From Nur Aiman Najwa Dzamae
JAKARTA, Jan 8 (Bernama) -- Globaltec Formation Bhd’s 70 per cent-owned subsidiary NuEnergy Gas Ltd expects its coalbed methane (CBM) venture in Indonesia to yield its first revenue of about US$2 million (US$1=RM4.05) this year, driven by initial gas production from the Tanjung Enim Plan of Development 1 (POD 1) in South Sumatra.
KUALA LUMPUR, Jan 8 (Bernama) -- Capital A Bhd clarifies that Bursa Malaysia Securities Bhd’s decision not to approve its application for a time extension to complete share distribution has no material impact on the group’s ongoing corporate exercise.
KUALA LUMPUR, Jan 6 (Bernama) -- Capital A Bhd did not receive approval from Bursa Malaysia Securities Bhd for an extension of time to complete its proposed share distribution, but the distribution will still be implemented concurrently with the AirAsia X Bhd (AAX) private placement.
KUALA LUMPUR, Jan 6 (Bernama) -- Iskandar Waterfront City Bhd has obtained approval from Bursa Malaysia Securities Bhd for its proposed regularisation plan, which comprises a proposed debt settlement and a proposed capital reduction, to exit its affected listed issuer status.
KUALA LUMPUR, Jan 6 (Bernama) -- Helus Pharma, formerly Cybin Inc, marked its transition toward commercialisation as it began trading on the Nasdaq Global Market and Cboe Canada under the ticker symbol HELP, reflecting a strategic rebrand and corporate repositioning.
KUALA LUMPUR, Jan 2 (Bernama) -- Banks’ net interest margin (NIM) is anticipated to recover in the second half of 2026 (2H 2026), assuming the Overnight Policy Rate (OPR) remains stable at 2.75 per cent throughout the year, according to Kenanga Investment Bank Bhd (Kenanga IB).
KUALA LUMPUR, Dec 31 (Bernama) -- Capital A Bhd has sought Bursa Malaysia Securities’ approval to extend until Jan 19 2026 to complete its proposed share distribution.
KUALA LUMPUR, Dec 30 (Bernama) -- Cypark Resources Bhd’s wholly owned subsidiary Cypark Renewable Energy Sdn Bhd completed the early and full redemption of its outstanding Tranche 1 Perpetual Sukuk Musharakah amounting to RM235 million today.
TASEK GELUGOR, Dec 30 (Bernama) — The Penang Regional Development Authority (PERDA) plans to build 5,000 houses in Seberang Perai Utara over the next five years, with a development value exceeding RM1 billion for the people of Penang.
KUALA LUMPUR, Dec 29 (Bernama) -- Wuxiang New District of Nanning, the core zone of the "Nanning Channel" for China-ASEAN exchanges, is leveraging multiple national-level opening-up platforms and serving as a financial gateway orientated toward ASEAN.
KUALA LUMPUR, Dec 24 (Bernama) -- HARMAN International, a wholly owned subsidiary of Samsung Electronics Co Ltd, has entered into a definitive agreement to acquire the Advanced Driver Assistance Systems (ADAS) business of ZF Group for 1.5 billion euros, strengthening its position in the fast-evolving software-defined vehicle (SDV) market. (1 Euro = RM4.77)
KUALA LUMPUR, Dec 23 (Bernama) -- Hextar Global Bhd announced today that it has entered into conditional share sale agreements with Hextar Industries Bhd (HIB) and Hextar Fertiliser Group Sdn Bhd to acquire the entire equity interests in PK Fert Sdn Bhd (PKFT), PK Fertilizers Sdn Bhd (PKF), and Hextar Fert Sdn Bhd (HFT) for RM120 million.
