Newsfeed – Business News
SCIB sells concrete subsidiary to YTL Cement for RM113mil
KUALA LUMPUR: Sarawak Consolidated Industries Bhd’s (SCIB) wholly owned subsidiary, SCIB Holdings Sdn Bhd, has entered into a conditional share sale and purchase agreement (SSPA) with YTL Cement (Sarawak) Sdn […]
Ecobuilt sells Kapar land for RM5.74mil to reduce debt
PETALING JAYA: Ecobuilt Holdings Bhd has agreed to sell a piece of freehold industrial land in Kapar, Selangor, for RM5.74mil as part of its ongoing debt-reduction and financial restructuring efforts. […]
MUI Bhd to take asset-light strategy with Corus KLCC hotel sale
KUALA LUMPUR: Malayan United Industries Bhd (MUI Bhd) will explore hotel management and other hospitality-related businesses or assets despite having sold Corus Hotel KLCC located along Jalan Ampang here. Read […]
Dialog expects challenging economic environment ahead
PETALING JAYA: Dialog Group Bhd anticipates the economic environment to remain challenging in the short to medium term. Read full story Date: 18 November, 2025 9:01 pm Source: thestar.com.my
Critical Holdings acquires land in Penang for RM11.5mil
PETALING JAYA: Critical Holdings Bhd (CHB) is acquiring two pieces of freehold land and hereditaments in Bandar Jelutong, Penang, measuring approximately 2,425.619 sq metres with a semi-permanent building erected thereon […]
Paramount’s 3Q25 net profit up more than 50%
PETALING JAYA: Paramount Corp Bhd’s net profit jumped 52.6% year-on-year (y-o-y) to RM25.02mil in the third quarter ended Sept 30, 2025 (3Q25), even as its biggest business segment – property […]
BAT Malaysia to raise cigarette prices from Nov 21
KUALA LUMPUR: British American Tobacco (Malaysia) Bhd (BAT Malaysia) has announced an adjustment in the prices of its cigarette products following the increase in excise duties under Malaysia’s Budget 2026. […]
Dialog Group expands Pengerang Deepwater Terminals with BP deal
KUALA LUMPUR: Dialog Group Bhd has announced the expansion of Phase 3 at its Pengerang Deepwater Terminals (PDT) in Johor, Malaysia, following the signing of a conditional long-term service agreement […]
Lianson Fleet Group partners with PetroVietnam to explore JV in offshore drilling
PETALING JAYA: Lianson Fleet Group Bhd (LFG), formerly known as Icon Offshore, has signed a non-binding term sheet with Vietnam’s PetroVietnam Drilling & Well Service Corporation (PVD) to explore a […]
Ringgit extends technical correction, ends lower as US rate outlook remains uncertain
KUALA LUMPUR: The ringgit continued its technical correction, closing lower against the US dollar today, as traders and investors cashed in amid uncertainty over the United States interest rate outlook. Read full story Date: 18 November, […]