Newsfeed – Business News
Velesto unit disposes of entire stake in Velesto Workover for RM16.5mil
KUALA LUMPUR: Velesto Energy Bhd said its wholly-owned subsidiary Velesto Malaysian Ventures Sdn Bhd has entered into a Share Sale Agreement (SSA) with Enviros Survey & Consultancy Sdn Bhd to […]
Bursa Malaysia’s key index ends firmer, hits new 16-month high
KUALA LUMPUR: Bursa Malaysia’s key index recovered from intraday losses to end 0.23 per cent higher on Monday, marking a fresh 16-month high, supported by steady institutional demand. Read full […]
Powerwell to expand into East Malaysia via strategic M&A
KUALA LUMPUR: Powerwell Holdings Bhd is set to expand into East Malaysia via the proposed acquisition of 49% stakes in Tenaga Kenari Sdn Bhd and Tenaga Kenari Marketing Sdn Bhd, […]
Signature International expects steady demand across core segments in 2026
KUALA LUMPUR: Modular kitchen system provider Signature International Bhd expects demand from its core segments to remain steady in 2026, particularly from Singapore’s renovation and fit-out market under the Corten […]
Willowglen MSC unit signs remote terminal unit supply contract for RM8.59mil
KUALA LUMPUR: Willowglen MSC Bhd said its wholly-owned subsidiary Willowglen Services Pte Ltd has secured a RM8.59mil contract for the supply and installation of remote terminal units at transmission substations […]
Awantec unit bags two contracts to supply AI tools to public unis worth a combined RM16.41mil.
KUALA LUMPUR: AwanBiru Technology Bhd’s wholly-owned subsidiary, Awantec Systems Sdn Bhd (ASSB), has been awarded two letters of award valued at a combined RM16.41mil by the Ministry of Higher Education […]
Malaysia secures RM54.13bil approved digital investments in 3Q25 – MDEC
KUALA LUMPUR: Malaysia recorded RM54.13 billion in approved Malaysia Digital (MD) investments in the third quarter of 2025 (3Q 2025), generating 21,815 high-value jobs across 402 digital companies, said the […]
Infomina’s Thai subsidiary inks RM137.1mil services contract with Siam Commercial Bank
KUALA LUMPUR: Infomina Bhd’s 99%-owned subsidiary Infomina (Thailand) Co Ltd has accepted a blanket purchase agreement valued at US$33.84mil (RM137.1mil) from Siam Commercial Bank Public Company Limited in Thailand. Read […]
Maxis fully restores services affected by tower fire in Kuala Kangsar
KUALA LUMPUR: Maxis Bhd has fully restored services for customers affected by the fire incident at its telecommunications tower site in Kampung Kelebor, Kuala Kangsar, two days ago. Read full […]
Malaysia, US trade rises to RM325.2bil in 2024, driven by E&E exports
KUALA LUMPUR: Malaysia’s trade performance with the United States (US) increased by 30 per cent to RM325.2 billion in 2024 despite uncertainties in the global trading landscape, according to the […]