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MACC Freezes Certain Bank Accounts of Padini, Subsidiaries Over Ongoing Probe

KUALA LUMPUR, April 24 (Bernama) -- The Malaysian Anti-Corruption Commission (MACC) has frozen certain bank accounts of Padini Holdings Bhd and its subsidiaries in connection with an ongoing investigation.

Manforce Group's Public Portion of IPO Oversubscribed By 3.47 Times

KUALA LUMPUR, April 24 (Bernama) -- Manforce Group Bhd's public portion of its initial public offering (IPO) has been oversubscribed by 3.47 times, in conjunction with its transfer of listing from the LEAP Market to the ACE Market of Bursa Malaysia.

Gold Futures End Week Lower, Tracking COMEX Performance

KUALA LUMPUR, April 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their losing streak to Friday, closing the week lower in line with the US COMEX market as elevated oil prices stoked concerns among traders.

Global Plastic Supply Disrupted, Govt Steps Up Efforts To Secure Additional Sources - Fadillah

KUALA LUMPUR, April 24 (Bernama) -- Global plastic supply is currently being affected by disruptions to oil and gas production, as well as uncertainties in the Strait of Hormuz, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

EcoWorld Unit Disposes Of Industrial Land In Johor For RM280.8 Mln

KUALA LUMPUR, April 24 (Bernama) -- Eco World Development Group Bhd’s unit, Eco Business Park 6 Sdn Bhd, has sold two parcels of industrial land in Kulai, Iskandar Malaysia, Johor, to KNBDC Malaysia Five Sdn Bhd for RM280.8 million.

Ringgit Ends Higher Vs Most Major Currencies, Flat Against US Dollar

KUALA LUMPUR, April 24 (Bernama) -- The ringgit closed higher against most major currencies on Friday, while remaining stable versus the US dollar.

HERE, Lotus Bring Highway Navigation On Autopilot To Global Markets

KUALA LUMPUR, April 24 (Bernama) -- HERE Technologies, a mapping and location data company, and Lotus have announced a major milestone in their global collaboration with the debut of Lotus’ first overseas integrated navigation and Highway Navigation on Autopilot (NOA) solution.

Stronger Collaboration Key To Boost Malaysia’s OGSE Resilience Amid Global Uncertainty

By Karina Imran

KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s energy security continues to be underpinned by a resilient ecosystem involving multiple stakeholders, particularly oil and gas services and equipment (OGSE) players that remain a crucial component of the industry’s value chain.

AM Best Affirms Excellent Ratings For China's TMNCH

KUALA LUMPUR, April 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH).

Bursa Malaysia Ends Slightly Lower In Line With Weaker Regional Peers

KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia closed marginally lower in line with the weaker performance of regional peers as investors refrained from taking long positions ahead of the weekend.

NexG Says All Disclosures Made Timely To Ensure Adherence To Best Practices

KUALA LUMPUR, April 24 (Bernama) -- NexG Bhd maintains that its disclosures have been made in a timely and transparent manner, and reflect its continued adherence to regulatory standards and corporate governance best practices. 

Atlas Copco Group Invests RM10 Mln In New Shah Alam Hub

SHAH ALAM, April 24 (Bernama) -- Atlas Copco Group has invested about RM10 million in a new headquarters and integrated facility in Alam Impian here, as part of its expansion in Malaysia and Southeast Asia.