Newsfeed – Business News
Maybank, RHB and CIMB become Vantris shareholders under restructuring plan
PETALING JAYA: Three major banks have announced the issuance of new shares and redeemable convertible unsecured Islamic debt securities (RCUIDS) in Vantris Energy Bhd as part of the latter’s restructuring […]
Aeon Credit, Aeon Co form AEON360 JV to unify customer ecosystem
PETALING JAYA: Aeon Credit Service (M) Bhd and Aeon Co (M) Bhd have set up a joint venture company, AEON360 Sdn Bhd, which will serve as the central intelligence layer […]
Steel Hawk proposes special issue of 70 million shares to Bumiputera investors
PETALING JAYA: Steel Hawk Bhd has proposed a special issue of up to 70 million new shares to Bumiputera investors at an issue price to be determined later. Read full […]
Inta Bina secures RM40.6mil Eco Majestic housing contract
KUALA LUMPUR: Inta Bina Group Bhd’s wholly-owned subsidiary, Inta Bina Sdn Bhd, has secured a RM40.6mil contract from Eco Majestic Development Sdn Bhd to build residential homes in Selangor. Read […]
Ringgit ends lower against US dollar, higher against other major currencies
KUALA LUMPUR: The ringgit ended weaker against the greenback on Friday as the US interest rate outlook remained cloudy and as US President Donald Trump ramped up his trade war with […]
Wasco gets SC nod for Greenergy spin-off IPO
PETALING JAYA: Wasco Bhd has obtained approval from the Securities Commission (SC) for the proposed spin-off listing of its renewable energy arm, Wasco Greenergy Bhd. Read full story Date: 26 […]
Poh Kong FY25 net profit rises 3.7% to RM121.2mil on resilient gold demand
PETALING JAYA: Poh Kong Holdings Bhd posted improved earnings in the financial year ended July 31, 2025 (FY25) thanks to resilient gold demand and despite higher operating costs. Read full […]
SNS Network 2Q profit triples to RM20.6mil on record RM1.75bil revenue
KUALA LUMPUR: SNS Network Technology Bhd remains upbeat on the ICT industry outlook, underpinned by regular device replacement cycles, government-driven digital transformation efforts, and growing demand for flexible information and […]
PWF Timberhill to acquire 14 shop-offices worth RM27.8mil in Damansara
KUALA LUMPUR: PWF Corporation Bhd’s wholly-owned subsidiary, PWF Timberhill Sdn Bhd is acquiring 14 units of shop-offices worth RM27.8 million. Read full story Date: 26 September, 2025 7:01 pm Source: thestar.com.my
Malaysia actively engages US on tariff issues, furniture products, says Tengku Zafrul
KUALA LUMPUR: Malaysia is actively engaging with the United States on tariff-related issues, particularly tariffs on furniture products, while continuing efforts to strengthen the country’s economic fundamentals, said Investment, Trade […]