OM Holdings Sells 26 Pct Interest In NMPL For US$101.4 Mln

KUALA LUMPUR, May 13 (Bernama) -- OM Holdings Ltd’s (OMH) wholly owned subsidiary OMH (Mauritius) Corp (OM Mauritius) has entered into a conditional binding agreement with Exxaro Resources Ltd to sell its entire 26 per cent interest in Ntsimbintle Mining Proprietary Ltd (NMPL) for about US$101.4 million (US$1=RM4.32).

MCBA Signs MoUs With 20 Malaysian Associations To Explore Cambodian Market

KUALA LUMPUR, May 13 (Bernama) -- The Malaysia Cambodia Business Association (MCBA) today signed Memoranda of Understanding (MoUs) with 20 local Malaysian associations to explore overseas markets, beginning with Cambodia.

Malaysia, Arm Rev Up IC Design Capabilities For Local Companies Via Engagement Session

PUCHONG, May 6 (Bernama) -- The Malaysia Semiconductor IC Design Park, in collaboration with the semiconductor company Arm, today kicked off its engagement session with over 20 local companies in its effort to shift Malaysia towards front-end integrated circuit (IC) microchip design. 

New MAHB Shareholders Set To Drive Long-term Growth And Efficiency

KUALA LUMPUR, April 23 (Bernama) --  Malaysia Airports Holdings Bhd (MAHB) is undergoing a strategic transformation following its privatisation, with new shareholders focused on enhancing the passenger journey, remediating and revitalising infrastructure, and improving operational efficiency across the network.

HR Minister Urges Penang’s Tech Sector To Embrace Innovation And Reimagine Economic Future

GEORGE TOWN, April 21 (Bernama) -- Human Resources Minister Steven Sim Chee Keong has called on Penang’s semiconductor and advanced technology industries to reimagine the state’s future amid global economic uncertainty, urging a bold shift from a traditional manufacturing hub to a high-value, innovation-driven economy.

DP World To Expand In ASEAN To Support Shift In Chinese Offshore Manufacturing

By Harizah Hanim Mohamed

KUALA LUMPUR, April 20 (Bernama) – Multinational logistics company DP World is deepening its presence in ASEAN to capitalise on Southeast Asia’s emergence as a key offshore manufacturing base for Chinese companies.

RHB IB Maintains 'neutral' Recommendation On The Automotive Sector

KUALA LUMPUR 18 April (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained a 'neutral' recommendation for the automotive and automotive components sector.

MASwings Handover: Has No Financial Impact On MAG - Capt Izham

KUALA LUMPUR, April 17 (Bernama) -- The handover of MASwings to the Sarawak state government will not have any financial impact on the Malaysia Aviation Group’s (MAG) profit and loss (P&L) statement.  

HERE Technologies Debuts Software-defined Vehicle Solutions At Auto Shanghai 2025 

KUALA LUMPUR, April 16 (Bernama) -- HERE Technologies, the location data and technology platform, has announced its debut participation in Auto Shanghai 2025, one of the world’s premier automotive industry events.

Foreign Investors Shift To Safer Malaysian Assets Amid Market Volatility

KUALA LUMPUR, March 28 (Bernama) -- Volatile stock markets, driven by global economic uncertainties and shifting policies, have unsettled investors, prompting a shift towards domestic money market funds in search of stability.  

Velesto Proposes RM1.2 Bln capital Reduction To Strengthen Finances

KUALA LUMPUR, March 25 (Bernama) -- Velesto Energy Bhd has proposed a capital reduction of RM1.2 billion, which will be credited to the retained earnings or to set off against any accumulated losses of the company.

Madison International Realty Expands To South Korea, Appoints Jun Park As Head 

KUALA LUMPUR, March 25 (Bernama) -- Madison International Realty, a real estate private equity firm, has expanded its footprint in Asia with the appointment of Jun Park as Head of South Korea and the opening of its first office in the country.