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.
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.
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.
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).
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.
KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured 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 (RCLS).
KUALA LUMPUR, March 6 (Bernama) -- NASDAQ-listed Agape ATP Corporation (ATPC) has entered into agreements for a US$23 million (US$1=RM4.41) private placement with institutional investors to support its expansion in healthcare, oil and gas trading, and renewable energy.
KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd (EcoWorld Malaysia) has acquired the remaining 40 per cent stake in Paragon Pinnacle Sdn Bhd (PPSB) from Employees Provident Fund (EPF) subsidiary, Tanjung Wibawa Sdn Bhd (TWSB), for RM184.08 million.
KUALA LUMPUR, Feb 18 (Bernama) -- Maxis Bhd chalked up a 40.6 per cent surge in net profit for the financial year ended Dec 31, 2024 (FY2024) to RM1.4 billion versus RM993 million in the previous year, bolstered by stronger revenue growth and cost optimisation.
KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.
KUALA LUMPUR, Jan 23 (Bernama) -- The Retirement Fund Inc (KWAP) has awarded a RM4.27 million contract to Censof Holdings Bhd’s subsidiary Century Software (Malaysia) Sdn Bhd to replace its accounting system with a new one.
KUALA LUMPUR, Jan 17 (Bernama) -- Petronas Gas Bhd, through wholly owned unit Regas Terminal (Pengerang) Sdn Bhd, has launched Malaysia's first liquefied natural gas (LNG)-driven air separation unit (ASU) in Pengerang, Johor, and invited Dialog Group Bhd to participate by taking up a 27.78 per cent stake.
