23d ago
KUALA LUMPUR, Sept 9 (Bernama) -- Zetrix AI Bhd announced that the proposed acquisition by Philippine-based corporate entity IPVG Employees Inc of a 50 per cent equity interest in MYEG Ventures Inc is commercially viable.
23d ago
KUALA LUMPUR, Sept 9 (Bernama) -- Malaysia’s economic outlook remains resilient, supported by strong manufacturing activity, sustained infrastructure investment and a rapidly expanding data centre sector, said S&P Global Ratings.
23d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia closed flat on Wednesday amid investor caution as heightened tensions in West Asia pushed Brent crude oil to above US$100 per barrel, an analyst said.
23d ago
KUALA LUMPUR, Sept 9 (Bernama) -- Northern Trust has expanded its Singapore unit trust offering through a relationship with Perpetual (Asia) Limited, providing investment managers with an integrated servicing solution for Singapore unit trust structures.
23d ago
KUALA LUMPUR, Sept 9 (Bernama) -- TNB Power Generation Sdn Bhd (TNB Genco) continues to invest in the reliability of its existing generation fleet while advancing its renewable and storage pipeline, including a hybrid hydro-floating solar project combining 595 megawatts (MW) of floating solar with 1,190 megawatt-hours (MWh) of battery storage, targeted for completion in 2028.
23d ago
KUALA LUMPUR, Sept 9 (Bernama) -- Analysts at investment banks have differing views on KPJ Healthcare Bhd’s outlook as the group navigates a leadership transition while pursuing its strategic roadmap and expansion plans.
23d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 9 (Bernama) -- Budget 2027 should consider establishing a formal information-sharing framework that enables offshore support vessels (OSVs) to serve as an additional “third eye” in safeguarding Malaysia’s waters and critical offshore energy infrastructure, said Perdana Petroleum Bhd.
23d ago
KUALA LUMPUR, Sept 9 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched its second US$300 million secured exchangeable sukuk to optimise its portfolio through innovative capital market solutions.
24d ago
KUALA LUMPUR, Sept 8 (Bernama) -- Public Bank Bhd has proposed to privatise its 73.23 per cent-owned subsidiary Public Financial Holdings Ltd (PFHL) for HK$2.50 (RM1.29) per share.
24d ago
KUALA LUMPUR, Sept 8 (Bernama) -- Budget 2027 should introduce incentives to encourage investment in energy efficiency and renewable energy (RE) development, according to the Energy Commission (ST).
24d ago
KUALA LUMPUR, Sept 8 (Bernama) -- Data centres currently account for 9.28 per cent of total electricity consumption, according to the Energy Commission (ST).
24d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst.