28d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia ended higher on Thursday, tracking positive cues from Wall Street, with sentiment further bolstered by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.
28d ago
KUALA LUMPUR, Sept 3 (Bernama) -- Command Alkon, a software and solutions provider for the heavy building materials industry, is celebrating its 50th anniversary.
28d ago
KUALA LUMPUR, Sept 3 (Bernama) -- Gradiant, the water layer of the artificial intelligence (AI) economy, has secured a new contract to deliver a full turnkey water and wastewater package for a hyperscale AI data centre campus in West Texas, covering potable water supply and wastewater treatment as a single accountable partner.
28d ago
KUALA LUMPUR, Sept 3 (Bernama) -- The issuance of sukuk worth RM11.5 billion is not a new bailout for Lembaga Tabung Haji (TH), but rather a refinancing process that provides the institution with the advantage of continuous cash flow.
28d ago
By Nik Nurfaqih Nik Wil
JAKARTA, Sept 3 (Bernama) -- Malaysia and Indonesia have significant scope to expand bilateral trade beyond the RM114 billion recorded last year by strengthening trade facilitation and improving cross-border goods movement.
28d ago
KUALA LUMPUR, Sept 3 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, has served as the lead investor for Aukera’s 460 million euros structured credit facility. (1 Euro = RM4.67)
28d ago
KUALA LUMPUR, Sept 3 (Bernama) -- Patton LLC and alfanar have signed a strategic cooperation agreement to modernise operational technology (OT) and information technology (IT) networks supporting electrical substations, smart-grid infrastructure and critical energy operations across Saudi Arabia.
28d ago
KUALA LUMPUR, Sept 3 (Bernama) -- Fortrea and Worldwide Clinical Trials (Worldwide) have signed a definitive agreement under which Fortrea will acquire Worldwide’s Early Phase Services division (Early Phase) in an all-cash transaction valued at approximately US$45 million. (US$1=RM4.03)
28d ago
KUALA LUMPUR, Sept 3 (Bernama) -- Agrobank continues to strengthen its role as an agricultural development financial institution by channelling pineapple industry development financing to Ning Planters Sdn Bhd to support the development of the Sarawak Gold 1 (SG1) premium pineapple industry.
28d ago
KUALA LUMPUR, Sept 3 (Bernama) -- Tomei Consolidated Bhd’s GoldNow has introduced new Gold Gifting and Gold Savings features to further strengthen its position as Malaysia’s premier mobile gold accumulation platform.
28d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia opened higher on Thursday, supported by gains in financial, plantation and utilities stocks, as investors awaited Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision later in the day and tracked Wall Street’s positive overnight performance.
29d ago
KUALA LUMPUR, Sept 2 (Bernama) -- AirAsia Group Bhd has clarified that its planned fundraising exercises, comprising up to US$1 billion (US$1=RM4.04) in international debt markets and RM700 million in local credit facilities, are primarily targeted at debt restructuring or refinancing and balance sheet consolidation, rather than purely funding operational shortfalls.