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Northstar To Join JTB Corp In Strategic Acquisition Deal

KUALA LUMPUR, Aug 29 (Bernama) -- Northstar Travel Group (Northstar), a powerhouse in business-to-business (B2B) travel industry events, media, and information services, is set to be acquired by JTB Corp, one of Japan’s leading travel solutions providers.

FGV Delisting Gives Felda Greater Latitude To Focus On Settlers' Returns, Shareholder Value

KUALA LUMPUR, Aug 27 (Bernama) – FGV Holdings Bhd will be delisted from Bursa Malaysia tomorrow, a move that will give greater latitude to one of the world’s largest crude palm oil producers to strategise and focus mainly on providing greater returns to settlers and value to shareholders.

Public Bank 2Q Net Profit Slips To RM1.76 Bln Due To Lower Non-Taxable Income Effect

KUALA LUMPUR, Aug 26 (Bernama) -- Public Bank Bhd registers a slightly lower net profit of RM1.76 billion for the second quarter ended June 30, compared to RM1.78 billion recorded in the same period last year, due to the effect of lower non-taxable income in the current year.

EPB Group Announces Partnerships With Shenzhen Honglin, Nidec

GEORGE TOWN, Aug 21 (Bernama) -- EPB Group Bhd, a one-stop food processing and packaging machinery solutions provider, has announced its partnership with Shenzhen Honglin Machinery Equipment Co Ltd to drive automation and market expansion across Southeast Asia 

Urusharta Jamaah Buys Solarvest Shares, Emerges As Substantial Shareholder With 5.08 Pct Stake

KUALA LUMPUR, Aug 20 (Bernama) -- Urusharta Jamaah Sdn Bhd, which is a special purpose vehicle under the Ministry of Finance (MOF), has acquired three million Solarvest Holdings Bhd’s ordinary shares, raising its stake to 5.08 per cent stake.

LFG Unit To Acquire Vessel For US$13.25 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) indirect wholly-owned subsidiary Kangsar Corporation Pte Ltd has entered into a memorandum of agreement to acquire a vessel MV Moana BAQ for a cash consideration of US$13.25 million (RM55.95 million). 

ACE Market-bound Express Powerr To Raise RM36.0 Mln From IPO

KUALA LUMPUR, Aug 20 (Bernama) -- Generator rental services provider Express Powerr Solutions (M) Bhd which is en route to be listed on the ACE Market of Bursa Malaysia on Sept 24, 2025, is expected to raise RM36.0 million through its upcoming initial public offering (IPO).

Trident Acquires 30 Pct Stake In Tongxin's Web 3.0 E-commerce Platform On Telegram

KUALA LUMPUR, Aug 19 (Bernama) -- Trident Digital Tech Holdings Ltd (Trident), a Singapore-based digital transformation company, has signed a sales and purchase agreement to acquire a 30 per cent equity stake in Tongxin Innovation Ltd (Tongxin).

SBC Medical Posts US$43 Mln Q2 Revenue, Net Income Falls 87 Pct

KUALA LUMPUR, Aug 15 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical) reported second-quarter (Q2) revenue of US$43 million, an 18 per cent year-over-year (YoY) decline, as the company continues to realign its business around higher-margin services and scalable growth. (US$1=RM4.21)

Sunway REIT Records Lower Net Profit For 2Q

KUALA LUMPUR, Aug 12 (Bernama) -- Sunway Real Estate Investment Trust (Sunway REIT) posted a lower net profit of RM129.35 million in the second quarter ended June 30, 2025 (2Q 2025), down from RM145.07 million year-on-year.

Mah Sing Acquires Corus Hotel Site For RM260 Mln

KUALA LUMPUR, Aug 7 (Bernama) -- The MUI Group and Mah Sing Group Bhd (Mah Sing) have inked a strategic agreement which saw the MUI Group divesting its prime 600.96-hectare freehold parcel of land in the heart of KLCC precinct to the latter for RM260 million.

Yinson Completes FPSO Atlanta Loan Buy-out From Brava For US$257.4 Mln

KUALA LUMPUR, Aug 6 (Bernama) -- Yinson Holdings Bhd's unit, Yinson Production, has completed the buy-out of the project loan related to the floating production storage and offloading (FPSO) vessel 'Atlanta' from Brava Energia S.A. for a total cash consideration of approximately US$257.4 million, including accrued interest.