Newsfeed – Business News
Hume Cement divests concrete subsidiary to YTL Cement Sarawak for RM215mil
PETALING JAYA: Hume Cement Industries Bhd has signed a share sale and purchase agreement with YTL Cement Bhd’s wholly-owned subsidiary YTL Cement (Sarawak) Sdn Bhd to dispose of its entire […]
RHB Islamic targets RM5bil with sukuk programme
PETALING JAYA: RHB Bank Bhd’s wholly-owned subsidiary, RHB Islamic, aims to raise up to RM5bil from a Sukuk Wakalah Programme that has been lodged with the Securities Commission. Read full […]
Ringgit continues to soar, hitting 4.09 vs US dollar, the highest since April 2021
KUALA LUMPUR: The ringgit continued its positive momentum, jumping to the 4.09 level against the US dollar at Friday’s close, hitting a new four-year-and-seven-month high, supported by positive Malaysian economic data. Read full […]
Industronics unit to acquire Melaka retail property for RM5mil
KUALA LUMPUR: Industronics Bhd has entered into an agreement to acquire a retail property in Melaka for RM5mil as part of its strategy to expand its income-generating asset base. Read […]
Orkim draws EPF, KWAP, Prudential as substantial shareholders
KUALA LUMPUR: Oil and gas shipping company Orkim Bhd has attracted strong institutional interest following its initial public offering (IPO), with several major funds emerging as substantial shareholders. Read full […]
Xpeng to partner with EPMB to start EV production in Malaysia in 2026
SHANGHAI: Xpeng said on Friday that it has partnered with EP Manufacturing Bhd (EPMB) to start mass electric vehicle production in 2026 in Malaysia, marking its third production base outside […]
Khee San’s rights issue 80.25% subscribed, raises RM77.12mil
KUALA LUMPUR: Khee San Bhd (KSB) said its renounceable rights issue with warrants was 80.25% subscribed, raising RM77.12mil following the close of the application period on Dec 5, 2025. Read […]
Yinson raises RM1.18bil via dual-tranche sukuk issuance
KUALA LUMPUR: Yinson Holdings Bhd has issued a RM1.175bil dual-tranche Sukuk Wakalah under its newly established Sukuk Wakalah Programme. Read full story Date: 12 December, 2025 7:00 pm Source: thestar.com.my
AWC wins RM42.3mil subcontract for data centre
PETALING JAYA: AWC Bhd wholly-owned subsidiary Qudotech Sdn Bhd has accepted a letter of award from Gamuda Bhd for subcontract works at a hyperscale data centre in Eco Business Park […]
FBM KLCI ends week higher as ringgit hits four-year high
KUALA LUMPUR: The FBM KLCI wrapped up the week higher, supported by positive regional sentiment and a rally in the ringgit to a four-year high. Read full story Date: 12 […]