Newsfeed – Business News
Kelington secures semiconductor project in Germany
PETALING JAYA: Kelington Group Bhd, via its wholly-owned subsidiary Kelington Engineering (Germany) GmbH (KEGG), has accepted a letter of intent (LOI) for a semiconductor hook-up project in Dresden, Germany. Read […]
Ajiya sells Negeri Sembilan industrial land for RM52mil
PETALING JAYA: Ajiya Bhd is disposing of two adjoining parcels of vacant industrial land measuring 64,069 sq metres in negeri Sembilan to Kumkang Kind (M) Sdn Bhd and Asia Roofing […]
Johor Plantations partners with state-linked firms to transform palm oil sector
KUALA LUMPUR: Johor Plantations Group Bhd has signed a memorandum of understanding with YPJ Plantations Sdn Bhd (YPJP) and PIJ Holdings Sdn Bhd (PIJH) to enhance cooperation and drive transformation […]
Tex Cycle completes Meridian World acquisition
KUALA LUMPUR: Tex Cycle Technology Bhd has completed its acquisition of Meridian World Sdn Bhd, with RM42.8mil paid to vendors and RM6.7mil retained with solicitors. Read full story Date: 4 […]
Kim Hin minority shareholders advised to reject chairman’s 85 sen offer
PETALING JAYA: Kim Hin Industry Bhd’s offer for privatisation by its joint offerors including the company and its chairman Chua Seng Huat at 85 sen per share has been deemed […]
FBM KLCI falls on profit-taking despite regional market gains
KUALA LUMPUR: Bursa Malaysia bucked the broadly higher regional trend as investors took profit off the table, sending the FBM KLCI lower on selling in banking stocks. Read full story […]
Arshad Ismail named CEO of MARC Ratings
PETALING JAYA: Malaysian Rating Corp Bhd (MARC) has appointed group chief executive officer (CEO) Arshad Mohamed Ismail as the CEO of MARC Ratings Bhd, the group’s credit rating subsidiary. Read […]
Palm oil reserves in Malaysia seen surging to 19-month high
PALM oil inventories in Malaysia climbed to the highest level since December 2023 as production in the world’s second-biggest grower rebounded, according to a Bloomberg survey. Prices in Kuala Lumpur […]
Capital A appoints Fam Lee Ee as the president of AirAsia China
PETALING JAYA: Capital A Bhd has announced the appointment of Datuk Fam Lee Ee as the president of AirAsia China, effective from Aug 1, 2025. Read full story Date: 4 […]
Asian currencies gain as dollar retreats; equities rise on Fed easing bets
ASIAN currencies gained on Monday as dollar weakness offered relief from recent losses, while equities climbed on hopes the U.S. Federal Reserve would cut rates, easing economic pressures amid uncertainty […]