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1 min read
Naza Corp to Launch Durian Sales by 2027
Naza Corporation Holdings Sdn Bhd (Naza Group) has revealed plans for a durian plantation project under Naza Agro Plantation. The initial...
1 min read
Genting Malaysia Shares Fall as Miami Land Sale Plan Collapses
Genting Malaysia Bhd witnessed a 2% drop in its shares after the proposed sale of its Miami Herald land for US$1.2 billion fell through....
1 min read
Eco World on Track to Surpass RM3.5 Billion Sales Target
Eco World Development Group Bhd is expected to exceed its RM3.5 billion sales target for the financial year 2023 (FY23), according to...
2 min read
Eco World Reports 37% Net Profit Growth in Q2, Revenue Dips
Eco World Development Group Bhd, a leading property developer, has announced impressive financial results for the second quarter ended...
2 min read
Pertama Digital Optimistic About Profitability, Explores Acquisitions
Pertama Digital Bhd, a technology company, expresses confidence in returning to profitability for the year ending Dec 31, 2023. The...
1 min read
Pos Malaysia Partners with Yinson GreenTech to Launch EV Charging Stations
Pos Malaysia Bhd, the national post and parcel service provider, has announced a strategic partnership with Yinson GreenTech to introduce...
1 min read
LBS Bina Optimistic About Property Market, Prepares to Launch RM2.09 Billion Projects
LBS Bina Group Bhd, a well-regarded developer known for its people-centric approach, remains optimistic about the property market's...
1 min read
Uzma Secures RM225 Million Loan for 50MW Solar Project
Uzma Bhd, through its subsidiary Uzma Kuala Muda Sdn Bhd, has successfully obtained a RM225 million Islamic financing facility to support...
1 min read
UEM Sunrise Appoints Datuk Hisham Hamdan as Chairman and Reagan Chan as Director
UEM Sunrise Bhd, a prominent property developer, has announced the appointment of Datuk Hisham Hamdan as Chairman and Reagan Chan as...
1 min read
Bursa Malaysia Opens Lower Amid Global Economic Concerns
Bursa Malaysia started the day on a weaker note, following the lackluster performance of global markets due to concerns about China's...
1 min read
LKL International Forms Distribution Partnerships in the Medical Devices Sector
LKL International Bhd's subsidiary, LKL Advance Metaltech Sdn Bhd, has signed distributorship agreements with SECA GmBH & Co KG and...
1 min read
Scientex Reports 24% Surge in Q3 Net Profit
Malaysian company Scientex Bhd recorded a 24.3% increase in net profit for the third quarter ended April 30, 2023. The surge, amounting...
1 min read
Malaysia's New Vehicle Sales Surge by 33% in May
Malaysia experienced a significant boost in new vehicle sales in May, with a 32.7% increase compared to April 2023. According to the...
1 min read
Securities Commission to Launch Foreign Exempt Schemes Framework by Year-End
The Securities Commission (SC) has announced plans to introduce a "foreign exempt schemes" framework by the end of the year. This...
1 min read
Bumi Armada Secures RM198.7 Million FPSO Charter Extension
Bumi Armada Bhd, through its jointly controlled entity SP Armada Oil Exploration Private Limited (SPAOEPL), has announced the extension...
1 min read
AirAsia X Expands Medium-Haul Network with Amritsar Reintroduction
AirAsia X (AAX) is set to expand its medium-haul network with the reintroduction of direct flights to Amritsar in Northwestern India....
1 min read
Emerging Markets Experience Stronger Disinflationary Impact, Malaysia Inflation at 3.0%
Moody's Investors Service predicts that emerging markets (EMs) will face a stronger disinflationary impact compared to advanced...
1 min read
Betamek and Shenzhen Zhonghong Collaborate for Asean Automotive Opportunities
Betamek Bhd has partnered with Shenzhen Zhonghong Technology Co Ltd to develop advanced driver assistance systems (ADAS) and automotive...
1 min read
Boustead to Reset Strategy Following LTAT Takeover
Boustead Holdings Bhd, recently acquired by Lembaga Tabung Angkatan Tentera (LTAT), will implement a new strategy over the next three...
1 min read
Mah Sing Acquires Johor Bahru Land for RM76.1 Million
Mah Sing Group Bhd has purchased a prime 75.7-acre freehold land in Mukim Pulai, Johor Bahru for RM76.1 million. The acquired land, named...
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