17d ago
KUALA LUMPUR, Jan 12 (Bernama) -- Vantris Energy Bhd’s indirect wholly-owned subsidiary, Sapura Nautical Power Pte Ltd, will divest its 40 per cent equity interest in L&T-Sapura Shipping Pvt Ltd to its India-based joint venture partner Larsen &Toubro Ltd for a total disposal consideration of US$30.5 million (US$1 = RM4.05).
17d ago
KUALA LUMPUR, Jan 12 (Bernama) -- Sunway Bhd has proposed a conditional voluntary takeover offer to acquire the entire 3.51 billion shares in IJM Corp Bhd at an offer price of RM3.15 per share.
18d ago
KUALA LUMPUR, Jan 12 (Bernama) -- Richmond Asia Group plans to expand its hospitality portfolio in Malaysia to 20 hotels over the next eight years.
20d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia concluded the week on a stronger note, with the benchmark index reaching a more than six-year high due to continued buying of blue-chip stocks, aligning with the performance of stronger regional markets.
21d ago
KUALA LUMPUR, Jan 9 (Bernama) -- The signing of three partnerships between EXIM Bank Malaysia and Turkish companies has further reinforced bilateral trade and investment collaboration, while supporting the international expansion of Malaysian companies in line with Malaysia’s broader industrial and trade diversification objectives.
21d ago
KUALA LUMPUR, Jan 9 (Bernama) -- KKB Engineering Bhd’s subsidiary OceanMight Sdn Bhd has bagged an award from Petronas Carigali Sdn Bhd for the provision of minor engineering, procurement, and construction (EPC) of a fixed offshore structure and “host tie-in” at Erb West for the Belud South Greenfield development project worth RM212 million.
21d ago
KUALA LUMPUR, Jan 9 (Bernama) -- The utilities sector remains a key beneficiary of Malaysia’s accelerating data centre roll-out, underpinned by resilient electricity demand growth and long-term recurring income streams.
21d ago
From Nur Aiman Najwa Dzamae
JAKARTA, Jan 8 (Bernama) -- Globaltec Formation Bhd’s 70 per cent-owned subsidiary NuEnergy Gas Ltd expects its coalbed methane (CBM) venture in Indonesia to yield its first revenue of about US$2 million (US$1=RM4.05) this year, driven by initial gas production from the Tanjung Enim Plan of Development 1 (POD 1) in South Sumatra.
21d ago
From Muhammad Saufee Rosman
ISTANBUL, Jan 8 (Bernama) -- Malaysia and Turkiye have agreed to strengthen cooperation in strategic industries by leveraging their respective strengths in the defence, energy and high-technology sectors, said Datuk Seri Anwar Ibrahim.
21d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia’s benchmark index closed lower on Thursday amid profit-taking in big-cap stocks, as investors shifted their focus to smaller-cap counters against the backdrop of weaker regional market performance.
22d ago
MELAKA, 8 Jan (Bernama) -- Melaka is strengthening its position as a regional maritime hub with an official visit to Desan Shipyard in Istanbul, Turkiye, to finalise a strategic partnership for the ‘Enrique of Malacca Shipyard’, a modern RM1.8 billion facility to be developed in the Melaka Waterfront Economic Zone.
22d ago
KUALA LUMPUR, Jan 7 (Bernama) -- Klang Valley property market performance for this year will be mainly driven by well-located, high-quality assets that meet changing work, shopping and travel needs, according to CBRE WTW Valuation and Advisory Sdn Bhd.