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Capital Market To Drive Next Phase Of Semiconductor Growth

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia's capital market has an important role to play in supporting the nation's next phase of semiconductor growth as the country positions itself to capture opportunities arising from the reorganisation of global semiconductor supply chains.

Theta Edge Shares Surge 10.56 Pct In Morning Trade On RM3.03 Bln LRT Contract

KUALA LUMPUR, Aug 7 (Bernama) -- Theta Edge Bhd's share price surged 10.56 per cent on Friday morning after its joint venture (JV) with Malaysian Resources Corporation Berhad (MRCB) (the MRCB-Theta Edge JV) won a RM3.03 billion contract for the construction of the Mutiara Line Light Rail Transit (LRT). 

Tong Herr To Be Taken Private Via SCR Exercise, Offers RM2.55 Per Share

KUALA LUMPUR, Aug 6 (Bernama) -- Tong Herr Resources Bhd’s major shareholders, Allrich Corp and Richard Holdings Ltd, as the joint offerors, have proposed to take the company private by way of a selective capital reduction and repayment (SCR) exercise.

EcoSys Signs Underwriting Agreement With M&A Securities Ahead Of ACE Market IPO

KUALA LUMPUR, Aug 6 (Bernama) -- Industrial solutions provider EcoSys (Malaysia) Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd in preparation for its upcoming listing on the ACE Market of Bursa Malaysia Securities Bhd through an initial public offering (IPO).

EU Businesses Seek High-quality Malaysia-EU FTA To Boost Investment, Trade

KUALA LUMPUR, Aug 5 (Bernama) -- European business leaders are calling for a high-quality Malaysia-European Union (EU) free trade agreement (FTA) that delivers practical commercial outcomes while strengthening long-term investment and cooperation.

Govt Bears RM1.25 Bln LPG Subsidies For January-May -- MOF

KUALA LUMPUR, July 31 (Bernama) -- The government has borne almost RM1.25 billion in liquefied petroleum gas (LPG) subsidies for the period from January to May 2026, said the Ministry of Finance (MOF). 

Genting Plantations Unit Raises RM200 Mln In First Sukuk Murabahah Issuance

KUALA LUMPUR, July 31 (Bernama) -- Genting Plantations Bhd’s wholly owned subsidiary, Bina Restu Bhd, has completed its first issuance of RM200 million sukuk murabahah under its RM2 billion sukuk murabahah programme to finance the group’s property development activities.

TH Says Nearly RM10 Bln In Asset Sales Aided Recovery, RM2.6 Bln Lossses Later Addressed

KUALA LUMPUR, July 31 (Bernama) -- The Lembaga Tabung Haji (TH) Recovery and Restructuring Plan has successfully addressed RM12.6 billion in investment losses, with RM10 billion resolved under the 2018 recovery plan and the remaining RM2.6 billion recognised progressively through the end of 2025.

2018 Tabung Haji Bailout Averted Massive Deposit Withdrawal, Financial Market Crisis

KUALA LUMPUR, July 31 (Bernama) -- Lembaga Tabung Haji (TH) has described the recovery and restructuring plan implemented in 2018 as a necessary financial bailout to prevent the institution from becoming insolvent, saying that TH would have otherwise faced the risk of a massive deposit withdrawal that could trigger a financial market crisis and undermine the country's economic stability.

LEAP Market-Listed MMIS Eyes Transfer To ACE Market 

KUALA LUMPUR, July 30 (Bernama) -- MMIS Bhd plans to transfer its listing from the LEAP Market to the ACE Market of Bursa Malaysia in an exercise that will entail a cash exit offer from five shareholders (joint offerors).

RCI: Tabung Haji Should Not Have Declared RM2.75 Bln 2017 Hibah

KUALA LUMPUR, July 30 (Bernama) -- The Royal Commission of Inquiry (RCI) on Lembaga Tabung Haji (TH) said the Islamic pilgrimage fund should not have declared a 4.50 per cent annual profit distribution (hibah) and a 1.75 per cent hajj hibah, totalling RM2.75 billion, for the 2017 financial year.

RCI Recommends Forensic Audit Into 14 Tabung Haji Investments

KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) into the management and operations of Lembaga Tabung Haji (TH) has recommended a forensic audit into 14 past investment decisions that resulted in significant asset impairments at the Islamic pilgrimage fund.