Sorrellicious Legacy Sets Sights On Southeast Asia With Dry Roselle Exports This Year

By Danni Haizal Danial Donald

KUALA LUMPUR, April 10 (Bernama) -- Sorellicious Legacy, a manufacturer of fresh roselle-based products operating in Klang, Selangor, aims to export dried roselle to the Southeast Asian market by the end of this year.

West River Launches IPO Prospectus, Aims To Raise RM27.9 Mln

KUALA LUMPUR, April 10 (Bernama) – West River Bhd, a provider of mechanical and electrical (M&E) engineering services, has launched its prospectus in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd scheduled on May 5, 2025. 

AmBank Grants RM307 Mln In Financing To Chin Hin Group For Infrastructure Projects

KUALA LUMPUR, April 10 (Bernama) -- AmBank Group has granted RM307 million in financing facilities to Chin Hin Group Bhd’s subsidiaries, Aricia Sdn Bhd and Makna Setia Sdn Bhd, to support several new property and infrastructure developments in the Klang Valley and Sabah and Sarawak.

Putra Heights Fire Sparks Production Disruptions, Financial Losses For 200 Factories

By Zufazlin Baharuddin

KUALA LUMPUR, April 5 (Bernama) -- The gas pipeline fire incident at Putra Heights has significantly impacted the operations of approximately 200 industrial facilities in the Klang Valley, spanning various manufacturing sub-sectors and company sizes.

Gas Malaysia Up 0.23 Pct In Late Morning

KUALA LUMPUR, April 2 (Bernama) -- The share price of Gas Malaysia Bhd was marginally higher late morning today following the Putra Heights gas pipeline inferno on Tuesday. 

Govt Allocates RM1.9 Bln For New Prasarana Buses - Amir Hamzah 

KUALA LUMPUR, March 27 (Bernama) -- The Finance Ministry has allocated RM1.9 billion to Prasarana Malaysia Bhd to buy 1,660 new diesel and electric buses in phases over a three-year period.

AME Elite To Sell 3 Industrial Properties In Johor For RM100.8 Mln To AME REIT

KUALA LUMPUR, March 24 (Bernama) -- AME Elite Consortium Bhd has proposed to sell three industrial properties in Johor, totalling 3.579 hectares, to AME Real Estate Investment Trust (AME REIT) for RM100.8 million in a related party transaction.

Malaysia's US Pizza To Open 42 New Outlets Nationwide This Year

KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s largest home-grown pizza chain US Pizza aims to open 42 new outlets nationwide this year to bolster its presence in the local market. 

Risks Remain Contained For Non-residential Property Sector Despite Office, Retail Challenges – BNM

KUALA LUMPUR, March 24 (Bernama) – Risks in the non-residential property (NRP) sector remained contained in the second half of 2024 despite continued challenges in the office space and shopping complex segments (OSSC), Bank Negara Malaysia (BNM) said in its Financial Stability Review released today.

Eco World Records Net Profit Of RM80.34 Mln In 1Q

KUALA LUMPUR, March 20 (Bernama) -- Eco World Development Group Bhd has recorded a net profit of RM80.34 million in the first quarter (1Q) ended Jan 31, 2025, from RM69.63 million in the same period last year.

Committed Funds In PE And VC Industry Totalled Rm24.7 Bln At End-2024

KUALA LUMPUR, March 20 (Bernama) -- Total committed funds under management in the Malaysian private equity (PE) and venture capital (VC) industry amounted to RM24.7 billion as at the end of 2024.

IOI Properties Unveils Bangi Fresco, Elevating Lifestyle In Klang Valley South

BANGI, March 20 (Bernama) -- IOI Properties Group Bhd (IOIPG) has unveiled Bangi Fresco, the next evolution of its signature Bandar Puteri Bangi township, further elevating the lifestyle landscape of Klang Valley South with a dynamic new retail hub.