KUALA LUMPUR, Jan 29 (Bernama) -- WTK Holdings Bhd has received unanimous shareholders’ approval to acquire equity interests in three companies from related party WTK Realty Sdn Bhd for RM555 million.
KUALA LUMPUR, Jan 29 (Bernama) -- Multi-Color Corporation (MCC) has commenced its prepackaged Chapter 11 process in the United States Bankruptcy Court for the District of New Jersey to implement a previously announced restructuring support agreement (RSA) aimed at resetting its balance sheet and positioning the company for long-term growth and investment.
KUALA LUMPUR, Jan 28 (Bernama) -- Multi-Color Corporation (MCC), a global leader in prime label solutions, has entered into a restructuring support agreement (RSA) with holders of approximately 70 per cent of its secured first-lien debt and its equity sponsor, Clayton, Dubilier & Rice (CD&R), as part of a comprehensive financial restructuring.
KUALA LUMPUR, Jan 22 (Bernama) -- The government has introduced more than 40 new policies and key initiatives and amended over 80 acts, including new legislation enacted during its three-year administration, to implement its promised economic reforms to address the people’s cost-of-living issues, according to the Ministry of Economy.
KUALA LUMPUR, Jan 19 (Bernama) -- AirAsia X Bhd (AAX) has redesignated its chief executive officer (CEO) Benyamin Ismail to the position of general manager, effective today, as part of the consolidation of AirAsia Group’s aviation business under AAX.
KUALA LUMPUR, Jan 19 (Bernama) -- The successful implementation of more than 170 socio-economic development initiatives under the 12th Malaysia Plan (12MP) has contributed to the nation’s gross domestic product (GDP) growth between 2021 and 2025, which is estimated to be at 5.2 per cent per annum.
KUALA LUMPUR, Jan 14 (Bernama) -- AirAsia X Bhd’s (AAX) shares rose in early trading after fully securing its RM1 billion private placement at RM1.65 per share, following its Tuesday announcement.
KUALA LUMPUR, Jan 14 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of Vietnam’s Post-Telecommunication Joint Stock Insurance Corporation (PTI).
KUALA LUMPUR, Jan 13 (Bernama) -- AirAsia X Bhd (AAX) has fully secured its RM1 billion private placement at RM 1.65 per share.
KUALA LUMPUR, Jan 13 (Bernama) -- AirAsia X will be renamed AirAsia and listed as a newly quoted stock on Jan 19, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.
KUALA LUMPUR, Dec 22 (Bernama) -- Expanding bumiputera participation in commercial real estate is an important lever in Malaysia’s nation-building agenda, with Pelaburan Hartanah Bhd (PHB) acting as a key institutional platform to drive wealth creation and economic growth.
KUALA LUMPUR, Dec 18 (Bernama) -- The parliamentary sessions throughout 2025, involving the Dewan Rakyat and the Dewan Negara, saw economic debates focused on fiscal consolidation, structural reforms and efforts to address the cost of living for the people in an uncertain global economic environment.
