Boustead Targets To Grow Revenue To RM30 Bln In 5 Years

GEORGE TOWN, Aug 5 (Bernama) -- Boustead Holdings Bhd (BHB) is targeting to increase group revenue from about RM12 billion currently to RM30 billion within the next five years through a business restructuring that focuses on defence, property development and commercial services.

Univar Solutions Acquires H.M. Royal To Expand Performance Materials Business

KUALA LUMPUR, Aug 4 (Bernama) -- Univar Solutions LLC (Univar Solutions) has acquired H.M. Royal, a 101-year-old speciality distributor of rubber, plastics and adhesive additives, to strengthen its Performance Materials business and expand its presence in the United States (US).

2PointZero Reports Strong First Half Revenue, Net Profit

KUALA LUMPUR, Aug 4 (Bernama) -- Abu Dhabi-based investment holding firm, 2PointZero Group has reported revenue of 21.9 billion Emirati dirham and a group net profit of 7.7 billion Emirati dirham for the first half of 2026. (100 Emirati dirham = RM111.58)

Maybank Shares Slip 0.55 Pct After Announcing Maybank Ageas Acquisition

KUALA LUMPUR, Aug 4 (Bernama) -- Malayan Banking Bhd’s (Maybank) share price slid 0.55 per cent on Tuesday morning after announcing the acquisition of the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd yesterday.

Press Metal To Raise PMB Technology Stake To 58.8 Pct In RM464.95 Mln Deal

KUALA LUMPUR, Aug 3 (Bernama) -- Press Metal Aluminium Holdings Bhd plans to acquire a 35.6 per cent stake in PMB Technology Bhd for RM464.95 million in cash, raising its interest to a controlling 58.8 per cent from 23.2 per cent.

JS-SEZ Investment Blueprint Expected To Be Unveiled By Year-end - RHB IB

KUALA LUMPUR, Aug 3 (Bernama) -- The federal government is expected to unveil the Johor-Singapore Special Economic Zone (JS-SEZ) Investment Blueprint and Master Plan by the end of the year, said RHB Investment Bank Bhd (RHB IB).

Maybank To Fully Own Maybank Ageas Holdings In RM4.83 Bln Deal

KUALA LUMPUR, Aug 3 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an Implementation Agreement (IA) with Ageas Insurance International NV (Ageas) to acquire the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion, paving the way for full ownership of the insurance and takaful holding company.

Maker Recipe To Boost Local Position, Aims To Go Global With RM1.7 Mln Investment

Rhoma Ahmad Razali

JITRA, Aug 3 (Bernama) -- Local spice producer Maker Recipe Sdn Bhd plans to go global with its traditional spice brand, Cap O, within the next three years with an investment of RM1.7 million.

Tawau Port Acquires Two New Dock Cranes Worth RM70 Million - Hajiji

TAWAU, Aug 2 (Bernama) -- The acquisition of two new quay cranes worth RM70 million for Tawau Port is expected to boost port efficiency and strengthen its role as a key maritime gateway on Sabah’s east coast.

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.

Axis-REIT To Acquire Industrial Complex In Kedah For RM113 Mln

KUALA LUMPUR, July 30 (Bernama) -- Axis-Real Estate Investment Trust (Axis-REIT) is acquiring an industrial complex in Kawasan Industri Padang Meha, Padang Meha, Kedah for RM113 million.

PUNB Alocates RM80 Mln To Support 220 Bumiputera Entrepreneurs

KUALA LUMPUR, July 30 (Bernama) -- Perbadanan Usahawan Nasional Bhd (PUNB) has introduced and enhanced three specialised financing programmes, which are expected to benefit 220 entrepreneurs, with a total allocation of RM80 million to help bumiputera entrepreneurs secure capital faster, strengthen cash flow, and expand their business capacity.