nominal value of redeemable convertible loan stocks.