24d ago
KUALA LUMPUR, April 7 (Bernama) -- Ekuiti Nasional Bhd (Ekuinas) has invested in a bumiputera manufacturer of sterile parenteral pharmaceutical products Ain Medicare Sdn Bhd via Ekuinas’ RM1 billion Tranche IV fund.
24d ago
KUALA LUMPUR, April 7 (Bernama) -- Share prices of IJM Corporation Bhd declined in early trade on Tuesday, while Sunway Bhd shares were marginally higher as Sunway’s conditional voluntary general offer (VGO) had lapsed after failing to meet the condition of securing over 50 per cent shareholders’ acceptance level in IJM.
24d ago
KUALA LUMPUR, April 6 (Bernama) -- Sunway Bhd’s takeover offer for IJM Corporation Bhd has lapsed after failing to meet more than 50 per cent of the voting shares, said Maybank Investment Bank Bhd (Maybank IB).
24d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 6 (Bernama) -- A Federation of Malaysian Manufacturers (FMM) survey found that 90 per cent of over 200 respondents expect supply chain disruptions within the next two weeks due to the West Asia conflict.
24d ago
LABUAN, April 6 (Bernama) -- Addressing regulatory gaps, infrastructure constraints, and talent shortages is critical to unlocking Labuan’s economic potential, with stakeholders calling for stronger coordination and faster policy execution to drive sustainable growth.
24d ago
KUALA LUMPUR, April 6 (Bernama) -- Geohan Corporation Bhd’s unit Geohan Sdn Bhd has secured two subcontract packages with a combined value of RM103 million for the New Pantai Highway Extension from IJM Construction Sdn Bhd.
24d ago
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia finished the morning session lower as continued volatility in global conditions was seen in the near term after US President Donald Trump gave Iran a 48-hour deadline to reopen the Strait of Hormuz.
26d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 4 (Bernama) -- The late Tun Dr Ling Liong Sik played a defining role in strengthening Malaysia's transport infrastructure, leaving behind a lasting legacy of seaports, airports, and logistics networks that continue to support the country’s competitiveness, industry players said.
27d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 4 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade cautiously next week, as markets anticipate that central banks will maintain aggressively hawkish stance due to rising energy-driven inflation.
27d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 3 (Bernama) – Malaysia has a relatively sufficient crude oil supply compared with other ASEAN countries, said national oil and gas company Petroliam Nasional Bhd (Petronas).
27d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).
28d ago
KUALA LUMPUR, April 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s CMB Wing Lung Insurance Company Limited (CMBWLI), with a stable outlook.