KUALA LUMPUR, April 22 (Bernama) -- The public portion of Sarawak-based telecommunications company Reach Ten Holdings Bhd's initial public offering (IPO) has been oversubscribed by 1.85 times, ahead of its scheduled listing on the Main Market of Bursa Malaysia on May 2, 2025.
KUALA LUMPUR, April 9 (Bernama) -- Sarawak-based telecommunications provider Reach Ten Holdings Bhd is set to raise RM104 million through its initial public offering (IPO) ahead of its planned Main Market listing on May 2, 2025.
PUTRAJAYA, March 30 (Bernama) -- Economic uncertainty is shaping Malaysians' spending habits this festive season, with consumers adopting a cautious approach despite stable economic conditions.
PERTH, March 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is set to finalise the airline carriers - local or international carriers - taking over the available slots at Subang Airports (SZB) soon, following AirAsia’s move to consolidate its operations to KL International Airport (KLIA).
KUALA LUMPUR, March 24 (Bernama) -- The Dewan Negara today passed the Supplementary Supply Bill (2024) 2025 authorising additional expenditure of RM20.19 billion from the Consolidated Fund for government services.
KUALA LUMPUR, March 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent), the long-term issuer credit rating of “a-” (Excellent) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of PVI Insurance Corporation (PVI Insurance), with a stable outlook.
Assets under management (AUM) of the investment management industry continued its upward trajectory, reaching RM1.07 trillion as of Dec 31, 2024, up from RM975.48 billion in 2023.
KUALA LUMPUR, March 14 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is confident SMRT Holdings Bhd is on track to fully eliminate accumulated losses and shift to retained earnings, positioning it for a transfer to the Main Market with stronger earnings expected in financial year 2025 (FY2025).
KUALA LUMPUR, March 13 (Bernama) -- Total contributions to the i-Saraan programme, a voluntary scheme under the Employees Provident Fund (EPF), amounted to RM2.6 billion in 2024, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 11 (Bernama) -- The 25 per cent increase in the capitation grant to state governments, amounting to RM548 million effective 2026, is a significant step towards supporting state budgets.
By Abdul Hamid A. Rahman
KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.
KOTA BHARU, March 6 (Bernama) -- As part of efforts to eradicate poverty, Agrobank, through its Hijrah Asnaf programme, is providing opportunities for the asnaf and B40 groups to enhance their standard of living by venturing into agro-based industries and downstream agriculture and aquaculture products.
