KUALA LUMPUR, Jan 29 (Bernama) -- WTK Holdings Bhd has received unanimous shareholders’ approval to acquire equity interests in three companies from related party WTK Realty Sdn Bhd for RM555 million.
KUALA LUMPUR, Jan 12 (Bernama) -- Vantris Energy Bhd’s indirect wholly-owned subsidiary, Sapura Nautical Power Pte Ltd, will divest its 40 per cent equity interest in L&T-Sapura Shipping Pvt Ltd to its India-based joint venture partner Larsen &Toubro Ltd for a total disposal consideration of US$30.5 million (US$1 = RM4.05).
KUALA LUMPUR, Nov 14 (Bernama) -- Mitsubishi Electric has agreed to transfer several key motor and industrial equipment businesses to EBARA Corporation, which marks a major reorganisation of its manufacturing portfolio.
KUALA LUMPUR, Nov 3 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (Lendlease REIT), announced that the condition precedent for the divestment of the Jem office component has been fulfilled, with completion expected by Nov 12.
KUALA LUMPUR, Sept 3 (Bernama) -- Tropicana Corporation Bhd has redeemed another tranche of the sukuk wakalah programme worth RM100 million due today.
KUALA LUMPUR, Aug 13 (Bernama) -- Avangaad Bhd has signed a memorandum of agreement to sell its floating storage and offloading (FSO) vessel, FOIS Nautica Tembikai, to MTC Energy Sdn Bhd for US$10.5 million (RM44.5 million).
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.
KUALA LUMPUR, July 29 (Bernama) -- Paramount Corporation Bhd, through its wholly owned subsidiary Venice Concepts Sdn Bhd, has proposed to acquire a 28 per cent equity interest in Envictus International Holdings Ltd from JAG Capital Holdings Sdn Bhd for S$38.33 million (RM126.32 million).
KUALA LUMPUR, July 11 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) maintained a positive earnings forecast on Axiata Group Bhd and reiterated a ‘Buy’ call on Axiata with an unchanged target price of RM2.90 per share.
By Kamarul Ariffin Md Yasin & Siti Nurhana Shafirah Mat Nazir
KUALA LUMPUR, June 19 (Bernama) -- Petroliam Nasional Bhd (Petronas) must face new demands in the energy transition era to remain relevant amid current economic uncertainties and geopolitical tensions.
KUALA LUMPUR, June 11 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves rose by US$0.9 billion in May 2025, lifted by sustained foreign capital inflows, with ringgit reserves reaching a nine-month high, said Kenanga Investment Bank (IB) Bhd.
KUALA LUMPUR, June 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada.
