Newsfeed – Business News
Gold rush rolls on
Gold looks set to continue its extraordinary run in 2026, with prices poised to climb even higher amid ongoing geopolitical uncertainty, persistent fiscal pressures, and strong central bank demand. Read […]
Stake sales for national goals
Khazanah Nasional Bhd has continued to sell stakes in its core holdings, leading to substantial changes in the government’s holdings in strategic companies. Read full story Date: 13 December, 2025 […]
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
