KUALA LUMPUR, May 29 (Bernama) -- Global credit rating agency, AM Best has placed under review with developing implications the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re).
By Siti Radziah Hamzah
KUALA LUMPUR, May 26 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) move to assume full ownership of the Pengerang Integrated Complex’s refining and petrochemical operations from Saudi Aramco could further cement Malaysia’s longer-term ambition of positioning Pengerang as a major regional hub for refining, storage, petrochemicals and trading.
KUALA LUMPUR, Jan 27 (Bernama) -- ANTA Sports Products Limited (ANTA Sports) has reached a share purchase agreement with Groupe Artémis, the Pinault family’s investment company, to acquire a 29.06 per cent stake in PUMA SE for 1.5 billion euros in cash. (1 Euro = RM4.70)
KUALA LUMPUR, Jan 13 (Bernama) -- Attindas Hygiene Partners has acquired Italy-based Società Italiana Lavorazione Cellulosa (SILC S.p.A.), taking a significant step forward in executing its growth strategy.
KUALA LUMPUR, Jan 12 (Bernama) -- Favelle Favco Bhd plans to acquire France-based Seram Industries SAS in a deal worth up to RM47.45 million.
KUALA LUMPUR, Dec 4 (Bernama) -- DRB-Hicom Bhd has proposed to purchase the entire equity interest in Spirit Aerosystems Malaysia Sdn Bhd (Spirit MY) for US$110.62 million (US$1=RM4.1115), up from the earlier estimated enterprise value of US$95.2 million.
KUALA LUMPUR, Nov 20 (Bernama) -- Affin Bank Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) slid to RM144.99 million from RM145.82 million a year ago.
KUALA LUMPUR, Nov 11 (Bernama) -- North Atlantic France SAS (North Atlantic) has provided an update on its proposed acquisition from ExxonMobil France Holding SAS (ExxonMobil) of ExxonMobil’s entire stake in Esso Société Anonyme Française SA (Esso S.A.F.) and in ExxonMobil Chemical France SAS.
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, Aug 4 (Bernama) -- Electronics manufacturer Inari Amertron Bhd emerged as among the most active stocks at early trade following its joint acquisition of equity interest in Lumileds Holding BV for US$239 million (RM1.03 billion).
KUALA LUMPUR, July 1 (Bernama) -- CC International Bhd (CCIB), via its indirect wholly-owned subsidiary, Indah Secretarial (Penang) Sdn Bhd (ISPG), has entered into a share purchase agreement to acquire the entire issued shares of Alpadis Trust (Labuan) Ltd for US$750,000 (US$1=RM4.19).
KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia Securities Bhd has approved FGV Holdings Bhd’s request for suspension in the trading of its shares with effect Monday, May 26 from 9 am to 5 pm, pending the release of a material announcement.
