1d ago
KUALA LUMPUR, Oct 22 (Bernama) -- Harbour-Link Group Bhd’s 85 per cent-owned subsidiary Harbour-Link Lines Sdn Bhd has entered into two separate sale and purchase agreements with Sapor Shipbuilding Industries Sdn Bhd to acquire two vessels worth RM56.68 million.
1d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 22 (Bernama) -- Orgabio Holdings Bhd’s two additional production lines are operating at about 70 per cent utilisation rate, and this has strengthened its manufacturing capabilities to accommodate customers’ beverage premix requirements.
2d ago
KUALA LUMPUR, Oct 21 (Bernama) -- CIMB Group Holdings Bhd is stepping up efforts to pursue a potential delisting of its Indonesian subsidiary, PT Bank CIMB Niaga Tbk, and plans to engage regulators on the exercise, said CIMB Investment Bank Bhd (CIMB IB).
2d ago
KUALA LUMPUR, Oct 20 (Bernama) -- The minimum 30 per cent Bumiputera equity requirement remains in place in line with the Property Acquisition Guidelines (GPPH), which took effect on July 13, 2022, and is subject to approval by the Economy Ministry.
3d ago
KUALA LUMPUR, Oct 20 (Bernama) -- NGC Energy Sdn Bhd is looking to expand into new markets and strengthen its position in Malaysia’s liquefied petroleum gas (LPG) sector following a change in ownership of Perangsang Oil & Gas Sdn Bhd (POGSB), one of its shareholders.
3d ago
KUALA LUMPUR, Oct 20 (Bernama) -- Contract research organisation Fortrea has completed its acquisition of the Early Phase Services division from Worldwide Clinical Trials, in an all-cash transaction valued at approximately US$45 million. (US$1 = RM4.07)
3d ago
KUALA LUMPUR, Oct 20 (Bernama) -- Shares prices of IHH Healthcare Bhd rose on Tuesday on its acquisition of Afiniti Wellness in Medini, Iskandar Puteri, Johor.
3d ago
KUALA LUMPUR, Oct 20 (Bernama) -- The government has used the Malaysian Composite Development Index (IKPM) to identify least developed areas and design targeted interventions to address socioeconomic imbalances and narrow the development gap between regions, states, and districts.
3d ago
KUALA LUMPUR, Oct 20 (Bernama) -- United States women’s health company Hologic has signed a definitive agreement to acquire Reveal Genomics, a Barcelona-based precision oncology company that develops advanced genomic tests to help guide personalised cancer treatment.
7d ago
KUALA LUMPUR, Oct 16 (Bernama) -- A.P. Moller Capital, a global institutional fund manager, has agreed to acquire 100 per cent of Singapore-based ports operator Portek International Pte Ltd (Portek) from Japan’s Mitsui & Co Ltd (Mitsui) through its Emerging Markets Infrastructure Fund II (EMIF II).
8d ago
By Karina Imran
KUALA LUMPUR, Oct 15 (Bernama) -- The Retirement Fund Incorporated's (KWAP) RM750 million allocation under Budget 2027 represents a planned commercial investment for Projek Vista Kampus across six selected universities, with the investment intended to generate sustainable long-term returns for the retirement fund.
8d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Nexgram Holdings Bhd announced that Henry Cheang Soon Siang had emerged as a substantial shareholder, following his acquisition of 55.97 million ordinary shares, bringing his total interest to 65.97 million shares, representing 6.75 per cent of the company’s issued voting shares.