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Kensana Health Secures US$120 Mln Investment Deal With GEM Ahead Of Planned Nasdaq Listing

KUALA LUMPUR, Sept 22 (Bernama) -- Kensana Health Inc (Kensana) announced it has inked a share subscription facility of up to US$120 million with Luxembourg-based alternative investment group GEM Global Yield LLC SCS (GEM), signalling a major financial boost as the company eyes a public listing. (US$1=RM4.20)

AM Best Affirms Credit Ratings Of Taiping Reinsurance, Subsidiary

KUALA LUMPUR, Sept 22 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of Hong Kong’s Taiping Reinsurance Company Limited (TPRe) and its wholly owned subsidiary, Taiping Reinsurance (China) Company Ltd (TPRe China).

MoneyHero Swings To Profit In Q2 2025 As AI, High-Margin Verticals Drive Turnaround

KUALA LUMPUR, Sept 22 (Bernama) -- MoneyHero Limited (MoneyHero), a personal finance aggregation and comparison platform, reported a net income of US$0.2 million for the second quarter (Q2) ended June 30, 2025 reversing a net loss of US$12.2 million in the same period last year. (US$1=RM4.20)

MIHAS 2025 Set To Achieve RM4.5 Bln Sales Target — MATRADE

KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysia International Halal Showcase (MIHAS) 2025 is set to achieve its RM4.5 billion sales target, based on the preliminary results from its flagship International Sourcing Programme (INSP), according to the Malaysia External Trade Development Corporation (MATRADE). 

AM Best Upgrades New Zealand’s Beneficial Insurance Issuer Credit Rating

KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has upgraded New Zealand’s Beneficial Insurance Limited (Beneficial) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good).

Ecoworld's Net Profit Rises To RM101.17 Mln In 3Q

KUALA LUMPUR, Sept 18 (Bernama) -- Eco World Development Group Bhd (EcoWorld) posted a higher net profit of RM101.17 million for the third quarter ended July 31, 2025 (3Q FY2025) compared to RM80.44 million for the same quarter a year ago.

Malaysia Leaving No Stone Unturned In Quest For New Markets For Trade, Investment - PM Anwar

KUALA LUMPUR, Sept 15 (Bernama) -- Malaysia is strengthening its commitment to multilateralism by opening up more markets through trade and investment partnerships, Prime Minister Datuk Seri Anwar Ibrahim said.

Gamuda JV emerges As Highest Bidder For SGD 1.01 Bln Singapore HDB Project

KUALA LUMPUR, Sept 11 (Bernama) -- Gamuda Bhd’s wholly-owned subsidiary, Gamuda (Singapore) Pte Ltd, together with its joint venture partners, Evia MCS Pte Ltd and H108 Pte Ltd, has emerged as the highest bidder for a Housing and Development Board (HDB) project in Singapore.

Veritas Closes US$14.4 Bln Fund IX, Capping Strong Demand Amid Tough Market

KUALA LUMPUR, Sept 11 (Bernama) -- Veritas Capital (Veritas), an investor at the intersection of technology and government, has announced the final close of The Veritas Capital Fund IX (Fund IX) with US$14.4 billion in aggregate capital commitments. (US$1=RM4.20)

iManage Sees 168 Pct Growth In New Cloud Users Across Asia 

KUALA LUMPUR, Sept 10 (Bernama) -- Global leader in knowledge management for legal professionals iManage has reported a 168 per cent year-on-year increase in new cloud users across Asia.

WTK Plans To Acquire 3 Companies In RM555 Mln Oil Palm Expansion Plan

KUALA LUMPUR, Sept 4 (Bernama) -- WTK Holdings Bhd and its wholly-owned subsidiary, BioPalm Venture Sdn Bhd, are mulling several acquisitions worth RM555 million.

Malaysia Aims To Diversify Supply Chains In Semiconductor Sector -- Liew

KUALA LUMPUR, Sept 4 (Bernama) -- Malaysia aims to diversify supply chains in the semiconductor sector to ensure that foreign and local investments remain strong and resilient, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.