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Reach Ten To Raise RM104 Mln From IPO To Expand Telecom Infrastructure

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.

ASEAN Power Grid Vision Needs US$764 Bln For Power Generation, Transmission Infrastructure - ASEAN Sec-Gen

By Zufazlin Baharuddin

KUALA LUMPUR, April 9 (Bernama) -- ASEAN Power Grid (APG) vision requires an estimated investment of US$764 billion (US$1 = RM4.49) for power generation and transmission infrastructure, said ASEAN secretary- general Dr Kao Kim Hourn.

ASEAN Is Durable And Time-Tested - PM Anwar

KUALA LUMPUR, April 8 (Bernama) -- ASEAN's strength lies not in drama, but in its durability having withstood wars, crises and coups over nearly six decades since the region’s establishment in 1967, and together, has what it takes to tackle Washington's move to impose debilitating tariffs that saw global markets taking a rout.

In instilling much-needed confidence for the region, Prime Minister, Datuk Seri Anwar Ibrahim said ASEAN, which Malaysia is now Chair, has always moved forward, even if it is was “only by inches, often frustratingly, but forward nonetheless."

 

YTL Communications Partners Equinix, Transcelestial To Enhance Connectivity, AI Capabiliities

KUALA LUMPUR, March 25 (Bernama) -- YTL Communications Sdn Bhd has inked two memorandums of understanding (MOUs) with Equinix Inc and Transcelestial to bring cutting-edge technology solutions to businesses in Malaysia by enhancing connectivity and artificial intelligence (AI) capabilities across the nation.

Teledyne Unveils Tetra Line Scan Camera For Cost-sensitive Applications

KUALA LUMPUR, March 21 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company and global leader in machine vision, has unveiled the new Tetra line scan camera family for cost-sensitive applications.

SC: 21 Offers Of Takeovers And Mergers Worth RM18.22 Bln Cleared In 2024

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) cleared 21 offer documents worth RM18.22 billion for takeovers and mergers in 2024 compared with 10 offers with total offer value of RM5.53 billion in 2023.

Hytera Inks MoU With Cable & Wireless Seychelles To Drive Digital Transformation

KUALA LUMPUR, March 5 (Bernama) -- Hytera Communications, a professional communications technologies and solutions provider, has signed a Memorandum of Understanding (MoU) with telecommunications provider, Cable & Wireless Seychelles (CWS) to drive digital transformation across Seychelles’ enterprises and government sectors.

TM Net Profit Rises 7.8 Pct To RM2 Bln, Declares 2nd Interim And Special Dividends 

KUALA LUMPUR, Feb 25 (Bernama) -- Telekom Malaysia Bhd’s (TM) net profit rose 7.8 per cent to RM2.01 billion for the financial year ended Dec 31, 2024 (FY2024) from RM1.87 billion recorded a year ago, due to lower net finance costs and the recognition of remaining one-off tax credits.

SeRenE, Megamas Resources Partner To Establish Semarak MIS JV

KUALA LUMPUR, Feb 21 (Bernama) -- Semarak Renewable Energy Sdn Bhd (SeRenE) has inked a memorandum of agreement (MoA) with Megamas Resources, a Singapore-based marine and offshore services provider, to establish a new joint venture company, Semarak MIS Sdn Bhd. 

Southern Cable Secures Contracts Worth RM403.6 Mln From TNB

KUALA LUMPUR, Feb 19 (Bernama) -- Southern Cable Group Bhd's unit Southern Cable Sdn Bhd has secured contracts totalling RM403.6 million from Tenaga Nasional Bhd (TNB) to supply underground cables and conductors for one year from February 2025. 

Bursa Malaysia Opens Easier Amid Cautious Sentiment

KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia trended lower in early trade today, weighed down by a lack of fresh catalysts and cautious sentiment as traders assess the prevailing trade tensions and inflationary headwinds.

Bursa Malaysia Opens Marginally Lower, Hot US Inflation Reading Weighs

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia was marginally lower in early trade Thursday as investors reacted to the hotter-than-expected US inflation data, which is expected to prevent the Federal Reserve from easing interest rate.