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KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.
KUALA LUMPUR, Feb 7 (Bernama) -- Kinergy Advancement Bhd (KAB) is venturing into the Independent Power Producer (IPP) sector with the acquisition of a 47.5 per cent stake in Jati Cakerawala Sdn Bhd, a wholly-owned subsidiary of Pesaka Ventures Sdn Bhd (PVSB), for RM35 million.
KUALA LUMPUR, Feb 3 (Bernama) -- Salcon Bhd’s indirect unit Mentari Kamuning Sdn Bhd (MKSB) has signed a new enhanced dispatch agreement (NEDA) connection agreement with Tenaga Nasional Bhd (TNB).
KUALA LUMPUR, Jan 23 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has maintained its forecast for the overnight policy rate (OPR) at 3.00 per cent this year to support domestic growth amid external headwinds.
From D.Arul Rajoo
LONDON, Jan 18 (Bernama) – Malaysia can expect an increase in investment and trade with the United Kingdom (UK) as both countries will have a free trade agreement for the first time through the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
By D.Arul Rajoo
LONDON, Jan 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to the United Kingdom (UK) has successfully attracted RM11 billion in potential investments across various sectors, including renewable energy and the digital economy.
KUALA LUMPUR, Jan 10 (Bernama) -- TNB Western Energy Bhd (TNB WE), an indirect wholly owned subsidiary of Tenaga Nasional Bhd (TNB) via TNB Manjung Five Sdn Bhd, has filed a judicial review at the High Court of Malaysia to challenge a RM291.55 million tax assessment for the 2018 assessment year.
KUALA LUMPUR, Dec 30 (Bernama) -- Renewable energy (RE) solutions provider Samaiden Group Bhd’s (Samaiden) wholly-owned subsidiary, Samaiden Sdn Bhd (SSB), has been shortlisted for the development of a 99.99-megawatt (MW) large scale solar photovoltaic (PV) plant in Pasir Mas, Kelantan.
KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia ended the morning session on a positive note, lifted by sustained buying in selected heavyweights amid year-end window-dressing activities.
KUALA LUMPUR, Dec 30 (Bernama) -- Rising electricity costs and corporate requirements to report energy-saving initiatives are set to accelerate solar adoption in 2025, driving solar engineering, procurement, construction and commissioning (EPCC) players' order books to all-time highs.
