1d ago
KUALA LUMPUR, May 15 (Bernama) -- Mobix Labs has unveiled plans to expand into the strategic rare earth and critical minerals sector through a proposed acquisition of Special Project Delivery LLC (SPD), a United States (US)-based supply chain platform.
2d ago
KUALA LUMPUR, May 14 (Bernama) — Malaysia’s property market activity remained stable with a moderate growth in the first quarter of 2026 (1Q 2026), with transactions totalling 89,966 worth RM51.9 billion, according to the Valuation and Property Services Department (JPPH) Director-General Abdul Razak Yusak.
2d ago
KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)
3d ago
KUALA LUMPUR, May 13 (Bernama) -- The proposed “Option to Purchase” (OTP) clause under the new housing law could provide greater protection for prospective home buyers while helping developers to better gauge genuine market interest and reduce the risk of abandoned projects, said the Real Estate and Housing Developers’ Association (Rehda).
4d ago
KUALA LUMPUR, May 12 (Bernama) -- Paydibs Sdn Bhd has onboarded as a direct participant with Payments Network Malaysia (PayNet) for DuitNow QR (DNQR) acceptance, marking a significant upgrade for the payment service provider's infrastructure.
5d ago
KUALA LUMPUR, May 11 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has completed its first transaction for EVF General Finance Joint Stock Company (EVF) in Vietnam by securing US$25 million from the OPEC Fund for International Development (OFID). (US$1 = RM3.91)
5d ago
KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s wholesale and retail trade climbed 9.8 per cent year-on-year in March 2026, with sales worth RM169 billion, supported by strong seasonal consumer demand, according to the Department of Statistics Malaysia (DOSM).
5d ago
KUALA LUMPUR, May 11 (Bernama) -- TOMI Environmental Solutions Inc (TOMI) has clarified its previously announced non-binding letter of intent (the LOI) for a merger transaction to acquire 100 per cent of the outstanding equity of Carbonium Core Inc (Carbonium Core).
8d ago
KUALA LUMPUR, May 8 (Bernama) -- Parkson Holdings Bhd’s 54.97 per cent-owned subsidiary Parkson Retail Group Ltd (PRGL) has renewed the tenancy of its Shanghai Hongqiao retail property in China for a further 10 years until Dec 31, 2036.
8d ago
KUALA LUMPUR, May 8 (Bernama) -- KJTS Group Bhd’s joint venture, Lestari Cooling Energy Sdn Bhd, has activated its operating platform with its first investment in operating assets owned by KIP Real Estate Investment Trust (KIP REIT).
8d ago
KUALA LUMPUR, May 8 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, has reported an operating loss of US$6.5 million for the first quarter (Q1) ended March 31, 2026, compared to US$4.7 million in the same period last year. (US$1=RM3.91)
8d ago
KUALA LUMPUR, May 8 (Bernama) -- Xsolla, a global video game commerce company, has announced its participation in Vietnam GameVerse 2026 at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, Vietnam.