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Masdar Secures ‘AA-’ Rating From S&P, Strengthens Global Clean Energy Role

KUALA LUMPUR, Aug 22 (Bernama) -- Masdar, also known as the Abu Dhabi Future Energy Company PJSC, has been assigned an ‘AA-’ credit rating with a stable outlook by S&P Global Ratings, bolstering its standing as one of the world’s most financially sound renewable energy companies.

UOB Malaysia Supports Launch Of FMM House's RM3 Bln Asean Green MTN Programme

KUALA LUMPUR, Aug 21 (Bernama) -- United Overseas Bank (Malaysia) Bhd (UOB Malaysia) is supporting FMM House Sdn Bhd in launching its RM3 billion ASEAN Green Medium Term Notes (MTN) Programme, an initiative aimed at advancing sustainable development in Malaysia’s logistics infrastructure.

E&O Unit To Sell London Land For RM427.8 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Eastern & Oriental Bhd’s (E&O) indirect wholly-owned subsidiary, Hammersmith Properties Ltd, has proposed to dispose of two freehold land parcels in Hammersmith, London, to Varsity Capital 1 Propco Ltd for a minimum cash consideration of £75 million or RM427.8 million (£1 = RM5.7040).

Eco World Establishes RM2.0 Bln Rated Perpetual Sukuk Wakalah Programme

KUALA LUMPUR, Aug 20 (Bernama) -- Eco World Development Group Bhd’s wholly-owned subsidiary, Eco World Perpetual Capital Bhd, has established a rated Perpetual Sukuk Wakalah Programme with a nominal value of RM2.0 billion.

ACE Market-bound Express Powerr To Raise RM36.0 Mln From IPO

KUALA LUMPUR, Aug 20 (Bernama) -- Generator rental services provider Express Powerr Solutions (M) Bhd which is en route to be listed on the ACE Market of Bursa Malaysia on Sept 24, 2025, is expected to raise RM36.0 million through its upcoming initial public offering (IPO).

Cypark Secures Islamic Financing Facilities Of Up To RM1.3 Bln From MBSB Bank

KUALA LUMPUR, Aug 19 (Bernama) -- Cypark Resources Bhd (Cypark) and its wholly-owned subsidiary Cypark Smart Technology Sdn Bhd have secured Islamic financing facilities worth up to RM1.3 billion from MBSB Bank Bhd.

Johor Plantations Issues RM200 Mln Sustainability Sukuk Wakalah-IMTN

KUALA LUMPUR, Aug 15 (Bernama) -- Johor Plantations Group Bhd (JPG) has issued Series 2 Sukuk Wakalah-Islamic Medium Term Notes Programme (IMTN), its inaugural Sustainability Sukuk Wakalah-IMTN, in aggregate of RM200 million in nominal value under the IMTN programme.

Takaful Malaysia Proposes RM1 Bln Tier 2 Subordinated Sukuk Programme

KUALA LUMPUR, Aug 14 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) has proposed the establishment of a Tier 2 subordinated sukuk programme of up to RM1 billion in nominal value based on the shariah principle of wakalah bi al-istithmar.

Avangaad Signs Agreement To Sell FSO Vessel For US$10.5 Mln

KUALA LUMPUR, Aug 13 (Bernama) -- Avangaad Bhd has signed a memorandum of agreement to sell its floating storage and offloading (FSO) vessel, FOIS Nautica Tembikai, to MTC Energy Sdn Bhd for US$10.5 million (RM44.5 million).

MRL, CCCC Ink Supplementary Agreement 7, Complete ECRL To Westports, Northport

PUTRAJAYA, Aug 7 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) has signed the supplementary agreement 7 (SA7) with the East Coast Rail Link (ECRL) project contractor for the connection from the last station at Jalan Kastam, Port Klang, to Westports and Northport (Section D).

Pixelvest Fined RM3 Mln, Director Jailed For Unlicensed Capital Market Activities

KUALA LUMPUR, Aug 4 (Bernama) -- The Sessions Court has fined Pixelvest Sdn Bhd RM3 million and sentenced its director Dexter Ang Jen Chuen to three years imprisonment for offences relating to unlicensed capital market activities.

Chin Hin To Dispose Of Metex Steel For RM70 Mln

KUALA LUMPUR, July 31 (Bernama) -- Chin Hin Group Bhd is disposing its entire equity interest in Metex Steel Sdn Bhd comprising 50 million ordinary shares to EC Excel Wire Sdn Bhd for RM70 million cash.