Malaysia Digitally Equipped To Be Regional Services Hub For Global Companies – Tengku Zafrul

KUALA LUMPUR, The Ministry of Trade, Investment and Industry (MITI) will continue to nurture talent, deepen trade relationships and ensure Malaysia remains a leading manufacturing and services hub, contributing to a prosperous and inclusive Asean.

I…

ADE Poised To Be Capital A’s First Business To Be Listed On Bursa – Fernandes

SEPANG, Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd, is poised to be Capital A’s first business unit to be listed on Bursa Malaysia, said Capital A chief executive officer Tan Sri Tony Fernan…

Johor Plantations Issues Its First Sukuk Wakalah Of RM1.35 Bln

KUALA LUMPUR, Johor Plantations Group Bhd has successfully issued its inaugural Sukuk Wakalah in aggregate of RM1.35 billion in nominal value from its Sukuk Wakalah Programme.

The group said the issuance will significantly reduce its annual interest…

Northeast Aims To Raise RM84.5 Mln From ACE Market IPO

GEORGE TOWN, Northeast Group Bhd aims to raise about RM84.5 million from its initial public offering (IPO) ahead of its ACE Market listing on October 15.

The precision engineering components manufacturer is issuing 168.99 million new shares at an IP…

Gamuda Proposes Bonus Issue After Record-breaking RM15 Bln Revenue In FY2024

KUALA LUMPUR, Gamuda Bhd has proposed a bonus issue to reward its shareholders following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.

In a statement t…

ASEAN Chairmanship 2025: Malaysia Assures Member States Of Robust Digital Economic Growth For All – Anwar

KUALA LUMPUR, Malaysia will ensure robust digital economic growth across the 10 ASEAN member states as it takes up chairmanship next year, said Prime Minister Datuk Seri Anwar Ibrahim.

He said the country remains focused on strengthening cyber secur…

MIDF Expects Bursa Malaysia’s Positive Momentum To Continue In 4Q And Into 2025

KUALA LUMPUR, MIDF Amanah Investment Bank Bhd expects Bursa Malaysia’s positive market momentum to continue in the last quarter of 2024 (4Q), driven by foreign inflows, underpinned by a healthy economy and a positive corporate earnings outlook.

It n…