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KUALA LUMPUR, March 26 (Bernama) -- Axiata Group Bhd and Sinar Mas announced that shareholders of PT XL Axiata Tbk, PT Smartfren Telecom Tbk, and PT Smart Telcom (SmartTel) have formally approved the merger of the three companies into XLSMART.
BANGKOK, March 25 (Bernama) -- Amata Corporation PCL, Thailand's leading industrial estate developer, expects a 15 per cent increase in industrial land sales in 2025, driven by its new project in Laos and sustained investor demand in Thailand and Vietnam.
KUALA LUMPUR, March 25 (Bernama) -- Malaysia should seize the opportunity to differentiate itself positively in political and policy stability among emerging markets (EMs) by accelerating foreign and domestic direct investment, leveraging a broadly favourable global backdrop.
KUALA LUMPUR, March 24 (Bernama) -- Foreign investors remained net sellers across eight Asian markets, with total outflows reaching US$564.9 million last week.
KUALA LUMPUR, March 14 (Bernama) -- Pertama Digital Bhd has proposed to acquire two companies which provide installation, maintenance, management and supporting services for surveillance and technologies systems as part of the group’s long-term business strategy and proposed regularisation plan.
KUALA LUMPUR, March 4 (Bernama) — The Malaysian capital market’s average daily value (ADV) growth rose by more than 50 per cent to RM3.15 billion in 2024 from RM2.06 billion in 2023 underscores investor confidence and interest, according to Second Finance Minister Senator Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Feb 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit hit RM10.09 billion in the financial year ended Dec 31, 2024 (FY2024), 7.9 per cent higher than RM9.35 billion recorded in FY2023.
KUALA LUMPUR, Feb 26 (Bernama) -- Public Bank Bhd’s net profit rose by 7.5 pct to RM7.15 billion in the financial year ended Dec 31, 2024 (FY2024) compared with RM6.65 billion in FY2023, due to the reversal of over-provision of tax in the prior years.
KUALA LUMPUR, Feb 25 (Bernama) -- Eco World Development Group Bhd’s (EcoWorld Malaysia) wholly-owned subsidiary, Paragon Pinnacle Sdn Bhd, has entered into a conditional sale and purchase agreement with Pearl Computing Malaysia Sdn Bhd for the disposal of a 23.55-hectare leasehold industrial land in Eco Business Park V for RM266.14 million cash.
By Kisho Kumari Sucedaram
KUALA LUMPUR, Feb 24 (Bernama) – Tomorrow will be a watershed moment for Malaysia Airports Holdings Bhd (MAHB) as it will be delisted from Bursa Malaysia following its successful privatisation exercise by the Gateway Development Alliance (GDA) consortium.
KUALA LUMPUR, Feb 20 (Bernama) -- YTL Corporation Bhd’s (YTL Corp) net profit declined slightly to RM580 million in the second quarter (2Q) ended Dec 31, 2024, from RM589.22 million a year earlier due to a weaker performance by the utilities segment.
KUALA LUMPUR, Feb 13 (Bernama) -- Dialog Group Bhd recorded a net loss of RM129.49 million in the second quarter ended Dec 31, 2024, compared to a net profit of RM148.288 million in the corresponding period in 2023.
