Newsfeed – Business News
Mulpha International invests US$20mil in Hong Kong’s Sun Hung Kai bond programme
KUALA LUMPUR: Mulpha International Bhd’s (MIB) wholly owned indirect subsidiary, Mulpha Strategic Ltd (MSL), has invested US$20 million (US$1 = RM4.04) in senior unsecured fixed-rate notes issued under Hong Kong-based […]
F&N to focus on innovation, diversification and transformation
PETALING JAYA: Innovation, diversification and transformation will remain key for consumer group Fraser & Neave Holdings Bhd (F&NHB) as it looks to continue building future value. Read full story Date: […]
Ringgit breaches 4.04 level against US dollar after OPR maintained at 2.75%
KUALA LUMPUR: The ringgit closed firmer against the US dollar on Thursday, supported by improved market sentiment following Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR). […]
Apex Healthcare to be delisted on Jan 27
PETALING JAYA: Apex Healthcare Bhd will be officially delisted on Jan 27, following the completion of Pharmora Investment Holdings Pte Ltd’s takeover and privatisation of the company. Read full story […]
Capital A’s Teleport to raise US$50mil via perpetual securities
KUALA LUMPUR: Capital A Bhd’s logistics arm, Teleport Everywhere Pte Ltd, has entered into an agreement to issue US$50mil (RM205mil) in redeemable convertible perpetual securities (RCPS) to funds managed by […]
BWYS shareholders approve RM67mil property disposal, RM94.5mil land acquisition
KUALA LUMPUR: BWYS Group Bhd’s shareholders have approved the disposal of a leasehold industrial property in Bukit Changgang for RM67mil, alongside the acquisition of a freehold industrial land in Tanjong […]
Prudential to raise stake in Malaysia life insurer holding firm to 70% for US$377mil
BRITISH insurer Prudential said on Thursday it had agreed to buy an additional 19% stake in Sri Han Suria, the holding company that owns Prudential Assurance Malaysia, for around RM1.52bil […]
Kimlun issues RM10.81mil Islamic commercial papers
KUALA LUMPUR: Kimlun Corporation Bhd has successfully issued Islamic commercial papers (ICP) with a nominal value of RM10.81 million pursuant to its ICP programme. Read full story Date: 22 January, […]
FBM KLCI climbs amid firmer regional markets, stronger ringgit
KUALA LUMPUR: The FBM KLCI ended higher on Thursday amid firmer regional markets, as the ringgit strengthened following Bank Negara’s decision to keep the Overnight Policy Rate (OPR) unchanged at […]
Cabnet secures RM14.8mil electrical contracts Johor Baru
KUALA LUMPUR: Cabnet Holdings Bhd’s wholly-owned subsidiary, Cabnet M&E Sdn Bhd, has secured contracts worth RM14.8mil from Haily Construction Sdn Bhd for electrical system works on projects in Johor Bahru. […]