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AM Best Affirms NongHyup P&C Ratings; Outlook Stable

KUALA LUMPUR, Nov 24 (Bernama) -- AM Best has affirmed South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C) financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent), with a stable outlook.

Mah Sing To Buy 1.129-Hectare Land In Setapak For RM44.50 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Mah Sing Group Bhd’s wholly owned subsidiary, Maxim Heights Sdn Bhd, plans to acquire a 1.129-hectare plot of leasehold land in Setapak for RM44.50 million from The Rampai Development Sdn Bhd.

Halagel Returns To Explore Indonesian Market, Eyes 60 Mln Consumers In Sumatra

JAKARTA, Nov 21 (Bernama) -- Halagel (M) Sdn Bhd has relaunched the distribution of its products in Kota Padang through a collaboration with Aciak Mart, one of the largest retail chains in West Sumatra.

Tune Protect, Ticket2U Offer Ticket Refund Protection, Sports PA In Indonesia

JAKARTA, Nov 20 (Bernama) -- Tune Protect Re (Tune Protect), a reinsurance subsidiary of Tune Protect Group Bhd, has extended its partnership with Ticket2U, a leading ticketing platform in Southeast Asia, to Indonesia with the launch of Ticket Refund Protection dan Sports Personal Accident (PA).

MSC Shares Rise Amid Rahman Hydraulic Suspension

KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia Smelting Corporation Bhd (MSC) shares rose 3.42 per cent in early trade, despite its 80 per cent-owned subsidiary, Rahman Hydraulic Tin Sdn Bhd, facing a three-week suspension following a recent water discolouration incident.

Nestcon, Wawasan Dengkil In JV To Develop 70MW Large-scale Solar Plant

KUALA LUMPUR,  Nov 19 (Bernama) -- Nestcon Bhd’s wholly-owned subsidiary Nestcon Infra Sdn Bhd (NISB), has entered into a shareholders agreement with Wawasan Dengkil Sdn Bhd (WDSB) and WDSolar Sdn Bhd (JV Co) to co-invest in JV Co and developing a 70-megawatt (MW) large-scale photovoltaic (PV) plant in Kedah.

PDT, SD Guthrie, Ecoworld To Develop Eco Business Park 8 In Kulai

 JOHOR BAHRU, 19 Nov (Bernama) -- Permodalan Darul Ta’zim Sdn Bhd (PDT), SD Guthrie Land Ventures Sdn Bhd (SDGLV) and Eco World Development Group Bhd (EcoWorld) have formed a strategic partnership to develop a major integrated industrial park in Kulai, Johor.

TDA Hands Over 64 ICP Projects Under Prasarana's RM11.37 Bln LRT3 Procurement

KUALA LUMPUR, Nov 18 (Bernama) -- Technology Depository Agency Bhd (TDA) has handed over 64 completed Light Rail Transit Line 3 (LRT3) Industrial Collaboration Programme (ICP) projects worth RM11.37 billion to Prasarana Malaysia Bhd.

SBC Medical To Acquire Waqoo, Boosting R&D And Clinical Services

KUALA LUMPUR, Nov 14 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical), a global provider of consulting and management services for medical corporations, announced that its Japanese subsidiary, SBC Medical Group Co Ltd, will launch a tender offer to acquire shares of Waqoo Inc, listed on the Tokyo Stock Exchange Growth Market.

Petronas Declares Commerciality Of Sloanea Field In Suriname Block 52

KUALA LUMPUR, Nov 14 (Bernama) -- National oil and gas company Petronas has announced that a natural gas project in Suriname has been deemed commercially viable. 

Eastern Pacific Industrial Corporation Bags Four Recognitions At 43rd MSOSH Awards

KUALA LUMPUR, Nov 14 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC) has won four prestigious recognitions at the 43rd Malaysia Society for Occupational Safety and Health (MSOSH) Occupational Safety and Health Awards, held at Putrajaya International Convention Centre.

Khazanah Invested Over RM4 Bln In Desaru Coast And Legoland Malaysia - MOF

KUALA LUMPUR, Nov 12 (Bernama) -- Khazanah Nasional Bhd, through its wholly owned subsidiary Destination Resorts and Hotels Sdn Bhd, has invested over RM4 billion in the development of Johor’s Desaru Coast and Legoland Malaysia Resort, according to the Ministry of Finance (MOF).