Newsfeed – Business News
Favelle Favco acquires France-based Seram Industries SAS
PETALING JAYA: Favelle Favco Bhd is proposing to acquire France-based Seram Industries SAS from Marec Industrie SAS for an initial purchase price of 7.5 million euros (RM36mil), with conditional deferred […]
TM Nxera partners with TNB to secure 280MW for data centre campus
KUALA LUMPUR: TM Nxera has signed a multi-year electricity supply agreement with Tenaga Nasional (TNB) to secure 280 megawatt (MW) for its hyperconnected, AI-ready data centre campus in Iskandar Puteri, Johor. […]
Vantris Energy divests stake in L&T-Sapura Shipping for 124mil
PETALING JAYA: Vantris Energy Bhd has divested its 40% equity interest in L&T-Sapura Shipping Pvt Ltd (LTSSPL) to its joint-venture partner, Larsen & Toubro Ltd for US$30.5mil (RM123.91mil). Read full […]
MN Holdings proposes transfer to the Main Market of Bursa Securities
PETALING JAYA: MN Holdings Bhd is proposing a transfer of its listing from the ACE Market to the Main Market of Bursa Malaysia Securities Bhd, alongside proposed amendments to its […]
Awanbiru appoints Azizah Ali as its group CEO
PETALING JAYA: Awanbiru Technology Bhd has appointed Azizah Ali as its group chief executive officer. Read full story Date: 12 January, 2026 7:15 pm Source: thestar.com.my
HE Group wins power distribution system contract
PETALING JAYA: HE Group Bhd has accepted a purchase order (PO) for the power distribution system works for a manufacturer of electronic products in Malaysia. Read full story Date: 12 […]
Sunway launches RM11bil take-over of IJM Corp at RM3.15 a share
KUALA LUMPUR: Sunway Bhd is proposing a conditional voluntary take-over offer to acquire all shares in IJM Corp Bhd at RM3.15 per share, valuing the construction and property group at […]
Singapore defends GIC, Temasek returns as reasonable
SINGAPORE: Returns generated by Singapore sovereign wealth fund GIC and state investor Temasek are reasonable and within expectations given their mandates and risk profiles, a minister said on Monday, amid […]
FBM KLCI hits six-year high, extends rally on stronger risk appetite
KUALA LUMPUR: The FBM KLCI closed at its highest in over six years, extending its rally in line with improved risk appetite amid a broad-based regional advance. Read full story […]
Gold breaches US$4,600/oz for first time ever as Powell-Trump rift stokes safe-haven demand
GOLD broke through $4,600/ounce for the first time on Monday, while silver also hit a record high, as investors snapped up safe-haven assets amid heightened geopolitical uncertainties and a criminal […]
