Newsfeed – Business News
Ramssol appointed by MOT as JPJ collection agent
PETALING JAYA: Ramssol Group Bhd’s wholly-owned subsidiary, Rider Gate Sdn Bhd, has been appointed by the Transport Ministry (MOT) as the Road Transport Department Malaysia’s (JPJ) authorised collection agent for […]
SMRT to buy 37.5% stake in Singapore digital banking player
PETALING JAYA: SMRT Holdings Bhd is planning to acquire a 37.5% stake in Singapore-based Novus Technologies Pte Ltd (NTPL) for S$7.09mil, or RM22.48mil, which marks another step in the group’s […]
Coastal Contracts wins RM7.4mil charter contract
PETALING JAYA: Coastal Contracts Bhd has secured a charter contract worth RM7.38mil on Dec 5, 2025 for its liftboat, with the on-hire date expected to commence by Dec 10, 2025. […]
DRB-Hicom unit successfully acquires Spirit Aerosystem Malaysia
PETALING JAYA: Composites Technology Research Malaysia Sdn Bhd (CTRM), a wholly owned unit of DRB-HICOM Bhd, has completed its acquisition of Spirit AeroSystems Malaysia Sdn Bhd, strengthening its role in […]
Quality concrete secures RM91.48mil road project
KUALA LUMPUR: Quality Concrete Holdings Bhd (QCHB) has secured a RM91.48mil contract for road infrastructure works under the Upper Rajang Development Agency (URDA). Read full story Date: 8 December, 2025 […]
Perak Transit lodges sukuk wakalah programme documents with SC
KUALA LUMPUR: Perak Transit Bhd has lodged the required information and relevant documents relating to its Sukuk Wakalah Programme with the Securities Commission Malaysia (SC). Read full story Date: 8 December, […]
FBM KLCI retreats on Fed jitters as investors stay on sidelines
KUALA LUMPUR: The FBM KLCI slipped on Monday as anticipation of a US Federal Reserve rate cut kept investors cautious and trading subdued. Read full story Date: 8 December, 2025 […]
Apex Healthcare’s minority shareholders should accept buyout offer, says independent adviser
PETALING JAYA: Kenanga Investment Bank Bhd (Kenanga IB), in its role as independent adviser, has recommended that minority shareholders of Apex Healthcare Bhd accept the takeover offer from Pharmora Investment […]
Unilever completes ice cream demerger with Magnum set to list
LONDON: The Magnum Ice Cream Company is set to finalise its long-awaited spinoff from Unilever on Monday with an Amsterdam listing that will test investors’ sweet tooth. Read full story […]
Oil hovers near 2-week highs on expected US interest rate cut, geopolitical risk
SINGAPORE: Oil prices hovered at two-week highs on Monday as investors expect a likely U.S. Federal Reserve interest rate cut this week to lift economic growth and energy demand, while […]