CAB Launches CAB 2.0 To Support Insurance, Reinsurance Industry Digitalisation

KUALA LUMPUR, July 3 (Bernama) -- The Central Administration Bureau (CAB) has launched CAB 2.0, the enhanced cloud-based version of its Central Administration Bureau Facultative (CABFAC) system, to support the digital transformation of Malaysia's insurance and reinsurance industry.

Bursa Malaysia Issues UMA Query To Skygate After Share Price Surge

KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia has issued an unusual market activity (UMA) query to Skygate Solutions Bhd following a sharp rise in the company's share price.

RHB Bank Completes RM410 Mln Tier 2 Notes Issuance

KUALA LUMPUR, June 30 (Bernama) -- RHB Bank Bhd has completed the issuance of RM410 million in Tier 2 (T2) Notes under its Note Programme.

RM1 Fee Waiver For Interbank Cash Withdrawals Eases Financial Burden -- Amir Hamzah

KUALA LUMPUR, June 30 (Bernama) – The RM1 fee waiver for interbank cash withdrawals at automated teller machines (ATMs) and Smart Recycler Machines (SRMs), effective July 1, is expected to help ease the financial burden on the public, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.

REDtone Subscribes To RM13 Mln Berjaya Corporation Unit's MTNs

KUALA LUMPUR, June 29 (Bernama) -- REDtone Digital Bhd has subscribed to RM13 million worth of medium-term notes (MTNs) issued by Berjaya Corporation Bhd's subsidiary, Berjaya IPS Equity Sdn Bhd.

RHB Bank Fully Redeems US$500 Mln Senior Unsecured Notes

KUALA LUMPUR, June 29 (Bernama) -- RHB Bank Bhd has fully redeemed its existing US$500 million senior unsecured notes issued under its Euro Medium Term Note (EMTN) Programme.

SC Issues Guidance Note On Sukuk To Strengthen Alignment With Maqasid Al-Shariah

KUALA LUMPUR, June 29 (Bernama) -- The Securities Commission Malaysia (SC) today issued the Guidance Note on Sukuk: An Alignment with the Maqasid Al-Shariah Guidance Islamic Capital Market Malaysia to strengthen the alignment of sukuk issuances with Maqasid al-Shariah.

EPIC Targets RM700 Mln Revenue, RM1 Bln NAV By 2030

By Siti Radziah Hamzah

KUALA LUMPUR, June 29 (Bernama) -- Eastern Pacific Industrial Corp Bhd (EPIC) is targeting annual revenue of RM700 million and net asset value (NAV) of RM1 billion by 2030 under its EPIC Strategic Business Plan 2025-2030 (EPIC BEST 2530), supported by expansion in its oil and gas (O&G), port management and renewable energy businesses.

Silver Ridge Says No Undisclosed Developments Behind Share Price Drop

KUALA LUMPUR, June 29 (Bernama) -- Silver Ridge Holdings Bhd (SRHB) said it is not aware of any undisclosed corporate developments, rumours or other factors that could explain the sharp decline in its share price, following an unusual market activity (UMA) query from Bursa Malaysia.

Service Tax Exemption Eases Financial Impact On Non-residential Buildings Management - MIPFM

KUALA LUMPUR, June 26 (Bernama) -- The government’s decision to exempt Service Tax on service charges and sinking fund contributions for non-residential buildings will help ease the financial impact on the management of non-residential stratified properties, said the Malaysian Institute of Property and Facility Managers (MIPFM).

Enest Group Eyes RM15.11 Mln IPO Proceeds To Repay Debt, Fund Operations

KUALA LUMPUR, June 26 (Bernama) -- LEAP Market-listed Enest Group Bhd aims to raise RM15.11 million from its initial public offering (IPO) as part of its transfer to the ACE Market of Bursa Malaysia Securities Bhd.

ACCA Mid-Year Tax Focus Conference Calls For Smarter Public-Private Collaboration

KUALA LUMPUR, June 25 (Bernama) -- The Association of Chartered Certified Accountants (ACCA) held its Mid-Year Tax Focus Conference on Wednesday, underscoring the importance of strengthening economic resilience and deepening smarter collaborations between the public and private sectors as Malaysia advances key fiscal reforms amid a period of global uncertainty.