UMS To Save More Than RM57 Mln In Electricity Costs Through Solar Project

KOTA KINABALU, Sept 30 (Bernama) -- Universiti Malaysia Sabah (UMS) is expected to save more than RM57 million in electricity costs through its solar energy project.

RedPlanet Aims To Raise RM13.3 Mln Via IPO For ACE Market Transfer

KUALA LUMPUR, Sept 28 (Bernama) — RedPlanet Bhd aims to raise RM13.3 million through an initial public offering (IPO) ahead of its listing transfer to the ACE Market from the LEAP Market of Bursa Malaysia on Oct 22.

BPMB Calls For Targeted Financing, MSME Support In Budget 2027

By Karina Imran

KUALA LUMPUR, Sept 28 (Bernama) -- Bank Pembangunan Malaysia Bhd Group (BPMB Group) has called for Budget 2027 to prioritise targeted measures that improve access to working capital and provide repayment flexibility for viable businesses affected by geopolitical developments and rising costs. 

Favelle Favco's Unit Bags Offshore Crane Contracts Worth RM88.8 Mln

KUALA LUMPUR, Sept 25 (Bernama) -- Favelle Favco Bhd’s (FFB) unit, Favelle Favco Cranes (M) Sdn Bhd, has secured RM88.8 million worth of contracts from Saipem Offshore Construction SPA, Malaysia Marine and Heavy Engineering Sdn Bhd, and OceanMight Sdn Bhd for the supply of offshore cranes.

YYForce Reports 26.8 Pct Revenue Growth In 1H 2026

KUALA LUMPUR, Sept 25 (Bernama) -- YYForce Inc (YYForce), an artificial intelligence (AI)-enabled workforce management platform and integrated facility management (IFM) provider, reported a 26.8 per cent year over year (yoy) increase in revenue to US$32.66 million for the first half (1H) of 2026 from US$25.75 million. (US$1 = RM4.08)

AM Best Affirms Vietnam’s BIC Credit Ratings With Stable Outlook

KUALA LUMPUR, Sept 25 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of BIDV Insurance Joint Stock Corporation (BIC).

Vantris Energy Subsidiary Secures RM1.8 Bln Offshore Work Contract

KUALA LUMPUR, Sept 25 (Bernama) -- Vantris Energy Bhd’s indirect wholly owned subsidiary VTEB Offshore Sdn Bhd (VOSB), has secured two offshore transportation and installation (T&I) work orders with a combined value of about RM1.8 billion.

Luno, Halogen Capital, Kenanga Investors In Tie-up To Explore Ringgit-Pegged Stablecoin

KUALA LUMPUR, Sept 24 (Bernama) -- Luno Malaysia Sdn Bhd has formed a strategic collaboration with Halogen Capital Sdn Bhd and Kenanga Investors Bhd to explore the use of a fully reserved, ringgit-pegged stablecoin (UMYR) as an on-chain settlement instrument for tokenised money market funds.

SLGC IPO Oversubscribed 3.1 Times Ahead Of ACE Market Listing

KUALA LUMPUR, Sept 24 (Bernama) -- SLGC Bhd’s initial public offering (IPO) has been oversubscribed by 3.1 times, ahead of its listing on the ACE Market of Bursa Malaysia Securities.

Financing For Priority Sectors Still Modest Despite Policy Ambitions -- BNM Governor

KUALA LUMPUR, Sept 24 (Bernama) -- Financing for catalytic priority sectors has remained relatively modest despite strong policy ambitions in national master plans, with lending approvals continuing to be concentrated in services, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Samsung P/C China Credit Ratings Affirmed At Excellent - AM Best

KUALA LUMPUR, Sept 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Samsung Property & Casualty Insurance Company (China) Ltd (Samsung P/C China), with a stable outlook.

Institute Of Corporate Directors Appoints Sridharan Nair To Its Board

KUALA LUMPUR, Sept 24 (Bernama) -- The Institute of Corporate Directors Malaysia (ICDM) has appointed Sridharan Nair to its board, bringing valuable regional experience that enhances the board’s capabilities across audit, governance and leadership.