13d ago
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.
21d ago
KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia's key index extended its gains in mid-afternoon trading, supported by persistent buying in selected heavyweights, led by financial stocks.
21d ago
KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia’s benchmark index trended upward to end the morning session higher as investors regained buying interest in heavyweights, taking the cue from upbeat regional markets.
21d ago
KUALA LUMPUR, Nov 25 (Bernama) -- DRB-HICOM Bhd posted a net profit of RM60.62 million for the nine months ended Sept 30, 2025 from RM69.17 million previously, backed by stronger banking, automotive and services sectors
21d ago
KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia rebounded to open firmer on Wednesday on renewed optimism, tracking Wall Street's overnight rally, as sentiment was driven by hopes of United States interest rate cuts.
1m ago
KUALA LUMPUR, Oct 24 (Bernama) -- Motosikal dan Enjin Nasional Sdn Bhd (Modenas), a subsidiary of DRB-Hicom Bhd, has set an annual sales goal of 27,000 units for its newly launched Z15GT 149.5cc (cubic centimetre) supermoped, the company’s first fully Malaysian-developed model.
2m ago
NILAI, Oct 12 (Bernama) -- National motorcycle maker Motosikal dan Enjin Nasional Sdn Bhd (Modenas), the local assembler of Kawasaki motorcycles, has teamed up with with Sendayan Motor Sdn Bhd for the opening of Malaysia’s 10th Kawasaki All Star 4S (Sales, Spare Parts, Showroom, Services) Centre here today.
2m ago
By Zairina Zainudin & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 2 (Bernama) -- Proton Holdings Bhd's decision to centralise its production in Tanjung Malim, Perak is a strategic move to rationalise, reduce costs, improve quality and transition to new technology after investing RM253 million in new stamping lines there.
4m ago
KUALA LUMPUR, Aug 12 (Bernama) -- Spirit AeroSystems Malaysia Sdn Bhd’s stable earnings are expected to complement Composites Technology Research Malaysia Sdn Bhd (CTRM) operations and strengthen DRB-Hicom Bhd’s overall financial performance, said Hong Leong Investment Bank Bhd (HLIB).
4m ago
KUALA LUMPUR, Aug 12 (Bernama) -- National motorcycle manufacturer Motosikal dan Enjin Nasional Sdn Bhd (Modenas) is charting an ambitious growth path with plans to expand its product lineup, boost exports and scale up production capacity in the coming years, as it celebrates three decades of operations.
4m ago
KUALA LUMPUR, Aug 9 (Bernama) -- Malaysia Aviation Group’s (MAG) purchase of 30 Boeing 737 MAX aircraft is a strategic manoeuvre aligned with the goals of the 13th Malaysia Plan (13MP) for economic transformation, industrial upskilling, and global trade recalibration.
6m ago
KUALA LUMPUR, June 17 (Bernama) -- Zycus concluded its flagship Southeast Asia conference, Horizon SEA 2025, on a high note, drawing procurement leaders from Malaysia, Singapore, the Philippines, India, and the broader Asia Pacific (APAC) and Middle East regions.