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KUALA LUMPUR, Oct 14 (Bernama) -- Southern Cable Group Bhd has proposed a private placement of up to 10 per cent of its total issued shares to raise as much as RM259 million to finance a multi-year expansion plan aimed at boosting its production capacity.
KUALA LUMPUR, Oct 14 (Bernama) -- The expectation of a downward trend in general government debt and Gross Domestic Product (GDP) that is closer to peer medians, supported by a strong consolidation strategy and improved growth prospects, could put upward pressure on Malaysia’s ‘BBB+’ sovereign rating.
KUALA LUMPUR, Oct 8 (Bernama) -- Varia Bhd plans to raise up to RM3 billion through the proposed issuance of Islamic medium term notes (IMTNs).
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 8 (Bernama) -- Niche Capital Emas Holdings Bhd (NICE) plans to allocate approximately RM23.18 million or 89 per cent of the total RM26.18 million raised from its private placement exercise to advance its mining business, particularly the KK Hill and Sokor Midland projects in Kelantan.
KUCHING, Oct 7 (Bernama) -- Local analytics companies have been urged to assist the Sarawak government in its hydrogen production initiative to support the state’s green energy transformation for the public transport sector.
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.
KUALA LUMPUR, Oct 6 (Bernama) -- North Atlantic France SAS (North Atlantic) is closing in on its acquisition of ExxonMobil France Holding SAS (ExxonMobil)’s 82.89 per cent stake in Esso Société Anonyme Française SA (Esso S.A.F.), with the final purchase price now undergoing detailed adjustments ahead of completion expected by year-end 2025.
KUALA LUMPUR, Oct 2 (Bernama) -- UOA Development Bhd’s 60 per cent-owned subsidiary, Everise Project Sdn Bhd, has entered into three conditional sale and purchase agreements (SPAs) worth RM200 million.
KUALA LUMPUR, Oct 1 (Bernama) -- RHB Bank Bhd has proposed a multi-currency Commercial Papers Programme (CP Programme) and a multi-currency Islamic Commercial Papers Programme (Sukuk Murabahah Programme) with a combined limit of up to RM5 billion.
KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit opened stronger against the US dollar on Tuesday, supported by concerns that a potential United States (US) government shutdown could weigh on the greenback, an analyst said.
KUALA LUMPUR, Sept 25 (Bernama) -- Bermaz Auto Bhd (BAuto) has issued a second tranche of Islamic Medium-Term Notes (IMTNs) worth RM130 million under its RM500 million Sukuk Wakalah programme and fully repaid a RM100 million Islamic Commercial Paper (ICP).
KUALA LUMPUR, Sept 22 (Bernama) -- The OPEC Fund for International Development (the OPEC Fund) has approved over US$1 billion in new development financing during the third quarter of 2025, as announced following its 193rd Governing Board meeting. (US$1=RM4.20)
