Newsfeed – Business News
5E Resources inks underwriting deal with TA Securities for ACE Market listing
KUALA LUMPUR: Waste management services provider 5E Resources Holdings Bhd has signed an underwriting agreement with TA Securities Holdings Bhd as part of its initial public offering (IPO) in conjunction […]
Favelle Favco units secure purchase orders totalling RM42.6mil
PETALING JAYA: Favelle Favco Bhd (FFB) has announced that its subsidiaries, Favelle Favco Cranes (USA) Inc and Favelle Favco Cranes (M) Sdn Bhd have secured contracts worth RM42.6mil to supply […]
Sunview secures RM170mil banking facility
PETALING JAYA: Sunview Group Bhd’s indirect wholly-owned subsidiary, SAM 2 Sdn Bhd, has accepted banking facilities of RM170mil from Bank Kerjasama Rakyat Malaysia Bhd. Read full story Date: 25 March, […]
Astro maintains cautious outlook amid industry challenges
PETALING JAYA: Astro Malaysia Holdings Bhd is maintaining a cautious outlook as it grapples with content piracy, shifting consumer behaviour, and ongoing cost pressures, after its net profit halved in […]
Ringgit softens vs US dollar as markets await clearer signs of Iran war de‑escalation
KUALA LUMPUR: The ringgit weakened against the US dollar and other major currencies at Wednesday’s close on cautious sentiment as investors await clearer signs of de‑escalation in the Iran war. Read full story Date: […]
Yinson denies buyout talks after report of RM8bil privatisation plan
KUALA LUMPUR: Yinson Holdings Bhd has denied it is in discussions over a buyout, following reports that a group of shareholders was nearing a deal to take the company private […]
Hiap Teck 2Q profit triples on JV boost amid challenging steel market
KUALA LUMPUR: Hiap Teck Venture Bhd said it will continue to focus on operational efficiency, prudent cost management and disciplined trading, while leveraging its diversified business segments to sustain performance […]
Bursa Malaysia rises as Iran ceasefire hopes lift sentiment
KUALA LUMPUR: Bursa Malaysia ended higher on Wednesday as Iran ceasefire optimism lifted risk appetite and raised hopes of de-escalation in the Middle East crisis. Read full story Date: 25 […]
MN Holdings secures RM245mil CLS contracts for data centres
PETALING JAYA: MN Holdings Bhd has secured two contracts valued at RM125.40mil and RM120mil respectively, bringing the total combined contract value to RM245.40mil, for the construction of two separate consumer […]
Philippines declares emergency as energy supplies run short
THE Philippines declared a national energy emergency as the conflict in the Middle East threatens fuel supplies and the country’s economy. Read full story Date: 25 March, 2026 5:15 pm […]