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KUALA LUMPUR, Feb 26 (Bernama) -- Multiply Group PJSC, the Abu Dhabi-based investment holding company, has agreed to invest in Castellano Investments S.À R.L., securing a controlling 67.91 per cent stake in the company, which owns Tendam Brands S.A.U. and other subsidiaries.
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KUALA LUMPUR, Feb 26 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) has signed an RM18.5 million Tawarruq Financing Facility agreement with Firma Atasan Sdn Bhd to support the first phase of the Juru Hills Affordable Housing Project in Penang.
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KUALA LUMPUR, Feb 25 (Bernama) -- Affin Bank Bhd’s net profit increased 26.7 per cent to RM509.70 million for the financial year ended Dec 31, 2024 (FY2024) from RM402.19 million in the preceding year due to a higher income as well as higher write-back of credit impairment losses by RM229.6 million.
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By Karina Imran
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia extended its losses for a second straight day today, in tandem with the weak regional market performance following negative cues from global equities, said an analyst.
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HANOI, Feb 25 (Bernama) -- Bilateral trade between Malaysia and Vietnam last year jumped 4.4 per cent to US$18.14 billion (RM83.11 billion) from US$17.38 billion recorded in 2023, indicating improved trade activities between the two ASEAN member countries.
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SEPANG, Feb 24 (Bernama) -- The establishment of AirBorneo, backed by the Sarawak government, is poised to strengthen regional connectivity and enhance air travel options in Sabah and Sarawak, without disrupting the country’s existing aviation landscape, said Transport Minister Anthony Loke.
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PETALING JAYA, Feb 24 (Bernama) -- Sime Darby Bhd expects tough competition in its motors division this year due to an over supply of vehicles from China, according to group chief executive officer Datuk Jeffri Salim Davidson.
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By Karina Imran
KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia ended in negative territory on Monday after a lacklustre trading session in tandem with the downbeat performance in most regional markets.
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KUALA LUMPUR, Feb 24 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has been selected by Kyivstar, Ukraine's leading digital operator and part of VEON Group, to deliver enhanced Enterprise fixed and mobile connectivity for the operator’s business-to-business (B2B) customers.
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HANOI, Feb 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will undertake a working visit to Vietnam where he will also deliver a keynote address at the 2nd ASEAN Future Forum on Wednesday.
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KUCHING, Feb 24 (Bernama) -- Bintulu Port Holdings Berhad (BPHB) paid tribute to the media, which had been giving their unwavering support and cooperation in promoting its initiatives and highlighting its achievements throughout last year.
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PUTRAJAYA, Feb 23 (Bernama) – The Employees Provident Fund’s (EPF) encouraging performance for the third quarter of 2024 is expected to yield good returns for contributors.