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AM Best Revises Hong Kong’s Min Xin Insurance Outlook To Positive

KUALA LUMPUR, Dec 22 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) of Hong Kong’s Min Xin Insurance Company Limited (MXIC).

PHB Positions Bumiputera Participation In Real Estate As Nation-building Catalyst

KUALA LUMPUR, Dec 22 (Bernama) -- Expanding bumiputera participation in commercial real estate is an important lever in Malaysia’s nation-building agenda, with Pelaburan Hartanah Bhd (PHB) acting as a key institutional platform to drive wealth creation and economic growth.

Bursa Malaysia Holds Firm On Valuations, Earnings Recovery Amid Global Turbulence

KUALA LUMPUR, Dec 21 (Bernama) -- Malaysia’s stock market rebounded and held steady towards year-end, underpinned by attractive valuations and a gradual earnings recovery, despite a turbulent global backdrop precipitated by US-imposed tariffs and a prolonged government shutdown that weighed on investor sentiment.

Malakoff Subsidiary Enters Into 21-Year PPA With TNB For Perak Solar Project

KUALA LUMPUR, Dec 19 (Bernama) -- Malakoff Corporation Bhd said its 80 per cent-owned subsidiary, Malakoff Silver Solar Sdn Bhd (MSSSB), has entered into a 21-year power purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) for a 470-megawatt alternating current (MWac) solar photovoltaic project in Perak.

Gadang Unit Signs Large Scale Solar Photovoltaic PPA With Sabah Electricity

KUALA LUMPUR, Dec 18 (Bernama) -- Gadang Holdings Bhd announced that its 60 per cent-owned subsidiary Tenaga Aspirasi Sdn Bhd (SPP) today signed a large scale solar photovoltaic power purchase agreement (PPA) with Sabah Electricity Sdn Bhd. 

Aneka Jaringan Unit Bags RM31.16 Mln Substructure Contract In Penang

KUALA LUMPUR, Dec 18 (Bernama) -- Aneka Jaringan Holdings Bhd's (Aneka) wholly-owned subsidiary, Aneka Jaringan Sdn Bhd (AJSB), has bagged a RM31.16 million contract from BYG Architecture Sdn Bhd for and on behalf of Exsim Waterfront Sdn Bhd.

MarketAxess Exceeds US$1 Trillion In Emerging Markets Trading

KUALA LUMPUR, Dec 18 (Bernama) -- MarketAxess Holdings Inc announced it has surpassed US$1 trillion in traded volume this year in emerging markets (EM) debt, underscoring sustained growth in electronic fixed-income trading. (US$1=RM4.07)

Bursa Malaysia Closes Higher For Fourth Consecutive Session

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia extended its positive performance, closing higher for a fourth consecutive session, supported by improving local market sentiment underpinned by a firm domestic macroeconomic backdrop.

Johari Ghani Brings Extensive Corporate, Finance Experience As Investment, Trade And Industry Minister

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 16 (Bernama) -- Datuk Seri Johari Abdul Ghani, 61, the newly appointed Minister of Investment, Trade and Industry, is a seasoned politician who is expected to bring his extensive corporate and financial experience to his new portfolio.

Independent Assessors To Submit Reports On Aerotrain by Mid-January 2026 -- Malaysia Airports

KUALA LUMPUR, Dec 16 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) today announced that two independent assessors, Alstom and IJMC-PESTECH which review the Aerotrain’s design, installation, operations and maintenance, are expected to submit their consolidated reports by mid-January 2026. 

Perma-Pipe Q3 Net Income Soars 152 Pct, Revenue Hits US$61.1 Mln

KUALA LUMPUR, Dec 16 (Bernama) -- Perma-Pipe International Holdings Inc has reported a 152 per cent surge in third-quarter (Q3) net income to US$6.3 million, fuelled by higher sales volumes and improved project execution. (US$1=RM4.08)

Poh Kong's 1Q FY2026 Net Profit Rises To RM39.6 Mln On Strong Gold Prices

KUALA LUMPUR, Dec 15 (Bernama) -- Poh Kong Holdings Bhd’s net profit for the first quarter of the financial year 2026, ended Oct 31, 2025 (1Q FY2026), increased to RM39.61 million from RM21.34 million in the same quarter last year.