8m ago
KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.
8m ago
KUALA LUMPUR, March 28 (Bernama) -- HI Mobility Bhd said it is optimistic that its contract will be extended in the Bas Muafakat Johor (BMJ) initiative that is due to end this month.
9m ago
KUALA LUMPUR, March 27 (Bernama) -- KPJ Healthcare Bhd’s wholly owned subsidiaries entered into two separate conditional sale and purchase agreements to dispose of properties to Al-’Aqar Healthcare REIT for RM241 million.
9m ago
KUALA LUMPUR, March 26 (Bernama) -- The electrical and electronic (E&E) sector is expected to grow this year, driven by the rising demand for high-precision electronic components, said Chemlite Innovation Bhd.
9m ago
KUALA LUMPUR, March 24 (Bernama) -- More than 14,000 small and medium enterprises (SMEs), microenterprises, start-ups, and the low-income group grew in line with higher approval rates under development financial institutions (DFI) financing in 2024, said Bank Negara Malaysia (BNM) today.
9m ago
KUALA LUMPUR, March 24 (Bernama) -- Stress tests conducted by Bank Negara Malaysia (BNM) affirmed that banks’ capital buffers are sufficient to absorb a potential increase in credit losses from the business sector under adverse stress scenarios.
9m ago
KUALA LUMPUR, March 19 (Bernama) -- PEOPLElogy Bhd has signed an underwriting agreement with Kenanga Investment Bank Bhd for its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia.
9m ago
KUALA LUMPUR, March 5 (Bernama) -- AmBank (M) Bhd has granted financing facilities to Worldwide Stainless Sdn Bhd, an affiliate of Yankong Group, for the acquisition of Bahru Stainless Sdn Bhd from Spain's Acerinox S.A. for RM1.06 billion.
9m ago
IPOH, March 3 (Bernama) -- Green Excel Manufacturing Sdn Bhd (GEM) launched its state-of-the-art manufacturing facility in Taiping on March 1, reaffirming its commitment to innovation, quality, and the growth of its global and local operations.
9m ago
KUALA LUMPUR, Feb 28 (Bernama) -- MBSB Group has launched its Commercial Banking Centre at the head office of the Malaysia External Trade Development Corporation (MATRADE) here, further strengthening its commitment to supporting small and medium enterprises (SMEs) and mid-sized companies, particularly those expanding into international markets.
10m ago
KUALA LUMPUR, Feb 27 (Bernama) -- KNM Group Bhd, through wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS), has entered into a conditional sale, purchase and transfer agreement with Japan-based NGK Insulators Ltd for the proposed disposal of its entire equity interest in Deutsche KNM GmbH (DKNM) for 270 million euros (about RM1.24 billion).
10m ago
KUALA LUMPUR, Feb 26 (Bernama) -- Guan Chong Bhd’s net profit surged to RM429.18 million in the financial year ended Dec 31, 2024 (FY2024) compared with RM100.93 million in the preceding year partly due to higher selling prices of cocoa products.