HIS TIZA To Buy 30 Pct Stake In Mentiga For RM21 Mln

KUALA LUMPUR, Oct 13 (Bernama) -- HIS TIZA Pahang Sdn Bhd (HTP) is acquiring a 30 per cent stake in Pahang-based plantation group Mentiga Corporation Bhd for RM21 million in cash from its largest shareholder, Amanah Saham Pahang Bhd (ASPA).

RedPlanet’s IPO Public Portion Oversubscribed 85.28 Times

KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysian public portion of RedPlanet Bhd’s initial public offering (IPO) has been oversubscribed by 85.28 times, with 7,031 applications for 1.77 billion shares worth approximately RM336.72 million received.

Budget 2027's 3.3 Pct Fiscal Deficit Target Achievable - Tengku Zafrul

By Karina Imran

KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia is capable of achieving its fiscal deficit target of 3.3 per cent of gross domestic product (GDP) under Budget 2027, provided the assumptions underpinning the budget hold amid global economic and geopolitical uncertainties, said Tengku Datuk Seri Zafrul Abdul Aziz.

Bursa Malaysia Ends Higher As Bargain Hunting Continues In Banking And Healthcare Stocks

By Siti Noor Afera Abu & Naveen Prabu

KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia ended higher on Tuesday as bargain hunting continued in banking and healthcare stocks amid a mixed performance in major Asian equities. 

Malaysia Airlines Cancels Jeddah, Madinah Flights Until Oct 17

KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia Airlines has cancelled all flights connecting Kuala Lumpur and Johor Bahru with Jeddah and Madinah in Saudi Arabia from Oct 12 to 17 as a precautionary measure following recent attacks on airports in the country.

Sarawak Water Project Execution Set To Accelerate -- CIMB Securities

KUALA LUMPUR, Oct 13 (Bernama) -- Water project execution in Sarawak is expected to accelerate due to the streamlined governance structure following the consolidation of the state’s water agencies.

Rubber Market Ends Mixed Tracking Regional Rubber Futures

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 13 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, tracking regional rubber futures amid lower benchmark crude oil prices.

NovaAir Targets Above 90 Pct Capacity Utilisation At KL Plant Within Two Years

KUALA LUMPUR, Oct 13 (Bernama) -- Yingde Gases Group Co Ltd's unit NovaAir Industrial Gases Sdn Bhd aims to raise the Kuala Lumpur plant’s capacity utilisation to above 90 per cent within two years. 

J&T Express, Asia Aero Network Extend Air Cargo Partnership To 2030

KUALA LUMPUR, Oct 13 (Bernama) -- J&T Express Malaysia and Asia Aero Network have extended their air cargo charter partnership until 2030 under an agreement signed today.

Budget 2027 Expansionary, Focuses On Economic Resilience – RAM Ratings

KUALA LUMPUR, Oct 13 (Bernama) -- Budget 2027 is seen as expansionary, prioritising economic resilience while ensuring continued fiscal consolidation amid elevated external uncertainty, RAM Rating Services Bhd (RAM Ratings).

Malaysia’s Palm Oil Industry Must Strike Balance Between Sustainability, Profitability – MPOA

BANGKOK, Oct 13 (Bernama) -- Malaysia’s palm oil industry must balance sustainability with long-term profitability and growth, while ensuring that rising compliance costs do not disproportionately burden smallholders, said Malaysian Palm Oil Association (MPOA) chief executive officer Roslin Azmy Hassan.

Malaysia’s Semiconductor Exports To US Remain Exempt From Tariffs - Johari

KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia continues to enjoy tariff exemptions for its semiconductor exports to the United States, said Investment, Trade and Industry Minister (MITI) Datuk Seri Johari Abdul Ghani.