Linyi Trade City Initiative To Ease Supply Chain Access For Malaysian Businesses

By Norhayati Mohd Akhir

LINYI (Shandong) Oct 30 (Bernama) -- Malaysian businesses will now have more efficient access to supply chains in China following Linyi Trade City Group's move to introduce the Market Procurement + Global Partners Initiative, backed by the integration of logistics, customs and financial services under a unified service platform.

Penang Seeks Simpler Import Procedures For Specialised Lab Equipment

BATU KAWAN, Oct 29 (Bernama) -- Penang hopes the federal government will consider reviewing and simplifying import procedures for specialised laboratory equipment to reduce uncertainty over equipment classification, tax exemptions and approval timelines.

North Atlantic France Raises Tender Offer Price To 75 Euros

KUALA LUMPUR, Oct 29 (Bernama) -- North Atlantic France has raised the price of its mandatory tender offer for the shares of North Atlantic Energies it does not already own to 75 euros per share. (1 Euro = RM4.54)

Vertex Material Plans NASDAQ Listing By 2Q-3Q Next Year, Eyes US$300-400 Mln

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysian advanced materials company and deep-tech unicorn, Vertex Material plans to list on the US NASDAQ stock exchange in the second or third quarter of next year, targeting to raise funds of US$300 million to US$400 million (US$1=RM4.08), said its chief executive officer Chris Lai.

MPM Urges Closer Collaboration With LPA, Labuan Corp, Customs To Strengthen Shipping Services To Labuan

By Jailani Hasan

LABUAN, Oct 23 (Bernama) -- Megah Port Management Sdn Bhd (MPM) has called for closer collaboration among the Labuan Port Authority (LPA), Labuan Corporation, the Royal Malaysian Customs Department and industry stakeholders to strengthen direct shipping services and enhance Labuan’s maritime connectivity.