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Corporate : banking

MRCB Shares Up 1.44 Pct On Cyberjaya Land Disposal Proposal

KUALA LUMPUR, Aug 10 (Bernama) -- Malaysian Resources Corporation Bhd’s share price rose 1.44 per cent in the early session today after it announced an agreement to dispose of its Cyberjaya land.

Local Institutions Extend Net Buying Streak To Two Consecutive Weeks – MBSB IB

KUALA LUMPUR, Aug 10 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to two consecutive weeks, recording net inflows of RM451.1 million last week, MBSB Investment Bank Bhd (MBSB IB) said.

Malaysia-China Currency Swap Arrangement Renewed For Five Years

KUALA LUMPUR, Aug 7 (Bernama) -- Bank Negara Malaysia (BNM) and the People’s Bank of China have renewed their bilateral currency swap arrangement for a five-year term, effective from 2026 to 2031.

Malaysia Well Positioned To Benefit From Global AI-Driven Structural Shift

KUALA LUMPUR, AUG 7 (Bernama) -- Malaysia is well placed to benefit from the global artificial intelligence (AI)-driven structural shift, underpinned by its position as the world’s sixth-largest semiconductor exporter, growing specialisation in higher-value semiconductor manufacturing and growing appeal as a destination for digital infrastructure.

Batu Kawan's Unit Takeover Bid For MKH Turns Unconditional

..KUALA LUMPUR, Aug 6 (Bernama) -- Batu Kawan Bhd announced that its wholly owned subsidiary, Whitmore Holdings Sdn Bhd’s voluntary takeover offer for MKH Bhd has become unconditional after the former’s shareholders approved the proposed acquisition at the group's extraordinary general meeting (EGM) on Aug 5.

Maybank Singapore Joins MAS ' BLOOM Initiative To Strengthen Cross-Border Payments

KUALA LUMPUR, Aug 6 (Bernama) -- Maybank Singapore Ltd today announced its participation in the Monetary Authority of Singapore's (MAS) borderless, liquid, open, online, multi-currency (BLOOM) initiative aimed at advancing next-generation, best-in-class cross-border payments and transaction banking infrastructure.

Govt To Review Import Needs, Formulate Policies To Strengthen Domestic Industries

KUALA LUMPUR, Aug 5 (Bernama) -- The government will assess the country's import needs, including capital goods, and formulate policies to reduce dependence on external ecosystems as Malaysia seeks to strengthen domestic industries and create greater value from trade and investment.

MNRB Holdings Shares Up 9.7 Pct On Takaful Business Divestment

KUALA LUMPUR, Aug 5 (Bernama) -- MNRB Holdings Bhd’s share price skyrocketed 9.7 per cent on Wednesday morning after it announced the divestment of its takaful business to Bank Rakyat for RM1.64 billion in cash.

MNRB To Divest Takaful Ikhlas Units To Bank Rakyat’s Subsidiary For RM1.64 Bln

KUALA LUMPUR, Aug 4 (Bernama) -- MNRB Holdings Bhd has proposed to divest its 100 per cent equity interest in its wholly-owned units, Takaful Ikhlas Family Bhd (Takaful IKHLAS Family) and Takaful Ikhlas General Bhd (Takaful IKHLAS General), to Rakyat Nominees Sdn Bhd for RM1.64 billion in cash, subject to adjustments.

Maybank Shares Slip 0.55 Pct After Announcing Maybank Ageas Acquisition

KUALA LUMPUR, Aug 4 (Bernama) -- Malayan Banking Bhd’s (Maybank) share price slid 0.55 per cent on Tuesday morning after announcing the acquisition of the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd yesterday.

Malaysia's Economic Growth May Exceed 5.0 Pct In 2026 - Analysts

KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia's economy could record another year of growth exceeding 5.0 per cent, supported by robust exports and resilient domestic spending, said MBSB Investment Bank Bhd.

JS-SEZ Investment Blueprint Expected To Be Unveiled By Year-end - RHB IB

KUALA LUMPUR, Aug 3 (Bernama) -- The federal government is expected to unveil the Johor-Singapore Special Economic Zone (JS-SEZ) Investment Blueprint and Master Plan by the end of the year, said RHB Investment Bank Bhd (RHB IB).