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.

Malaysia's 2026 GDP Growth Could Hit 5.7 Pct On Stronger Manufacturing, Investments -- Economists

KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia’s economy could expand by an average 5.7 per cent in 2026, exceeding official forecasts, driven by stronger manufacturing, construction and investments, said two economists.

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.

HE Group Unit Secures RM124 Mln Johor Data Centre Subcontract

KUALA LUMPUR, Sept 24 (Bernama) -- He Group Bhd's wholly-owned subsidiary, Hexatech Engineering Sdn Bhd has secured a subcontract worth RM124 million to supply, install, test and commission the main electrical works for a data centre in Johor.

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.

Scaling Clean Power Depends On The Readiness Of The Wider Energy System To Support IT - TNB

KUALA LUMPUR, Sept 24 (Bernama) -- As demand from customers and industries continues to grow, cleaner generation must progress alongside a smarter and more efficient grid, Tenaga Nasional Bhd (TNB) Chief Strategy and Ventures Officer Ir Dr Mohd Fadzil Mohd Siam said.

Biotech Veteran Peter Olagunju Joins ImmunoScape As CEO

KUALA LUMPUR, Sept 24 (Bernama) -- ImmunoScape Pte Ltd, an A*STAR spin-out developing T-cell receptor (TCR)-based cancer immunotherapies, has appointed biotechnology industry veteran Peter Olagunju as chief executive officer (CEO) to guide its "Seed and Boost" platform towards clinical development.

Budget 2027: Income, Wages Must Remain A Priority - Akmal

GEORGE TOWN, Sept 24 (Bernama) -- Income and wages must remain a priority in the planning of Budget 2027, alongside efforts to strengthen the capabilities of local companies in high-growth, high-value (HGHV) industries.

Petronas Upstream Investments Support Malaysia O&G Outlook - RHB IB

KUALA LUMPUR, Sept 24 (Bernama) -- RHB Investment Bank (RHB IB) has maintained its 'overweight' call on Malaysia’s oil and gas (O&G) sector, with Petroliam Nasional Bhd’s (Petronas) continued growth in  upstream investments reinforcing its positive 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.

Bangladesh Eyes Greater Economic Integration Through Trade, Investment Diversification

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 23 (Bernama) -- Bangladesh is eyeing a move from the existing conventional trade to greater economic integration by diversifying trade, broadening investments and deepening business partnerships through business engagements.

Bursa Malaysia Ends Lower On Profit-taking, Weaker Sentiment Towards Petrochemical Stocks

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia closed lower on Wednesday, weighed down by profit-taking in selected heavyweights and weaker sentiment towards petrochemical stocks as oil prices continued to slide, said an analyst.