Beacon Accelerates AI Deployment With Haize Labs Acquisition

KUALA LUMPUR, Sept 18 (Bernama) -- Beacon Software (Beacon), the first centralised artificial intelligence (AI) holding company, has acquired Haize Labs, an AI reliability company testing and safeguarding AI agents for real-world deployment.

Domestic Private Investments Can Revitalise Idle Assets — Johari

KUALA LUMPUR, Sept 17 (Bernama) — Domestic private investments can revitalise idle assets and boost the local economic ecosystem, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

Frontken's Unit To Acquire Industrial Land, Factory Buildings For RM118 Mln

KUALA LUMPUR, Sept 15 (Bernama) -- Frontken Corporation Bhd’s (FCB) major subsidiary Ares Green Technology Corporation (AGTC) is acquiring industrial land and the factory buildings erected thereon from Ginwin Technology Co Ltd for RM118.16 million cash.

ABB Bank Completes 51 Pct Acquisition Of Uzbekistan’s Davr Bank

KUALA LUMPUR, Sept 15 (Bernama) -- ABB Financial Group has completed the acquisition of a controlling stake in Davr Bank, a commercial bank operating in Uzbekistan, with the transaction registered on Sept 10 at the Tashkent Stock Exchange.

NLC Reform Could Unlock Waqf Land Worth Billions For Housing – Idzham

JOHOR BAHRU, Sept 14 (Bernama) – Billions of ringgit worth of underutilised waqf land in Malaysia could be tapped for affordable housing if a clear legal framework is established to facilitate long-term development without transferring ownership of the land, according to real estate practitioner Datuk Idzham Mohd Hashim.

Hextar Industries Falls After RM178 Mln Llaollao Deal Terminated

KUALA LUMPUR, Sept 14 (Bernama) -- Hextar Industries Bhd’s share price fell in early trading on Monday after its RM177.48 million deal to acquire a 51 per cent stake in the Malaysian master franchisee of llaollao frozen yoghurt was terminated.

IHH Says Fortis Acquisition Delays Caused Losses Amid Daiichi Sankyo Dispute With Debtors

KUALA LUMPUR, Sept 11 (Bernama) -- IHH Healthcare Bhd said it suffered losses due to delays in obtaining the required mandatory tender offer (MTO) approvals for its acquisition of Fortis Healthcare amid a dispute between Japanese pharmaceutical company Daiichi Sankyo Co Ltd and its “judgment debtors.”

Tokyo Court Dismisses IHH Unit’s Claims Against Daiichi Sankyo

KUALA LUMPUR, Sept 10 (Bernama) -- The Tokyo District Court has dismissed all claims brought by IHH Healthcare Bhd’s indirect wholly-owned subsidiary Northern TK Venture Pte Ltd (NTK) against Japanese pharmaceutical company Daiichi Sankyo Company Ltd.

Proposed MYEG Ventures Stake Acquisition Commercially Viable - Zetrix AI

KUALA LUMPUR, Sept 9 (Bernama) -- Zetrix AI Bhd announced that the proposed acquisition by Philippine-based corporate entity IPVG Employees Inc of a 50 per cent equity interest in MYEG Ventures Inc is commercially viable.

Perdana Petroleum Proposes Additional 'Third Eye' For Offshore Monitoring

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 9 (Bernama) -- Budget 2027 should consider establishing a formal information-sharing framework that enables offshore support vessels (OSVs) to serve as an additional “third eye” in safeguarding Malaysia’s waters and critical offshore energy infrastructure, said Perdana Petroleum Bhd.

Entrepreneurial Mindset Key To Graduate Employability – UOC Pro-chancellor

KUALA LUMPUR, Sept 9 (Bernama) -- An entrepreneurial mindset should be embedded more deeply in Malaysia’s higher education system to develop graduates with long-term employability, moving beyond the traditional focus of preparing them primarily for their first job.

Maybank, Ageas Insurance Ink SPA For RM4.83 Bln MAHB Acquisition

KUALA LUMPUR, Sept 8 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an unconditional share purchase agreement (SPA) with Belgium-based Ageas Insurance International NV to acquire the remaining 30.95 per cent equity interest in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion.