Newsfeed – Business News
Aeon Credit issues 11th senior sukuk worth RM200mil
KUALA LUMPUR: AEON Credit Service (M) Bhd issued its 11th issuance of Senior Sukuk today with a nominal amount of RM200 million and a tenure of five years. Read full […]
UWC says 1Q net profit rises to RM17.11mil on higher order flows
KUALA LUMPUR: UWC Bhd said its improved performance in the first financial quarter (1QFY26) can be attributed to improving conditions in the semiconductor industry and the positive impact of its […]
Velesto divests NAGA 3 jack-up drilling rig for RM258mil
KUALA LUMPUR: Velesto Energy Bhd has divested its jack-up drilling rig, NAGA 3, to PT Indonesia Drilling Energy for US$63mil cash (RM258.4mil), in line with fleet optimisation efforts. Read full […]
GDB announces board realignment to head expansion into East Malaysia
PETALING JAYA: Construction services firm GDB Holdings Bhd has appointed Andy Lai Wee Young as its executive director and acting group managing director. Read full story Date: 16 December, 2025 […]
BPMB provides RM97.63mil financing facility to Johor’s Coronade Properties
JOHOR BAHRU: Bank Pembangunan Malaysia Bhd (BPMB) today formalised a RM97.63 million Term Financing-i facility with Coronade Properties Sdn Bhd (CPSB) to fund public infrastructure works for Coronation Square, an […]
PTT Synergy accepts RM35.88mil construction job from Sime Darby Property
KUALA LUMPUR: PTT Synergy Bhd via its wholly-owned subsidiary Pembinaan Tetap Teguh Sdn Bhd (PTTSB) has secured a RM35.88mil contract from Sime Darby Property (BBR Business Park) Sdn Bhd for […]
Bursa Malaysia closes higher for fourth consecutive session
KUALA LUMPUR: Bursa Malaysia extended its positive performance, closing higher for a fourth consecutive session, supported by improving local market sentiment underpinned by a firm domestic macroeconomic backdrop. Read full […]
Carimin Petroleum unit bags RM33.98mil PETRONAS Gas contract
KUALA LUMPUR: Carimin Petroleum Bhd’s wholly-owned subsidiary Carimin Engineering Services Sdn Bhd has accepted a contract from PETRONAS Gas Bhd for the provision of procurement, construction and commissioning of permanent […]
DNeX to be included in F4GBM, F4GBMS indices from Dec 22
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) will be included in the FTSE4Good Bursa Malaysia (F4GBM) Index and FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index, effective Dec 22, 2025. Read full story […]
Palm oil industry to remain stable in 2026, focusing on R&D, yield improvement – Johari
BANGI: Malaysia’s palm oil industry is expected to remain stable and competitive next year, driven by continued emphasis on research and development (R&D), yield improvements and sustainable practices in line […]