KUALA LUMPUR, Sept 11 (Bernama) -- Captive insurance is gaining increasing recognition as a strategic risk-financing solution as businesses seek to strengthen resilience, enhance risk-financing control and address emerging risks, according to Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC).
KUALA LUMPUR, Sept 10 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced the final close of EIG Senior Infrastructure Debt Fund VI (SIDF VI) at US$1.9 billion, nearly double the size of its predecessor fund. (US$1 = RM4.06)
KUALA LUMPUR, Sept 10 (Bernama) -- Permodalan Nasional Bhd (PNB) has invested nearly RM570 million in education since 1996 through its PNB Scholarship Programme to develop talent that can contribute to the country's progress.
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.
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.
KUALA LUMPUR, Sept 8 (Bernama) -- Data centres currently account for 9.28 per cent of total electricity consumption, according to the Energy Commission (ST).
KUALA LUMPUR, Sept 8 (Bernama) -- Capcom Co Ltd announced that worldwide sales of Onimusha: Way of the Sword surpassed one million units on its first day of release, pushing cumulative sales of the Onimusha series past 10 million units.
KUALA LUMPUR, Sept 7 (Bernama) -- MN Holdings Bhd’s (MNHB) wholly owned unit, MN Utilities Engineering Sdn Bhd (MNUE) and Pembinaan Tajri Sdn Bhd (PTSB) has bagged a contract for the installation of a new 275 kilovolt (kV) cable from Tenaga Nasional Bhd (TNB).
KUALA LUMPUR, Sept 7 (Bernama) -- CBH Engineering Holding Bhd (CBH) has secured a RM88.05 million contract to design and build a 275kV consumer landing station for a data centre in Selangor.
KUALA LUMPUR, Sept 7 (Bernama) -- The target to increase the contribution of Bumiputera micro, small and medium enterprises (MSMEs) from 15 per cent to potentially double by 2035 will be reviewed in greater detail at the end of this year or early next year, said Economy Minister Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, Sept 7 (Bernama) -- Globaltec Formation Bhd’s (GFB) 70 per cent subsidiary clean energy company NuEnergy Gas Ltd has announced that the Indonesian government has approved the development of NuEnergy’s Tanjung Enim production sharing contract (PSC) as one of Indonesia’s national strategic projects.
KUALA LUMPUR, Sept 4 (Bernama) -- Shin Yang Group Bhd has entered into a sale and purchase agreement with Forescom Plywood Sdn Bhd to acquire an 8.32-hectare parcel of land at Pending Industrial Estate, Kuching, Sarawak, for RM34 million.
