9d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 11 (Bernama) – The entire approval process for Lembaga Tabung Haji’s (TH) purchase of a 30 per cent stake in Putrajaya Perdana Bhd in 2014 took place when the company was said to be under the control of Low Taek Jho, or Jho Low, through Utama Banking Group Bhd (UBG Bhd).
11d ago
KUALA LUMPUR, Aug 10 (Bernama) -- Sia, a global management consulting group, has expanded its international presence with the acquisition of Seven Consulting, an Australian management consulting firm.
11d ago
KOTA KINABALU, Aug 9 (Bernama) -- The Sabah government will acquire a 30 per cent stake in two new oil and gas fields on the state's east coast, said Sabah Chief Minister Datuk Seri Hajiji Noor.
14d ago
KUALA LUMPUR, Aug 7 (Bernama) -- The Fortegra Group Inc (Fortegra), a global speciality insurer and part of DB Insurance Co Ltd, has received ratings upgrades from AM Best and KBRA following its acquisition by the South Korean insurer.
14d ago
..KUALA LUMPUR, Aug 6 (Bernama) -- Batu Kawan Bhd announced that its wholly owned subsidiary, Whitmore Holdings Sdn Bhd’s voluntary takeover offer for MKH Bhd has become unconditional after the former’s shareholders approved the proposed acquisition at the group's extraordinary general meeting (EGM) on Aug 5.
15d ago
KUALA LUMPUR, Aug 5 (Bernama) -- Moove, a global mobility technology company, has raised US$250 million in a Series C funding round that values the company at US$2.1 billion, led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific. (US$1=RM4.09)
15d ago
KUALA LUMPUR, Aug 5 (Bernama) -- AlixPartners has acquired Artium, an agentic artificial intelligence (AI) software consulting firm that develops enterprise AI agents for clients including BNY Mellon, Mayo Clinic and eBay, as the global consulting firm expands its AI capabilities.
16d ago
KUALA LUMPUR, Aug 4 (Bernama) -- Univar Solutions LLC (Univar Solutions) has acquired H.M. Royal, a 101-year-old speciality distributor of rubber, plastics and adhesive additives, to strengthen its Performance Materials business and expand its presence in the United States (US).
16d ago
KUALA LUMPUR, Aug 4 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (Lendlease REIT), has announced its second half (2H) and full-year financial results for FY2026, with gross revenue rising 6.8 per cent year-on-year (YoY) to SG$110.0 million in 2H FY2026. (SG$1 = RM3.19)
17d ago
KUALA LUMPUR, Aug 4 (Bernama) -- Abu Dhabi-based investment holding firm, 2PointZero Group has reported revenue of 21.9 billion Emirati dirham and a group net profit of 7.7 billion Emirati dirham for the first half of 2026. (100 Emirati dirham = RM111.58)
17d ago
KUALA LUMPUR, Aug 4 (Bernama) -- Malayan Banking Bhd’s (Maybank) share price slid 0.55 per cent on Tuesday morning after announcing the acquisition of the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd yesterday.
17d ago
KUALA LUMPUR, Aug 3 (Bernama) -- Press Metal Aluminium Holdings Bhd plans to acquire a 35.6 per cent stake in PMB Technology Bhd for RM464.95 million in cash, raising its interest to a controlling 58.8 per cent from 23.2 per cent.