UOB Malaysia Prices RM455 Mln ASEAN Green Sri Sukuk Musharakah For ECRB

KUALA LUMPUR, Oct 6 (Bernama)-- UOB Malaysia has successfully priced a RM455 million Islamic medium-term notes under Tranche 7 of EXSIM Capital Resources Bhd’s (ECRB) RM2 billion Sukuk Musharakah Programme, structured as an ASEAN Green SRI Sukuk Musharakah.

​Datavault AI, Korea Aerospace University Launch Pact To Revolutionise Aviation Credentialing

KUALA LUMPUR, Oct 2 (Bernama) -- Datavault AI Inc, a company specialising in artificial intelligence (AI)-driven data visualisation, valuation and monetisation, has signed a memorandum of understanding (MoU) with Korea Aerospace University (KAU).

Economists See No Major Tax Changes In Budget 2026; Expect Wider CGT Scope

By Niam Seet Wei

KUALA LUMPUR, Sept 28 (Bernama) -- Economists believe that Budget 2026 would not introduce any major changes in the taxation system -- especially individual and corporate taxes -- to preserve consumer and investor confidence as the United States tariffs kick in.

Ireka Corp Defaults On RM1.04 Mln Loan Repayments To HLBB, Ambank

KUALA LUMPUR, Sept 23 (Bernama) — Ireka Corporation Bhd (ICB) has defaulted on loan repayments totalling RM1.04 million owed to Hong Leong Bank Bhd (HLBB) and AmBank (M) Bhd.

Xsolla Appoints Head Of Japan To Drive Regional Growth

KUALA LUMPUR, Sept 10 (Bernama) -- Xsolla, a global leader in video game commerce, has appointed Eiko Kokubun as Head of Japan, effective Sept 8, to bolster its support for Japanese game developers pursuing international expansion.

Axiata On Track To Achieve Gearing Ratio Of 2.5 Times Net Debt To EBITDA In 2026

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.

SIC Eyes Long-Term Expansion After Return To Profitability - CEO

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 17 (Bernama) – After weathering the financial strain due to the COVID-19 pandemic, the Sepang International Circuit (SIC) is charting a new growth trajectory, anchored by land monetisation, strategic investments and expanded commercial offerings.

IOI Properties Shares Up In Early Trade

KUALA LUMPUR, Aug 11 (Bernama) -- IOI Properties Group Bhd (IOIPG) shares rose in the early trading session, buoyed by positive market sentiment.

Datavault AI Expands Commercialisation Of Flagship AI Agents Via IBM Collaboration 

KUALA LUMPUR, July 30 (Bernama) -- Datavault AI Inc, a leader in artificial intelligence (AI) data experience, valuation, and monetisation, has announced the expanded commercialisation of its flagship AI agents, DataScore and DataValue, developed in partnership with IBM’s watsonx.ai platform.

Axiata’s Shares Jump On Strong 1Q Net Profit, HLIB Upgrades To ‘Buy’

KUALA LUMPUR, May 29 (Bernama) -- Axiata Group Bhd’s shares rose in early trade after it reported more than a two-fold increase in net profit for the first quarter ended March 31, 2025 (1Q 2025).

Axiata's 1Q Net Profit More Than Doubles To RM159.8 Mln

KUALA LUMPUR, May 28 (Bernama) -- Axiata Group Bhd’s net profit jumped to RM159.8 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.03 million in the same period last year, driven by foreign exchange gains, lower depreciation and amortisation and higher contributions from CelcomDigi.

Astral Asia's Unit Obtains Iron Ore Mining Rights On 40.47 Hectare Land In Pahang

KUALA LUMPUR, May 27 (Bernama) -- Astral Asia Bhd's (AAB) wholly-owned subsidiary, Astral Chem Sdn Bhd (AC) has been granted iron ore mining rights from AAB's 65 per cent subsidiary, Astral Asia Plantation Sdn Bhd (AAP).