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SBS Nexus Inks Underwriting Agreement With M&A Securities For ACE Market IPO

KUALA LUMPUR, Nov 25 (Bernama) -- SBS Nexus has entered into an underwriting agreement with M&A Securities Sdn Bhd for the underwriting of 41.65 million new shares made available to the Malaysian public and eligible persons under pink form allocations for its upcoming initial public offering (IPO).

Malaysia Attracts US$759 Mln Investments In AI, Supporting Over 60 Start-ups

KUALA LUMPUR, Nov 25 (Bernama) -- Artificial intelligence (AI) has become a bright spot for Malaysia, attracting US$759 million in funding, supporting more than 60 local AI start-up companies from the second half of 2024 (2H 2024) to the first half of 2025, according to the 10th edition e-Conomy SEA Report 2025 by Google, Temasek and Bain & Company.

He Group Aims For Better Results Next Year On Rising Data Centre Demand

KUALA LUMPUR, Nov 21 (Bernama) -- Electrical engineering service provider HE Group Bhd aims to improve the group’s financial performance next year, driven by rising demand for data centres in Malaysia and optimism after its transfer to Bursa Malaysia’s Main Market today.

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).

Sime Darby Property On Track To Achieve Sales Target Of RM3.6 Bln, GDV Of RM4 Bln In FY2025

KUALA LUMPUR, Nov 20 (Bernama) -- Sime Darby Property Bhd is on track to achieve sales target of RM3.6 billion and gross development value (GDV) launches worth RM4 billion for the financial year 2025 (FY2025).

AWS, HUMAIN To Deploy 150,000 AI Accelerators In Saudi Arabia’s First AI Zone 

KUALA LUMPUR, Nov 20 (Bernama) -- Amazon Web Services Inc (AWS), an Amazon.com Inc company, and HUMAIN, a Public Investment Fund (PIF) company, announced plans to provide, deploy and manage up to 150,000 artificial intelligence (AI) accelerators in a new data centre facility known as an “AI Zone” in Riyadh.

Johor Capital Group Partners Hong Kong-Based Companies To Advance Digital Infrastructure

KUALA LUMPUR, Nov 20 (Bernama) -- Johor Capital Group (JCG) today signed two memoranda of understanding (MoUs) with Hong Kong-based HGC Global Communications Ltd (HGC) and Legan Group (Legan), to advance Malaysia’s ambition to become a regional hub for digital connectivity, data infrastructure and artificial intelligence (AI) innovation.

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.

MAHB Assures KLIA Aerotrain Reliability Fixes In Place Ahead Of VM2026

SEPANG, Nov 14 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) reaffirmed its commitment to strengthening the reliability of the Aerotrain system at Kuala Lumpur International Airport (KLIA), stressing that its comprehensive action plan (CAP) is designed to resolve all previously identified issues ahead of Visit Malaysia 2026 (VM2026).

Aerotrain Action Plan To Be Activated Tomorrow - MAHB

SEPANGNov 14 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) will activate a comprehensive action plan (CAP) starting tomorrow to enhance the reliability and resilience of the KL International Airport Aerotrain system, leveraging the remaining period of the defects liability period (DLP) to address system vulnerabilities through a structured, multi-stage approach.

SMEs Secure Over RM1.6 Bln Financing From OCBC Entrepreneur Programme

KUCHING, Nov 14 (Bernama) -- OCBC Malaysia said its Serial Entrepreneur Programme has gained strong momentum among small and medium enterprises (SMEs), having secured more than RM1.6 billion in approved financing since its pilot phase began just over a year ago.

Hong Leong Bank Expects Ringgit To Have Enough Legs To Continue Uptrend

KUALA LUMPUR, Nov 12 (Bernama) -- Hong Leong Bank Bhd (HLB) believes the ringgit has sufficient fundamental strength to continue its uptrend after the local note opened at 4.12 against the US dollar on Wednesday, its strongest level since Sept 30, 2024.